Internal financial documents reveal Salus Worldwide Solutions, or Salus, the contractor managing President Donald Trump's $1 billion Project Homecoming self-deportation initiative, almost exhausted its funds by May.
A burn-rate dashboard, a financial tool used to visualize and track a company's cash flow, projected the company would reach "burnout" by May 26, reported The Daily Beast's PunchUp. As of May 7, Salus had only 13 operational days remaining and $38.85 million in reserves against a $2.7 million daily spend rate.
By then, Salus had invoiced $433.57 million over roughly one year of work. The company was owed $58.78 million and had $25.29 million in pending, unbilled activity.
Salus currently faces mounting scrutiny, including a criminal corruption probe tied to contracts issued during Kristi Noem's tenure at the Department of Homeland Security, or DHS.
Salus is also run by Trump associate William Walters III, a former State Department surgeon whose two-year-old firm had never served as a lead federal contractor yet received $1.1 billion in contracts.
Additionally, a marketing firm reportedly dropped its contract with DHS after Salus requested indirect payments to lobbyist Corey Lewandowski for securing contracts.
DHS issued a $200 million six-month lifeline in May but plans to open the contract to full competition rather than automatic renewal.
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