Operations and financial workflow

Business model and cash channels

Available records indicate that Aurora First, Inc. sells Aurora mobile-app subscriptions through Stripe, Apple App Store, Google Play, and Paddle. The consolidated 2025 sales report and the January–May 2026 Adapty export are operational sales reports, not reconciled cash ledgers. The 2026 export does not identify its currency, so its totals should not be combined with USD management reporting without confirmation.

The 2025 Apple App Store workbook reports total sales of $16,753.655575 and Mercury payouts of $11,309.78. Payout dates run from March 2025 through January 2026, so sales-month totals and cash-settlement totals are not interchangeable. These figures are operational evidence and are not added to the cash-based P&L where independence from the underlying bank activity cannot be established.

Evidence:

Banking and bookkeeping transition

An April 2026 internal plan identifies Mercury and Chase as US banking relationships and Anna Money as the UK account. It describes a move from manual bank-download and spreadsheet categorization to automated bank synchronization and transaction categorization. The plan marks bank connections as completed, but the present evidence does not independently establish that the full migration, monthly-close routine, or planned reporting workflow was completed.

The available August 2025 Anna Money transaction export has headers only. A March 2026 mobile-screen capture shows partial Anna Money activity for Aurora First Ltd, including ANNA Subscription charges and payments to Nataliia Shagarina; it is not a complete formal statement and does not establish the business purpose of those payments. The available bank exports and statements do not establish a complete reconciled general ledger.

Evidence:

2025 statement coverage

The current statement-completeness schedule identifies 7 available month/account statements out of 36 possible combinations: Chase for January–March, Mercury for January and June, and Anna Money for August and November. The other 29 combinations are missing from the current records.

This is a document-coverage gap, not proof that every account was open or required a statement in every month. Opening and closing dates, inactive periods, and whether a statement was issued still need confirmation.

Evidence: 2025 statement-completeness schedule

Classification control

A 2025 counterparty-level decision log contains provisional P&L and non-P&L categories, confidence ratings, and evidence notes. Its accompanying control requires exact normalized-counterparty matching and leaves unsupported, conflicting, low-confidence, and NO-BACKING classifications open. These controls are workpaper guidance, not proof of tax treatment or a substitute for invoices, contracts, payroll records, or other source support.

Evidence:

January 2025 software and subscription schedule

A management schedule derived from the Mercury transaction export and the classification control identifies 31 sent USD cash charges across 23 vendors totaling $6,006.65 in January 2025 under Software, SaaS, and cloud tools. It separately excludes a $29.99 PayPal charge because the counterparty has multiple controlled categories and the transaction description does not establish that it was a subscription.

This schedule is not an independent transaction source and should not be added to the underlying Mercury activity again. It also does not consistently distinguish recurring subscriptions from software, cloud, and API usage.

Evidence: January 2025 subscription expense schedule

Intercompany operating terms

A signed agreement effective 28 July 2025 identifies Aurora First Ltd as the UK service company. It provides for reimbursement of service costs plus a provisional 5% markup on routine service costs unless the parties' accountants recommend otherwise. It permits pass-through items at cost when appropriate, requires supporting records and year-end balance reconciliation, and calls for annual review and possible true-up. Implementation is not established by the current invoices or accounting records.

Evidence: Intercompany services agreement

Related notes