Consistent Unprofitability And Declining RevenueSustained losses and falling revenue undermine operational viability and limit reinvestment capacity. Without a return to positive margins, the company risks further erosion of competitive position and will struggle to fund marketing, product development, or expansion in the coming months.
Negative Operating And Free Cash FlowPersistent negative operating and free cash flow degrade liquidity and constrain capital allocation. This structural cash drain reduces ability to finance inventory, marketing, or product investment organically and increases reliance on external funding or equity dilution over the medium term.
Declining Assets And Shareholders' EquityA shrinking asset and equity base signals capital erosion and weaker balance-sheet resilience. Over time this limits borrowing capacity, reduces financial buffers against downturns, and increases risk that future investments or recovery initiatives cannot be funded without external capital.