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How would you grade the 2022 performance of this company? What leads you to believe it is positive? What leads you to believe it is

How would you grade the 2022 performance of this company? What leads you to believe it is positive? What leads you to believe it is negative?

20222023 (forecast)Revenue$ 45,478,239 $ 149,003,183 Food & Bev20,012,322 86,953,156 Consumer Goods23,413,988 56,500,027 Alcohol2,051,929 5,550,000 Cost of Revenue (Courier Payout)40,237,075 119,017,509 Food & Bev18,301,984 66,753,357 Consumer Goods19,914,768 46,769,652 Alcohol2,020,323 5,494,500 Gross Profit5,241,164 29,985,675 Food & Bev1,710,338 20,199,799 Consumer Goods3,499,220 9,730,376 Alcohol31,606 55,500 SG&A Payroll 7,641,696 17,858,535 Food & Bev1,645,553 2,280,708 Consumer Goods1,797,131 1,095,398 Alcohol62,522 158,796 Product788,806 1,955,757 Engineering1,123,228 3,948,526 Marketing348,192 756,268 Corporate (HR/Accounting/Executives)1,403,035 3,135,608 Sales473,229 4,527,473 Marketing340,056 240,000 Legal & Professional Fee498,866 120,000 General and administrative5,415,910 8,987,859 Total Expense13,896,528 27,206,394 EBITDA$ (8,655,364)$ 2,779,280 Interest Expense(Income)(238,418)- Income Taxes Expense7,963 - Depreciation Expense221,552 332,328 Amortization Expense242,721 331,436 Net Income(Loss)$ (8,889,183)$ 2,115,516

Balance Sheet 12/31/2112/31/22Current assets Cash and cash equivalents19,759,329 82,295,021 Accounts receivable, net of allowance6,206,572 13,682,603 Unbilled receivables417,950 352,017 Prepaid expenses and other current assets131,811 309,672 Total current assets$ 26,515,662 $ 96,639,313 Computer Equipment,Furniture, Vehicles, net of accumulated depreciation 56,857 236,859 Software development costs, net of accumulated amortization546,083 1,409,243 Deposits154,207 882,618 Total assets$ 27,272,809 $ 99,168,032 Current liabilities Accounts payable - third parties1,114,942 2,464,700 Accounts payable - related parties409,170 Accrued expenses521,209 365,027 Total current liabilities$ 2,045,321 $ 2,829,727 Stockholders' equity Common stock750 750 Preferred stock Series A6,128,745 6,128,745 Preferred stock Series B21,529,605 21,529,605 Preferred stock Series C 80,000,000 Additional paid-in capital6,500 6,500 Accumulated deficit(2,438,112)(11,327,295)Total stockholders' equity$ 25,227,488 $ 96,338,305 Total liabilities and stockholders' equity$ 27,272,809 $ 99,168,032

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