Annual Numbers Per 1000 Cows 9.2M dairy cows & 95M beef cows in US alone Low startup risk - SG&A, R&D nearly paid for Introductory gross margin on 500 units = $194 / 63.6% Margin improves with Device Economics per 1000 Cows Annual Unit Needs per 1000 Cows Annual Sales Revenue per 1000 cows Annual COGS of 1000 Cows Annual Profit Margin Annualized Gross Margin Per 1000 cows Reusable- Annual Controller & Stimulator 70 $24,500.00 $6,440.00 $18,060.00 74% Charger 1 $60.00 $20.00 $40.00 67% Subtotal $24,560.00 $6,460.00 $18,100.00 74% Single Use Sleeve 1000 $9,000.00 $4,750.00 $4,250.00 47% Strap 1000 $1,000.00 $1,000.00 $0.00 0% Agricultural Adhesive 1000 $5,000.00 $5,000.00 $0.00 0% Subtotal $15,000.00 $10,750.00 $4,250.00 28% Blended Totals $39,560.00 $17,210.00 $22,350.00 56%