Profit & Loss
January 2026
Cash in the bank · January
$71,449.65
($27,864.01) vs Jan 1
Net sales
—
after sales tax
Gross profit
—
0.0% gross margin
Operating income
($67,864.01)
0.0% operating margin
Net profit
($67,864.01)
0.0% margin
Performance
Sales, product cost and net profit
January 2026
Operating expense breakdown
Revenue and profit
Month by month through January
Key observations
- Net sales of —.
- Gross profit of —, a 0.0% gross margin.
- Net profit of ($67,864.01), a 0.0% real margin after every expense.
- Operating costs of $67,864.01, with facility at $46,284.01 carrying most of it.
- Sales tie to Sweed. — rang up, — of that is sales tax collected, leaving — of net sales.
- Year to date the business stands at ($67,864.01) net on — of net sales.
Statement
| Category | JAN | Change | |
| Gross sales | — | — | — |
| Sales tax collected | — | — | — |
| Net sales | — | — | — |
| Product cost | — | — | — |
| Gross profit | — | — | — |
| Advertising | — | — | — |
| Payroll & Employee | — | — | — |
| Facility | — | $46,284.01 | — |
| Fleet | — | — | — |
| Administrative | — | $21,580.00 | — |
| Total operating exp. | — | $67,864.01 | — |
| Operating income | — | ($67,864.01) | — |
| Other income, net | — | — | — |
| Net profit | — | ($67,864.01) | — |
Year to Date
January through January 2026
Cash in the bank
$71,449.65
($27,864.01) since 1-1-2026
Net sales
—
after sales tax
Gross profit
—
0.0% gross margin
Operating expenses
$67,864.01
January through January
Net profit
($67,864.01)
0.0% margin
Revenue and profit
Month by month through January
Year to date
Operating expense breakdown
Month by month
Margins and profit
| Month | Net sales | GP % | Net profit | Net % |
| January | — | 0.0% | ($67,864.01) | 0.0% |
| Year to date | — | 0.0% | ($67,864.01) | 0.0% |
Full Profit & Loss
January and year to date
| Account | January | Year to date |
| Income | ||
| 40000 Income | ||
| 40002 Services - Cash Sales | ||
| 40003 Services - DNS Debit Settlements | ||
| 40009 Cumulative - Sweed Timing Adjustment | ||
| 41000 Less - Sales Tax Collected | ||
| Cost of Goods Sold | ||
| 50000 Cost of Goods Sold (Sales) | ||
| 50150 Cost of Sales - Supplies & Materials | ||
| Expenses | ||
| 60000 Advertising | ||
| 60250 Advertising - Events & Sponsorships | ||
| 60400 Advertising - Billboard | ||
| 60450 Advertising - Print--Media-Videography-Photography | ||
| 60500 Advertising - Telemarketing | ||
| 60550 Advertising - Marketing Team Meals | ||
| 65000 Employee Related-Compensation | ||
| 65100 Employee Payroll | ||
| 65101 Salaries & Wages | ||
| 65102 Overtime - OT | ||
| 65104 Vacation/Holiday/Sick--Severance/Emergency Leave | ||
| 65106 Bonuses | ||
| 65200 Fringe | ||
| 65201 Group Health Insurance | ||
| 65202 Workers' Comp Insurance | ||
| 65204 Payroll Tax - FICA/FUTA & SUTA | ||
| 65205 Payroll Administrative Related Fees | ||
| 65400 Other | ||
| 65401 Uniforms/Logo Shirts | ||
| 65405 Employee Reimbursements | ||
| 70000 Facility | ||
| 70025 Rent & Lease | $40,000.00 | $40,000.00 |
| 70050 Building Maintenance & Repairs | ||
| 70100 Utilities--Water, Gas, Electric | ||
| 70150 Telephone Landlines, Internet, & TV Subscriptions | $265.35 | $265.35 |
| 70300 Security | ||
| 70350 Shop Supplies | $6,018.66 | $6,018.66 |
| Total for 70000 Facility | $46,284.01 | $46,284.01 |
| 75000 Fleet | ||
| 75050 Vehicle Repairs & Maintenance | ||
| 75100 Vehicle Cleaning/Parking/Tolls | ||
| 75200 Fuel | ||
| 75450 Vehicle Charging Subscription | ||
| 80000 Administrative | ||
| 81100 Business Operations | ||
| 81110 Office Supplies/Forms/Contracts | ||
| 81120 Computer Supplies | ||
| 81140 Software Licensing | $21,480.00 | $21,480.00 |
| 81150 Dues & Non-software Subscriptions | ||
| 81160 Permits & Licenses-Business Registration | ||
| 81170 Shipping/Postage | ||
| 81190 Charitable Contributions-Gifts | ||
| 81220 Bank & Credit Card Fees--Incidental/Wire Bank Fees | $100.00 | $100.00 |
| 81270 Transportation Services | ||
| Total for 81100 Business Operations | $21,580.00 | $21,580.00 |
| 82000 Professional Services | ||
| 82100 Finance & Accounting | ||
| 82110 Legal | ||
| 82140 IT Services & Technology | ||
| 82150 1099 Contractors | ||
| 82170 Executive Services | ||
| 83000 Travel & Entertainment | ||
| 83100 Travel | ||
| 83130 Ground Transportation | ||
| 83134 Parking & Tolls | ||
| 83200 Meals | ||
| 83220 Office Meals & Team Dinners | ||
| Total for 80000 Administrative | $21,580.00 | $21,580.00 |
| Total for Expenses | $67,864.01 | $67,864.01 |
| Net Operating Income | ($67,864.01) | ($67,864.01) |
| Other Income | ||
| 91000 Other Income | ||
| 91450 Services - Vendor Payment Income | ||
| Net Income | ($67,864.01) | ($67,864.01) |
| Accrual Basis Wednesday, October 07, 2026 08:24 AM GMT-04:00 |
Balance Sheet
As of January 30, 2026
Total assets
$71,449.65
Balanced to the penny
Cash
$71,449.65
operating account
Inventory
—
on the shelf
Vendor bills
$280,000.00
accounts payable
Equity
($308,550.35)
owners' stake
Assets
| 10001 | GLACIER DISP OP ACCT-9152 | $71,449.65 |
| 13250 | Inventory Asset | — |
| 13260 | Inventory in Transit | — |
| 15500 | Cumulative - Sweed Sales in Transit | — |
| 17041 | Vehicle 1 (Bentley) | — |
| Total assets | $71,449.65 |
Liabilities and equity
| 20000 | Accounts Payable (A/P) | $280,000.00 |
| 20501 | Chase Credit Card | — |
| 22501 | Sales Taxes Payable | — |
| 22630 | IL Unemployment Tax Payable | — |
| 22640 | IL Withholding Tax Payable | — |
| 22660 | Payroll Payables - Child Support | — |
| 22700 | Payroll Benefits - Medical/Dental/Vision | — |
| 23101 | BPMD Loan Payable | — |
| 23102 | SUP Development - Start Up Loan | $100,000.00 |
| 25101 | PNC Loan | — |
| Total liabilities | $380,000.00 | |
| Retained | Retained Earnings | ($240,686.34) |
| Net income, year to date | ($67,864.01) | |
| Total equity | ($308,550.35) | |
| Total liabilities and equity | $71,449.65 |
Cash Flow
January 2026
Change in cash
($27,864.01)
January 1 to January
Opening cash
$99,313.66
January 1
Net profit
($67,864.01)
accrual basis
Working capital
$40,000.00
inventory, bills, tax
Closing cash
$71,449.65
January 30
Where the cash went
January 2026
| Cash at January 1 | $99,313.66 |
| Net profit for the month | ($67,864.01) |
| Vendor bills | $40,000.00 |
| Change in cash | ($27,864.01) |
| Cash at January 30 | $71,449.65 |
Notes
January 2026
How the month went
January brought in — of net sales and kept ($67,864.01) of it, a 0.0% real margin. Gross margin landed at 0.0%.
Year to date Liam is at — of net sales and ($67,864.01) of net profit, a 0.0% margin on 0.0% gross.
Sales match the Sweed register to the penny, and so does cost of goods. Inventory ties to the Sweed turnover report as well, so revenue, product cost, sales tax and what is on the shelf all agree with the POS.
Still open
| Inventory | 13250 lands at — and matches the Sweed inventory turnover report to the penny. The — in 13260 is product invoiced in September that had not hit the shelf yet, and it reverses in October. |
| Chase card | Showing —. Only the payments are on the books so far. The charges behind them still need to come off the statements. |
| Loans | BPMD at — and SUP at $100,000.00 have not moved all year and no interest has posted. Need the terms on both. |
| PNC loan | Payments are going out but the loan itself is not on the books, which is why it shows —. Need the loan details. |
At your service,
Juan Rodriguez
Fractional CFO & Controller, JAServices Financial
QuickBooks Online International Certified
Profit & Loss
February 2026
Cash in the bank · February
$26,435.44
($45,014.21) vs Jan
Net sales
—
+$0.00 vs Jan
Gross profit
—
0.0% gross margin
Operating income
($85,014.21)
0.0% operating margin
Net profit
($85,014.21)
0.0% margin
Performance
Sales, product cost and net profit
February 2026
Operating expense breakdown
Revenue and profit
Month by month through February
Key observations
- Net sales of —.
- Gross profit of —, a 0.0% gross margin.
- Net profit of ($85,014.21), a 0.0% real margin after every expense.
- Operating costs of $85,014.21, with facility at $82,654.08 carrying most of it.
- Sales tie to Sweed. — rang up, — of that is sales tax collected, leaving — of net sales.
- Year to date the business stands at ($152,878.22) net on — of net sales.
Statement
| Category | JAN | FEB | Change |
| Gross sales | — | — | +$0.00 |
| Sales tax collected | — | — | +$0.00 |
| Net sales | — | — | +$0.00 |
| Product cost | — | — | +$0.00 |
| Gross profit | — | — | +$0.00 |
| Advertising | — | — | +$0.00 |
| Payroll & Employee | — | — | +$0.00 |
| Facility | $46,284.01 | $82,654.08 | +$36,370.07 |
| Fleet | — | — | +$0.00 |
| Administrative | $21,580.00 | $2,360.13 | ($19,219.87) |
| Total operating exp. | $67,864.01 | $85,014.21 | +$17,150.20 |
| Operating income | ($67,864.01) | ($85,014.21) | ($17,150.20) |
| Other income, net | — | — | +$0.00 |
| Net profit | ($67,864.01) | ($85,014.21) | ($17,150.20) |
Year to Date
January through February 2026
Cash in the bank
$26,435.44
($72,878.22) since 1-1-2026
Net sales
—
after sales tax
Gross profit
—
0.0% gross margin
Operating expenses
$152,878.22
January through February
Net profit
($152,878.22)
0.0% margin
Revenue and profit
Month by month through February
Year to date
Operating expense breakdown
Month by month
Margins and profit
| Month | Net sales | GP % | Net profit | Net % |
| January | — | 0.0% | ($67,864.01) | 0.0% |
| February | — | 0.0% | ($85,014.21) | 0.0% |
| Year to date | — | 0.0% | ($152,878.22) | 0.0% |
Full Profit & Loss
February and year to date
| Account | February | Year to date |
| Income | ||
| 40000 Income | ||
| 40002 Services - Cash Sales | ||
| 40003 Services - DNS Debit Settlements | ||
| 40009 Cumulative - Sweed Timing Adjustment | ||
| 41000 Less - Sales Tax Collected | ||
| Cost of Goods Sold | ||
| 50000 Cost of Goods Sold (Sales) | ||
| 50150 Cost of Sales - Supplies & Materials | ||
| Expenses | ||
| 60000 Advertising | ||
| 60250 Advertising - Events & Sponsorships | ||
| 60400 Advertising - Billboard | ||
| 60450 Advertising - Print--Media-Videography-Photography | ||
| 60500 Advertising - Telemarketing | ||
| 60550 Advertising - Marketing Team Meals | ||
| 65000 Employee Related-Compensation | ||
| 65100 Employee Payroll | ||
| 65101 Salaries & Wages | ||
| 65102 Overtime - OT | ||
| 65104 Vacation/Holiday/Sick--Severance/Emergency Leave | ||
| 65106 Bonuses | ||
| 65200 Fringe | ||
| 65201 Group Health Insurance | ||
| 65202 Workers' Comp Insurance | ||
| 65204 Payroll Tax - FICA/FUTA & SUTA | ||
| 65205 Payroll Administrative Related Fees | ||
| 65400 Other | ||
| 65401 Uniforms/Logo Shirts | ||
| 65405 Employee Reimbursements | ||
| 70000 Facility | ||
| 70025 Rent & Lease | $40,000.00 | $80,000.00 |
| 70050 Building Maintenance & Repairs | $42,388.73 | $42,388.73 |
| 70100 Utilities--Water, Gas, Electric | ||
| 70150 Telephone Landlines, Internet, & TV Subscriptions | $265.35 | $530.70 |
| 70300 Security | ||
| 70350 Shop Supplies | ||
| Total for 70000 Facility | $82,654.08 | $128,938.09 |
| 75000 Fleet | ||
| 75050 Vehicle Repairs & Maintenance | ||
| 75100 Vehicle Cleaning/Parking/Tolls | ||
| 75200 Fuel | ||
| 75450 Vehicle Charging Subscription | ||
| 80000 Administrative | ||
| 81100 Business Operations | ||
| 81110 Office Supplies/Forms/Contracts | $439.98 | $439.98 |
| 81120 Computer Supplies | $1,523.00 | $1,523.00 |
| 81140 Software Licensing | ||
| 81150 Dues & Non-software Subscriptions | ||
| 81160 Permits & Licenses-Business Registration | ||
| 81170 Shipping/Postage | $297.15 | $297.15 |
| 81190 Charitable Contributions-Gifts | ||
| 81220 Bank & Credit Card Fees--Incidental/Wire Bank Fees | $100.00 | $200.00 |
| 81270 Transportation Services | ||
| Total for 81100 Business Operations | $2,360.13 | $23,940.13 |
| 82000 Professional Services | ||
| 82100 Finance & Accounting | ||
| 82110 Legal | ||
| 82140 IT Services & Technology | ||
| 82150 1099 Contractors | ||
| 82170 Executive Services | ||
| 83000 Travel & Entertainment | ||
| 83100 Travel | ||
| 83130 Ground Transportation | ||
| 83134 Parking & Tolls | ||
| 83200 Meals | ||
| 83220 Office Meals & Team Dinners | ||
| Total for 80000 Administrative | $2,360.13 | $23,940.13 |
| Total for Expenses | $85,014.21 | $152,878.22 |
| Net Operating Income | ($85,014.21) | ($152,878.22) |
| Other Income | ||
| 91000 Other Income | ||
| 91450 Services - Vendor Payment Income | ||
| Net Income | ($85,014.21) | ($152,878.22) |
| Accrual Basis Wednesday, October 07, 2026 08:24 AM GMT-04:00 |
Balance Sheet
As of February 30, 2026
Total assets
$26,435.44
Balanced to the penny
Cash
$26,435.44
operating account
Inventory
—
on the shelf
Vendor bills
$320,000.00
accounts payable
Equity
($393,564.56)
owners' stake
Assets
| 10001 | GLACIER DISP OP ACCT-9152 | $26,435.44 |
| 13250 | Inventory Asset | — |
| 13260 | Inventory in Transit | — |
| 15500 | Cumulative - Sweed Sales in Transit | — |
| 17041 | Vehicle 1 (Bentley) | — |
| Total assets | $26,435.44 |
Liabilities and equity
| 20000 | Accounts Payable (A/P) | $320,000.00 |
| 20501 | Chase Credit Card | — |
| 22501 | Sales Taxes Payable | — |
| 22630 | IL Unemployment Tax Payable | — |
| 22640 | IL Withholding Tax Payable | — |
| 22660 | Payroll Payables - Child Support | — |
| 22700 | Payroll Benefits - Medical/Dental/Vision | — |
| 23101 | BPMD Loan Payable | — |
| 23102 | SUP Development - Start Up Loan | $100,000.00 |
| 25101 | PNC Loan | — |
| Total liabilities | $420,000.00 | |
| Retained | Retained Earnings | ($240,686.34) |
| Net income, year to date | ($152,878.22) | |
| Total equity | ($393,564.56) | |
| Total liabilities and equity | $26,435.44 |
Cash Flow
February 2026
Change in cash
($45,014.21)
January to February
Opening cash
$71,449.65
January
Net profit
($85,014.21)
accrual basis
Working capital
$40,000.00
inventory, bills, tax
Closing cash
$26,435.44
February 30
Where the cash went
February 2026
| Cash at January | $71,449.65 |
| Net profit for the month | ($85,014.21) |
| Vendor bills | $40,000.00 |
| Change in cash | ($45,014.21) |
| Cash at February 30 | $26,435.44 |
Notes
February 2026
How the month went
February brought in — of net sales and kept ($85,014.21) of it, a 0.0% real margin. Gross margin landed at 0.0%.
Year to date Liam is at — of net sales and ($152,878.22) of net profit, a 0.0% margin on 0.0% gross.
Sales match the Sweed register to the penny, and so does cost of goods. Inventory ties to the Sweed turnover report as well, so revenue, product cost, sales tax and what is on the shelf all agree with the POS.
Still open
| Inventory | 13250 lands at — and matches the Sweed inventory turnover report to the penny. The — in 13260 is product invoiced in September that had not hit the shelf yet, and it reverses in October. |
| Chase card | Showing —. Only the payments are on the books so far. The charges behind them still need to come off the statements. |
| Loans | BPMD at — and SUP at $100,000.00 have not moved all year and no interest has posted. Need the terms on both. |
| PNC loan | Payments are going out but the loan itself is not on the books, which is why it shows —. Need the loan details. |
At your service,
Juan Rodriguez
Fractional CFO & Controller, JAServices Financial
QuickBooks Online International Certified
Profit & Loss
March 2026
Cash in the bank · March
$78,234.49
+$51,799.05 vs Feb
Net sales
$9.24
+$9.24 vs Feb
Gross profit
$3.29
35.6% gross margin
Operating income
($69,361.56)
-750666.2% operating margin
Net profit
($69,361.56)
-750666.2% margin
Performance
Sales, product cost and net profit
March 2026
Operating expense breakdown
Revenue and profit
Month by month through March
Key observations
- Net sales of $9.24.
- Gross profit of $3.29, a 35.6% gross margin.
- Net profit of ($69,361.56), a -750666.2% real margin after every expense.
- Operating costs of $69,364.85, with facility at $64,550.21 carrying most of it.
- Sales tie to Sweed. $10.00 rang up, $0.76 of that is sales tax collected, leaving $9.24 of net sales.
- Year to date the business stands at ($222,239.78) net on $9.24 of net sales.
Statement
| Category | FEB | MAR | Change |
| Gross sales | — | $10.00 | +$10.00 |
| Sales tax collected | — | ($0.76) | ($0.76) |
| Net sales | — | $9.24 | +$9.24 |
| Product cost | — | ($5.95) | ($5.95) |
| Gross profit | — | $3.29 | +$3.29 |
| Advertising | — | $901.43 | +$901.43 |
| Payroll & Employee | — | — | +$0.00 |
| Facility | $82,654.08 | $64,550.21 | ($18,103.87) |
| Fleet | — | $188.04 | +$188.04 |
| Administrative | $2,360.13 | $3,725.17 | +$1,365.04 |
| Total operating exp. | $85,014.21 | $69,364.85 | ($15,649.36) |
| Operating income | ($85,014.21) | ($69,361.56) | +$15,652.65 |
| Other income, net | — | — | +$0.00 |
| Net profit | ($85,014.21) | ($69,361.56) | +$15,652.65 |
Year to Date
January through March 2026
Cash in the bank
$78,234.49
($21,079.17) since 1-1-2026
Net sales
$9.24
after sales tax
Gross profit
$3.29
35.6% gross margin
Operating expenses
$222,243.07
January through March
Net profit
($222,239.78)
-2405192.4% margin
Revenue and profit
Month by month through March
Year to date
Operating expense breakdown
Month by month
Margins and profit
| Month | Net sales | GP % | Net profit | Net % |
| January | — | 0.0% | ($67,864.01) | 0.0% |
| February | — | 0.0% | ($85,014.21) | 0.0% |
| March | $9.24 | 35.6% | ($69,361.56) | -750666.2% |
| Year to date | $9.24 | 35.6% | ($222,239.78) | -2405192.4% |
Full Profit & Loss
March and year to date
| Account | March | Year to date |
| Income | ||
| 40000 Income | ||
| 40002 Services - Cash Sales | ||
| 40003 Services - DNS Debit Settlements | $70.00 | $70.00 |
| 40009 Cumulative - Sweed Timing Adjustment | ($60.00) | ($60.00) |
| Total for 40000 Income | $10.00 | $10.00 |
| 41000 Less - Sales Tax Collected | ($0.76) | ($0.76) |
| Total for Income | $9.24 | $9.24 |
| Cost of Goods Sold | ||
| 50000 Cost of Goods Sold (Sales) | ||
| 50150 Cost of Sales - Supplies & Materials | $5.95 | $5.95 |
| Total for 50000 Cost of Goods Sold (Sales) | $5.95 | $5.95 |
| Total for Cost of Goods Sold | $5.95 | $5.95 |
| Gross Profit | $3.29 | $3.29 |
| Expenses | ||
| 60000 Advertising | ||
| 60250 Advertising - Events & Sponsorships | ||
| 60400 Advertising - Billboard | ||
| 60450 Advertising - Print--Media-Videography-Photography | $385.00 | $385.00 |
| 60500 Advertising - Telemarketing | ||
| 60550 Advertising - Marketing Team Meals | $516.43 | $516.43 |
| Total for 60000 Advertising | $901.43 | $901.43 |
| 65000 Employee Related-Compensation | ||
| 65100 Employee Payroll | ||
| 65101 Salaries & Wages | ||
| 65102 Overtime - OT | ||
| 65104 Vacation/Holiday/Sick--Severance/Emergency Leave | ||
| 65106 Bonuses | ||
| 65200 Fringe | ||
| 65201 Group Health Insurance | ||
| 65202 Workers' Comp Insurance | ||
| 65204 Payroll Tax - FICA/FUTA & SUTA | ||
| 65205 Payroll Administrative Related Fees | ||
| 65400 Other | ||
| 65401 Uniforms/Logo Shirts | ||
| 65405 Employee Reimbursements | ||
| 70000 Facility | ||
| 70025 Rent & Lease | $40,000.00 | $120,000.00 |
| 70050 Building Maintenance & Repairs | $10,344.09 | $52,732.82 |
| 70100 Utilities--Water, Gas, Electric | ||
| 70150 Telephone Landlines, Internet, & TV Subscriptions | $265.35 | $796.05 |
| 70300 Security | ||
| 70350 Shop Supplies | $13,940.77 | $19,959.43 |
| Total for 70000 Facility | $64,550.21 | $193,488.30 |
| 75000 Fleet | ||
| 75050 Vehicle Repairs & Maintenance | $188.04 | $188.04 |
| 75100 Vehicle Cleaning/Parking/Tolls | ||
| 75200 Fuel | ||
| 75450 Vehicle Charging Subscription | ||
| Total for 75000 Fleet | $188.04 | $188.04 |
| 80000 Administrative | ||
| 81100 Business Operations | ||
| 81110 Office Supplies/Forms/Contracts | $1,994.85 | $2,434.83 |
| 81120 Computer Supplies | $1,339.12 | $2,862.12 |
| 81140 Software Licensing | ||
| 81150 Dues & Non-software Subscriptions | ||
| 81160 Permits & Licenses-Business Registration | ||
| 81170 Shipping/Postage | ||
| 81190 Charitable Contributions-Gifts | ||
| 81220 Bank & Credit Card Fees--Incidental/Wire Bank Fees | $102.00 | $302.00 |
| 81270 Transportation Services | ||
| Total for 81100 Business Operations | $3,435.97 | $27,376.10 |
| 82000 Professional Services | ||
| 82100 Finance & Accounting | ||
| 82110 Legal | ||
| 82140 IT Services & Technology | ||
| 82150 1099 Contractors | ||
| 82170 Executive Services | ||
| 83000 Travel & Entertainment | ||
| 83100 Travel | ||
| 83130 Ground Transportation | ||
| 83134 Parking & Tolls | ||
| 83200 Meals | ||
| 83220 Office Meals & Team Dinners | $289.20 | $289.20 |
| Total for 83200 Meals | $289.20 | $289.20 |
| Total for 83000 Travel & Entertainment | $289.20 | $289.20 |
| Total for 80000 Administrative | $3,725.17 | $27,665.30 |
| Total for Expenses | $69,364.85 | $222,243.07 |
| Net Operating Income | ($69,361.56) | ($222,239.78) |
| Other Income | ||
| 91000 Other Income | ||
| 91450 Services - Vendor Payment Income | ||
| Net Income | ($69,361.56) | ($222,239.78) |
| Accrual Basis Wednesday, October 07, 2026 08:24 AM GMT-04:00 |
Balance Sheet
As of March 30, 2026
Total assets
$491,756.65
Balanced to the penny
Cash
$78,234.49
operating account
Inventory
$413,582.16
on the shelf
Vendor bills
$754,682.01
accounts payable
Equity
($462,926.12)
owners' stake
Assets
| 10001 | GLACIER DISP OP ACCT-9152 | $78,234.49 |
| 13250 | Inventory Asset | $413,582.16 |
| 13260 | Inventory in Transit | — |
| 15500 | Cumulative - Sweed Sales in Transit | ($60.00) |
| 17041 | Vehicle 1 (Bentley) | — |
| Total assets | $491,756.65 |
Liabilities and equity
| 20000 | Accounts Payable (A/P) | $754,682.01 |
| 20501 | Chase Credit Card | — |
| 22501 | Sales Taxes Payable | $0.76 |
| 22630 | IL Unemployment Tax Payable | — |
| 22640 | IL Withholding Tax Payable | — |
| 22660 | Payroll Payables - Child Support | — |
| 22700 | Payroll Benefits - Medical/Dental/Vision | — |
| 23101 | BPMD Loan Payable | $100,000.00 |
| 23102 | SUP Development - Start Up Loan | $100,000.00 |
| 25101 | PNC Loan | — |
| Total liabilities | $954,682.77 | |
| Retained | Retained Earnings | ($240,686.34) |
| Net income, year to date | ($222,239.78) | |
| Total equity | ($462,926.12) | |
| Total liabilities and equity | $491,756.65 |
Cash Flow
March 2026
Change in cash
$51,799.05
February to March
Opening cash
$26,435.44
February
Net profit
($69,361.56)
accrual basis
Working capital
$21,160.61
inventory, bills, tax
Closing cash
$78,234.49
March 30
Where the cash went
March 2026
| Cash at February | $26,435.44 |
| Net profit for the month | ($69,361.56) |
| Inventory | ($413,582.16) |
| Sweed sales not yet deposited | $60.00 |
| Vendor bills | $434,682.01 |
| Sales tax payable | $0.76 |
| Loans | $100,000.00 |
| Change in cash | $51,799.05 |
| Cash at March 30 | $78,234.49 |
Notes
March 2026
How the month went
March brought in $9.24 of net sales and kept ($69,361.56) of it, a -750666.2% real margin. Gross margin landed at 35.6%.
Year to date Liam is at $9.24 of net sales and ($222,239.78) of net profit, a -2405192.4% margin on 35.6% gross.
Sales match the Sweed register to the penny, and so does cost of goods. Inventory ties to the Sweed turnover report as well, so revenue, product cost, sales tax and what is on the shelf all agree with the POS.
Still open
| Inventory | 13250 lands at $413,582.16 and matches the Sweed inventory turnover report to the penny. The — in 13260 is product invoiced in September that had not hit the shelf yet, and it reverses in October. |
| Chase card | Showing —. Only the payments are on the books so far. The charges behind them still need to come off the statements. |
| Loans | BPMD at $100,000.00 and SUP at $100,000.00 have not moved all year and no interest has posted. Need the terms on both. |
| PNC loan | Payments are going out but the loan itself is not on the books, which is why it shows —. Need the loan details. |
At your service,
Juan Rodriguez
Fractional CFO & Controller, JAServices Financial
QuickBooks Online International Certified
Profit & Loss
April 2026
Cash in the bank · April
$520,618.85
+$442,384.36 vs Mar
Net sales
$545,289.77
+$545,280.53 vs Mar
Gross profit
$267,892.96
49.1% gross margin
Operating income
$144,193.16
26.4% operating margin
Net profit
$144,193.16
26.4% margin
Performance
Sales, product cost and net profit
April 2026
Operating expense breakdown
Revenue and profit
Month by month through April
Key observations
- Net sales of $545,289.77, up 5901304% from Mar.
- Gross profit of $267,892.96, a 49.1% gross margin.
- Net profit of $144,193.16, a 26.4% real margin after every expense.
- Operating costs of $123,699.80, with payroll & employee at $66,087.29 carrying most of it.
- Sales tie to Sweed. $714,516.00 rang up, $169,226.23 of that is sales tax collected, leaving $545,289.77 of net sales.
- Year to date the business stands at ($78,046.62) net on $545,299.01 of net sales.
Statement
| Category | MAR | APR | Change |
| Gross sales | $10.00 | $714,516.00 | +$714,506.00 |
| Sales tax collected | ($0.76) | ($169,226.23) | ($169,225.47) |
| Net sales | $9.24 | $545,289.77 | +$545,280.53 |
| Product cost | ($5.95) | ($277,396.81) | ($277,390.86) |
| Gross profit | $3.29 | $267,892.96 | +$267,889.67 |
| Advertising | $901.43 | $5,000.17 | +$4,098.74 |
| Payroll & Employee | — | $66,087.29 | +$66,087.29 |
| Facility | $64,550.21 | $45,875.79 | ($18,674.42) |
| Fleet | $188.04 | $550.00 | +$361.96 |
| Administrative | $3,725.17 | $6,186.55 | +$2,461.38 |
| Total operating exp. | $69,364.85 | $123,699.80 | +$54,334.95 |
| Operating income | ($69,361.56) | $144,193.16 | +$213,554.72 |
| Other income, net | — | — | +$0.00 |
| Net profit | ($69,361.56) | $144,193.16 | +$213,554.72 |
Year to Date
January through April 2026
Cash in the bank
$520,618.85
+$421,305.19 since 1-1-2026
Net sales
$545,299.01
after sales tax
Gross profit
$267,896.25
49.1% gross margin
Operating expenses
$345,942.87
January through April
Net profit
($78,046.62)
-14.3% margin
Revenue and profit
Month by month through April
Year to date
Operating expense breakdown
Month by month
Margins and profit
| Month | Net sales | GP % | Net profit | Net % |
| January | — | 0.0% | ($67,864.01) | 0.0% |
| February | — | 0.0% | ($85,014.21) | 0.0% |
| March | $9.24 | 35.6% | ($69,361.56) | -750666.2% |
| April | $545,289.77 | 49.1% | $144,193.16 | 26.4% |
| Year to date | $545,299.01 | 49.1% | ($78,046.62) | -14.3% |
Full Profit & Loss
April and year to date
| Account | April | Year to date |
| Income | ||
| 40000 Income | ||
| 40002 Services - Cash Sales | $236,429.00 | $236,429.00 |
| 40003 Services - DNS Debit Settlements | $319,724.50 | $319,794.50 |
| 40009 Cumulative - Sweed Timing Adjustment | $158,362.50 | $158,302.50 |
| Total for 40000 Income | $714,516.00 | $714,526.00 |
| 41000 Less - Sales Tax Collected | ($169,226.23) | ($169,226.99) |
| Total for Income | $545,289.77 | $545,299.01 |
| Cost of Goods Sold | ||
| 50000 Cost of Goods Sold (Sales) | ||
| 50150 Cost of Sales - Supplies & Materials | $277,396.81 | $277,402.76 |
| Total for 50000 Cost of Goods Sold (Sales) | $277,396.81 | $277,402.76 |
| Total for Cost of Goods Sold | $277,396.81 | $277,402.76 |
| Gross Profit | $267,892.96 | $267,896.25 |
| Expenses | ||
| 60000 Advertising | ||
| 60250 Advertising - Events & Sponsorships | $1,000.00 | $1,000.00 |
| 60400 Advertising - Billboard | $3,000.00 | $3,000.00 |
| 60450 Advertising - Print--Media-Videography-Photography | ||
| 60500 Advertising - Telemarketing | ||
| 60550 Advertising - Marketing Team Meals | $1,000.17 | $1,516.60 |
| Total for 60000 Advertising | $5,000.17 | $5,901.60 |
| 65000 Employee Related-Compensation | ||
| 65100 Employee Payroll | ||
| 65101 Salaries & Wages | $54,221.39 | $54,221.39 |
| 65102 Overtime - OT | $3,817.03 | $3,817.03 |
| 65104 Vacation/Holiday/Sick--Severance/Emergency Leave | ||
| 65106 Bonuses | $1,000.00 | $1,000.00 |
| Total for 65100 Employee Payroll | $59,038.42 | $59,038.42 |
| 65200 Fringe | ||
| 65201 Group Health Insurance | ||
| 65202 Workers' Comp Insurance | $23.33 | $23.33 |
| 65204 Payroll Tax - FICA/FUTA & SUTA | $7,025.54 | $7,025.54 |
| 65205 Payroll Administrative Related Fees | ||
| Total for 65200 Fringe | $7,048.87 | $7,048.87 |
| 65400 Other | ||
| 65401 Uniforms/Logo Shirts | ||
| 65405 Employee Reimbursements | ||
| Total for 65000 Employee Related-Compensation | $66,087.29 | $66,087.29 |
| 70000 Facility | ||
| 70025 Rent & Lease | $40,000.00 | $160,000.00 |
| 70050 Building Maintenance & Repairs | $5,230.00 | $57,962.82 |
| 70100 Utilities--Water, Gas, Electric | ||
| 70150 Telephone Landlines, Internet, & TV Subscriptions | $265.35 | $1,061.40 |
| 70300 Security | ||
| 70350 Shop Supplies | $380.44 | $20,339.87 |
| Total for 70000 Facility | $45,875.79 | $239,364.09 |
| 75000 Fleet | ||
| 75050 Vehicle Repairs & Maintenance | $550.00 | $738.04 |
| 75100 Vehicle Cleaning/Parking/Tolls | ||
| 75200 Fuel | ||
| 75450 Vehicle Charging Subscription | ||
| Total for 75000 Fleet | $550.00 | $738.04 |
| 80000 Administrative | ||
| 81100 Business Operations | ||
| 81110 Office Supplies/Forms/Contracts | $2,683.04 | $5,117.87 |
| 81120 Computer Supplies | ||
| 81140 Software Licensing | $3,000.00 | $24,480.00 |
| 81150 Dues & Non-software Subscriptions | ||
| 81160 Permits & Licenses-Business Registration | $204.50 | $204.50 |
| 81170 Shipping/Postage | ||
| 81190 Charitable Contributions-Gifts | ||
| 81220 Bank & Credit Card Fees--Incidental/Wire Bank Fees | $100.00 | $402.00 |
| 81270 Transportation Services | $163.70 | $163.70 |
| Total for 81100 Business Operations | $6,151.24 | $33,527.34 |
| 82000 Professional Services | ||
| 82100 Finance & Accounting | ||
| 82110 Legal | ||
| 82140 IT Services & Technology | ||
| 82150 1099 Contractors | ||
| 82170 Executive Services | ||
| 83000 Travel & Entertainment | ||
| 83100 Travel | ||
| 83130 Ground Transportation | ||
| 83134 Parking & Tolls | ||
| 83200 Meals | ||
| 83220 Office Meals & Team Dinners | $35.31 | $324.51 |
| Total for 83200 Meals | $35.31 | $324.51 |
| Total for 83000 Travel & Entertainment | $35.31 | $324.51 |
| Total for 80000 Administrative | $6,186.55 | $33,851.85 |
| Total for Expenses | $123,699.80 | $345,942.87 |
| Net Operating Income | $144,193.16 | ($78,046.62) |
| Other Income | ||
| 91000 Other Income | ||
| 91450 Services - Vendor Payment Income | ||
| Net Income | $144,193.16 | ($78,046.62) |
| Accrual Basis Wednesday, October 07, 2026 08:24 AM GMT-04:00 |
Balance Sheet
As of April 30, 2026
Total assets
$1,392,416.04
Balanced to the penny
Cash
$520,618.85
operating account
Inventory
$713,494.69
on the shelf
Vendor bills
$1,373,970.85
accounts payable
Equity
($318,732.96)
owners' stake
Assets
| 10001 | GLACIER DISP OP ACCT-9152 | $520,618.85 |
| 13250 | Inventory Asset | $713,494.69 |
| 13260 | Inventory in Transit | — |
| 15500 | Cumulative - Sweed Sales in Transit | $158,302.50 |
| 17041 | Vehicle 1 (Bentley) | — |
| Total assets | $1,392,416.04 |
Liabilities and equity
| 20000 | Accounts Payable (A/P) | $1,373,970.85 |
| 20501 | Chase Credit Card | ($32,734.99) |
| 22501 | Sales Taxes Payable | $169,226.99 |
| 22630 | IL Unemployment Tax Payable | — |
| 22640 | IL Withholding Tax Payable | — |
| 22660 | Payroll Payables - Child Support | — |
| 22700 | Payroll Benefits - Medical/Dental/Vision | $686.15 |
| 23101 | BPMD Loan Payable | $100,000.00 |
| 23102 | SUP Development - Start Up Loan | $100,000.00 |
| 25101 | PNC Loan | — |
| Total liabilities | $1,711,149.00 | |
| Retained | Retained Earnings | ($240,686.34) |
| Net income, year to date | ($78,046.62) | |
| Total equity | ($318,732.96) | |
| Total liabilities and equity | $1,392,416.04 |
Cash Flow
April 2026
Change in cash
$442,384.36
March to April
Opening cash
$78,234.49
March
Net profit
$144,193.16
accrual basis
Working capital
$330,240.04
inventory, bills, tax
Closing cash
$520,618.85
April 30
Where the cash went
April 2026
| Cash at March | $78,234.49 |
| Net profit for the month | $144,193.16 |
| Inventory | ($299,912.53) |
| Sweed sales not yet deposited | ($158,362.50) |
| Vendor bills | $619,288.84 |
| Sales tax payable | $169,226.23 |
| Payroll liabilities | $686.15 |
| Credit card | ($32,734.99) |
| Change in cash | $442,384.36 |
| Cash at April 30 | $520,618.85 |
Notes
April 2026
How the month went
April brought in $545,289.77 of net sales and kept $144,193.16 of it, a 26.4% real margin. Gross margin landed at 49.1%.
