💰 Financial Update

Projected Runway until: May 2025 (same projection as last month)

October 2024:

• Projected Burn Rate: $34,980
• Actual Burn Rate: $39,387 ($4,407 over projected - App Development and Capex Expenditure)
• Revenue (from 1:1 Coaching): $493

November 2024: Projected Burn Rate: $52,002

💬 Asks

• We're preparing for our first Lume Demo Day on Friday December 6th - reach out to Vicki if you'd like to see the demo in person.
• EE Hiring Referrals - we’re hiring in the System Engineering team

📈 Key metrics for October

• Customers Health Improved: 12 +1
• User Conversations: 411 (+29)
• Device Waitlist: 364 (+44)