EFTA01201086.pdf

AOBiome LLC Balance Sheet As of May 31, 2014 May 31. 14 ASSETS Current Assets Checking/Savings 1000 • Cash - Checking & Savings 1000-20 • Boston Private Bank - Ckg 204.315 78 Total 1000 • Cash - Checking & Savings 204.315 78 Total Checking/Savings 204.315 78 Total Current Assets 204.315 78 Fixed Assets 1500 • Property. Equipment & Furniture 1500-10 • Equipment 32.021.16 Total 1500 • Property. Equipment & Furniture 32.021.16 Total Fixed Assets 32.021.16 Other Assets 1800 • Other Assets 1800-20 • Pre-paid Expense 19.422.87 Total 1800 • Other Assets 19.422.87 1950 • Intangible Asset 1950-20 • System Design & Dev. 5.000 00 Total 1950 • Intangible Asset 5.000 00 Total Other Assets 24.422.87 TOTAL ASSETS 260,759.81 Page 1 of 7 Insource 05 May 2014 Financials Services, Inc. EFTA01201086  AOBiome LLC Balance Sheet As of May 31, 2014 May 31, 14 LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable 2000 • Accounts Payable 101,437.01 Total Accounts Payable 101,437.01 Other Current Liabilities 2102 • Payroll Liabilities 4,122.98 2600 • Accrued Payroll Withholding 2600-10 • Health Insurance Withheld 266.24 Total 2600 • Accrued Payroll Withholding 266.24 Total Other Current Liabilities 4,389.22 Total Current Liabilities 105,826.23 Total Liabilities 105,826.23 Equity 2500 • Stockholders Equity 2500-50 • Preferred Stock 1,403,471.53 Total 2500 • Stockholders Equity 1,403,471.53 3001 • Net Assets - Beginning of Year -762,133.09 Net Income -486,404.86 Total Equity 154.933.58 TOTAL LIABILITIES & EQUITY 260,759.81 Page 2 of 7 Inscource 05 May 2014 Financials Services, Inc. EFTA01201087  AOBiome LLC Profit & Loss May 2014 May 14 Ordinary Income/Expense Expense 6000 • Personnel Costs 6000-10 • Salaries 40.894.02 6000-30 • Payroll Tax Expense 3.298.03 6000-50 • Health Insurance 752.82 Total 6000 • Personnel Costs 44.944.87 6100 • Consumable Materials & Supplies 6100-20 • Office Supplies & Expenses 276.31 Total 6100 • Consumable Materials & Supplies 276.31 6165 • Dues and Subscriptions 149.00 6200 • Consultants 5.000.00 6245 • Miscellaneous 0.00 6300 • Training. Conferences & Meeting 6300-10 • Local Meetings & Conferences 350.00 6300-30 • Scientific Conference 3.685 98 Total 6300 • Training. Conferences & Meeting 4.035 98 6310 • R&D 6310.10 • Genomics 15.176.74 6310.20 • Form. Dev.-Human Exposure 9.256.00 6310.40 • Safety/Skin Irritancy Studies 75.95 Total 6310 • R&D 24.508 69 6500 • Travel & Transportation 6500-20 • Travel 3.164.00 6500-50 • Meals 329.26 6500.60 • Parking 480.00 Total 6500 • Travel & Transportation 3.973.26 6560 • Payroll Expenses 25.92 6800 • Facilities Expense 6800-10 • Rent 4.620.44 Total 6800 • Facilities Expense 4,620.44 6900 • Computers & Equipment 6900-30 • Computer Expense 94.51 Total 6900 • Computers & Equipment 94.51 Page 3 of 7 Insource 05 May 2014 Financials Services, Inc. EFTA01201088  AOBiome LLC Profit & Loss May 2014 May 14 7100 • Communications Expense 7100-20 • Postage & Shipping 184.73 Total 7100 • Communications Expense 184.73 7200 • Administrative Costs 7200-15 • Finance-Bookkeeping 600.00 7200-20 • Legal Fees 4,317.00 7200-25 • Human Resources 172.50 Total 7200 • Administrative Costs 5,089.50 Total Expense 92,903.21 Net Ordinary Income -92,903.21 Net Income -92,903.21 Page 4 of 7 Inscource 05 May 2014 Financials Services, Inc. EFTA01201089  AOBiome LLC Profit & Loss January through May 2014 Jan 14 Feb 14 Mar 14 Apr14 May 14 TOTAL Ordinary Income/Expense Expense 6000 • Personnel Costs 6000-10. Salaries 23.461.52 21461.52 23,461.52 26230.76 40,894.02 137.50934 6000-30. Payroll Tax Expense 2.546.10 2,176.23 