Reduced Cash Burn Vs Prior YearOperating cash burn improved materially versus 2024 (operating cash flow moved from roughly -1.13M to about -0.99M). This sustained reduction in cash outflow lengthens runway, reduces near-term financing frequency and reflects improving operational efficiency that supports stability over coming months.
Smaller Historical LossesLosses are materially smaller than the very large loss reported in 2021, indicating progress in cost control and operational discipline. While still loss-making, the trend toward smaller deficits is a durable sign management can tighten spending as the company advances development milestones.
Lean HeadcountA small workforce (28 employees) implies a lean cost structure and lower fixed overhead. That reduces monthly cash burn per employee, extending runway and providing flexibility to reallocate limited capital toward priority R&D or commercialization tasks over the next several quarters.