Earnings PressureWider-than-expected GAAP loss per share, partly driven by a lower share count, highlights near-term profitability pressure and could damp investor confidence.
Revenue Forecast RiskAnalyst applies a 25% risk adjustment to revenue projections because of the early-stage pivot to the OTC pathway and uncertainty around the speed of market adoption, indicating material downside to sales expectations.
Strategic And Capital UncertaintyShift away from prescription dermatology was driven by ongoing capital requirements and extended regulatory timelines, raising concerns about strategic clarity and resource constraints.