1.901.96 2,088.73 3.298.03 12,011.05 6000-50. Health Insurance 1,022 06 1,175.38 1.022.06 599.50 752-82 4,571.82 Total 6000 • Personnel Costs 27.029.68 26.81113 26.385.54 28.918.99 44.944.87 154.09221 6100 • Consumable Materials & Supplies 6100-20 • Office Supplies & Expenses 35.06 0.00 136.00 0.00 276.31 447 37 Total 6100 • Consumable Materials & Supplies 35.06 0.00 136.00 0.00 278.31 447 37 6165. Dues and Subscriptions 0.00 0.00 0.00 0.00 149.00 149.00 6200 • Consultants 4,000.00 4.000.00 4,000.00 9.485.00 5.000.00 26.485.00 6240 • Marketing Expense 6240-10. Marketing 10.000.00 0.00 16,283.20 0.00 0.00 26.283.20 Total 6240 • Marketing Expense 10,000.00 0.00 16.283.20 0.00 0.00 26.283.20 6245 • Miscellaneous 0.00 0.00 0.00 0.00 0.00 0.00 6300 • Training. Conferences & Meeting 6300-10. Local Meetings & Conferences 0.00 0.00 0.00 0.00 350.00 350.00 6300-30. Scientific Conference 0.00 0.00 0.00 0.00 3.685.98 3.685.98 Total 6300 • Training. Conferences & Meeting 0.00 0.00 0.00 000 4,035.98 0.035.98 6310 • R&D 6310-10. Genomics 5,000.00 16.200.00 13.550.00 0.00 15.176.74 49.926.74 6310-20 • Form. Dev.-Human Exposure 600.00 0.00 400.00 2.868.76 9,258.00 13,124.76 6310-30 • OSU-AOB Production 0.00 0.00 25.000.00 0.00 0.00 25.000.00 631040 • Safety/Skin Irritancy Studies 0.00 23.120.00 500.00 15.160.00 75.95 38.855.95 Total 6310 • R&D 5.600.00 39.320.00 39,450.00 18.028.76 24.50,8.69 126.907.45 6500 • Travel & Transportation 6500-20. Travel 6,093.38 0.00 704.54 0.00 3.164.00 9.981.92 6500-50 • Meals 519.11 0.00 737.87 326.44 329.26 1,912.68 6500-60. Parking 373.00 0.00 1.157.00 845.00 480.00 2,855.00 Total 6500 • Travel & Transportation 6.985.49 0.00 2.599.41 1.171.44 3.973.26 14,729.60 6560 • Payroll Expenses 22.78 16.96 11.47 1480 25.92 91.93 6800 • Facilities Expense 6800-10. Rent 2.947.43 2.900.00 2.916.75 9.61787 4.620.44 23.002.49 Total 6800 • Facilities Expense 2.947.43 2.900.00 2.916.75 9.61787 4.620.44 23.002.49 6900 • Computers & Equipment 6900-30 • Computer Expense 200.00 0.00 326.05 176.61 94.51 797.17 Total 6900 • Computers & Equipment 200.00 0.00 326.05 176.61 94.51 797.17 7100 • Communications Expense 7100-10. Telephone Expenses 0.00 0.00 100.00 10.00 0.00 110.00 7100-20 • Postage & Shipping 613.96 0.00 234.29 101.18 18473 1,134.16 Total 7100 • Communications Expense 613.96 0.00 334.29 111.18 184.73 1.244.16 7200 • Administrative Costs 7200-15 • Finance-Bookkeeping 784.99 630.39 686.58 1,097.58 600.00 3,799.52 7200-20 • Legal Fees 5.050.75 8,254.64 0.00 85,158.41 4.317.00 102.820.80 7200-25 • Human Resources 37.50 352.50 405.00 502.50 172.50 1,470.00 7200-30 • Bank Service Charges 0.00 23.97 19.41 5.60 0.00 48.98 Total 7200 • Administrative Costs 1.11 . . Total Expense 63.34744 82,311.59 93.553.70 154.28172 92.903 21 486,404.86 Net Ordinary Income 43 347.64 -82,311.59 -93.553.70 -154.28172 -92 903 21 .486 404.86 Net Income 43.34714 -82.311.59 -93.553.70 -154.288.72 -92403.21 -486.40486 Page 5 of 7 Insource 05 May 2014 Financials Services, Inc. EFTA01201090  AOBiome LLC Profit & Loss Budget vs. Actual January through May 2014 TOTAL May 14 Budget $ Over Budget %ol Budget Jan - May 14 Budget $ Over Budget % of Budget Ordinary Income/Expense Expense 6000. Personnel Costs 6000.10. Salaries 40894.02 38.33000 4.581.02 112.65% 137.50904 149,188.00 -11.858.88 92.19% 600020 • Fringe Benefits 0.00 2250.00 -2.250.00 0.0% 0.00 11.250.00 -11.250.00 0.0% 600040. Payroll Tax Expense 3.298.03 4359.98 -1.061.93 75.84% 12.011.05 17.899.92 4,888.87 87.1% 6000-50. Health Insurance 752.82 0.00 75242 100.0% 4.571.82 0.00 4,571.82 100.0% Total 6000. Personnel Costs 44.944.87 42.942.96 2.001.91 7a.88% 154.09221 178,315.92 24223.71 6100. Consumable Materials 8 Supplies 610020. Office Supplies 8 Expenses 278.31 1,500.00 •I 223.69 18.42% 4737 7.500.00 .7 052.83 5.97% Total 8100 • Consumable Materials & Supplies 278.31 1500.00 .1.223.89 18.42% 447.37 7,500.00 .7.052.83 5.97% 6166 • Dues and Subscriptions 149.00 149.00 6200. Consultants 5.000.00 11.000.60 -4,000.00 46.48% 28.485.00 44,000.00 -17.515.00 80.19% 6200. Marketing Expense 6240.10. Marketing 0.00 5.000.60 -5.000.00 0.0% 28 28320 30 060.00 4.718.80 87./31% Total 8240. Marketing Expense 0.00 5.000.60 0.0% 28.2832D 30060.00 .3.718.80 87.81% 6300. Training. Conferences 8 Meeting 6300.10 - Local Meetings 8 Conferences 350.00 0.00 350.00 100.0% 35000 0.00 350.00 100.0% 6303-30 • Scientific Conference 3.885.98 0.00 1886.98 100.0% 3,88598 0.00 3.885.98 100.0% Total 6300. Training. Conferences & Meeting 4,035.98 0.00 4.035.98 100.0% 4.035.98 0.03 4,035.98 100.0% 6310 , R&D 6310.10. Gcmomics 15.178.74 0.00 15.178.74 100.0% 49.928.74 50,000.00 99.85% 6310-20. Form. Dev.-Human Exposure 9.258.00 10.000.00 -744.00 92.58% 13.124.78 38,000.00 -22.875.24 38.48% 641040 . osu.Aoe Production 0.00 18000.00 -18.000.03 0.0% 25.000.00 61.000.00 49.02% 631040. Safety/Skin Irritancy Studies 75.95 25.000.00 -24.924.05 OS% 38.855.95 73.000.00 .34.144.05 53.23% 831040. SAS 0.00 0.00 0.00 0.0% 0.00 5.000.00 0.0% Total 8310. R&D 24,5 Sul . -28.491.31 4rtrkti, 128.907.45 215.000.00 -88.092.55 59.03% 6500. Travel & Transportation 6500.20. Travel 3.184.00 4,000.00 -838.00 79.1% 9.981.92 23,000.00 -13,038.08 43.31% 6500-50. Meals 329.26 0.00 329.28 100.0% 1.912.88 0.00 1.912.88 100.0% 650040. Parking 480.00 0.00 480.00 100.0% 2,855.00 0.00 2.855.00 100.0% Total 8500. Travel 8 Transportation 3.97326 4,000.00 99.33% 14.72960 23.000.00 4.270.40 84.04% 6560. Payroll Expenses 25.92 0.00 25.92 100.0% 91.93 0.00 91.93 100.0% 6800. Facilities Expense 6800.10. Rent 4820.44 3000.03 720.44 118.47% 23,002.49 18.200.00 8.802.49 141.99% Total IMO. Facilities Expense 4.82044 090003 720.44 118.47% 23.002.49 16200.00 8,802.49 141.99% 6900. Computers 8 Equipment 690040 . Computer Expense 90.61 0.00 94.61 100.0% 797.17 0.00 797.17 100.0% Total 8900 . Computers & Equipment 81St 0.00 94 5 100.0% 797 7 0.00 797.17 100.0% Page 6 of 7 Insource 05 May 2014 Financials Services, Inc. EFTA01201091  AOBiome LLC Profit & Loss Budget vs. Actual January through May 2014 TOTAL May 14 Budget Over Boort Not Budget Jan - May 14 Budget 6 Over Budget %of Budget 7100 • Communications Expense 7100-10. Telephone Expenses 000 0.00 0.00 0.0% 11000 0.03 110.03 100.0,4 7100-20 Postage 8 Shipping 184.73 0.00 184.73 1000% 1.134 16 0.00 1.134.16 100.0% Total 7100 - Communications Expense 184 73 0.00 184.73 100 0% 1244 16 0.00 1.244.16 100.6,4 7200. Administrative Costs 7200.15 • Finance-Bookkeeping 600.00 750.00 -150.03 800% 3.799.52 3.750.00 49.52 101.32% 7200-20 • Legal Fees 4.317.00 10.000.00 43.17% 102.820.80 71.000.00 31.820.80 144.82% 7200-25 • Human Resources 172.50 0.00 172.50 1000% 1.470.00 0.00 1.470.00 100.0% 7200-30. Bank Service Charges 0.00 0.00 0.00 00% 4896 0.00 48.98 100.0% Total 7200 • Administrative Costs 5.089.50 10.750.00 47.34% 108.139 30 74.750.00 33.389.30 144.87% Total Expense 92.903.21 130.092.98 -37.189.75 71.41% 486.404 86 588.765.92 -102.361.06 82.81% Net Ordinary Income -92.903.21 430092.98 37 189.75 71.41% -486.40486 -588 765.92 102 361.06 82.61% Net Income 42.90321 430.092.96 31.18915 71.41% 4116.404.14 468.714.92 102.361.08 82.61% Page 7 of 7 Insoazrce 05 May 2014 Financials Services, Inc. EFTA01201092