# NEAR EARTH, LLC X-17A-5 (2023-03-31) — Broker-dealer annual report - Company: NEAR EARTH, LLC - Form: X-17A-5 - Filed: 2023-03-31 - Period: 2022-12-31 - Accession: 0001222417-23-000001 - CIK: 1222417 - File #: 8-65846 - Type: Broker-dealer - Material weakness: No - Auditor: WWC, P.C. Certified Public Accountants - Auditor location: New York, NY - Contact: Hoyt Davidson - Phone: 203-972-9062 - Email: hoyt@nearearthllc.com - Website: nearearthllc.com - Signed by: Hoyt Davidson (Managing Member) Original filing: https://www.sec.gov/Archives/edgar/data/1222417/000122241723000001/ne22s2.pdf --- {0}------------------------------------------------ ## NEAR EARTH, LLC STATEMENT OF FINANCIAL CONDITION AND Supplemental Schedule DECEMBER 31, 2022 {1}------------------------------------------------ #### **UNITED ST ATES** 0MB APPROVAL **SECURJTIES AND EXCHANGE COMMISSION Washington~ D.C. 20549** # **ANNUAL REPORTS FORMX-17A-5 PART** III | 0MB Number: 3235-0123 | | |--------------------------|--| | Expires: Oct. 31, 2023 | | | Estimated average burden | | | hours per response: 12 | | | | | SEC FILE NUMER 8- 65846 | | FACING PAGE
Information Required Pursuant to Rules 17a-5, 17a-12, and l8a-7 under the Securities Exchange Act ofl 934 | | | |---------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------|-----------------------------------------|------------| | FILING FOR THE PERIOD BEGINNING 0 1/01 /22 | | | 12131122 | | | AND ENDING
MM/DD/YY
MM/DDNY | | | | | A. REGISTRANT IDENTIFICATION | | | | NAME oF FIRM: _
_ | _____________
_ N_e_a_r _E_a_rt_h_L_L_C | | _ | | TYPE OF REGISTRANT (check all applicable boxes):
~ Broker-dealer | D Security-based swap dealer
□ Check here if respondent is also an OTC derivatives dealer | D Major security-based swap participant | | | | ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) | | | | 945 WEST ROAD, | | | | | | (No. and Street) | | | | NEW CANAAN | CT | 06840 | | | (City) | (State) | | (Zip Code) | | | PERSON TO CONTACT WITH REGARD TO THIS FlLING | | | | Hoyt Davidson | (203) 972-9062 | hoyt@nearearthllc.com | | | (Name) | (Area Code - Telephone Number) | (Email Address) | | | | B. ACCOUNT ANT IDENTIFICATION | | | | | INDEPENDENT PUBLIC ACCOUNT ANT whose reports are contained in this filing* | | | | WWC, Professional Corporation | | | | | | (Name - if individual, state last, first, and middle name) | | | | | 633 Third Avenue, 19th Floor Suite B New York | NY | 10017 | | (Address) | (City) | (State) | (Zip Code) | | | | | | (Date of Regislrntion with PCAOB)(if applicable) (PCAOB Registration Number, ifapplicable) #### **FOR OFFICIAL USE ONLY** \* Claims for exemption from the requirement that the annual reports be covered by the reports of an independent public accountant must be supported by a statement of facts and circumstances relied on as the basis of the exemption. See 17 CFR 240. I 7a-5(e)(l )(ii), if applicable. Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid 0MB control number. {2}------------------------------------------------ #### **AFFIRMATION** I, Hoyt Davidson , swear (or affirm) that, to the best of my knowledge and belief, the financial repo1t pertaining to Near Earth LLC as of 12/31/22 , is true and correct. I further swear (or affirm) that neither the company nor any partner, officer, director, or equivalent person, as the case may be, has any proprietaiy interest in any account classified solely as that of a customer. **m&NAOt** wG tlJhtlRtf **Title** ,----· ·-······-·····-··-·-···•·······•····•---, • **RAQUEL A CASIANO** Notary Public, State oi Connecticut My Commission Expires May 31 , 2025 --------- - ----~-- - -~-- --···· - {3}------------------------------------------------ ## **dŚŝƐĨŝůŝŶŐΎΎĐŽŶƚĂŝŶƐ;ĐŚĞĐŬĂůůĂƉƉůŝĐĂďůĞďŽdžĞƐͿ͗** - D ^ƚĂƚĞŵĞŶƚŽĨĨŝŶĂŶĐŝĂůĐŽŶĚŝƚŝŽŶ͘ [El - E EŽƚĞƐƚŽƵŶĐŽŶƐŽůŝĚĂƚĞĚŽƌĐŽŶƐŽůŝĚĂƚĞĚƐƚĂƚĞŵĞŶƚŽĨĨŝŶĂŶĐŝĂůĐŽŶĚŝƚŝŽŶ͕ĂƐĂƉƉůŝĐĂďůĞ͘ [El - F ^ƚĂƚĞŵĞŶƚŽĨŝŶĐŽŵĞ;ůŽƐƐͿŽƌ͕ŝĨƚŚĞƌĞŝƐŽƚŚĞƌĐŽŵƉƌĞŚĞŶƐŝǀĞŝŶĐŽŵĞŝŶƚŚĞƉĞƌŝŽĚ;ƐͿƉƌĞƐĞŶƚĞĚ͕ĂƐƚĂƚĞŵĞŶƚŽĨ ĐŽŵƉƌĞŚĞŶƐŝǀĞŝŶĐŽŵĞ;ĂƐĚĞĨŝŶĞĚŝŶΑϮϭϬ͘ϭͲϬϮŽĨZĞŐƵůĂƚŝŽŶ^ͲyͿ͘ □ - G ^ƚĂƚĞŵĞŶƚŽĨĐĂƐŚĨůŽǁƐ͘ □ - H ^ƚĂƚĞŵĞŶƚŽĨĐŚĂŶŐĞƐŝŶƐƚŽĐŬŚŽůĚĞƌƐ͛ŽƌƉĂƌƚŶĞƌƐ͛ŽƌŵĞŵďĞƌƐ͛ŽƌƐŽůĞƉƌŽƉƌŝĞƚŽƌ͛ƐĞƋƵŝƚLJ͕ĂƐĂƉƉůŝĐĂďůĞ͘ □ - I ^ƚĂƚĞŵĞŶƚŽĨĐŚĂŶŐĞƐŝŶůŝĂďŝůŝƚŝĞƐƐƵďŽƌĚŝŶĂƚĞĚƚŽĐůĂŝŵƐŽĨĐƌĞĚŝƚŽƌƐ͘ □ - J EŽƚĞƐƚŽƵŶĐŽŶƐŽůŝĚĂƚĞĚŽƌĐŽŶƐŽůŝĚĂƚĞĚĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐ͕͕ĂƐĂƉƉůŝĐĂďůĞ͘ □ - K ŽŵƉƵƚĂƚŝŽŶŽĨŶĞƚĐĂƉŝƚĂůƵŶĚĞƌϭϳ&ZϮϰϬ͘ϭϱĐϯͲϭŽƌϭϳ&ZϮϰϬ͘ϭϴĂͲϭ͕ĂƐ ĂƉƉůŝĐĂďůĞ͘ □ - L ŽŵƉƵƚĂƚŝŽŶŽĨƚĂŶŐŝďůĞŶĞƚǁŽƌƚŚƵŶĚĞƌϭϳ&ZϮϰϬ͘ϭϴĂͲϮ͘ □ - M ŽŵƉƵƚĂƚŝŽŶĨŽƌĚĞƚĞƌŵŝŶĂƚŝŽŶŽĨĐƵƐƚŽŵĞƌƌĞƐĞƌǀĞƌĞƋƵŝƌĞŵĞŶƚƐƉƵƌƐƵĂŶƚƚŽdžŚŝďŝƚƚŽϭϳ&ZϮϰϬ͘ϭϱĐϯͲϯ͘ □ - N