Saddlebrook Resorts (SADDP)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	2.69M	2.69M	2.69M	2.69M	2.69M	2.69M
Cash burn (monthly)	(no burn)	(no burn)	162.67K	400.13K	58.52K	148.96K
Cash used (since last report)	n/a	n/a	2.42M	5.95M	870.59K	2.22M
Cash remaining	n/a	n/a	267.26K	-3.27M	1.82M	471.22K
Runway (months of cash)	n/a	n/a	1.6	-8.2	31.0	3.2

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Financial data from company earnings reports.

Financial report summary

Management Discussion

The Company’s total revenues decreased approximately $2,939,000 or about 41%, for the three months ended March 31, 2021 compared to the same period in the prior year. Total revenues for the Rental Pool decreased about $114,000, or about 6%.
Total costs and expenses decreased approximately $2,449,000 or about 34%, for the Company, and approximately $79,000 or about 15%, for the Rental Pool Operation.
The Company experienced a net loss for the quarter in the amount of approximately $622,000 compared to the net loss of the prior comparable quarter of approximately $83,000. Amounts available for distribution for the Rental Pool Operation decreased approximately $6,000 from the comparable period last year.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	8th grade Avg

New words: achieve, Aid, applied, assigned, assignee, classification, extension, forbearance, gain, improve, lower, meet, minimum, modification, optimistic, PPP, prepared, Prime, profitable, Promissory, recoverability, Relief, SBA, separate, stockholder, sufficient, trend, unpaid

Removed: bear, discussing, mature, mortgage, portion, refinancing, repay, terminate

From filing 10-Q 2021 Q1

Financial reports

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10-K/A

2020 FY

Annual report (amended)

7 Feb 22

NT 10-Q

Notice of late quarterly filing

16 Nov 21

NT 10-Q