Dear Investors,

October was a landmark month for Lume. We achieved our first complete on-body, real-time cortisol measurement, transforming our platform from benchtop validation to wearable reality.

Alongside this, our Tech Week events sold out with 950+ RSVPs, demonstrating growing market enthusiasm. A LinkedIn post went viral (120K+ impressions), causing rapid waitlist growth to (3400+, 70%growth), and we signed a Letter of Intent with Function Health to distribute and market 500 of our early devices.

As always, thank you for being on this journey with us.

V&J

KPIS:

• **Team Wellbeing: 7.3** (-0.1)
• Customer Metrics: Total Downloads of the LumeApp 1569 (+20%), 110 total LumeCoach Packages Sold.
• Waitlist: 3381 (+1401) +70%

💰 Financial Update

Projected Runway until: January 2025

October 2025:

• Projected Burn Rate**:** $50,207.00
• Actual Burn Rate: $55,336 ($5,129 over, tax adjustments + prototype costs )

November 2025: $35,305

Asks: