We can check financial health of software company by following below steps and take decision to join any Public registered organization:
Go to below website,
https://www.sec.gov/edgar/searchedgar/companysearch.html
and search for company name
in the list, select correct company name.
Then in the list of documents displayed, choose
"Quarterly report [Sections 13 or 15(d)]" or "10-Q" filings and hit on Documents link
In the list of document, choose document of type/description 10-Q to open and read through the document to find out quarterly revenue, expenses and cash assets.
This report would give last 3 months revenue report, where you can check revenue of organization and expenses of organization and net income of organization. Also you can check cash flow in the end of the document, to calculate runway period.
Burn-rate and Runway:
Cash today / Burn rate = Runway
$10000 $1000 10 months
Go to below website,
https://www.sec.gov/edgar/searchedgar/companysearch.html
and search for company name
in the list, select correct company name.
Then in the list of documents displayed, choose
"Quarterly report [Sections 13 or 15(d)]" or "10-Q" filings and hit on Documents link
In the list of document, choose document of type/description 10-Q to open and read through the document to find out quarterly revenue, expenses and cash assets.
This report would give last 3 months revenue report, where you can check revenue of organization and expenses of organization and net income of organization. Also you can check cash flow in the end of the document, to calculate runway period.
Burn-rate and Runway:
Cash today / Burn rate = Runway
$10000 $1000 10 months