ŽŵƉƵƚĂƚŝŽŶĨŽƌĚĞƚĞƌŵŝŶĂƚŝŽŶŽĨƐĞĐƵƌŝƚLJͲďĂƐĞĚƐǁĂƉƌĞƐĞƌǀĞƌĞƋƵŝƌĞŵĞŶƚƐƉƵƌƐƵĂŶƚƚŽdžŚŝďŝƚƚŽϭϳ&Z ϮϰϬ͘ϭϱĐϯͲϯŽƌdžŚŝďŝƚƚŽϭϳ&ZϮϰϬ͘ϭϴĂͲϰ͕ĂƐĂƉƉůŝĐĂďůĞ͘ □ - O ŽŵƉƵƚĂƚŝŽŶĨŽƌĞƚĞƌŵŝŶĂƚŝŽŶŽĨWZĞƋƵŝƌĞŵĞŶƚƐƵŶĚĞƌdžŚŝďŝƚƚŽΑϮϰϬ͘ϭϱĐϯͲϯ͘ □ - P /ŶĨŽƌŵĂƚŝŽŶƌĞůĂƚŝŶŐƚŽƉŽƐƐĞƐƐŝŽŶŽƌĐŽŶƚƌŽůƌĞƋƵŝƌĞŵĞŶƚƐĨŽƌĐƵƐƚŽŵĞƌƐƵŶĚĞƌϭϳ&ZϮϰϬ͘ϭϱĐϯͲϯ͘ □ - Q /ŶĨŽƌŵĂƚŝŽŶƌĞůĂƚŝŶŐƚŽƉŽƐƐĞƐƐŝŽŶŽƌĐŽŶƚƌŽůƌĞƋƵŝƌĞŵĞŶƚƐĨŽƌƐĞĐƵƌŝƚLJͲďĂƐĞĚƐǁĂƉĐƵƐƚŽŵĞƌƐƵŶĚĞƌϭϳ&Z ϮϰϬ͘ϭϱĐϯͲϯ;ƉͿ;ϮͿŽƌϭϳ&ZϮϰϬ͘ϭϴĂͲϰ͕ĂƐĂƉƉůŝĐĂďůĞ͘ □ - R ZĞĐŽŶĐŝůŝĂƚŝŽŶƐ͕ŝŶĐůƵĚŝŶŐĂƉƉƌŽƉƌŝĂƚĞĞdžƉůĂŶĂƚŝŽŶƐ͕ŽĨƚŚĞ&Kh^ZĞƉŽƌƚǁŝƚŚĐŽŵƉƵƚĂƚŝŽŶŽĨŶĞƚĐĂƉŝƚĂůŽƌƚĂŶŐŝďůĞ ŶĞƚǁŽƌƚŚƵŶĚĞƌϭϳ&ZϮϰϬ͘ϭϱĐϯͲϭ͕ϭϳ&ZϮϰϬ͘ϭϴĂͲϭ͕Žƌϭϳ&ZϮϰϬ͘ϭϴĂͲϮ͕ĂƐĂƉƉůŝĐĂďůĞ͕ĂŶĚƚŚĞƌĞƐĞƌǀĞƌĞƋƵŝƌĞŵĞŶƚƐ ƵŶĚĞƌϭϳ&ZϮϰϬ͘ϭϱĐϯͲϯŽƌϭϳ&ZϮϰϬ͘ϭϴĂͲϰ͕ĂƐĂƉƉůŝĐĂďůĞ͕ŝĨŵĂƚĞƌŝĂůĚŝĨĨĞƌĞŶĐĞƐĞdžŝƐƚ͕ŽƌĂƐƚĂƚĞŵĞŶƚƚŚĂƚŶŽŵĂƚĞƌŝĂů ĚŝĨĨĞƌĞŶĐĞƐĞdžŝƐƚ͘ □ - S ^ƵŵŵĂƌLJŽĨĨŝŶĂŶĐŝĂůĚĂƚĂĨŽƌƐƵďƐŝĚŝĂƌŝĞƐŶŽƚĐŽŶƐŽůŝĚĂƚĞĚŝŶƚŚĞƐƚĂƚĞŵĞŶƚŽĨĨŝŶĂŶĐŝĂůĐŽŶĚŝƚŝŽŶ͘ □ - T KĂƚŚŽƌĂĨĨŝƌŵĂƚŝŽŶŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚϭϳ&ZϮϰϬ͘ϭϳĂͲϱ͕ϭϳ&ZϮϰϬ͘ϭϳĂͲϭϮ͕Žƌϭϳ&ZϮϰϬ͘ϭϴĂͲϳ͕ĂƐĂƉƉůŝĐĂďůĞ͘ [El - U ŽŵƉůŝĂŶĐĞƌĞƉŽƌƚŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚϭϳ&ZϮϰϬ͘ϭϳĂͲϱŽƌϭϳ&ZϮϰϬ͘ϭϴĂͲϳ͕ĂƐĂƉƉůŝĐĂďůĞ͘ □ - V džĞŵƉƚŝŽŶƌĞƉŽƌƚŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚϭϳ&ZϮϰϬ͘ϭϳĂͲϱŽƌϭϳ&ZϮϰϬ͘ϭϴĂͲϳ͕ĂƐĂƉƉůŝĐĂďůĞ͘ □ - W /ŶĚĞƉĞŶĚĞŶƚƉƵďůŝĐĂĐĐŽƵŶƚĂŶƚ͛ƐƌĞƉŽƌƚďĂƐĞĚŽŶĂŶĞdžĂŵŝŶĂƚŝŽŶŽĨƚŚĞƐƚĂƚĞŵĞŶƚŽĨĨŝŶĂŶĐŝĂůĐŽŶĚŝƚŝŽŶ͘ [El - X /ŶĚĞƉĞŶĚĞŶƚƉƵďůŝĐĂĐĐŽƵŶƚĂŶƚ͛ƐƌĞƉŽƌƚďĂƐĞĚŽŶĂŶĞdžĂŵŝŶĂƚŝŽŶŽĨƚŚĞĨŝŶĂŶĐŝĂůƌĞƉŽƌƚŽƌĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐƵŶĚĞƌ ϭϳ&ZϮϰϬ͘ϭϳĂͲϱ͕ϭϳ&ZϮϰϬ͘ϭϴĂͲϳ͕Žƌϭϳ&ZϮϰϬ͘ϭϳĂͲϭϮ͕ĂƐĂƉƉůŝĐĂďůĞ͘ □ - Y /ŶĚĞƉĞŶĚĞŶƚƉƵďůŝĐĂĐĐŽƵŶƚĂŶƚ͛ƐƌĞƉŽƌƚďĂƐĞĚŽŶĂŶĞdžĂŵŝŶĂƚŝŽŶŽĨĐĞƌƚĂŝŶƐƚĂƚĞŵĞŶƚƐŝŶƚŚĞĐŽŵƉůŝĂŶĐĞƌĞƉŽƌƚƵŶĚĞƌ ϭϳ&ZϮϰϬ͘ϭϳĂͲϱŽƌϭϳ&ZϮϰϬ͘ϭϴĂͲϳ͕ĂƐĂƉƉůŝĐĂďůĞ͘ □ - Z /ŶĚĞƉĞŶĚĞŶƚƉƵďůŝĐĂĐĐŽƵŶƚĂŶƚ͛ƐƌĞƉŽƌƚďĂƐĞĚŽŶĂƌĞǀŝĞǁŽĨƚŚĞĞdžĞŵƉƚŝŽŶƌĞƉŽƌƚƵŶĚĞƌϭϳ&ZϮϰϬ͘ϭϳĂͲϱŽƌϭϳ &ZϮϰϬ͘ϭϴĂͲϳ͕ĂƐĂƉƉůŝĐĂďůĞ͘ □ - [ ^ƵƉƉůĞŵĞŶƚĂůƌĞƉŽƌƚƐŽŶĂƉƉůLJŝŶŐĂŐƌĞĞĚͲƵƉŽŶƉƌŽĐĞĚƵƌĞƐ͕ŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚϭϳ&ZϮϰϬ͘ϭϱĐϯͲϭĞŽƌϭϳ&Z ϮϰϬ͘ϭϳĂͲϭϮ͕ĂƐĂƉƉůŝĐĂďůĞ͘ □ - \ ZĞƉŽƌƚĚĞƐĐƌŝďŝŶŐĂŶLJŵĂƚĞƌŝĂůŝŶĂĚĞƋƵĂĐŝĞƐĨŽƵŶĚƚŽĞdžŝƐƚŽƌĨŽƵŶĚƚŽŚĂǀĞĞdžŝƐƚĞĚƐŝŶĐĞƚŚĞĚĂƚĞŽĨƚŚĞƉƌĞǀŝŽƵƐ ĂƵĚŝƚ͕ŽƌĂƐƚĂƚĞŵĞŶƚƚŚĂƚŶŽŵĂƚĞƌŝĂůŝŶĂĚĞƋƵĂĐŝĞƐĞdžŝƐƚ͕ƵŶĚĞƌϭϳ&ZϮϰϬ͘ϭϳĂͲϭϮ;ŬͿ͘ □ - ] KƚŚĞƌ͗ □ *ΎΎdŽƌĞƋƵĞƐƚĐŽŶĨŝĚĞŶƚŝĂůƚƌĞĂƚŵĞŶƚŽĨĐĞƌƚĂŝŶƉŽƌƚŝŽŶƐŽĨƚŚŝƐĨŝůŝŶŐ͕ƐĞĞϭϳ&ZϮϰϬ͘ϭϳĂͲϱ;ĞͿ;ϯͿŽƌϭϳ&ZϮϰϬ͘ϭϴĂͲ* *ϳ;ĚͿ;ϮͿ͕ĂƐĂƉƉůŝĐĂďůĞ.