💰 Financial Record

This document is a financial summary and projection for an organization identified as 'k12' (likely K12 Inc.), covering fiscal years 2002 through projected 2007. It details revenue growth from $6.7 million in 2002 to a projected $132.2 million in 2007, driven by expansion into new states and grades, though the company operated at a net loss for the recorded historical years (2002-2005). The text outlines the company's operational history, expansion into specific states (CO, PA, OH, ID, CA, AR, MN, AZ, FL, WI, DC, TX, WY, WA), future opportunities in Chicago and Sacramento, and its revenue recognition policies regarding virtual charter school management.