Year to date Liam is at $545,299.01 of net sales and ($78,046.62) of net profit, a -14.3% margin on 49.1% gross.
Sales match the Sweed register to the penny, and so does cost of goods. Inventory ties to the Sweed turnover report as well, so revenue, product cost, sales tax and what is on the shelf all agree with the POS.
Still open
| Inventory | 13250 lands at $713,494.69 and matches the Sweed inventory turnover report to the penny. The — in 13260 is product invoiced in September that had not hit the shelf yet, and it reverses in October. |
| Chase card | Showing ($32,734.99). Only the payments are on the books so far. The charges behind them still need to come off the statements. |
| Loans | BPMD at $100,000.00 and SUP at $100,000.00 have not moved all year and no interest has posted. Need the terms on both. |
| PNC loan | Payments are going out but the loan itself is not on the books, which is why it shows —. Need the loan details. |
At your service,
Juan Rodriguez
Fractional CFO & Controller, JAServices Financial
QuickBooks Online International Certified
Profit & Loss
May 2026
Cash in the bank · May
$612,664.49
+$92,045.64 vs Apr
Net sales
$829,756.54
+$284,466.77 vs Apr
Gross profit
$376,219.96
45.3% gross margin
Operating income
$190,644.21
23.0% operating margin
Net profit
$190,644.21
23.0% margin
Performance
Sales, product cost and net profit
May 2026
Operating expense breakdown
Revenue and profit
Month by month through May
Key observations
- Net sales of $829,756.54, up 52% from Apr.
- Gross profit of $376,219.96, a 45.3% gross margin.
- Net profit of $190,644.21, a 23.0% real margin after every expense.
- Operating costs of $185,575.75, with payroll & employee at $78,570.52 carrying most of it.
- Sales tie to Sweed. $1,084,741.00 rang up, $254,984.46 of that is sales tax collected, leaving $829,756.54 of net sales.
- Year to date the business stands at $112,597.59 net on $1,375,055.55 of net sales.
Statement
| Category | APR | MAY | Change |
| Gross sales | $714,516.00 | $1,084,741.00 | +$370,225.00 |
| Sales tax collected | ($169,226.23) | ($254,984.46) | ($85,758.23) |
| Net sales | $545,289.77 | $829,756.54 | +$284,466.77 |
| Product cost | ($277,396.81) | ($453,536.58) | ($176,139.77) |
| Gross profit | $267,892.96 | $376,219.96 | +$108,327.00 |
| Advertising | $5,000.17 | $3,200.00 | ($1,800.17) |
| Payroll & Employee | $66,087.29 | $78,570.52 | +$12,483.23 |
| Facility | $45,875.79 | $66,747.68 | +$20,871.89 |
| Fleet | $550.00 | $244.43 | ($305.57) |
| Administrative | $6,186.55 | $36,813.12 | +$30,626.57 |
| Total operating exp. | $123,699.80 | $185,575.75 | +$61,875.95 |
| Operating income | $144,193.16 | $190,644.21 | +$46,451.05 |
| Other income, net | — | — | +$0.00 |
| Net profit | $144,193.16 | $190,644.21 | +$46,451.05 |
Year to Date
January through May 2026
Cash in the bank
$612,664.49
+$513,350.83 since 1-1-2026
Net sales
$1,375,055.55
after sales tax
Gross profit
$644,116.21
46.8% gross margin
Operating expenses
$531,518.62
January through May
Net profit
$112,597.59
8.2% margin
Revenue and profit
Month by month through May
Year to date
Operating expense breakdown
Month by month
Margins and profit
| Month | Net sales | GP % | Net profit | Net % |
| January | — | 0.0% | ($67,864.01) | 0.0% |
| February | — | 0.0% | ($85,014.21) | 0.0% |
| March | $9.24 | 35.6% | ($69,361.56) | -750666.2% |
| April | $545,289.77 | 49.1% | $144,193.16 | 26.4% |
| May | $829,756.54 | 45.3% | $190,644.21 | 23.0% |
| Year to date | $1,375,055.55 | 46.8% | $112,597.59 | 8.2% |
Full Profit & Loss
May and year to date
| Account | May | Year to date |
| Income | ||
| 40000 Income | ||
| 40002 Services - Cash Sales | $374,407.00 | $610,836.00 |
| 40003 Services - DNS Debit Settlements | $472,910.75 | $792,705.25 |
| 40009 Cumulative - Sweed Timing Adjustment | $237,423.25 | $395,725.75 |
| Total for 40000 Income | $1,084,741.00 | $1,799,267.00 |
| 41000 Less - Sales Tax Collected | ($254,984.46) | ($424,211.45) |
| Total for Income | $829,756.54 | $1,375,055.55 |
| Cost of Goods Sold | ||
| 50000 Cost of Goods Sold (Sales) | ||
| 50150 Cost of Sales - Supplies & Materials | $453,536.58 | $730,939.34 |
| Total for 50000 Cost of Goods Sold (Sales) | $453,536.58 | $730,939.34 |
| Total for Cost of Goods Sold | $453,536.58 | $730,939.34 |
| Gross Profit | $376,219.96 | $644,116.21 |
| Expenses | ||
| 60000 Advertising | ||
| 60250 Advertising - Events & Sponsorships | ||
| 60400 Advertising - Billboard | $2,200.00 | $5,200.00 |
| 60450 Advertising - Print--Media-Videography-Photography | ||
| 60500 Advertising - Telemarketing | ||
| 60550 Advertising - Marketing Team Meals | $1,000.00 | $2,516.60 |
| Total for 60000 Advertising | $3,200.00 | $9,101.60 |
| 65000 Employee Related-Compensation | ||
| 65100 Employee Payroll | ||
| 65101 Salaries & Wages | $66,321.91 | $120,543.30 |
| 65102 Overtime - OT | $518.43 | $4,335.46 |
| 65104 Vacation/Holiday/Sick--Severance/Emergency Leave | $29.76 | $29.76 |
| 65106 Bonuses | ||
| Total for 65100 Employee Payroll | $66,870.10 | $125,908.52 |
| 65200 Fringe | ||
| 65201 Group Health Insurance | ||
| 65202 Workers' Comp Insurance | $2,032.87 | $2,056.20 |
| 65204 Payroll Tax - FICA/FUTA & SUTA | $7,940.72 | $14,966.26 |
| 65205 Payroll Administrative Related Fees | $906.83 | $906.83 |
| Total for 65200 Fringe | $10,880.42 | $17,929.29 |
| 65400 Other | ||
| 65401 Uniforms/Logo Shirts | ||
| 65405 Employee Reimbursements | $820.00 | $820.00 |
| Total for 65400 Other | $820.00 | $820.00 |
| Total for 65000 Employee Related-Compensation | $78,570.52 | $144,657.81 |
| 70000 Facility | ||
| 70025 Rent & Lease | $40,000.00 | $200,000.00 |
| 70050 Building Maintenance & Repairs | $4,000.00 | $61,962.82 |
| 70100 Utilities--Water, Gas, Electric | ||
| 70150 Telephone Landlines, Internet, & TV Subscriptions | $265.35 | $1,326.75 |
| 70300 Security | $22,482.33 | $22,482.33 |
| 70350 Shop Supplies | ||
| Total for 70000 Facility | $66,747.68 | $306,111.77 |
| 75000 Fleet | ||
| 75050 Vehicle Repairs & Maintenance | ||
| 75100 Vehicle Cleaning/Parking/Tolls | ||
| 75200 Fuel | $184.51 | $184.51 |
| 75450 Vehicle Charging Subscription | $59.92 | $59.92 |
| Total for 75000 Fleet | $244.43 | $982.47 |
| 80000 Administrative | ||
| 81100 Business Operations | ||
| 81110 Office Supplies/Forms/Contracts | $67.07 | $5,184.94 |
| 81120 Computer Supplies | ||
| 81140 Software Licensing | $1,500.00 | $25,980.00 |
| 81150 Dues & Non-software Subscriptions | $12.99 | $12.99 |
| 81160 Permits & Licenses-Business Registration | $7,625.00 | $7,829.50 |
| 81170 Shipping/Postage | $57.69 | $354.84 |
| 81190 Charitable Contributions-Gifts | $5,000.00 | $5,000.00 |
| 81220 Bank & Credit Card Fees--Incidental/Wire Bank Fees | $100.00 | $502.00 |
| 81270 Transportation Services | $802.37 | $966.07 |
| Total for 81100 Business Operations | $15,165.12 | $48,692.46 |
| 82000 Professional Services | ||
| 82100 Finance & Accounting | ||
| 82110 Legal | ||
| 82140 IT Services & Technology | $21,648.00 | $21,648.00 |
| 82150 1099 Contractors | ||
| 82170 Executive Services | ||
| Total for 82000 Professional Services | $21,648.00 | $21,648.00 |
| 83000 Travel & Entertainment | ||
| 83100 Travel | ||
| 83130 Ground Transportation | ||
| 83134 Parking & Tolls | ||
| 83200 Meals | ||
| 83220 Office Meals & Team Dinners | ||
| Total for 83200 Meals | — | $324.51 |
| Total for 83000 Travel & Entertainment | — | $324.51 |
| Total for 80000 Administrative | $36,813.12 | $70,664.97 |
| Total for Expenses | $185,575.75 | $531,518.62 |
| Net Operating Income | $190,644.21 | $112,597.59 |
| Other Income | ||
| 91000 Other Income | ||
| 91450 Services - Vendor Payment Income | ||
| Net Income | $190,644.21 | $112,597.59 |
| Accrual Basis Wednesday, October 07, 2026 08:24 AM GMT-04:00 |
Balance Sheet
As of May 30, 2026
Total assets
$1,848,845.81
Balanced to the penny
Cash
$612,664.49
operating account
Inventory
$840,455.57
on the shelf
Vendor bills
$1,603,915.86
accounts payable
Equity
($128,088.75)
owners' stake
Assets
| 10001 | GLACIER DISP OP ACCT-9152 | $612,664.49 |
| 13250 | Inventory Asset | $840,455.57 |
| 13260 | Inventory in Transit | — |
| 15500 | Cumulative - Sweed Sales in Transit | $395,725.75 |
| 17041 | Vehicle 1 (Bentley) | — |
| Total assets | $1,848,845.81 |
Liabilities and equity
| 20000 | Accounts Payable (A/P) | $1,603,915.86 |
| 20501 | Chase Credit Card | ($83,572.62) |
| 22501 | Sales Taxes Payable | $255,387.45 |
| 22630 | IL Unemployment Tax Payable | — |
| 22640 | IL Withholding Tax Payable | — |
| 22660 | Payroll Payables - Child Support | — |
| 22700 | Payroll Benefits - Medical/Dental/Vision | $1,203.87 |
| 23101 | BPMD Loan Payable | $100,000.00 |
| 23102 | SUP Development - Start Up Loan | $100,000.00 |
| 25101 | PNC Loan | — |
| Total liabilities | $1,976,934.56 | |
| Retained | Retained Earnings | ($240,686.34) |
| Net income, year to date | $112,597.59 | |
| Total equity | ($128,088.75) | |
| Total liabilities and equity | $1,848,845.81 |
Cash Flow
May 2026
Change in cash
$92,045.64
April to May
Opening cash
$520,618.85
April
Net profit
$190,644.21
accrual basis
Working capital
($48,278.66)
inventory, bills, tax
Closing cash
$612,664.49
May 30
Where the cash went
May 2026
| Cash at April | $520,618.85 |
| Net profit for the month | $190,644.21 |
| Inventory | ($126,960.88) |
| Sweed sales not yet deposited | ($237,423.25) |
| Vendor bills | $229,945.01 |
| Sales tax payable | $86,160.46 |
| Payroll liabilities | $517.72 |
| Credit card | ($50,837.63) |
| Change in cash | $92,045.64 |
| Cash at May 30 | $612,664.49 |
Notes
May 2026
How the month went
May brought in $829,756.54 of net sales and kept $190,644.21 of it, a 23.0% real margin. Gross margin landed at 45.3%.
Year to date Liam is at $1,375,055.55 of net sales and $112,597.59 of net profit, a 8.2% margin on 46.8% gross.
Sales match the Sweed register to the penny, and so does cost of goods. Inventory ties to the Sweed turnover report as well, so revenue, product cost, sales tax and what is on the shelf all agree with the POS.
