Overall Score

Liquidity Balance Sheet

Current ratio remains very low at 0.18, indicating tight near-term liquidity.

Cash ratio is only 0.06, so the company has limited cash coverage for short-term obligations.

Debt appears minimal with debt-to-equity at 0.001 and net debt-to-EBITDA slightly negative, which reduces leverage risk.

Working capital is still negative at -$1.335M, reinforcing balance-sheet strain despite low debt.

Profitability Cash Flow

Margins remain effectively zero across gross, operating, EBITDA, and net profit lines, showing no meaningful operating profitability.

Operating cash flow is negative and free cash flow is negative, with free cash flow yield at -0.39%.

Return on equity is only 3.3% and return on invested capital is negative, indicating weak capital efficiency.

Income quality remains poor at -0.225, suggesting earnings are not well supported by cash generation.

Valuation Support

Price-to-book is about 1.05, which suggests the market is valuing the company near book value.

Graham net-net is still negative, so there is limited deep-value asset support.

Graham number of 7.70 provides some theoretical downside reference, but it is not strong enough to offset weak fundamentals.

Earnings yield is only 2.29%, which does not provide a compelling valuation cushion.

Earnings Power Coverage

Interest coverage remains effectively absent at 0, so earnings do not currently cover financing costs comfortably.

EBITDA and operating cash flow remain negative, leaving coverage metrics structurally weak.

Debt service coverage is negative at -6.6, underscoring limited ability to service obligations from operations.

The company’s operating cash flow coverage ratios remain negative, pointing to ongoing funding pressure.