Hard to say. Profitability and Cash Flow are hard to predict when you only have one financial snapshot every 3 months. It's possible that you'll be right (not likely IMO).
A mentor of mine once said "companies don't go out of business because they lose money. They go out of business because they they run out of cash." There are tons of companies that have never (or rarely) reported a profit, and for a lot of different reasons. Amazon, Uber, Zillow, Twitter, Spotify...the list is endless. Companies often choose to invest all of their revenues and more back into the business as they shoot for future growth.
The real question, IMO, is whether the company is moving in the right direction. I think they are. Per the lawsuit Yaz has over $500k of personal money invested. With that much skin in the game, I bet he'll find a way to keep the bills paid until the time that sales take a massive jump, an institutional investor takes an interest, or a bigger company decides to buy him out.
I'm much more interested in Cash Flow status than P&L.