Still open
| Inventory | 13250 lands at $840,455.57 and matches the Sweed inventory turnover report to the penny. The — in 13260 is product invoiced in September that had not hit the shelf yet, and it reverses in October. |
| Chase card | Showing ($83,572.62). Only the payments are on the books so far. The charges behind them still need to come off the statements. |
| Loans | BPMD at $100,000.00 and SUP at $100,000.00 have not moved all year and no interest has posted. Need the terms on both. |
| PNC loan | Payments are going out but the loan itself is not on the books, which is why it shows —. Need the loan details. |
At your service,
Juan Rodriguez
Fractional CFO & Controller, JAServices Financial
QuickBooks Online International Certified
Profit & Loss
June 2026
Cash in the bank · June
$976,662.81
+$363,998.32 vs May
Net sales
$874,657.13
+$44,900.59 vs May
Gross profit
$402,932.83
46.1% gross margin
Operating income
$237,707.24
27.2% operating margin
Net profit
$237,707.24
27.2% margin
Performance
Sales, product cost and net profit
June 2026
Operating expense breakdown
Revenue and profit
Month by month through June
Key observations
- Net sales of $874,657.13, up 5% from May.
- Gross profit of $402,932.83, a 46.1% gross margin.
- Net profit of $237,707.24, a 27.2% real margin after every expense.
- Operating costs of $165,225.59, with payroll & employee at $78,572.24 carrying most of it.
- Sales tie to Sweed. $1,140,521.00 rang up, $265,863.87 of that is sales tax collected, leaving $874,657.13 of net sales.
- Year to date the business stands at $350,304.83 net on $2,249,712.68 of net sales.
Statement
| Category | MAY | JUN | Change |
| Gross sales | $1,084,741.00 | $1,140,521.00 | +$55,780.00 |
| Sales tax collected | ($254,984.46) | ($265,863.87) | ($10,879.41) |
| Net sales | $829,756.54 | $874,657.13 | +$44,900.59 |
| Product cost | ($453,536.58) | ($471,724.30) | ($18,187.72) |
| Gross profit | $376,219.96 | $402,932.83 | +$26,712.87 |
| Advertising | $3,200.00 | $10,545.00 | +$7,345.00 |
| Payroll & Employee | $78,570.52 | $78,572.24 | +$1.72 |
| Facility | $66,747.68 | $57,052.38 | ($9,695.30) |
| Fleet | $244.43 | $548.63 | +$304.20 |
| Administrative | $36,813.12 | $18,507.34 | ($18,305.78) |
| Total operating exp. | $185,575.75 | $165,225.59 | ($20,350.16) |
| Operating income | $190,644.21 | $237,707.24 | +$47,063.03 |
| Other income, net | — | — | +$0.00 |
| Net profit | $190,644.21 | $237,707.24 | +$47,063.03 |
Year to Date
January through June 2026
Cash in the bank
$976,662.81
+$877,349.15 since 1-1-2026
Net sales
$2,249,712.68
after sales tax
Gross profit
$1,047,049.04
46.5% gross margin
Operating expenses
$696,744.21
January through June
Net profit
$350,304.83
15.6% margin
Revenue and profit
Month by month through June
Year to date
Operating expense breakdown
Month by month
Margins and profit
| Month | Net sales | GP % | Net profit | Net % |
| January | — | 0.0% | ($67,864.01) | 0.0% |
| February | — | 0.0% | ($85,014.21) | 0.0% |
| March | $9.24 | 35.6% | ($69,361.56) | -750666.2% |
| April | $545,289.77 | 49.1% | $144,193.16 | 26.4% |
| May | $829,756.54 | 45.3% | $190,644.21 | 23.0% |
| June | $874,657.13 | 46.1% | $237,707.24 | 27.2% |
| Year to date | $2,249,712.68 | 46.5% | $350,304.83 | 15.6% |
Full Profit & Loss
June and year to date
| Account | June | Year to date |
| Income | ||
| 40000 Income | ||
| 40002 Services - Cash Sales | $684,329.06 | $1,295,165.06 |
| 40003 Services - DNS Debit Settlements | $615,043.25 | $1,407,748.50 |
| 40009 Cumulative - Sweed Timing Adjustment | ($158,851.31) | $236,874.44 |
| Total for 40000 Income | $1,140,521.00 | $2,939,788.00 |
| 41000 Less - Sales Tax Collected | ($265,863.87) | ($690,075.32) |
| Total for Income | $874,657.13 | $2,249,712.68 |
| Cost of Goods Sold | ||
| 50000 Cost of Goods Sold (Sales) | ||
| 50150 Cost of Sales - Supplies & Materials | $471,724.30 | $1,202,663.64 |
| Total for 50000 Cost of Goods Sold (Sales) | $471,724.30 | $1,202,663.64 |
| Total for Cost of Goods Sold | $471,724.30 | $1,202,663.64 |
| Gross Profit | $402,932.83 | $1,047,049.04 |
| Expenses | ||
| 60000 Advertising | ||
| 60250 Advertising - Events & Sponsorships | ||
| 60400 Advertising - Billboard | $10,545.00 | $15,745.00 |
| 60450 Advertising - Print--Media-Videography-Photography | ||
| 60500 Advertising - Telemarketing | ||
| 60550 Advertising - Marketing Team Meals | ||
| Total for 60000 Advertising | $10,545.00 | $19,646.60 |
| 65000 Employee Related-Compensation | ||
| 65100 Employee Payroll | ||
| 65101 Salaries & Wages | $66,838.45 | $187,381.75 |
| 65102 Overtime - OT | $622.20 | $4,957.66 |
| 65104 Vacation/Holiday/Sick--Severance/Emergency Leave | $313.36 | $343.12 |
| 65106 Bonuses | ||
| Total for 65100 Employee Payroll | $67,774.01 | $193,682.53 |
| 65200 Fringe | ||
| 65201 Group Health Insurance | $395.00 | $395.00 |
| 65202 Workers' Comp Insurance | ||
| 65204 Payroll Tax - FICA/FUTA & SUTA | $7,983.55 | $22,949.81 |
| 65205 Payroll Administrative Related Fees | $983.68 | $1,890.51 |
| Total for 65200 Fringe | $9,362.23 | $27,291.52 |
| 65400 Other | ||
| 65401 Uniforms/Logo Shirts | ||
| 65405 Employee Reimbursements | $1,436.00 | $2,256.00 |
| Total for 65400 Other | $1,436.00 | $2,256.00 |
| Total for 65000 Employee Related-Compensation | $78,572.24 | $223,230.05 |
| 70000 Facility | ||
| 70025 Rent & Lease | $40,000.00 | $240,000.00 |
| 70050 Building Maintenance & Repairs | $1,710.00 | $63,672.82 |
| 70100 Utilities--Water, Gas, Electric | $410.00 | $410.00 |
| 70150 Telephone Landlines, Internet, & TV Subscriptions | $265.35 | $1,592.10 |
| 70300 Security | $14,667.03 | $37,149.36 |
| 70350 Shop Supplies | ||
| Total for 70000 Facility | $57,052.38 | $363,164.15 |
| 75000 Fleet | ||
| 75050 Vehicle Repairs & Maintenance | ||
| 75100 Vehicle Cleaning/Parking/Tolls | ||
| 75200 Fuel | ||
| 75450 Vehicle Charging Subscription | $548.63 | $608.55 |
| Total for 75000 Fleet | $548.63 | $1,531.10 |
| 80000 Administrative | ||
| 81100 Business Operations | ||
| 81110 Office Supplies/Forms/Contracts | $1,198.60 | $6,383.54 |
| 81120 Computer Supplies | ||
| 81140 Software Licensing | $1,820.00 | $27,800.00 |
| 81150 Dues & Non-software Subscriptions | $12.99 | $25.98 |
| 81160 Permits & Licenses-Business Registration | $6,022.50 | $13,852.00 |
| 81170 Shipping/Postage | $37.90 | $392.74 |
| 81190 Charitable Contributions-Gifts | ||
| 81220 Bank & Credit Card Fees--Incidental/Wire Bank Fees | $120.00 | $622.00 |
| 81270 Transportation Services | $868.99 | $1,835.06 |
| Total for 81100 Business Operations | $10,080.98 | $58,773.44 |
| 82000 Professional Services | ||
| 82100 Finance & Accounting | ||
| 82110 Legal | $8,296.60 | $8,296.60 |
| 82140 IT Services & Technology | ||
| 82150 1099 Contractors | ||
| 82170 Executive Services | ||
| Total for 82000 Professional Services | $8,296.60 | $29,944.60 |
| 83000 Travel & Entertainment | ||
| 83100 Travel | ||
| 83130 Ground Transportation | ||
| 83134 Parking & Tolls | ||
| 83200 Meals | ||
| 83220 Office Meals & Team Dinners | $129.76 | $454.27 |
| Total for 83200 Meals | $129.76 | $454.27 |
| Total for 83000 Travel & Entertainment | $129.76 | $454.27 |
| Total for 80000 Administrative | $18,507.34 | $89,172.31 |
| Total for Expenses | $165,225.59 | $696,744.21 |
| Net Operating Income | $237,707.24 | $350,304.83 |
| Other Income | ||
| 91000 Other Income | ||
| 91450 Services - Vendor Payment Income | ||
| Net Income | $237,707.24 | $350,304.83 |
| Accrual Basis Wednesday, October 07, 2026 08:24 AM GMT-04:00 |
Balance Sheet
As of June 30, 2026
Total assets
$2,427,889.10
Balanced to the penny
Cash
$976,662.81
operating account
Inventory
$1,071,976.85
on the shelf
Vendor bills
$1,938,263.18
accounts payable
Equity
$109,618.49
owners' stake
Assets
| 10001 | GLACIER DISP OP ACCT-9152 | $976,662.81 |
| 13250 | Inventory Asset | $1,071,976.85 |
| 13260 | Inventory in Transit | — |
| 15500 | Cumulative - Sweed Sales in Transit | $236,874.44 |
| 17041 | Vehicle 1 (Bentley) | $142,375.00 |
| Total assets | $2,427,889.10 |
Liabilities and equity
| 20000 | Accounts Payable (A/P) | $1,938,263.18 |
| 20501 | Chase Credit Card | ($87,138.76) |
| 22501 | Sales Taxes Payable | $265,942.32 |
| 22630 | IL Unemployment Tax Payable | — |
| 22640 | IL Withholding Tax Payable | — |
| 22660 | Payroll Payables - Child Support | — |
| 22700 | Payroll Benefits - Medical/Dental/Vision | $1,203.87 |
| 23101 | BPMD Loan Payable | $100,000.00 |
| 23102 | SUP Development - Start Up Loan | $100,000.00 |
| 25101 | PNC Loan | — |
| Total liabilities | $2,318,270.61 | |
| Retained | Retained Earnings | ($240,686.34) |
| Net income, year to date | $350,304.83 | |
| Total equity | $109,618.49 | |
| Total liabilities and equity | $2,427,889.10 |
Cash Flow
June 2026
Change in cash
$363,998.32
May to June
Opening cash
$612,664.49
May
Net profit
$237,707.24
accrual basis
Working capital
$272,232.22
inventory, bills, tax
Closing cash
$976,662.81
June 30
Where the cash went
June 2026
| Cash at May | $612,664.49 |
| Net profit for the month | $237,707.24 |
| Inventory | ($231,521.28) |
| Sweed sales not yet deposited | $158,851.31 |
| Vendor bills | $334,347.32 |
| Sales tax payable | $10,554.87 |
| Credit card | ($3,566.14) |
| Vehicle | ($142,375.00) |
| Change in cash | $363,998.32 |
| Cash at June 30 | $976,662.81 |
Notes
June 2026
How the month went
June brought in $874,657.13 of net sales and kept $237,707.24 of it, a 27.2% real margin. Gross margin landed at 46.1%.
Year to date Liam is at $2,249,712.68 of net sales and $350,304.83 of net profit, a 15.6% margin on 46.5% gross.
Sales match the Sweed register to the penny, and so does cost of goods. Inventory ties to the Sweed turnover report as well, so revenue, product cost, sales tax and what is on the shelf all agree with the POS.
Still open
| Inventory | 13250 lands at $1,071,976.85 and matches the Sweed inventory turnover report to the penny. The — in 13260 is product invoiced in September that had not hit the shelf yet, and it reverses in October. |
| Chase card | Showing ($87,138.76). Only the payments are on the books so far. The charges behind them still need to come off the statements. |
| Loans | BPMD at $100,000.00 and SUP at $100,000.00 have not moved all year and no interest has posted. Need the terms on both. |
| PNC loan | Payments are going out but the loan itself is not on the books, which is why it shows —. Need the loan details. |
At your service,
Juan Rodriguez
Fractional CFO & Controller, JAServices Financial
QuickBooks Online International Certified
Profit & Loss
July 2026
Cash in the bank · July
$847,536.39
($129,126.42) vs Jun
Net sales
$1,081,389.38
+$206,732.25 vs Jun
Gross profit
$491,473.59
45.4% gross margin
Operating income
$240,528.95
22.2% operating margin
Net profit
$240,528.95
22.2% margin
Performance
Sales, product cost and net profit
July 2026
Operating expense breakdown
Revenue and profit
Month by month through July
Key observations
- Net sales of $1,081,389.38, up 24% from Jun.
