Lotus

“I think there are real gems in these areas where people categorically pass.”

“The total we've raised to date is four 25. In this specific round, in just the past couple of weeks, we raised two 25 K. That, that money was an offer that we got that came in at a fourteen million post-money valuation cap.”

“We have five signed LOIs and five verbal commitments, and then another 12 in the pipeline.”

“At that price point, if we only built a thousand units, our gross margin is 64%. And if we build 10,000 units, which is actually what the state of New York wants, It's 75%”

“As of right now, as of this moment, we are oversubscribed.”

“Our supply chain right now timing is about a month and a half... To go from complete design on paper to end units in hand.”

“We have one signed customer, actually they've even given us a 50% deposit, and so we have some booked revenue, but primarily we're pre-product, pre-revenue.”

“The pitch fund got in though. It's our first hardware deal.”

“We've got 14 pilots in just 30 days.”

“And that's exactly what happened for the past one week. I've been getting a commitment every day. One check a day. And the check sizes have been increasing in size, not decreasing.”

“And so instead of charging it every day like an Apple Watch, or every three days like an Aura Ring, you only need to charge once every 90 days.”