Negative Shareholders' EquityNegative shareholders' equity of roughly -$1.54M is a structural solvency weakness that reduces borrowing capacity and investor confidence. Over the medium term it raises financing risk, narrows strategic options and increases the chance management must pursue dilutive capital or restructuring.
Persistent Cash BurnOngoing operating and free cash flow deficits (~-$4m TTM) imply the company consumes cash rather than funds itself. This persistent burn shortens runway absent financing, forces management to allocate time to capital raises, and constrains long-term investments or scaling initiatives.
Declining Revenue & Deep Negative MarginsRevenue decline (-8.7% TTM) combined with deeply negative gross and EBITDA margins shows the core business is not covering costs. Structurally weak unit economics make profitable scaling difficult and imply the company needs substantive cost or model changes to reach sustainable profitability.