Radworks Financial Reporting for August 2023

📣 Updates & Reporting 📊 Ops Committee Updates & Reporting
1

Hi Community,

Please see below insights on Monthly Financial Report for August, 2023.

You can view the report here

Highlighted Content and Notes for the Report:

  • Slide 3 - Governance Committee compensation increased 42% from last month due to third party, Apiary used for governance guidance
  • Slide 3 - Ops Committee expenses decreased 40% due to savings in legal expenses
  • Slide 12: Grants Org $150K in August used to fund the Drips platform as per Bor Dumb

Please respond to this post with any questions

@ange @abbey @sean @bordumb @cloudhead @lftherios for visibility

2

Hi Yuvalis!

Thanks a bunch for this.

Some context for others: the $150K in August was not a lump sum that was sent. It topped up our Drips balance.

We are working to move 100% of our grants to Drips. So such top-up transactions will become the norm. So the best place to see our ongoing spending of those funds onboarded to Drips is our Drips profile below:

3

Thanks Bordumb for the additional context for everyone!