The path to $100M + cash-flow positive
Both revenue and operating cash flow use trailing four quarters, USD millions. A partial first year is shown during ramp.
Cash after planned financings
USD millions · after operating cash, taxes, working capital, equipment and retained service modules. Dashed line = minimum cash buffer.
Revenue per year
USD millions · final year may be partial; not annualized.
Expected weighted backlog
Year-end undelivered qualified opportunities × win probability × contract value. Includes prospective awards. Current signed backlog = $0 in this model; service renewals are excluded.
Fixed vs variable costs
USD millions · fixed includes payroll, facilities, legal/insurance, service program and external NRE. Variable includes COGS, commission and mission reserve. Capex, cash tax and working capital are in cash, not this chart.
Headcount by function
Year-end paid FTE, founders included. Fractional FTE represent an expected staffing budget.
Sensitivity · capital and target date
One assumption at a time, using register low/high values; all others stay at your current settings. Bars show total capital need, including the cash buffer. Dates are the joint $100M / positive trailing OCF target. No target = not reached within the model horizon.
Inspect any quarter
Quarterly financial ledger
Future financing plan
Post-money dilution excludes options, SAFEs, preferences and transaction fees. Development delay shifts all later rounds and gates equally; the seed is fixed. The cash warning reveals any resulting financing shortfall.