Declining RevenuesA significant decline in revenue indicates challenges in product commercialization and market penetration, posing risks to long-term financial viability and growth prospects.
Negative Cash FlowPersistent negative cash flow from operations suggests difficulties in sustaining business activities without external financing, impacting long-term operational sustainability.
High Debt LevelsHigh debt levels can strain financial resources, limiting flexibility and increasing risk, which could hinder the company's ability to invest in growth opportunities and weather economic downturns.