Deep Operating LossesVery large negative margins consume capital and hinder reinvestment into sales, installations, and service capacity. Persistent deep losses increase the need for external funding and raise execution risk for reaching sustainable profitability within a 2–6 month horizon.
Negative Cash GenerationMaterial operating and free cash outflows indicate the business is not self-funding and will rely on capital to maintain operations. Ongoing cash burn constrains investments, risks dilution or cutbacks, and limits the firm's ability to scale installations and aftermarket growth.
Very Small Operating TeamAn extremely small headcount limits capacity to deliver complex industrial projects, expand sales, and build aftermarket service networks. Scaling execution will require hiring or outsourcing, raising costs and execution risk in the coming months as commercial activity grows.