$1.2M annualized productivity gains from AI. Bugs down 40%. Google Cloud partner. GenAI launches in 2025.
⚠️
Cash Pressure
$762K cash, $2.9M debt. No equity since 2019. Creates urgency: either profitability, raise, or exit.
🛡️
Your Position
Termination deal preserves all options until Dec 2030. No action needed until exit or expiry approaches.
Your Action Plan
1
Do nothing right now
Don't exercise options yet — no benefit to paying €3,789 for illiquid shares when you can wait.
2
Request updates annually
You're a shareholder. Ask for AGM materials and annual accounts each year to track profitability and ARR.
3
Watch for trigger events
Acquisition interest, fundraise, or IPO talk. The co-sale clause means you'll be notified.
4
Get tax advice (Portugal)
Consultant stock option taxation in Portugal is specific. Talk to an advisor before exercising or before any exit.
5
Hard deadline: mid-2030
If no exit by then, decide whether €3,789 is worth paying to hold shares indefinitely — or let options expire.
Illustrative only. Actual outcomes depend on cap table, liquidation waterfall, participation rights, and other terms. Not financial or tax advice — consult professionals for your specific situation.