Sharp Revenue DeclineA near-60% trailing revenue decline is a structural concern: reduced scale weakens network effects, lowers install base for recurring service income, erodes bargaining with distributors, and makes it harder to absorb fixed R&D and support costs over the medium term.
Persistent UnprofitabilityOngoing negative EBIT and net margins constrain retained earnings and reinvestment ability: sustained losses limit capacity to scale commercialization, deter partners, and increase reliance on external funding, raising execution risk for long-term growth plans.
Weak Cash Flow GenerationPersistent negative free cash flow undermines operational resilience: weak cash generation forces reliance on financing, hampers maintenance and service investments critical for medical devices, and increases vulnerability to funding shocks over the next several quarters.