Debt-free Balance SheetHaving no debt materially reduces fixed obligations and financial distress risk, giving management flexibility to fund operations via equity, partnerships, or grant funding. This durable balance-sheet strength supports continued R&D and commercialization efforts over the next several months.
Platform-focused Business ModelA clear platform offering—functional drug response testing for precision oncology—creates multiple durable revenue vectors: per-test clinical fees, pharma collaborations, and licensing. Structural demand for personalized oncology diagnostics supports recurring, contractable revenue potential over time.
Improving Cash Burn TrendMaterial narrowing of losses and reduced cash burn in 2024 indicates improving operating discipline or commercialization traction. A sustained improvement trend lowers near-term refinancing pressure and increases the chance of reaching breakeven within a multi-quarter horizon if continued.