Coverage Ratios: 2015 - 2018

Interest Coverage

Cash Flow Coverage

12/31/15 327 $3,720 BALANCE SHEET Current Assets Cash Accounts Receivable Net Invent 86 3,908 3,483 3,939 Total Current Assets 7,755 8,729 Gross Fixed Assets 5,956 Accumulated Depreciation 2,996 398 3,824 284 Total Fixed Assets Net 2,178 Total Non-Current Assets 2,558 2,178 Total Assets 10,313 10,907 Current Liabilities Accounts Payable 1,653 $1,937 1,138 2,157 Notes Payable Bank 271 325 Current Portion of Long-Term Debt Accruals Total Current Liabilities 3,496 Non-Current Liabilities T Notes Payable Bank 1,738 1,413 1,077 Total Liabilities 3,970 573 Net Worth Capital Contribution Retained Ea 6,046 $6,031 237 376 Total Net Worth 6,213 272 404 Total Liabilities and Net Worth $10,313 10,908 Financial Statement Summary ($ in Thousands) 12/31/15 $25,920 ($21,254) 12/31/16 $29,160 ($24,057) 12/31/17 $31,260 ($25,833) 12/31/18 $33,765 ($27,728) INCOME STATEMENT Revenue Cost of Sales Gross Profit $4,666 $5,103 $5,427 $6,037 Selling, General& Admin. Expense Depreciation Expense ($2,592) ($390) ($3,208) ($402) ($3,595) ($426) ($4,052) ($460) Total Operating Expenses ($2,982) ($3,610) ($4,021) ($4,512) Operating Profit $1,684 $1,493 $1,406 $1,525 Interest Expense Profit before Taxes $1,585 $1,408 $1,319 $1,445 Distributions Paid to Owners ($1,338) ($1,373)