Negative Cash FlowsConsistently negative cash flows indicate challenges in maintaining liquidity and funding operations, necessitating reliance on external financing, which could impact long-term financial health.
High LeverageHigh leverage increases financial risk, potentially straining cash flows and limiting financial flexibility, which can hinder the company's ability to invest in growth opportunities.
Financial ChallengesPersistent financial challenges, including no revenue and continuous net losses, highlight the company's struggle to achieve profitability, impacting its ability to sustain operations without external financing.