{
  "version": "1.3.0",
  "releasedAt": "2026-05-20",
  "kpi": {
    "rogueId": "finance.total_unrestricted_cash",
    "slug": "total_unrestricted_cash",
    "domain": "finance",
    "defaultLabel": "Unrestricted Cash",
    "description": "Cash that the company can freely deploy for any operational purpose — total bank balances minus any contractually restricted balances. This is the input most boards actually want when judging runway, because it strips out escrows, security deposits, and processor reserves that cannot be spent on payroll or vendors. The distinction matters more as the company adds enterprise contracts (deposit obligations), debt facilities (covenant balances), and payment processing volume (rolling reserves). Common pitfall: at early stage, restricted cash is often near zero so teams equate this with `finance.total_cash_in_bank` — track them separately from day one to avoid surprise reclassifications later.",
    "fieldType": "currency",
    "unit": null,
    "maturity": "general",
    "suggestedForStages": [
      "preSeed",
      "seed",
      "seriesA",
      "seriesB",
      "seriesC",
      "public"
    ],
    "defaultOwningFunctions": [
      "Finance"
    ],
    "stageRelevance": {
      "preSeed": "core",
      "seed": "core",
      "seriesA": "core",
      "seriesB": "recommended",
      "seriesC": "recommended",
      "public": "recommended"
    },
    "definitionSource": {
      "tier": "editorial",
      "sourceName": "imboard Editorial",
      "sourceUrl": null,
      "sectionRef": null,
      "publicationDate": "2026-04-01",
      "attributionNotice": null
    },
    "formula": "finance.total_cash_in_bank − finance.total_restricted_cash. Equivalent to the sum of bank-account balances flagged `restricted: false` in `finance.bank_accounts_list`.",
    "whyItMatters": "The right cash number to divide by net burn when computing the spendable runway a board can act on — restricted cash cannot bridge a payroll gap.",
    "interpretationGuidance": "A meaningful divergence between unrestricted and total cash (industry folk-wisdom: >5–10%) is the trigger to surface a restricted-cash schedule in the board pack. Compare period-over-period — a sudden drop in unrestricted cash that does not match burn usually means a reclassification (e.g. a new lease deposit) rather than spending.",
    "relatedKpiIds": [
      "finance.total_cash_in_bank",
      "finance.total_restricted_cash",
      "finance.operationally_available_cash",
      "finance.runway_months",
      "finance.bank_accounts_list"
    ],
    "metricBasis": {
      "timeBasis": "point_in_time",
      "moneyBasis": "cash",
      "production": "computed"
    }
  }
}