Md Saiadul Alam

Management Report LEO CLINIC INC For the period ended December 31, 2022 Prepared by Saiadul Bookkeeping Service Prepared on June 24, 2024 For management use only Table of Contents Profit and Loss ......................................................................................................................................................3 Balance Sheet.......................................................................................................................................................6 Statement of Cash Flows......................................................................................................................................7 2/7 Profit and Loss January - December 2022 Total INCOME AirBnB Clinician Contractor Income Income From Trinity Day School Medicaid Deposit Payment for Services by Insurance Aetna Anthem Cigna State of CT DSS Medicaid 1,-,041.68 3,-,-,-,633.96 4,-,057.57 Total Payment for Services by Insurance Payment for Services Self-Pay Services Income Turo Income 493,030.78 8,-,760.03 5,269.94 Total Income 922,465.34 GROSS PROFIT 922,465.34 EXPENSES Advertising & marketing Auto Tax Business Insurance Business licenses Contract labor Contributions to charities Cost of Labor (Shuttle Bus Conversion) DPH License Fee 5,-,620.86 1,500.00 5,064.48 1,000.00 Employee benefits Employee retirement plans Workers' compensation insurance 5,466.71 1,952.75 Total Employee benefits Entertainment Employee Gifts Employee Morale 7,419.46 1,- Total Entertainment General business expenses Bank fees & service charges Building Inspection Office Moving Total Building Inspection Continuing education Dental Expense General Business Expenses (Dental Care) LEO CLINIC INC 2,207.73 1,-,-/7 Total General Business Expenses (Primary Care) 330.20 Memberships & subscriptions Promotional Clothing (Marketing) Uniforms 30,835.03 2,- Total General business expenses Insurance Liability insurance 43,443.86 6,- Total Insurance Interest paid Legal & accounting services Accounting fees Consult with Policy/Procedure Editing and Review Consultant Lead Testing Legal Fees 6,-,341.93 5,331.01 1,- Total Legal & accounting services Meals Employee Morale Meals Meals with clients Travel meals 9,830.12 2,493.91 2,-,- Total Meals Medical Malpractice Payments 19,355.90 5,477.60 Office expenses COVID Test Expense for Patient Printing & photocopying Shipping & postage - Total Office expenses Payroll expenses Payroll taxes Salaries & wages -,-,-,536.51 Total Payroll expenses Rent Expense Repairs & maintenance Security Expense Supplies & Materials Taxes paid Property taxes 688,-,-,-,876.62 6,- Total Taxes paid Travel Expense Airfare Hotels Taxis or shared rides Towing & Labor LEO CLINIC INC 7,210.43 4,686.42 1,948.13 1,525.58 1,- 4/7 Total Vehicle rental 526.73 Total Travel Expense Utilities Electricity Heating & cooling Phone service Water Testing 10,-,- Total Utilities Vehicle expenses Parking & tolls Vehicle gas & fuel Vehicle insurance Vehicle registration Vehicle repairs Vehicle wash & road services 5,-,-,545.55 3,-,- Total Vehicle expenses Virtual Assistant 22,472.49 3,059.23 Total Expenses NET OPERATING INCOME OTHER INCOME Dividend Income Insurance Reimbursement 964,432.82 -41,- Total Other Income 92.94 NET OTHER INCOME 92.94 NET INCOME LEO CLINIC INC $ -41,874.54 5/7 Balance Sheet As of December 31, 2022 Total ASSETS Current Assets Bank Accounts American Eagle # 3927 American Eagle Checking # 4991 American Eagle Saving # 4998 Liberty Bank # 3545 Total Bank Accounts 3,-,-,219.37 Accounts Receivable Accounts Receivable (A/R) 2,000.00 Total Accounts Receivable 2,000.00 Total Current Assets Fixed Assets Furniture & fixtures Long-term office equipment 28,-,549.00 Tools, machinery, and equipment Vehicles -,000.00 Total Fixed Assets 17,684.95 Other Assets Secuirty Deposit Total Other Assets TOTAL ASSETS 10,-,000.00 $55,904.32 LIABILITIES AND EQUITY Liabilities Current Liabilities Credit Cards Capitol One Credit Card ending 9315 SB Demand Line of Credit (9349) - 3 4,-,866.06 Total Credit Cards 37,782.90 Total Current Liabilities 37,782.90 Total Liabilities 37,782.90 Equity Opening balance equity Owner Draw 71,644.34 -11,648.38 Retained Earnings Net Income -41,874.54 Total Equity TOTAL LIABILITIES AND EQUITY LEO CLINIC INC 18,121.42 $55,904.32 6/7 Statement of Cash Flows January - December 2022 Total OPERATING ACTIVITIES Net Income Adjustments to reconcile Net Income to Net Cash provided by operations: Accounts Receivable (A/R) Capitol One Credit Card ending 9315 SB Demand Line of Credit (9349) - 3 Total Adjustments to reconcile Net Income to Net Cash provided by operations: Net cash provided by operating activities INVESTING ACTIVITIES Furniture & fixtures Long-term office equipment Tools, machinery, and equipment Vehicles Secuirty Deposit Net cash provided by investing activities FINANCING ACTIVITIES Opening balance equity Owner Draw Net cash provided by financing activities NET CASH INCREASE FOR PERIOD CASH AT END OF PERIOD LEO CLINIC INC -41,874.54 -2,000.00 4,-,-,782.90 -6,091.64 -466.87 -1,549.00 -669.08 -15,000.00 -10,000.00 -27,-,644.34 -11,-,-,219.37 $26,219.37 7/7