Low Leverage / Balance-sheet FlexibilityVery low debt-to-equity (~0.07) provides durable financial flexibility, lowering insolvency risk and preserving borrowing capacity. This cushion supports weathering continued operating losses, funds strategic investments or restructuring, and reduces refinancing pressure over the next several quarters.
Improving Gross And EBITDA MarginsTransition to positive gross margin (~24.8%) and EBITDA margin (~9%) signals structural progress in unit economics and cost control. If sustained, these improvements can enable scalable profitability as revenue stabilizes, supporting long-term margin recovery and reducing reliance on one-time measures to reach durable operating earnings.
Modestly Positive Operating Cash FlowPositive operating cash flow, even modest (~$0.26M TTM), indicates core operations can generate cash under current scale and cost structure. This provides a foundation for incremental reinvestment or deleveraging, and, if grown with revenue recovery, could materially reduce external funding needs over a multi-quarter horizon.