Management’s Discussion and Analysis of Financial Condition and Results of Operations

You should read the following discussion and analysis of our financial condition and results of operations together with our financial statements and the related notes and other financial information included elsewhere in this offering. Some of the information contained in this discussion and analysis, including information regarding the strategy and plans for our business, includes forward-looking statements that involve risks and uncertainties. You should review the "Risk Factors" section for a discussion of important factors that could cause actual results to differ materially from the results described in or implied by the forward-looking statements contained in the following discussion and analysis.

Overview

We produce digital media focused on STEM with the twist of being exciting and inspirational.  We are also working with two of the most accomplished producers in Hollywood to create a new TV show. 

Both the digital and traditional media channels have two goals:

1.  Create revenue and stakeholder value

2.  Have an impact that inspires interest in science, engineering and space.

We hope to be profitable, a top 10 digital influencer online, and a number one reality TV show. Inspiring students and adults to love science and engineering

Given the Company’s limited operating history, the Company cannot reliably estimate how much revenue it will receive in the future, if any.

Milestones

Back To Space, LLC was incorporated in the State of Texas in December 2017.

Since then, we have:

• Serial entrepreneurs on the team have started 31 companies, creating over $6 billion in wealth for stakeholders.
• The Back To Space impact is essential for corporations hiring engineers and scientists in the US.
• While producing value for stakeholders, we will change the world, and mostly, have fun.

Historical Results of Operations

Our company was organized in December 2017 and has limited operations upon which prospective investors may base an evaluation of its performance.

• Revenues & Gross Margin. For the period ended December 31, 2019, the Company had revenues of $17,450 compared to the year ended December 31, 2018, when the Company had revenues of $118,457.
• Assets. As of December 31, 2019, the Company had total assets of $919, all of which is cash. As of December 31, 2018, the Company had $92,054 in total assets.
• Net Loss. The Company has had net losses of $848,020 and $671,574 for the fiscal years ended December 31, 2019 and December 31, 2018, respectively.
• Liabilities. The Company's liabilities totaled $384,370 for the fiscal year ended December 31, 2019 and $8,493 for the fiscal year ended December 31, 2018.

Liquidity & Capital Resources

To-date, the company has been financed with $40,000 in debt and $1,136,190 in equity.

After the conclusion of this Offering, should we hit our minimum funding target, our projected runway is 2 months before we need to raise further capital.

We plan to use the proceeds as set forth in this Form C under "Use of Funds". We don’t have any other sources of capital in the immediate future.

We will likely require additional financing in excess of the proceeds from the Offering in order to perform operations over the lifetime of the Company. We plan to raise capital in 24 months. Except as otherwise described in this Form C, we do not have additional sources of capital other than the proceeds from the offering. Because of the complexities and uncertainties in establishing a new business strategy, it is not possible to adequately project whether the proceeds of this offering will be sufficient to enable us to implement our strategy. This complexity and uncertainty will be increased if less than the maximum amount of securities offered in this offering is sold. The Company intends to raise additional capital in the future from investors. Although capital may be available for early-stage companies, there is no guarantee that the Company will receive any investments from investors.

Runway & Short/Mid Term Expenses

Back To Space, LLC cash in hand is $23,945, as of November 2019. Over the last three months, revenues have averaged $0/month, cost of goods sold has averaged $29,190/month, and operational expenses have averaged $81,400/month, for an average burn rate of $110,590 per month. Our intent is to be profitable in 24 months.

The financial statements are as of November 14, 2019 and this entry is as of November 16, 2019 so there has been little change. We have received an additional investment of $25,000. In addition, our social media subscribers have increased substantially.

We have access to capital from private individuals and expect to due so in the future. We expect our social media revenue to increase substantially over the next six months, but we also intend to ramp up our social media expense to accelerate the trend. If need be, we can also use personal capital from the founding team and pause operations to limit expenses.

We hope to air our television program in Fall of 2020. The total cost of the first season will cost approximately $12 million to complete. Our goal is to have whatever television network that agrees to air the show fund the remainder of the cost, as that is typical in the industry. If that does not work, we will solicit accredited investors in our network to fund a total of $4,000,000, which we can use to create a smaller season of the show than we originally hope.

In season 1, we hope to generate approximately $100,000 per episode in revenue, although this cannot be guaranteed. We hope to produce 12 episodes per season at two seasons per calendar year with the intent of growing each year.