No Revenue GenerationThe lack of revenue generation indicates operational challenges and limits the company's ability to fund operations and growth internally, posing a risk to long-term sustainability.
Increasing LossesIncreasing losses reflect deteriorating financial performance, which can strain resources and limit the company's ability to invest in growth or weather economic downturns.
Negative Cash FlowNegative cash flow indicates reliance on external financing, which may not be sustainable long-term without operational improvements, impacting financial health and growth potential.