Declining Assets And Cash ReservesA trend of declining total assets and cash reserves can erode liquidity headroom needed for capex and scaling production. If sustained, this may force tougher capital-allocation choices, constrain investments in high-priority projects, or increase reliance on external funding during multi-quarter expansion cycles.
Small Employee BaseA relatively small workforce for a semiconductor technology company can limit internal capacity for concurrent product development, global customer support, and scaling manufacturing. This raises execution and concentration risks, increasing reliance on partners or third-party fabs which can slow product cycles and responsiveness.
Reliance On Long-term Contracts And PartnersDependence on long-term contracts and strategic partners concentrates revenue and creates renegotiation and counterpart risk. Loss or dilution of key partnerships could materially impact order flow; structurally, this reduces pricing and customer diversification flexibility over multi-quarter horizons unless offset by broader customer wins.