Consistent Cash BurnPersistent negative operating and free cash flow means SEEEN consumes cash to run and grow its business, requiring external funding. Ongoing cash burn constrains runway, forces financing needs, and can limit long-term investment in product or sales without dilution or increased leverage.
Deep Net LossesVery large net losses show the business is not yet converting revenue into operating profitability. Structural loss rates impair retained earnings, reduce ability to self-fund growth, and make the company more dependent on capital markets or partners to sustain operations long-term.
Equity Erosion & Shrinking Asset BaseMaterial decline in equity and assets reduces financial flexibility and the firm's buffer against shocks. Shrinking balance-sheet capacity raises refinancing risk, may increase funding costs, and limits the company's ability to invest or absorb setbacks without dilutive or costly financing.