Glimesh Board Meeting Minutes September 2022

Glimesh, Inc. Board Meeting
September 14th, 2022 / 6:00 PM EDT


Company Attendance

  • Luke Strickland

Agenda

Executive Report

Good evening everyone!

Nothing major to share this month for company business. Personally I feel really good about the discussions we’ve been having on Building Glimesh, and I have a more solidified idea of what I want out of others owning Glimesh ready to be typed up and posted. Once that is out we can have our next live discussion regarding it.

We’re getting ready to consolidate our web and database servers soon, and get a new release out with some features that have been finished but not yet deployed. Unfortunately those features / fixes have just been sitting in the backlog due to my time crisis.

The one other neat possibility coming in the near future is adding WebRTC to our streaming ingest arsenal. Currently we support FTL and are in early testing of RTMP, adding WebRTC would “short-cut” the maintenance required for FTL and RTMP as they would just fold into WebRTC. Instead of speaking FTL, RTMP, etc, we’d speak WebRTC and convert FTL & RTMP directly into WebRTC. OBS has a proposal to add WebRTC as a first-party streaming protocol directly from OBS, and we’ve already built an ingest prototype that shows the streams to be stable & low latency. More development from the OBS team and ourselves will be required to support WebRTC – so in the near term don’t worry too much about switching or anything like that!

–clone1018 (Luke Strickland)

Metrics

Currently our marketing metrics are still rather basic. We still need to update our metrics to track things we want to grow, so we can measure how campaigns are doing.



As always, Plausible cannot properly track our Bounce Rate & Visit Duration since our web framework does not send updates as the user changes pages. These metrics should be used as a comparable baseline, not a way of telling how many watch hours, or other common metrics, we have.


June 1st - August 31st



Last Month

March 2022 April 2022 May 2022 June 2022 July 2022 August 2022
Unique Visitors 21,300 19,300 18,400 17,500 18,300 14,000
Total Pageviews 141,000 123,000 142,000 194,000 166,000 104,000

App Metrics


Plausible App Metrics

Finances

Our finance categories are split up into two categories: Software as a Service (generally recurring) and Physical Sales (generally one time). This financial spreadsheet breaks down those two categories, in addition to providing a traditional P&L itemization.

March 2022 April 2022 May 2022 June 2022 July 2022 August 2022
Software as a Service
Gross Subscriptions $ 2,195.00 $ 1,618.51 $ 2,072.36 $ 1,497.50 $ 1,425.00 $ 1,221.00
Streamer Payouts $ (768.22) $ (650.48) $ (749.66) $ (575.86) $ (446.97) $ (650.10)
Charges Fees $ (152.29) $ (119.70) $ (148.71) $ (112.98) $ (102.73) $ (90.44)
Refunds $ (245.00) $ - $ - $ (155.00) $ (5.00) $ (15.00)
Connect Fee (prev month) $ (139.05) $ (272.11) $ (239.33) $ (232.33) $ (237.50) $ (30.94)
Subscription Expenses $ (1,304.56) $ (1,042.29) $ (1,137.70) $ (1,076.17) $ (792.20) $ (786.48)
Subscription Revenue $ 890.44 $ 576.22 $ 934.66 $ 421.33 $ 632.80 $ 434.52
Physical Sales
Merch Sales $ 53.50 $ 26.61 $ - $ - $ 70.81 $ 239.33
Printful Fee $ (35.32) $ (21.03) $ - $ - $ (53.31) $ (120.49)
Shopify Fee $ (30.74) $ (30.74) $ (30.74) $ (30.74) $ (30.74) $ (30.74)
Merch Expenses $ (66.06) $ (51.77) $ (30.74) $ (30.74) $ (84.05) $ (151.23)
Merch Revenue $ (12.56) $ (25.16) $ (30.74) $ (30.74) $ (13.24) $ 88.10
Expenses
DO Credits $ - $ - $ - $ - $ -
DO Infra $ (1,274.64) $ (1,078.61) $ (1,092.02) $ (1,134.94) $ (1,279.00) $ (1,279.00)
DO Bandwidth - Overage $ - $ - $ - $ - $ -
IaaS & PaaS Tax $ (76.48) $ (64.72) $ (65.52) $ (68.10) $ (76.74) $ (76.74)
Vultr Expenses $ (60.00) $ (60.00) $ (60.00) $ (60.00) $ (60.00) $ (60.00)
Total Infra Expenses $ (1,411.12) $ (1,203.33) $ (1,217.54) $ (1,263.04) $ (1,415.74) $ (1,415.74)
Recurring Services $ (302.92) $ (313.21) $ (271.26) $ (271.26) $ (271.26) $ (258.31)
One Time Services $ (18.50) $ - $ (20.29) $ (19.07) $ - $ -
Domain Renewal $ - $ - $ - $ (9.13) $ (64.27) $ -
Charitable Donations $ - $ - $ - $ - $ - $ -
Totals
Total Income $ 2,248.50 $ 1,645.12 $ 2,072.36 $ 1,497.50 $ 1,495.81 $ 1,460.33
Total Expenses $ (3,103.16) $ (2,610.60) $ (2,677.53) $ (2,669.41) $ (2,627.52) $ (2,611.76)
Total Profit $ (854.66) $ (965.48) $ (605.17) $ (1,171.91) $ (1,131.71) $ (1,151.43)
Stripe Balance $ 1,449.01 $ 2,248.45 $ 2,891.61 $ 3,973.13 $ 5,364.57 $ 5,433.94
Checking Balance $ 14,278.00 $ 9,115.77 $ 7,629.64 $ 6,490.40 $ 4,543.58 $ 3,146.07
Complete Balance $ 15,727.01 $ 11,364.22 $ 10,521.25 $ 10,463.53 $ 9,908.15 $ 8,580.01

We made profit on merch this past month, hooyah!

Glimesh News

Nothing at this time.

Previous Business

No previous business.

New Business

No new business.