Cash FlowThe company had $8.2M in cash at the end of March 2024 and would need to raise additional capital within the next 12 months to fund ongoing operations.
Financial PerformanceThe company reported a net loss of $30.9M and may need to raise additional capital in the near future.
Leadership StabilityThe company recently experienced a leadership change following the sudden passing of its co-founder, President, Chairman, and CEO.