Diagnostic Product Inventory: Capital needed to build an inventory for its Diagnostic device (31%)
Wearable Product Inventory: Capital needed to build an inventory for its Wearable device (14%)
Wearable Product Development: Expenses associated with the commercial development of its wearable prototype (11%).
Overhead: General overhead, including payroll costs for programmers and support staff. The company will not use any funds to pay its founders or Directors (11%).
Software: Software development expenses associated with completing its Wearable iOS and Android mobile applications (10%).
Marketing: Expenses associated with digital advertising, trade show participation, and outbound sales efforts (10%).
Legal and Certifications: Fees associated with upkeep and potential future filings to build out its IP portfolio and expenses related to its Diagnostic device certification (8%).
Intermediary Fees: Fees associated paid to the intermediary for this offering (5%).