According to their latest financial report, sales are down 60%+. the only thing that increased are intangible assets, aka "fairy dust", and debt. they even managed to make a gross loss on purchasing alone. R&D expenses greater than revenues. Marketing expenses greater than revenues. General and administrative greater than R&D and marketing combined, and twice revenues. Overall expenditures 4x of revenues, while having a 60% decline in sales, is so bad it's an achievement in and of itself. All while *checks notes* the CFO was replaced.
And people wonder why the earnings call was short? This is going from hilarious to potentially criminal. No wonder Matus jumped ship.
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