Persistent Negative Operating Cash FlowRecurrent negative operating cash flow and ongoing free cash burn create a structural dependency on external funding. Over months this restricts capital allocation, increases dilution or debt risk, and raises the chance operations cannot be sustained without clear cash-flow turnaround.
No Reported Revenue; Demand Visibility LackingZero reported revenue across periods prevents assessment of product-market fit, pricing power, or sustainable margins. Without observable sales, forecasting cash generation or scaling prospects is highly uncertain, posing a persistent structural risk to recovery plans.
Tiny Operating Scale And Negative ROEA one-person operational footprint implies limited internal capacity and scalability, increasing reliance on external contractors or partners. Coupled with negative ROE, this indicates capital is not generating returns, making it structurally harder to attract growth capital or execute sustained expansion.