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Financial Overview

Use of Funds · Burn Rate · Bill of Materials — single source, edited live

Use of Funds
Burn Rate
Bill of Materials

Stage A — Use of Funds

Stage B — Use of Funds

Detailed Cost Breakdown — Stage A + B

Edit PLN values; USD & % recompute on save · Rate: PLN/USD
CategoryStage A (PLN)Stage A ($)Stage B (PLN)Stage B ($)Total (PLN)Share
Exchange rate: PLN/USD. Costs based on Polish cost structure — approximately 3–4× lower than US equivalents. Non-dilutive grants (PARP, NCBR, Eurostars) apply on top of equity and could reduce effective dilution by up to 30%.

Monthly Cash Burn & Runway — Stage A + B (30 months, tranche top-up at M19)

Burn by Category (Monthly avg, Stage A)

Headcount Growth (FTE)

Monthly Cost Structure — Stage A

CategoryMonthly avg ($)Monthly avg (PLN)Stage A total ($)% of stage

Cell BoM — Component Cost Share (lab scale)

Cost Reduction Path ($/kWh)

Cell Bill of Materials — Lab-scale vs Target

ComponentMaterial$/kWh (lab)$/kWh (target)Cost reduction lever
Membrane-free advantage: eliminating the ion-exchange membrane (typically $100–200/kWh in vanadium flow) is WiS's core structural cost advantage. Detailed BoM with supplier quotes available under NDA.