Energo Labs Financial Statement of February-July 2018
Dear community:
We appreciate all your support and attention since the found of Energo Labs. We always adhere to the principle of openness and transparency, and we will regularly disclose our financial situation to the communities.
The following is a breakdown of the financial expenses of Energo Labs from February to July 2018.
Energo Labs financial expenses from February to July 2018


Expenditure description:
1. Employee salary and benefits: This part of expenditure includes salaries, insurance and other benefits for all employees.
2. Energo PR & Market cost: This part of expenditure includes overseas market expenditure and Chinese market expenditure.
3. Energo operation costs: Operating costs include office rent, business travel and accommodation, office administration expenses, and other miscellaneous expenses.
4. Energo legal expense: Cost of overseas legal services, cost of legal services in China.
5. Energo business development: This part of expenditure is for token launching on exchange.
6. Energo project investment.
