## Complete ✓

I've successfully built the 13-week cash forecast, analyzed covenant compliance, and created a professional cash memo. Here's what was delivered:

### Key Findings

**Covenant Status: ✓ COMPLIANT**
- **Covenant Minimum:** $150,000
- **Lowest Projected Balance:** $736,215 (Week 5, Feb 2)
- **Covenant Cushion:** $586,215 (substantial safety margin)

### Financial Snapshot (Q1 2026)
- **Opening Balance:** $968,401
- **Ending Balance:** $800,393
- **Total Receipts:** $3,086,500
- **Total Disbursements:** $3,254,508
- **Net Change:** ($168,008)

### Deliverables

1. **`cash_forecast_13wk.csv`** — Structured weekly forecast data with all line items and covenant flags
2. **`CASH_MEMO_Q1_2026.md`** — Professional 5-section memo including:
   - Executive summary with covenant status
   - Detailed covenant analysis (compliant, no violations)
   - 13-week cash flow summary and weekly breakdown
   - Risk assessment and sensitivities
   - Recommendations for management

3. **`build_forecast.py`** — Reusable forecast engine for future updates

The company maintains robust liquidity throughout Q1 with consistent customer collections (~$226k/week) and stable disbursement patterns. No financing or corrective actions are required.