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

You should read the following discussion and analysis of FYTA, PBC’s financial condition and results of operations together with FYTA, PBC’s 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 the 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

A clean, sustainable active nutrition brand that provides the benefits of plants without sacrificing taste, texture, or versatility.

Milestones

FYTA, PBC was incorporated in the State of Delaware in May 2021.

Since then, we have:

- James Wilks, CEO, is the co-creator of the Game Changers.

- Exclusive partnership with Evergrain, a subsidiary of Anheuser Busch, which creates access to their data, marketing, R&D and distribution

- C-suite - 100 years combined experience with Coke, Nestle, Jamba Juice, CytoSport, Quest Nutrition.

- FYTA’s flagship product beat leading comparable products 3 to 1 in taste and texture at the National Food Lab.

- Launched a novel protein powder, with drinks, meal replacement powders and bars in the pipeline.

Historical Results of Operations

The company was organized in May 2021 and has limited operations upon which prospective investors may base an evaluation of its performance.

• Revenues & Gross Margin. For the period ended December 31, 2022, the Company had revenues of $0 compared to the year ended December 31, 2021, when the Company had revenues of $0.
• Assets. As of December 31, 2022, the Company had total assets of $1,103,012, including $217,610 in cash. As of December 31, 2021, the Company had $1,652,887 in total assets, including $1,491,548 in cash.
• Net Loss. The Company has had net losses of $1,402,705 and net losses of $396,676 for the fiscal years ended December 31, 2022 and December 31, 2021, respectively.
• Liabilities. The Company's liabilities totaled $2,901,793 for the fiscal year ended December 31, 2022 and $2,048,963 for the fiscal year ended December 31, 2021.

Liquidity & Capital Resources

To-date, the company has been financed with $4,000,000 in SAFEs and $24,802 in debt.

After the conclusion of this Offering, should FYTA, PBC hit the minimum funding target, the our projected runway is 9 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 are also accepting investment on another SAFE, with the same terms, from accredited investors.

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 9 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 FYTA, PBC’s 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

FYTA, PBC cash in hand is $103,000 as of Sept 2023. Over the last three months, revenues have averaged $33,752.47/month. Cost of goods sold has averaged $5,888/month with an average burn rate of $134,233 per month. The intent is to be profitable in 7 months.

FYTA, PBC successfully launched in late June 2023 with 3 flavors of Elite Plant Protein Pouches.

FYTA, PBC Revenues are expected to average $50K in the next 3 months and $100K in the following 3 months. FYTA, PBC would require between $600 to $700K in capital. 

FYTA, PBC is forecasted to be profitable within 7 months (March 2024) requiring $800K in capital.

FYTA, PBC completed the first SAFE raised July 31, 2023, raising $4M and is launching a $1.5M SAFE II raise on the same terms along with the WeFunder SAFE raise on the same terms (but focused non-accredited investors with a $250 minimum). FYTA, PBC will use funds from SAFE I and SAFE II plus WeFunder to cover the burn throughout the campaign.

All projections in the above narrative are forward-looking and not guaranteed.