GOALS
Embedded Files
2025 Company Goals
Q2 COMPANY GOALS (UPDATED APRIL 2025)
Expand Revenue Generation
Grow annual recurring revenue to $1.8M and book $450k in cash
Reduce Time to Revenue to <= 90 days
Develop 1 new food-related analyte
Launch texture into revenue by May 1
Improve blended hourly ARR to $20 (weighted average based on # samples, price per sample, and throughput, starting at $7)
Secure our financial future
Hold total expenses to 10% below board-approved 2025 budget / financial plan
Secure Financing - Land $1M in financing
Expand use of AI tools to optimize each person's contributions
Apply for grants that will deliver $5M in non-dilutive money in the next two years
Enhance product core
Chemometrics: Build 4 foundation models (soil texture, SOM LOI, cannabis potency, frosting)
Unify software: Data architecture (May 1), networking (May 1), model infrastructure (June 1) and deployment (July 1)
R&D: Complete full design of one Design X sensor with increased capabilities
Take care of people
Complete annual salary benchmarking
Continue to respond to feedback by investing in manager development
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