Question 1

Hi, interesting solution! A few questions for you: 1) How is the bathroom cleaning taken care of? 2) What are your costs per flush and/or per year/Throne? 3) What is your 2023 projected revenue and what makes you confident that you will achieve it? 4) Do users ever have to pay...

Accepted Answer

Thank you Lea, great questions: 1) Cleaning: We use a hybrid combination of scheduled and on-demand cleans to keep thrones sparkling, using historical usage data as inputs for scheduled cleanings, and real-time user feedback as inputs into on-demand cleaning needs. If a unit is in need of an urgent clean (based on user feedback), an on-demand cleaning visit is triggered from our centralized monitoring system. Depending on the severity of the cleanliness issue, the unit may be remotely turned ...

Question 2

Love the companies that are trying to solve the real world problems. For me and my family, public restroom was never an issue while in cities or along highways but it has been an issue at every national park, hiking trails, lakes etc., . It is so bad that none of my family mem...

Accepted Answer

Thanks Krishna. Great questions. While we do see a clear need for better bathroom infrastructure in cities and urbanized areas, we have heard plenty of similar sentiments about locations further from core infrastructure. In addition to the types of locations you have mentioned, we have gotten consistent feedback from large logistics companies that rural areas are the hardest places for their drivers to find a bathroom. Bathrooms are needed in a lot of places! In short, our platform being comp...

Question 3

Used a Throne today at Van Dyke Park. I loved it! Made my husband use it, and he too loved it. Where can I submit suggestions and consideration for future enhancements?

Accepted Answer

Thanks Kruti. So glad to hear it! We're loving the partnership with Fairfax City, and Van Dyke Park has been a great Throne spot. We'd love to hear your suggestions, please send us an email at info@thronelabs.co. Thanks!

Question 4

What is your capacity to manufacture thrones? How many can you make per month/year?

Accepted Answer

Thanks Yosef. We recently engaged in a manufacturing partnership with Satellite Industries, the US market leader in traditional portable sanitation manufacturing. They are manufacturing Thrones out of the same facility in which the majority of luxury restroom trailers sold in the US are built. Having just transitioned over to Satellite recently, we have established a pilot line to get up and running, producing about 5 Thrones per month currently. Based on recent demand from the DC market and ...

Question 5

Hi what is your current recurring revenue? I noticed you mentioned a hopefully 3x on recurring revenue locked in between March-May, what was it pre March?

Accepted Answer

Hi Yosef. We initiated our commercial launch March 12th, so pre-March revenue was effectively zero. To limit compliance risk, I'm advised not to share exact revenue numbers publicly at this stage, but I'm going to follow up with you now you directly in email, and I'm happy to provide all the specific financial details you are looking for and even hop on a call if you'd like. Thanks!

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