Jelurida Financial Report 2021

In line with what was promised in the Jelurida Whitepaper, these are the relevant spending metrics we would like to report for the 2021 financial year:

1. The total spent on marketing and promotion in the above period was 521k CHF. This includes participation in various crypto and blockchain conferences, payments to marketing agencies and partners.

2. The total spent on product development and research, including salaries for employees and payments to contractors, as well as payroll overhead, was 1.74M CHF.

3. Total administrative and legal costs of running the company, including various legal services costs, payments for legal opinions for exchanges and protection of the intellectual property of the software were 174k CHF.

4. Total other expenses were 502k CHF. This number includes various banking fees, exchange rate losses, financial services fees and payments to various service providers.

The total expenses up until 31.12.2021 were 2.94M CHF. The total paid corporate income tax for 2021 was 4.2M CHF.

In our whitepaper we committed to publishing these financial reports until 80% of the original contributed amount has been spent, and this percentage has now been exceeded.