Senestech, Inc. · NASDAQ:SNES
Senestech — IPO Roadshow (July 2018)
32 slides from Senestech's IPO roadshow presentation, Jul 9, 2018
Slide 1: SenesTech, Inc. July 2018 Investor Presentation
SenesTech , Inc. NASDAQ: SNES JULY 2018 INVESTOR PRESENTATION
Slide 2: SenesTech Disclaimer
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 2 SenesTech Disclaimer The following information and the statements made during this presentation contain forward - looking statements . These forward - looking statements ar
Slide 3: SenesTech Disclaimer
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 3 SenesTech Disclaimer The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates . Before you i
Slide 4: SenesTech at a Glance
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 4 About SenesTech SenesTech at a Glance (1) x SenesTech , founded in 2004, aims to provide for the more humane treatment of animals, to improve the quality of human life, and
Slide 5: Recent Events
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 5 Recent Events • Hired 20 - year Orkin executive to run sales and marketing efforts. • Enhanced messaging to place the PMP at the center of the conversation. • Continued to
Slide 6: Key Announcements and Related Market Performance
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 6 Key Announcements and Related Market Performance SenesTech’s Key Recent Events SenesTech’s Stock Performance 1 2 3 4 May 21, 2018 : California Department of Pesticide Regul
Slide 7: The Addressable Challenges
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 7 The Addressable Challenges Challenge #1 Food Security Rodents destroy food through consumption and contamination. In 2014, 20% of stored food worldwide was lost due to rode
Slide 8: Reproduction is the Source of Infestations
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 8 *When used as directed. Remember, always read, understand and comply with the label. ContraPest® is a Restricted Use Pesticide. Reproduction is the Source of Infestations C
Slide 9: Lethal Campaigns Can Leave Opportunity for Rebound
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 9 *When used as directed. Remember, always read, understand and comply with the label. ContraPest® is a Restricted Use Pesticide. Lethal Campaigns Can Leave Opportunity for R
Slide 10: Our Solution
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 10 Our Solution ContraPest is a highly attractive, liquid bait containing the active ingredients (“AI”) 4 - vinylcyclohexene diepoxide, or VCD, and triptolide, a plant - deri
Slide 11: Why ContraPest is Different
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 11 Highly Effective • When rats consume ContraPest, they do not reproduce. Active ingredients target both male and female rats. Highly Palatable • Sweet and fatty ingredients
Slide 12: Delivering an Effective Product: Lab Studies
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 12 *When used as directed. Remember, always read, understand and comply with the label. ContraPest® is a Restricted Use Pesticide. Laboratory rats • 100% efficacy Delivering
Slide 13: Delivering an Effective Product: Field Studies (Urban)
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 13 URBAN STUDIES Results • Rats repeatedly consumed ContraPest ® in the presence of rodenticides, trash, other food sources, exclusion strategies, and abundant water options.
Slide 14: Delivering an Effective Product: Field Studies (Agricultural)
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 14 *When used as directed. Remember, always read, understand and comply with the label. ContraPest® is a Restricted Use Pesticide. AGRICULTURAL STUDY Results • Rats consumed
Slide 15: EPA Approved
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 15 EPA Approved *When used as directed. Remember, always read, understand and comply with the label. ContraPest® is a Restricted Use Pesticide. ▪ Worked with EPA to Facilitat
Slide 16: Commercialization Strategy
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 16 Commercialization Strategy
Slide 17: Market Approach: Target the PMPs
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 17 Market Approach: Target the PMPs • Transit systems • Public Housing • Recycling/waste facilities Government Agriculture • Protein production • Grain or food storage • Orga
Slide 18: Key Distribution and PMP Relationships Established
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 18 Key Distribution and PMP Relationships Established • Distributors • Univar USA • Target Specialty Products • Bug Off (NYC) • Forshaw • Oldham Chemicals Company • PMPs • Ov
Slide 19: Hierarchy of Needs for the Pest Management Professional
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 19 “Hierarchy of Needs” for the Pest Management Professional - A proven solution to magnify the results of your Integrated Pest Management (IPM) Protocol. - Can also be used
Slide 20: ContraPest: The Anchor to IPM
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 20 *When used as directed. Remember, always read, understand and comply with the label. ContraPest® is a Restricted Use Pesticide. ContraPest can be used as a standalone solu
Slide 21: Initial Geographic Focus
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 21 Key state markets are determined by alignment with core audience and messages: 1) Markets that have a pronounced need for proven rodent control solutions (FL, TX, CA, NY,
Slide 22: Potential of California Market
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 22 Potential of California Market On May 21, 2018, the California Department of Pesticide Regulation PROPOSED TO REGISTER ContraPest for use in the state of California – noti
Slide 23: Regulatory Path with EPA for Enhancements
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 23 Regulatory Path with EPA for Enhancements On June 4, 2018, SenesTech announced that it had successfully completed pivotal meetings with the EPA to address planned label im
Slide 24: Pipeline
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 24 Pipeline PRODUCT PRIMARY TARGET(S) MARKET OPPORTUNITY Additional Rodents Mice, voles, squirrels >60% of overall rodent market 1 Boar taint Boars $1.2 billion 2 Feral anima
Slide 25: Balance Sheet
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 25 Balance Sheet ($ in Millions) As of 3/31/2018 Cash, cash equivalents and highly liquid investments $4.8 Total Assets $7.2 Debt $0.7 Common Equity $5.5 Shares Outstanding 1
Slide 26: Income Statement
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 26 Income Statement ($ in Millions, except per share data) Q1 2018 2017 2016 2015 Revenue $0.019 $0.052 $0.318 $0.24 Operating Expenses 2.7 12.3 10.8 15.9 Net loss (2.7) (12.
Slide 27: SenesTech Investment Highlights
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 27 • A billion - dollar market with a multi - billion dollar impact • A proprietary technology that has no direct competition • Meets customer need for efficacy as well as se
Slide 28: Thank You
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 28 info@senestech.com 928 - 779 - 4143 www.senestech.com SenesTech 3140 N Caden Court Flagstaff, AZ 86004 Facebook.com/senestech Twitter.com/senestech LinkedIn.com/company/se
Slide 29: Appendix
Appendix
Slide 30: Management
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 30 Management Dr. Loretta Mayer Chief Executive Officer and Chairman of the Board Dr. Cheryl Dyer Chief Research Officer Director, Retired Tom Chesterman Chief Financial Offi
Slide 31: Board of Directors
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 31 Board of Directors Dr. Loretta Mayer, Ph.D. Chair of the Board, SenesTech Chief Executive Officer and Chief Scientific Officer, co - Founder Grover Wickersham Director, me
Slide 32: Adjusted EBITDA – Reconciliation to GAAP Net Loss
*ContraPest ® is a Restricted Use Pesticide, due to applicator expertise. Please read and comply with all label instructions. 32 Adjusted EBITDA – Reconciliation to GAAP Net Loss SenesTech Inc. Itemized Reconciliation Between Net Loss and Non - GAAP Adjusted EBITDA (Unaudited) For the Three Months E