CEO Transition UncertaintyThe CEO transition adds uncertainty, as the company looks for new leadership both internally and externally.
Financial ChallengesRCEL's limited cash on hand, current operating cash burn, need for additional capital, and limits on how many shares can be issued exacerbate the downside risk.
Revenue Guidance ReductionRCEL lowered FY25 guidance to $70M-$74M, reflecting expected lower demand and utilization.