Persistent Losses And Negative MarginsRepeated negative earnings and poor margins indicate the company isn’t yet monetising its technology at scale. Long‑running losses erode equity, constrain reinvestment, and make partnership and offtake negotiations harder, reducing the company’s ability to self-fund growth or absorb setbacks.
Negative Operating And Free Cash FlowsOngoing cash burn from operations forces reliance on external funding for project development and licensing support. Persistent negative cash flows undermine sustainable scaling, increase dilution or debt risk, and can slow deployment timelines for DMG facilities and partner onboarding.
Execution Risk And Limited Operating Track RecordUnclear current operating revenue and a small employee base reflect limited commercial traction. Successful rollout depends on sites, permits, feedstock, offtakes and finance; weak operating proof points heighten execution risk and could delay durable licensing or plant operations.