Appendix B · Historical Financials

Historical Financial Statements

Audited-to-source financial statements from inception (November 2024) through December 31, 2025. All figures pulled directly from the accounting system. Pre-revenue entity — all spend is operational development burn funded by Class B Shares exchange.

Google Drive Folder P&L Spreadsheet Balance Sheet Spreadsheet

Key Metrics & Document Library

Status

Pre-Revenue

iOS & Android live Aug 2026 · Revenue starts Q1 2027

2024 Total Burn

$62K

Nov–Dec 2024 (2 months)

2025 Total Burn

$490K

Full year, 12 months

Cash (Q3 2026)

~$25K

After bridge funding, before Bridge Round close

Promissory Note (Nov 2025)

~$50K USD

Demand payable + 8% interest

Bridge Loans (Jan 2026)

$100K

Repayable at $500K+ round close + 600K options

Source Documents

P&L — Month by Month(Nov 2024 – Dec 2025)

Open in Google Sheets

Balance Sheets(Nov 2024 – Dec 2025)

Open in Google Sheets

Full Document Folder(All Files)

Open in Google Drive

Accounting Note: Positive cash balance at Dec 31, 2025 reflects Class B shares capital infusions throughout the year. A $100K bridge loan was received in January 2026, and a $250K Bridge Round (current) is extending runway through Q1 2027 revenue start. All statements prepared on an accrual basis via VIBEUP INC's accounting system.

* Confidential. All figures derived directly from VIBEUP INC accounting system (accrual basis). Pre-revenue entity founded November 2024. For accredited investors only.