Negative....they have to spend money for acquistions.....just like many other start-ups....you think Tesla has no debt! lol, please.......what is important is that they have financing for the acquistion of these projects......300 Mwts worth.....now you have to think of the revenue return these will generate for years to come. Falak Holdings also has Billions, do you think they are going to allow this to not succeed? I suggest reading up on some websites that offer training on fundamental analysis for start-ups.
Quote from that same 10k also described "We are seeking alternative sources of financing, through private placement of securities and loans from our shareholders in order for us to maintain our operations."