No Revenue / Operating LossesThe company remains pre-commercial with no trailing revenue and persistent operating losses, limiting internal proof points for its technology and reducing investor confidence. Continued losses make cash needs and dilution likely and create uncertainty around timing and scalability of future licensing revenues.
Negative Cash GenerationMeaningful negative operating and free cash flow means Verde cannot self-fund commercial development or scaling today. Sustained cash burn increases dependence on external financing, which risks dilution, slows project execution, and can delay licensing deals or technical deployments critical to long-term revenue realization.
Limited Commercialization VisibilityAbsence of disclosed major partners, licensed projects, or revenue breakdown leaves future cash flows and adoption timelines highly uncertain. Without contracted license agreements or partner-backed projects, commercial traction is unproven and revenue visibility is low, increasing execution risk over the medium term.