Positive Equity BufferThe balance sheet reports positive shareholders' equity, providing a capital cushion against ongoing losses. Over a 2–6 month horizon this reduces immediate insolvency risk, lets management fund operations while pursuing fixes, and preserves strategic optionality for restructuring or financing.
Moderate Leverage (debt < Equity)Reported leverage is moderate with debt below equity, which structurally limits short-term refinancing pressure and interest burden. This lower relative leverage gives the company room to absorb volatility, access additional capital if needed, and execute operational adjustments without acute solvency stress.
Historic Free Cash Flow GenerationThe company produced positive free cash flow in 2022 and 2024, showing the business can generate cash under certain conditions. That historical ability suggests operational levers and market demand exist to restore cash generation, which supports medium-term recovery potential if cost or revenue initiatives succeed.