- Gross profit of $491,473.59, a 45.4% gross margin.
- Net profit of $240,528.95, a 22.2% real margin after every expense.
- Operating costs of $250,944.64, with payroll & employee at $137,418.30 carrying most of it.
- Sales tie to Sweed. $1,412,974.00 rang up, $331,584.62 of that is sales tax collected, leaving $1,081,389.38 of net sales.
- Year to date the business stands at $590,833.78 net on $3,331,102.06 of net sales.
Statement
| Category | JUN | JUL | Change |
| Gross sales | $1,140,521.00 | $1,412,974.00 | +$272,453.00 |
| Sales tax collected | ($265,863.87) | ($331,584.62) | ($65,720.75) |
| Net sales | $874,657.13 | $1,081,389.38 | +$206,732.25 |
| Product cost | ($471,724.30) | ($589,915.79) | ($118,191.49) |
| Gross profit | $402,932.83 | $491,473.59 | +$88,540.76 |
| Advertising | $10,545.00 | $4,303.00 | ($6,242.00) |
| Payroll & Employee | $78,572.24 | $137,418.30 | +$58,846.06 |
| Facility | $57,052.38 | $55,532.53 | ($1,519.85) |
| Fleet | $548.63 | $480.44 | ($68.19) |
| Administrative | $18,507.34 | $53,210.37 | +$34,703.03 |
| Total operating exp. | $165,225.59 | $250,944.64 | +$85,719.05 |
| Operating income | $237,707.24 | $240,528.95 | +$2,821.71 |
| Other income, net | — | — | +$0.00 |
| Net profit | $237,707.24 | $240,528.95 | +$2,821.71 |
Year to Date
January through July 2026
Cash in the bank
$847,536.39
+$748,222.73 since 1-1-2026
Net sales
$3,331,102.06
after sales tax
Gross profit
$1,538,522.63
46.2% gross margin
Operating expenses
$947,688.85
January through July
Net profit
$590,833.78
17.7% margin
Revenue and profit
Month by month through July
Year to date
Operating expense breakdown
Month by month
Margins and profit
| Month | Net sales | GP % | Net profit | Net % |
| January | — | 0.0% | ($67,864.01) | 0.0% |
| February | — | 0.0% | ($85,014.21) | 0.0% |
| March | $9.24 | 35.6% | ($69,361.56) | -750666.2% |
| April | $545,289.77 | 49.1% | $144,193.16 | 26.4% |
| May | $829,756.54 | 45.3% | $190,644.21 | 23.0% |
| June | $874,657.13 | 46.1% | $237,707.24 | 27.2% |
| July | $1,081,389.38 | 45.4% | $240,528.95 | 22.2% |
| Year to date | $3,331,102.06 | 46.2% | $590,833.78 | 17.7% |
Full Profit & Loss
July and year to date
| Account | July | Year to date |
| Income | ||
| 40000 Income | ||
| 40002 Services - Cash Sales | $591,660.20 | $1,886,825.26 |
| 40003 Services - DNS Debit Settlements | $665,868.50 | $2,073,617.00 |
| 40009 Cumulative - Sweed Timing Adjustment | $155,445.30 | $392,319.74 |
| Total for 40000 Income | $1,412,974.00 | $4,352,762.00 |
| 41000 Less - Sales Tax Collected | ($331,584.62) | ($1,021,659.94) |
| Total for Income | $1,081,389.38 | $3,331,102.06 |
| Cost of Goods Sold | ||
| 50000 Cost of Goods Sold (Sales) | ||
| 50150 Cost of Sales - Supplies & Materials | $589,915.79 | $1,792,579.43 |
| Total for 50000 Cost of Goods Sold (Sales) | $589,915.79 | $1,792,579.43 |
| Total for Cost of Goods Sold | $589,915.79 | $1,792,579.43 |
| Gross Profit | $491,473.59 | $1,538,522.63 |
| Expenses | ||
| 60000 Advertising | ||
| 60250 Advertising - Events & Sponsorships | ||
| 60400 Advertising - Billboard | $3,900.00 | $19,645.00 |
| 60450 Advertising - Print--Media-Videography-Photography | ||
| 60500 Advertising - Telemarketing | $395.00 | $395.00 |
| 60550 Advertising - Marketing Team Meals | $8.00 | $2,524.60 |
| Total for 60000 Advertising | $4,303.00 | $23,949.60 |
| 65000 Employee Related-Compensation | ||
| 65100 Employee Payroll | ||
| 65101 Salaries & Wages | $113,515.76 | $300,897.51 |
| 65102 Overtime - OT | $4,967.12 | $9,924.78 |
| 65104 Vacation/Holiday/Sick--Severance/Emergency Leave | $1,561.14 | $1,904.26 |
| 65106 Bonuses | ||
| Total for 65100 Employee Payroll | $120,044.02 | $313,726.55 |
| 65200 Fringe | ||
| 65201 Group Health Insurance | $738.10 | $1,133.10 |
| 65202 Workers' Comp Insurance | $1,092.47 | $3,148.67 |
| 65204 Payroll Tax - FICA/FUTA & SUTA | $13,696.65 | $36,646.46 |
| 65205 Payroll Administrative Related Fees | $1,469.06 | $3,359.57 |
| Total for 65200 Fringe | $16,996.28 | $44,287.80 |
| 65400 Other | ||
| 65401 Uniforms/Logo Shirts | ||
| 65405 Employee Reimbursements | $378.00 | $2,634.00 |
| Total for 65400 Other | $378.00 | $2,634.00 |
| Total for 65000 Employee Related-Compensation | $137,418.30 | $360,648.35 |
| 70000 Facility | ||
| 70025 Rent & Lease | $40,000.00 | $280,000.00 |
| 70050 Building Maintenance & Repairs | ||
| 70100 Utilities--Water, Gas, Electric | $195.00 | $605.00 |
| 70150 Telephone Landlines, Internet, & TV Subscriptions | $265.35 | $1,857.45 |
| 70300 Security | $15,072.18 | $52,221.54 |
| 70350 Shop Supplies | ||
| Total for 70000 Facility | $55,532.53 | $418,696.68 |
| 75000 Fleet | ||
| 75050 Vehicle Repairs & Maintenance | ||
| 75100 Vehicle Cleaning/Parking/Tolls | ||
| 75200 Fuel | ||
| 75450 Vehicle Charging Subscription | $480.44 | $1,088.99 |
| Total for 75000 Fleet | $480.44 | $2,011.54 |
| 80000 Administrative | ||
| 81100 Business Operations | ||
| 81110 Office Supplies/Forms/Contracts | $123.86 | $6,507.40 |
| 81120 Computer Supplies | ||
| 81140 Software Licensing | $1,523.84 | $29,323.84 |
| 81150 Dues & Non-software Subscriptions | $12.99 | $38.97 |
| 81160 Permits & Licenses-Business Registration | $5,000.00 | $18,852.00 |
| 81170 Shipping/Postage | ||
| 81190 Charitable Contributions-Gifts | $5,500.00 | $10,500.00 |
| 81220 Bank & Credit Card Fees--Incidental/Wire Bank Fees | $100.00 | $722.00 |
| 81270 Transportation Services | $921.68 | $2,756.74 |
| Total for 81100 Business Operations | $13,182.37 | $71,955.81 |
| 82000 Professional Services | ||
| 82100 Finance & Accounting | ||
| 82110 Legal | ||
| 82140 IT Services & Technology | ||
| 82150 1099 Contractors | ||
| 82170 Executive Services | $40,000.00 | $40,000.00 |
| Total for 82000 Professional Services | $40,000.00 | $69,944.60 |
| 83000 Travel & Entertainment | ||
| 83100 Travel | ||
| 83130 Ground Transportation | ||
| 83134 Parking & Tolls | $28.00 | $28.00 |
| Total for 83130 Ground Transportation | $28.00 | $28.00 |
| Total for 83100 Travel | $28.00 | $28.00 |
| 83200 Meals | ||
| 83220 Office Meals & Team Dinners | ||
| Total for 83200 Meals | — | $454.27 |
| Total for 83000 Travel & Entertainment | $28.00 | $482.27 |
| Total for 80000 Administrative | $53,210.37 | $142,382.68 |
| Total for Expenses | $250,944.64 | $947,688.85 |
| Net Operating Income | $240,528.95 | $590,833.78 |
| Other Income | ||
| 91000 Other Income | ||
| 91450 Services - Vendor Payment Income | ||
| Net Income | $240,528.95 | $590,833.78 |
| Accrual Basis Wednesday, October 07, 2026 08:24 AM GMT-04:00 |
Balance Sheet
As of July 30, 2026
Total assets
$2,550,401.21
Balanced to the penny
Cash
$847,536.39
operating account
Inventory
$1,168,170.08
on the shelf
Vendor bills
$1,759,199.81
accounts payable
Equity
$350,147.44
owners' stake
Assets
| 10001 | GLACIER DISP OP ACCT-9152 | $847,536.39 |
| 13250 | Inventory Asset | $1,168,170.08 |
| 13260 | Inventory in Transit | — |
| 15500 | Cumulative - Sweed Sales in Transit | $392,319.74 |
| 17041 | Vehicle 1 (Bentley) | $142,375.00 |
| Total assets | $2,550,401.21 |
Liabilities and equity
| 20000 | Accounts Payable (A/P) | $1,759,199.81 |
| 20501 | Chase Credit Card | ($87,138.76) |
| 22501 | Sales Taxes Payable | $331,195.94 |
| 22630 | IL Unemployment Tax Payable | — |
| 22640 | IL Withholding Tax Payable | — |
| 22660 | Payroll Payables - Child Support | $256.42 |
| 22700 | Payroll Benefits - Medical/Dental/Vision | $2,628.74 |
| 23101 | BPMD Loan Payable | $100,000.00 |
| 23102 | SUP Development - Start Up Loan | $100,000.00 |
| 25101 | PNC Loan | ($6,943.38) |
| Total liabilities | $2,199,198.77 | |
| Retained | Retained Earnings | ($240,686.34) |
| Net income, year to date | $590,833.78 | |
| Total equity | $350,147.44 | |
| Total liabilities and equity | $2,549,346.21 |
Cash Flow
July 2026
Change in cash
($129,126.42)
June to July
Opening cash
$976,662.81
June
Net profit
$240,528.95
accrual basis
Working capital
($365,448.28)
inventory, bills, tax
Closing cash
$847,536.39
July 30
Where the cash went
July 2026
| Cash at June | $976,662.81 |
| Net profit for the month | $240,528.95 |
| Inventory | ($96,193.23) |
| Sweed sales not yet deposited | ($155,445.30) |
| Vendor bills | ($179,063.37) |
| Sales tax payable | $65,253.62 |
| Loans | ($6,943.38) |
| Payroll liabilities | $1,681.29 |
| Everything else | $1,055.00 |
| Change in cash | ($129,126.42) |
| Cash at July 30 | $847,536.39 |
Notes
July 2026
How the month went
July brought in $1,081,389.38 of net sales and kept $240,528.95 of it, a 22.2% real margin. Gross margin landed at 45.4%.
Year to date Liam is at $3,331,102.06 of net sales and $590,833.78 of net profit, a 17.7% margin on 46.2% gross.
Sales match the Sweed register to the penny, and so does cost of goods. Inventory ties to the Sweed turnover report as well, so revenue, product cost, sales tax and what is on the shelf all agree with the POS.
Still open
| Inventory | 13250 lands at $1,168,170.08 and matches the Sweed inventory turnover report to the penny. The — in 13260 is product invoiced in September that had not hit the shelf yet, and it reverses in October. |
| Chase card | Showing ($87,138.76). Only the payments are on the books so far. The charges behind them still need to come off the statements. |
| Loans | BPMD at $100,000.00 and SUP at $100,000.00 have not moved all year and no interest has posted. Need the terms on both. |
| PNC loan | Payments are going out but the loan itself is not on the books, which is why it shows ($6,943.38). Need the loan details. |
At your service,
Juan Rodriguez
Fractional CFO & Controller, JAServices Financial
QuickBooks Online International Certified
Profit & Loss
August 2026
Cash in the bank · August
$1,129,160.60
+$281,624.21 vs Jul
Net sales
$1,117,610.63
+$36,221.25 vs Jul
Gross profit
$515,212.67
46.1% gross margin
Operating income
$322,098.89
28.8% operating margin
Net profit
$332,372.89
29.7% margin
Performance
Sales, product cost and net profit
August 2026
Operating expense breakdown
Revenue and profit
Month by month through August
Key observations
- Net sales of $1,117,610.63, up 3% from Jul.
- Gross profit of $515,212.67, a 46.1% gross margin.
