- Fiscal Q2 revenue was $1.99M (+5% YoY); reported gross margin hit 54% due to an inventory write-down.
- Company holds only $220k in cash with an accumulated deficit of $184.1M and working capital deficit of $55.9M.
- First operating cash breakeven milestone delayed to January 2027, posing severe financing and dilution risk.
?? Negative AI Sentiment (-6.5 / 10)
Observed market reaction after signal
24h -23.08%