Lack Of Revenue GenerationThe absence of revenue generation is a critical issue, indicating potential operational inefficiencies and challenges in monetizing assets, which could hinder long-term growth and profitability.
Negative Cash FlowsPersistent negative cash flows indicate operational inefficiencies and may limit the company's ability to invest in growth initiatives, impacting future financial health and sustainability.
Declining Equity RatioA declining equity ratio suggests weakening financial stability and reduced investor confidence, which could impact the company's ability to raise capital and support long-term growth.