- Net profit of $332,372.89, a 29.7% real margin after every expense.
- Operating costs of $193,113.78, with payroll & employee at $88,556.24 carrying most of it.
- Sales tie to Sweed. $1,460,379.00 rang up, $342,768.37 of that is sales tax collected, leaving $1,117,610.63 of net sales.
- Year to date the business stands at $923,206.67 net on $4,448,712.69 of net sales.
Statement
| Category | JUL | AUG | Change |
| Gross sales | $1,412,974.00 | $1,460,379.00 | +$47,405.00 |
| Sales tax collected | ($331,584.62) | ($342,768.37) | ($11,183.75) |
| Net sales | $1,081,389.38 | $1,117,610.63 | +$36,221.25 |
| Product cost | ($589,915.79) | ($602,397.96) | ($12,482.17) |
| Gross profit | $491,473.59 | $515,212.67 | +$23,739.08 |
| Advertising | $4,303.00 | $23,705.99 | +$19,402.99 |
| Payroll & Employee | $137,418.30 | $88,556.24 | ($48,862.06) |
| Facility | $55,532.53 | $55,305.70 | ($226.83) |
| Fleet | $480.44 | $587.79 | +$107.35 |
| Administrative | $53,210.37 | $24,958.06 | ($28,252.31) |
| Total operating exp. | $250,944.64 | $193,113.78 | ($57,830.86) |
| Operating income | $240,528.95 | $322,098.89 | +$81,569.94 |
| Other income, net | — | $10,274.00 | +$10,274.00 |
| Net profit | $240,528.95 | $332,372.89 | +$91,843.94 |
Year to Date
January through August 2026
Cash in the bank
$1,129,160.60
+$1,029,846.94 since 1-1-2026
Net sales
$4,448,712.69
after sales tax
Gross profit
$2,053,735.30
46.2% gross margin
Operating expenses
$1,140,802.63
January through August
Net profit
$923,206.67
20.8% margin
Revenue and profit
Month by month through August
Year to date
Operating expense breakdown
Month by month
Margins and profit
| Month | Net sales | GP % | Net profit | Net % |
| January | — | 0.0% | ($67,864.01) | 0.0% |
| February | — | 0.0% | ($85,014.21) | 0.0% |
| March | $9.24 | 35.6% | ($69,361.56) | -750666.2% |
| April | $545,289.77 | 49.1% | $144,193.16 | 26.4% |
| May | $829,756.54 | 45.3% | $190,644.21 | 23.0% |
| June | $874,657.13 | 46.1% | $237,707.24 | 27.2% |
| July | $1,081,389.38 | 45.4% | $240,528.95 | 22.2% |
| August | $1,117,610.63 | 46.1% | $332,372.89 | 29.7% |
| Year to date | $4,448,712.69 | 46.2% | $923,206.67 | 20.8% |
Full Profit & Loss
August and year to date
| Account | August | Year to date |
| Income | ||
| 40000 Income | ||
| 40002 Services - Cash Sales | $689,692.70 | $2,576,517.96 |
| 40003 Services - DNS Debit Settlements | $726,587.25 | $2,800,204.25 |
| 40009 Cumulative - Sweed Timing Adjustment | $44,099.05 | $436,418.79 |
| Total for 40000 Income | $1,460,379.00 | $5,813,141.00 |
| 41000 Less - Sales Tax Collected | ($342,768.37) | ($1,364,428.31) |
| Total for Income | $1,117,610.63 | $4,448,712.69 |
| Cost of Goods Sold | ||
| 50000 Cost of Goods Sold (Sales) | ||
| 50150 Cost of Sales - Supplies & Materials | $602,397.96 | $2,394,977.39 |
| Total for 50000 Cost of Goods Sold (Sales) | $602,397.96 | $2,394,977.39 |
| Total for Cost of Goods Sold | $602,397.96 | $2,394,977.39 |
| Gross Profit | $515,212.67 | $2,053,735.30 |
| Expenses | ||
| 60000 Advertising | ||
| 60250 Advertising - Events & Sponsorships | ||
| 60400 Advertising - Billboard | $22,450.00 | $42,095.00 |
| 60450 Advertising - Print--Media-Videography-Photography | ||
| 60500 Advertising - Telemarketing | $395.00 | $790.00 |
| 60550 Advertising - Marketing Team Meals | $860.99 | $3,385.59 |
| Total for 60000 Advertising | $23,705.99 | $47,655.59 |
| 65000 Employee Related-Compensation | ||
| 65100 Employee Payroll | ||
| 65101 Salaries & Wages | $72,849.81 | $373,747.32 |
| 65102 Overtime - OT | $728.47 | $10,653.25 |
| 65104 Vacation/Holiday/Sick--Severance/Emergency Leave | $414.00 | $2,318.26 |
| 65106 Bonuses | ||
| Total for 65100 Employee Payroll | $73,992.28 | $387,718.83 |
| 65200 Fringe | ||
| 65201 Group Health Insurance | $1,650.40 | $2,783.50 |
| 65202 Workers' Comp Insurance | $1,917.03 | $5,065.70 |
| 65204 Payroll Tax - FICA/FUTA & SUTA | $7,922.71 | $44,569.17 |
| 65205 Payroll Administrative Related Fees | $2,016.10 | $5,375.67 |
| Total for 65200 Fringe | $13,506.24 | $57,794.04 |
| 65400 Other | ||
| 65401 Uniforms/Logo Shirts | $1,057.72 | $1,057.72 |
| 65405 Employee Reimbursements | ||
| Total for 65400 Other | $1,057.72 | $3,691.72 |
| Total for 65000 Employee Related-Compensation | $88,556.24 | $449,204.59 |
| 70000 Facility | ||
| 70025 Rent & Lease | $40,000.00 | $320,000.00 |
| 70050 Building Maintenance & Repairs | $475.00 | $64,147.82 |
| 70100 Utilities--Water, Gas, Electric | $120.00 | $725.00 |
| 70150 Telephone Landlines, Internet, & TV Subscriptions | $265.35 | $2,122.80 |
| 70300 Security | $14,445.35 | $66,666.89 |
| 70350 Shop Supplies | ||
| Total for 70000 Facility | $55,305.70 | $474,002.38 |
| 75000 Fleet | ||
| 75050 Vehicle Repairs & Maintenance | ||
| 75100 Vehicle Cleaning/Parking/Tolls | ||
| 75200 Fuel | $123.50 | $308.01 |
| 75450 Vehicle Charging Subscription | $464.29 | $1,553.28 |
| Total for 75000 Fleet | $587.79 | $2,599.33 |
| 80000 Administrative | ||
| 81100 Business Operations | ||
| 81110 Office Supplies/Forms/Contracts | $132.15 | $6,639.55 |
| 81120 Computer Supplies | ||
| 81140 Software Licensing | $1,600.00 | $30,923.84 |
| 81150 Dues & Non-software Subscriptions | $12.99 | $51.96 |
| 81160 Permits & Licenses-Business Registration | ||
| 81170 Shipping/Postage | ||
| 81190 Charitable Contributions-Gifts | ||
| 81220 Bank & Credit Card Fees--Incidental/Wire Bank Fees | $410.95 | $1,132.95 |
| 81270 Transportation Services | $1,055.41 | $3,812.15 |
| Total for 81100 Business Operations | $3,211.50 | $75,167.31 |
| 82000 Professional Services | ||
| 82100 Finance & Accounting | $1,656.50 | $1,656.50 |
| 82110 Legal | ||
| 82140 IT Services & Technology | ||
| 82150 1099 Contractors | ||
| 82170 Executive Services | $20,000.00 | $60,000.00 |
| Total for 82000 Professional Services | $21,656.50 | $91,601.10 |
| 83000 Travel & Entertainment | ||
| 83100 Travel | ||
| 83130 Ground Transportation | ||
| 83134 Parking & Tolls | ||
| Total for 83130 Ground Transportation | — | $28.00 |
| Total for 83100 Travel | — | $28.00 |
| 83200 Meals | ||
| 83220 Office Meals & Team Dinners | $90.06 | $544.33 |
| Total for 83200 Meals | $90.06 | $544.33 |
| Total for 83000 Travel & Entertainment | $90.06 | $572.33 |
| Total for 80000 Administrative | $24,958.06 | $167,340.74 |
| Total for Expenses | $193,113.78 | $1,140,802.63 |
| Net Operating Income | $322,098.89 | $912,932.67 |
| Other Income | ||
| 91000 Other Income | ||
| 91450 Services - Vendor Payment Income | $10,274.00 | $10,274.00 |
| Total for 91000 Other Income | $10,274.00 | $10,274.00 |
| Total for Other Income | $10,274.00 | $10,274.00 |
| Net Other Income | $10,274.00 | $10,274.00 |
| Net Income | $332,372.89 | $923,206.67 |
| Accrual Basis Wednesday, October 07, 2026 08:24 AM GMT-04:00 |
Balance Sheet
As of August 30, 2026
Total assets
$2,757,126.16
Balanced to the penny
Cash
$1,129,160.60
operating account
Inventory
$1,049,171.77
on the shelf
Vendor bills
$1,607,539.65
accounts payable
Equity
$682,520.33
owners' stake
Assets
| 10001 | GLACIER DISP OP ACCT-9152 | $1,129,160.60 |
| 13250 | Inventory Asset | $1,049,171.77 |
| 13260 | Inventory in Transit | — |
| 15500 | Cumulative - Sweed Sales in Transit | $436,418.79 |
| 17041 | Vehicle 1 (Bentley) | $142,375.00 |
| Total assets | $2,757,126.16 |
Liabilities and equity
| 20000 | Accounts Payable (A/P) | $1,607,539.65 |
| 20501 | Chase Credit Card | ($90,900.86) |
| 22501 | Sales Taxes Payable | $341,593.31 |
| 22630 | IL Unemployment Tax Payable | $7,069.39 |
| 22640 | IL Withholding Tax Payable | $9,252.78 |
| 22660 | Payroll Payables - Child Support | $256.42 |
| 22700 | Payroll Benefits - Medical/Dental/Vision | $6,109.86 |
| 23101 | BPMD Loan Payable | $100,000.00 |
| 23102 | SUP Development - Start Up Loan | $100,000.00 |
| 25101 | PNC Loan | ($7,256.34) |
| Total liabilities | $2,073,664.21 | |
| Retained | Retained Earnings | ($240,686.34) |
| Net income, year to date | $923,206.67 | |
| Total equity | $682,520.33 | |
| Total liabilities and equity | $2,756,184.54 |
Cash Flow
August 2026
Change in cash
$281,624.21
July to August
Opening cash
$847,536.39
July
Net profit
$332,372.89
accrual basis
Working capital
($66,363.53)
inventory, bills, tax
Closing cash
$1,129,160.60
August 30
Where the cash went
August 2026
| Cash at July | $847,536.39 |
| Net profit for the month | $332,372.89 |
| Inventory | $118,998.31 |
| Sweed sales not yet deposited | ($44,099.05) |
| Vendor bills | ($151,660.16) |
| Sales tax payable | $10,397.37 |
| Loans | ($312.96) |
| Payroll liabilities | $19,803.29 |
| Credit card | ($3,762.10) |
| Everything else | ($113.38) |
| Change in cash | $281,624.21 |
| Cash at August 30 | $1,129,160.60 |
Notes
August 2026
How the month went
August brought in $1,117,610.63 of net sales and kept $332,372.89 of it, a 29.7% real margin. Gross margin landed at 46.1%.
Year to date Liam is at $4,448,712.69 of net sales and $923,206.67 of net profit, a 20.8% margin on 46.2% gross.
Sales match the Sweed register to the penny, and so does cost of goods. Inventory ties to the Sweed turnover report as well, so revenue, product cost, sales tax and what is on the shelf all agree with the POS.
Still open
| Inventory | 13250 lands at $1,049,171.77 and matches the Sweed inventory turnover report to the penny. The — in 13260 is product invoiced in September that had not hit the shelf yet, and it reverses in October. |
| Chase card | Showing ($90,900.86). Only the payments are on the books so far. The charges behind them still need to come off the statements. |
| Loans | BPMD at $100,000.00 and SUP at $100,000.00 have not moved all year and no interest has posted. Need the terms on both. |
| PNC loan | Payments are going out but the loan itself is not on the books, which is why it shows ($7,256.34). Need the loan details. |
At your service,
Juan Rodriguez
Fractional CFO & Controller, JAServices Financial
QuickBooks Online International Certified
Profit & Loss
September 2026
Cash in the bank · September
$508,274.25
($620,886.35) vs Aug
Net sales
$1,295,892.06
+$178,281.43 vs Aug
Gross profit
$718,984.18
55.5% gross margin
Operating income
$163,349.50
12.6% operating margin
Net profit
$204,888.50
15.8% margin
Performance
Sales, product cost and net profit
September 2026
Operating expense breakdown
Revenue and profit
Month by month through September
Key observations
- Net sales of $1,295,892.06, up 16% from Aug.
