Continued Net LossesA roughly -46% net margin signals core operations are still unprofitable; until operating expenses and SG&A align with revenue scale, losses will persist. Deep negative margins erode retained earnings and mean profit recovery must be sustained to protect shareholder value over months.
Negative Cash GenerationPersistent negative OCF and FCF force reliance on external funding or equity raises to sustain operations. Even with burn improving, continued cash outflows constrain reinvestment, raise dilution risk, and limit ability to scale or invest in higher-return projects over the medium term.
Negative ROE & Equity PressureNegative ROE indicates capital is not generating returns and ongoing losses can erode equity. If profitability and cashflow do not reverse, the company may need recurrent capital raises or restructuring, which would dilute existing holders and reduce strategic options over coming months.