* {4}------------------------------------------------ ![](_page_4_Picture_0.jpeg) #### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Board of Directors and Shareholders of Near Earth, LLC #### Opinion on the Financial Statements We have audited the accompanying statement of financial condition of Near Earth, LLC as of December 31, 2022, and the related notes and supplemental schedules (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of Near Earth, LLC as of December 31, 2022, in conformity with accounting principles generally accepted in the United States of America. #### Basis for Opinion These financial statements are the responsibility of Near Earth, LLC's management. Our responsibility is to express an opinion on Near Earth, LLC's financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to Near Earth, LLC in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misther due to error or fraud. Our audit included performing procedures to assess the risks of material misstatements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audit provides a reasonable basis for our opinion. WWC,P.C WWC. P.C. Certified Public Accountants PCAOB ID No. 1171 We have served as Near Earth, LLC's auditor since 2022. San Mateo, CA March 28, 2023 {5}------------------------------------------------ ## NEAR EARTH, LLC STATEMENT OF FINANCIAL CONDITION DECEMBER 31, 2022 #### ASSETS | S
Cash and cash equivalents | | 21,661 | |---------------------------------------|----|---------| | Accounts receivable | | 52,550 | | Investments (Note 1) | | 300,006 | | Other assets | | રીતે | | Total assets | as | 374,726 | | LIABILITIES AND MEMBERS' EQUITY | | | | Liabilities: | | | | Accounts payable and accrued expenses | S | 6,348 | | Members' equity | | 368,378 | | Total liabilities and members' equity | ಕಿ | 374,726 | The accompanying notes are an integral part of this statement {6}------------------------------------------------ ## NEAR EARTH, LLC NOTES TO FINANCIAL STATEMENT DECEMBER 31, 2022 #### 1. Nature of business and summary of significant accounting policies #### Nature of Operations Near Earth, LLC (the "Company"), a Limited Liability Company, is a broker-dealer registered with the Securities and Exchange Commission ("SEC") pursuant to section 15(b) of the Securities Exchange Act of 