Negative EquityNegative equity indicates liabilities exceed assets, raising concerns about financial stability and solvency, which could hinder long-term operational capabilities.
No Revenue GenerationLack of revenue generation highlights challenges in achieving operational profitability, impacting the company's ability to sustain and grow its business.
Weak Cash Flow ManagementPersistent negative free cash flow suggests poor cash management, limiting the company's ability to fund operations and invest in growth opportunities.