Any indication what the increase in funds will be used for?

From the NOMYH webpage:

https://nomyh.com/march-2022-financial-report/
"Financial Report for March 2022

As of March 31st, MYHMC has total assets of $4,157,300 with current assets of $2,955,000 and the bulk of which is in the form of cash of $2,885,100 in two accounts at JP Morgan Chase Bank. On the liability side, MYHMC had total liabilities of $134,700 of which all are current liabilities (and that consists primarily of unearned revenues of $26,600 and accrued sick and annual leave of $80,300). That leaves MYHMC with total equity of $4,022,600 of which $3,120,800 is unrestricted net assets. For the month of March MYHMC had revenues of $142,200 and operating expenses of $85,400 which resulted in Net Income of $56,800. Year to date revenues are $410,700 with total expenses of $266,700, resulting in a year to date profit of $144,000. Current slip occupancy is 88%"