1934. The Company is also a member of the Financial Industry Regulatory Authority ("FINRA"). The Company earns consulting and advisory fees, including compensation in the form of stock or stock options, from providing investment banking services through its participation in private placement offerings and providing merger and acquisition, financial advisory and general corporate consulting services to companies. The liability of each member is limited to their capital account balance with the Company. #### Basis of Presentation The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America ("GAAP") which requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the amounts of revenues and expenses during the reporting period. actual results could differ from these estimates. ## Cash Equivalents The Company considers money market mutual funds and other highly-liquid investments with original maturities of three months or less to be cash equivalents. #### Income Taxes The Company is taxed as a partnership for income tax purposes. The Company's income or loss is taken into consideration in the tax returns of its members for federal and state income tax purposes. In addition, it pays state income taxes on behalf of the individual members. These are treated as capital distributions. {7}------------------------------------------------ ## **1(\$5(\$57+//&** 127(672),1\$1&,\$/67\$7(0(17 &217,18(' '(&(0%(5 **1DWXUHRIEXVLQHVVDQGVXPPDU\RIVLJQLILFDQWDFFRXQWLQJSROLFLHVFRQWLQXHG** #### *Fair Value Measurements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¶VLQYHVWPHQWVKHOGDQGLQFRPHRQSULQFLSDOWUDQVDFWLRQVZHUHYDOXHGXVLQJ/HYHO LQSXWV 7KH &RPSDQ\¶V LQYHVWPHQWV LQFOXGH DQ HTXLW\ LQWHUHVW LQ D SULYDWH SRUWIROLR FRPSDQ\ WKH ³3RUWIROLR &RPSDQ\´ WKDWLVFDUULHGDWIDLUYDOXHDVGHWHUPLQHGE\0DQDJHPHQW0DQDJHPHQWXWLOL]HVWKH&RPSDQ\¶V SURUDWD LQWHUHVW LQ WKH QHW DVVHWV RI WKH 3RUWIROLR &RPSDQ\ DV UHSRUWHG E\ WKH 3RUWIROLR &RPSDQ\¶V PDQDJHPHQW0DQDJHPHQWFRQVLGHUVDOOUHOHYDQWLQIRUPDWLRQDYDLODEOHDWWKHWLPHWKH3RUWIROLR&RPSDQ\ YDOXHV LWV LQYHVWPHQWV 0DQDJHPHQW KDV DVVHVVHG IDFWRUV LQFOXGLQJ EXW QRW OLPLWHG WR WKH 3RUWIROLR &RPSDQ\¶V SULFH WUDQVSDUHQF\ DQG YDOXDWLRQ SURFHGXUHV LQ SODFH FDSLWDO VXEVFULSWLRQ DQG UHGHPSWLRQ DFWLYLW\ DQG H[LVWHQFH RI FHUWDLQ UHGHPSWLRQ UHVWULFWLRQV 7KH 3RUWIROLR &RPSDQ\ JHQHUDOO\ UHFRUGV LWV LQYHVWPHQWVDWIDLUYDOXHLQDFFRUGDQFHZLWK86\*\$\$37KHIDLUYDOXHDWZKLFKWKH3RUWIROLR&RPSDQ\LV SUHVHQWHGLQWKHVWDWHPHQWRIILQDQFLDOFRQGLWLRQPD\EHGLIIHUHQWIURPWKHDPRXQWWKH&RPSDQ\ZRXOG UHFHLYHLQDVDOHRUOLTXLGDWLRQRILWVLQYHVWPHQWDQGWKHGLIIHUHQFHVPD\EHPDWHULDO ## *Fair Value of Investments* 7KH IROORZLQJ WDEOH VXPPDUL]HV WKH YDOXDWLRQ RI WKH &RPSDQ\¶V LQYHVWPHQWV E\ WKH DERYH IDLU YDOXH KLHUDUFK\OHYHOVDW'HFHPEHU | | /HYHO | /HYHO | /HYHO | 7RWDO | |-------------|-------|-------|-------|-------| | Assets | | | | | | (TXLWLHV | | |
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| 'HULYHGSULFH | PDUNHWDELOLW\ | | ## *The Allowance for Credit Losses* \$6&7RSLF)LQDQFLDO ,QVWUXPHQWV±&UHGLW/RVVHV ³\$6&´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¶VH[SHFWDWLRQRIWKHFROOHFWDELOLW\LQGHWHUPLQLQJWKHDOORZDQFHIRU FUHGLWORVVHV8QGHUWKHVWDQGDUGWKHDOORZDQFHIRUFUHGLWORVVHVPXVWEHGHGXFWHGIURPWKHDPRUWL]HGFRVW RIWKHILQDQFLDODVVHWWRSUHVHQWWKHQHWDPRXQWH[SHFWHGWREHFROOHFWHG 7KHVWDWHPHQWRIRSHUDWLRQVZRXOGUHIOHFWWKHPHDVXUHPHQWRIFUHGLWORVVHVIRUQHZO\UHFRJQL]HGILQDQFLDO DVVHWVDVZHOODVWKHH[SHFWHGLQFUHDVHVRUGHFUHDVHVRIH[SHFWHGFUHGLWORVVHVWKDWPLJKWKDYHWDNHQSODFH GXULQJWKHSHULRG7KH&RPSDQ\KDVQRWSURYLGHGDQDOORZDQFHIRUFUHGLWORVVHVDW'HFHPEHU {9}------------------------------------------------ ## NEAR EARTH, LLC NOTES TO FINANCIAL STATEMENT (CONTINUED) DECEMBER 31, 2022 #### 2. Regulatory Requirements The Company is subject to the Securities and Exchange Commission's Uniform Net Capital Rule (Rule 15c3-1) which requires the maintenance of minimum net capital and requires that the ratio of aggregate indebtedness to net capital both as defined shall not exceed 1500%. At December 31, 2022, the Company's net capital was \$15,313 which was \$10,313 in excess of its minimum requirement of \$5,000. ## 3. Compliance with Rule 15c3-3 The Company does not hold customers' cash or securities on behalf of customers and accordingly has no obligation under SEC Rule 15c3-3-3. #### 4. Concentrations Approximately 81% of the Company's revenues are from four clients. 95% of the Company's accounts receivable is from one client. #### 5. Subsequent Events The Company has evaluated subsequent events through the date the financial statements were issued. Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.