- Gross profit of $718,984.18, a 55.5% gross margin.
- Net profit of $204,888.50, a 15.8% real margin after every expense.
- Operating costs of $555,634.68, with administrative at $380,132.50 carrying most of it.
- Sales tie to Sweed. $1,629,522.80 rang up, $333,630.74 of that is sales tax collected, leaving $1,295,892.06 of net sales.
- Year to date the business stands at $1,128,095.17 net on $5,744,604.75 of net sales.
Statement
| Category | AUG | SEP | Change |
| Gross sales | $1,460,379.00 | $1,629,522.80 | +$169,143.80 |
| Sales tax collected | ($342,768.37) | ($333,630.74) | +$9,137.63 |
| Net sales | $1,117,610.63 | $1,295,892.06 | +$178,281.43 |
| Product cost | ($602,397.96) | ($576,907.88) | +$25,490.08 |
| Gross profit | $515,212.67 | $718,984.18 | +$203,771.51 |
| Advertising | $23,705.99 | $4,792.87 | ($18,913.12) |
| Payroll & Employee | $88,556.24 | $95,728.69 | +$7,172.45 |
| Facility | $55,305.70 | $74,703.91 | +$19,398.21 |
| Fleet | $587.79 | $276.71 | ($311.08) |
| Administrative | $24,958.06 | $380,132.50 | +$355,174.44 |
| Total operating exp. | $193,113.78 | $555,634.68 | +$362,520.90 |
| Operating income | $322,098.89 | $163,349.50 | ($158,749.39) |
| Other income, net | $10,274.00 | $41,539.00 | +$31,265.00 |
| Net profit | $332,372.89 | $204,888.50 | ($127,484.39) |
Year to Date
January through September 2026
Cash in the bank
$508,274.25
+$408,960.59 since 1-1-2026
Net sales
$5,744,604.75
after sales tax
Gross profit
$2,772,719.48
48.3% gross margin
Operating expenses
$1,696,437.31
January through September
Net profit
$1,128,095.17
19.6% margin
Revenue and profit
Month by month through September
Year to date
Operating expense breakdown
Month by month
Margins and profit
| Month | Net sales | GP % | Net profit | Net % |
| January | — | 0.0% | ($67,864.01) | 0.0% |
| February | — | 0.0% | ($85,014.21) | 0.0% |
| March | $9.24 | 35.6% | ($69,361.56) | -750666.2% |
| April | $545,289.77 | 49.1% | $144,193.16 | 26.4% |
| May | $829,756.54 | 45.3% | $190,644.21 | 23.0% |
| June | $874,657.13 | 46.1% | $237,707.24 | 27.2% |
| July | $1,081,389.38 | 45.4% | $240,528.95 | 22.2% |
| August | $1,117,610.63 | 46.1% | $332,372.89 | 29.7% |
| September | $1,295,892.06 | 55.5% | $204,888.50 | 15.8% |
| Year to date | $5,744,604.75 | 48.3% | $1,128,095.17 | 19.6% |
Full Profit & Loss
September and year to date
| Account | September | Year to date |
| Income | ||
| 40000 Income | ||
| 40002 Services - Cash Sales | $865,232.15 | $3,441,750.11 |
| 40003 Services - DNS Debit Settlements | $657,766.75 | $3,457,971.00 |
| 40009 Cumulative - Sweed Timing Adjustment | $106,523.90 | $542,942.69 |
| Total for 40000 Income | $1,629,522.80 | $7,442,663.80 |
| 41000 Less - Sales Tax Collected | ($333,630.74) | ($1,698,059.05) |
| Total for Income | $1,295,892.06 | $5,744,604.75 |
| Cost of Goods Sold | ||
| 50000 Cost of Goods Sold (Sales) | ||
| 50150 Cost of Sales - Supplies & Materials | $576,907.88 | $2,971,885.27 |
| Total for 50000 Cost of Goods Sold (Sales) | $576,907.88 | $2,971,885.27 |
| Total for Cost of Goods Sold | $576,907.88 | $2,971,885.27 |
| Gross Profit | $718,984.18 | $2,772,719.48 |
| Expenses | ||
| 60000 Advertising | ||
| 60250 Advertising - Events & Sponsorships | ||
| 60400 Advertising - Billboard | $2,200.00 | $44,295.00 |
| 60450 Advertising - Print--Media-Videography-Photography | ||
| 60500 Advertising - Telemarketing | $395.00 | $1,185.00 |
| 60550 Advertising - Marketing Team Meals | $2,197.87 | $5,583.46 |
| Total for 60000 Advertising | $4,792.87 | $52,448.46 |
| 65000 Employee Related-Compensation | ||
| 65100 Employee Payroll | ||
| 65101 Salaries & Wages | $74,439.87 | $448,187.19 |
| 65102 Overtime - OT | $4,253.45 | $14,906.70 |
| 65104 Vacation/Holiday/Sick--Severance/Emergency Leave | $644.80 | $2,963.06 |
| 65106 Bonuses | ||
| Total for 65100 Employee Payroll | $79,338.12 | $467,056.95 |
| 65200 Fringe | ||
| 65201 Group Health Insurance | $2,125.70 | $4,909.20 |
| 65202 Workers' Comp Insurance | $1,190.56 | $6,256.26 |
| 65204 Payroll Tax - FICA/FUTA & SUTA | $7,887.98 | $52,457.15 |
| 65205 Payroll Administrative Related Fees | $1,465.80 | $6,841.47 |
| Total for 65200 Fringe | $12,670.04 | $70,464.08 |
| 65400 Other | ||
| 65401 Uniforms/Logo Shirts | $3,661.03 | $4,718.75 |
| 65405 Employee Reimbursements | $59.50 | $2,693.50 |
| Total for 65400 Other | $3,720.53 | $7,412.25 |
| Total for 65000 Employee Related-Compensation | $95,728.69 | $544,933.28 |
| 70000 Facility | ||
| 70025 Rent & Lease | $40,000.00 | $360,000.00 |
| 70050 Building Maintenance & Repairs | $11,937.50 | $76,085.32 |
| 70100 Utilities--Water, Gas, Electric | $140.00 | $865.00 |
| 70150 Telephone Landlines, Internet, & TV Subscriptions | $265.42 | $2,388.22 |
| 70300 Security | $21,551.75 | $88,218.64 |
| 70350 Shop Supplies | $809.24 | $21,149.11 |
| Total for 70000 Facility | $74,703.91 | $548,706.29 |
| 75000 Fleet | ||
| 75050 Vehicle Repairs & Maintenance | ||
| 75100 Vehicle Cleaning/Parking/Tolls | ||
| 75200 Fuel | $16.48 | $324.49 |
| 75450 Vehicle Charging Subscription | $260.23 | $1,813.51 |
| Total for 75000 Fleet | $276.71 | $2,876.04 |
| 80000 Administrative | ||
| 81100 Business Operations | ||
| 81110 Office Supplies/Forms/Contracts | $257.29 | $6,896.84 |
| 81120 Computer Supplies | ||
| 81140 Software Licensing | $110.00 | $31,033.84 |
| 81150 Dues & Non-software Subscriptions | $12.99 | $64.95 |
| 81160 Permits & Licenses-Business Registration | $365,600.00 | $384,452.00 |
| 81170 Shipping/Postage | $58.92 | $451.66 |
| 81190 Charitable Contributions-Gifts | $2,589.00 | $13,089.00 |
| 81220 Bank & Credit Card Fees--Incidental/Wire Bank Fees | $1,348.76 | $2,481.71 |
| 81270 Transportation Services | $1,230.35 | $5,042.50 |
| Total for 81100 Business Operations | $371,207.31 | $446,374.62 |
| 82000 Professional Services | ||
| 82100 Finance & Accounting | $1,945.25 | $3,601.75 |
| 82110 Legal | ||
| 82140 IT Services & Technology | $1,928.75 | $23,576.75 |
| 82150 1099 Contractors | $5,000.00 | $5,000.00 |
| 82170 Executive Services | ||
| Total for 82000 Professional Services | $8,874.00 | $100,475.10 |
| 83000 Travel & Entertainment | ||
| 83100 Travel | ||
| 83130 Ground Transportation | ||
| 83134 Parking & Tolls | ||
| Total for 83130 Ground Transportation | — | $28.00 |
| Total for 83100 Travel | — | $28.00 |
| 83200 Meals | ||
| 83220 Office Meals & Team Dinners | $51.19 | $595.52 |
| Total for 83200 Meals | $51.19 | $595.52 |
| Total for 83000 Travel & Entertainment | $51.19 | $623.52 |
| Total for 80000 Administrative | $380,132.50 | $547,473.24 |
| Total for Expenses | $555,634.68 | $1,696,437.31 |
| Net Operating Income | $163,349.50 | $1,076,282.17 |
| Other Income | ||
| 91000 Other Income | ||
| 91450 Services - Vendor Payment Income | $41,539.00 | $51,813.00 |
| Total for 91000 Other Income | $41,539.00 | $51,813.00 |
| Total for Other Income | $41,539.00 | $51,813.00 |
| Net Other Income | $41,539.00 | $51,813.00 |
| Net Income | $204,888.50 | $1,128,095.17 |
| Accrual Basis Wednesday, October 07, 2026 08:24 AM GMT-04:00 |
Balance Sheet
As of September 30, 2026
Total assets
$2,541,143.50
Balanced to the penny
Cash
$508,274.25
operating account
Inventory
$1,229,855.81
on the shelf
Vendor bills
$1,230,388.97
accounts payable
Equity
$887,408.83
owners' stake
Assets
| 10001 | GLACIER DISP OP ACCT-9152 | $508,274.25 |
| 13250 | Inventory Asset | $1,229,855.81 |
| 13260 | Inventory in Transit | $117,695.75 |
| 15500 | Cumulative - Sweed Sales in Transit | $542,942.69 |
| 17041 | Vehicle 1 (Bentley) | $142,375.00 |
| Total assets | $2,541,143.50 |
Liabilities and equity
| 20000 | Accounts Payable (A/P) | $1,230,388.97 |
| 20501 | Chase Credit Card | ($109,824.33) |
| 22501 | Sales Taxes Payable | $320,464.98 |
| 22630 | IL Unemployment Tax Payable | $7,069.39 |
| 22640 | IL Withholding Tax Payable | $9,252.78 |
| 22660 | Payroll Payables - Child Support | $256.42 |
| 22700 | Payroll Benefits - Medical/Dental/Vision | $10,831.62 |
| 23101 | BPMD Loan Payable | $100,000.00 |
| 23102 | SUP Development - Start Up Loan | $100,000.00 |
| 25101 | PNC Loan | ($14,705.16) |
| Total liabilities | $1,653,734.67 | |
| Retained | Retained Earnings | ($240,686.34) |
| Net income, year to date | $1,128,095.17 | |
| Total equity | $887,408.83 | |
| Total liabilities and equity | $2,541,143.50 |
Cash Flow
September 2026
Change in cash
($620,886.35)
August to September
Opening cash
$1,129,160.60
August
Net profit
$204,888.50
accrual basis
Working capital
($803,182.70)
inventory, bills, tax
Closing cash
$508,274.25
September 30
Where the cash went
September 2026
| Cash at August | $1,129,160.60 |
| Net profit for the month | $204,888.50 |
| Inventory | ($298,379.79) |
| Sweed sales not yet deposited | ($106,523.90) |
| Vendor bills | ($377,150.68) |
| Sales tax payable | ($21,128.33) |
| Loans | ($7,448.82) |
| Payroll liabilities | $4,721.76 |
| Credit card | ($18,923.47) |
| Everything else | ($941.62) |
| Change in cash | ($620,886.35) |
| Cash at September 30 | $508,274.25 |
Notes
September 2026
How the month went
September brought in $1,295,892.06 of net sales and kept $204,888.50 of it, a 15.8% real margin. Gross margin landed at 55.5%.
Year to date Liam is at $5,744,604.75 of net sales and $1,128,095.17 of net profit, a 19.6% margin on 48.3% gross.
Sales match the Sweed register to the penny, and so does cost of goods. Inventory ties to the Sweed turnover report as well, so revenue, product cost, sales tax and what is on the shelf all agree with the POS.
Still open
| Inventory | 13250 lands at $1,229,855.81 and matches the Sweed inventory turnover report to the penny. The $117,695.75 in 13260 is product invoiced in September that had not hit the shelf yet, and it reverses in October. |
| Chase card | Showing ($109,824.33). Only the payments are on the books so far. The charges behind them still need to come off the statements. |
| Loans | BPMD at $100,000.00 and SUP at $100,000.00 have not moved all year and no interest has posted. Need the terms on both. |
| PNC loan | Payments are going out but the loan itself is not on the books, which is why it shows ($14,705.16). Need the loan details. |
At your service,
Juan Rodriguez
Fractional CFO & Controller, JAServices Financial
QuickBooks Online International Certified