Negative ProfitabilityPersistent negative net income and EBIT margins indicate operational inefficiencies or high fixed costs relative to current sales. Over months this limits retained earnings, reduces ability to self-fund growth, and requires either improved margins or external capital for sustained commercialization.
Weak Cash GenerationLow operating cash conversion and negative free cash flow signal constrained liquidity and poor cash generation from operations. This structural cash weakness increases reliance on financing, can delay product launches or sales expansion, and raises execution risk over the medium term.
Limited Scale And ResourcesA very small employee base limits commercial reach, clinical support and rapid scaling in hospital channels. Over several months this can slow adoption, strain R&D and regulatory initiatives, and increase dependence on partners or distributors to achieve broader market penetration.