IMO revenue just does not seem to be growing quickly enough to support ~3m in operating expenses each quarter.
Wonder if they have priced the product too low, or just not getting enough traction from the users signed up (for ~1m active users, you would expect more than 1.6m in income a quarter). Is there anything on user engagement and/or revenue per user/active users?
They seem to have enough cash to keep this going for another 2-3 quarters, but I suspect they need something significant out of these partnerships if they want to change the revenue side of things.
IMO revenue just does not seem to be growing quickly enough to...
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