No Meaningful RevenueEffectively zero revenue removes visibility into product-market fit, pricing power, and scalable unit economics. Without material sales the company cannot demonstrate sustainable margins or customer demand, forcing reliance on external capital and making forecasting and strategic scaling highly uncertain over a 2–6 month planning horizon.
Persistent Cash BurnSustained negative operating and free cash flow of roughly -$0.95M TTM indicates the business cannot self-fund operations or growth. Continued cash burn necessitates frequent external financing, raises dilution and refinancing risk, and constrains the company's ability to invest in commercialization, product development, or distribution in the medium term.
Ongoing Losses And Negative ROEA TTM net loss near -$1.45M and negative ROE (~-3.88%) show continued value erosion and poor capital efficiency. Persistent unprofitability diminishes the equity cushion, weakens investor confidence, and makes it harder to secure long-term financing or strategic partners until the company can produce consistent revenue or materially improve margins.