Persistent Losses And Negative Operating Cash FlowOngoing negative operating cash flows erode liquidity and force reliance on external financing or asset sales. Over a 2–6 month horizon this limits the company’s ability to invest in projects, meet working capital needs, and convert strategic opportunities into revenue without harming solvency.
Severe Recent Revenue DeclineAn ~82% revenue contraction signals material loss of scale and weak demand or project execution. Dramatic top‑line decline impairs fixed cost absorption and cash generation, making margin recovery and reinvestment harder unless revenue stabilizes or new contracts are secured.
Negative Margins And Negative Return On EquitySustained negative margins and ROE indicate the core operations are not generating returns on capital. This undermines ability to self‑fund growth, increases reliance on external capital, and suggests structural issues in pricing, cost control or project profitability that must be remedied for long‑term viability.