Source document
| Revenue — GREEN | $2.0M | -27.5% YoY |
|---|---|---|
| Gross margin — GREEN | 1.6% | |
| Net income — GREEN | -$2.0M | -26.5% YoY |
| Net margin — GREEN | -102.2% | |
| Operating margin — RED | -103.8% |
operating_cf_burnnet_margin_sharply_negativecash_conversion_weakcash_runway_low| Metric | Value | Flag |
|---|---|---|
| Revenue | $2.0M | GREEN |
| Gross Margin | 1.6% | GREEN |
| Operating Margin | -103.8% | RED |
| Net Margin | -102.2% | GREEN |
| Net Income | -$2.0M | GREEN |
| EPS (diluted) | $-0.07 | GREEN |
| Metric | Value | Flag |
|---|---|---|
| Cash | $2.3M | GREEN |
| Broad Liquidity | $2.3M | GREEN |
| Current Ratio | 14.74 | GREEN |
| Total Assets | $11.2M | GREEN |
| Total Equity | $10.4M | GREEN |
| Metric | Value | Flag |
|---|---|---|
| Operating CF | -$5.1M | GREEN |
| Cash Conversion (CFO/Rev) | -2.62 | GREEN |
| Free Cash Flow | -$5.4M | GREEN |
Sections in this filing
Key Information / Risk Factors
ITEM 3. KEY INFORMATION B. Capitalization and Indebtedness. Not applicable. C. Reason for the Offer and Use of Proceeds. Not applicable. D. Risk Factors. You should carefully consider all the information in this Annual Report, including various changing regulatory, competitive, economic, political and social risks and conditions described below, before making an investment in our ordinary shares. One or more of a combination of these risks could materially impact our business, results of operations and financial condition. In any such case, the market price of our ordinary shares could decline, and you may lose all or part of your investments. Field: Page; Sequence: 6; Value: 2 Field: Sequence; Type: Arabic; Name: PageNo 6 Field: /Sequence Field: /Page Summary of Key Risks Risks Related to Our Business ● We have received a Staff Delisting Determination and if our appeal, if submitted, is unsuccessful, our Class A Ordinary Shares will be delisted, which would severely limit liquidity and depress our stock price. ● If we fail to upgrade, enhance and expand our technology and services to meet customer needs and preferences, the demand for our solutions and services may materially diminish. ● We have developed our Quantum Fit and Quantum Human solutions. If the market for Quantum Fit and Quantum Human solutions deceases or diminishes significantly, our business, results of operations and financial condition would be materially and adversely affected. ● The prices and fees of our production and services may decrease from time to time due to technological advancement, which may in turn adversely affect our profitability. ● High customer concentration exposes us to all of the risks faced by our major customers and may subject us to significant fluctuations or declines in revenues. ● Third parties may, from time to time, assert or claim that we infringed their intellectual property rights, and any failure to protect our intellectual property rights could have a material adverse impact on our business. ● Cybersecurity incidents, including data security breaches or computer viruses, could harm our business by disrupting our delivery of services, damaging our reputation or exposing us to liability. ● The Holding Foreign Companies Accountable Act, or the HFCA Act, and the related regulations are evolving quickly. Further implementations and interpretations of or amendme