Negative Shareholder EquityDeeply negative equity (~-$7.1M) is a structural solvency concern that weakens creditor and investor confidence, limits access to capital markets, and forces reliance on dilutive financing or asset sales. This condition materially constrains long-term financial flexibility.
Sustained Net Losses & MarginsLarge, persistent net losses and deeply negative margins indicate the core business is not yet economically viable. Without structural margin improvement—either higher pricing, lower costs, or materially higher scale—ongoing losses will require continual external funding to sustain operations.
Limited Scale & ResourcesA very small asset base (~$0.55M) and minimal staffing (1 employee) indicate constrained operational capacity and execution risk. Low scale limits ability to invest in product development, sales, or compliance, making sustainable growth and competitive response more difficult over the medium term.