I don't know how this company is trading above $50m market cap...

I don't know how this company is trading above $50m market cap (80% lower of where it is now).

It's probably going to need to burn more than it has in bank just next quarter.

Its growth has slowed tremendously

It's still no where near breakeven

It's clearly suffering from at least one of these problems:

-Facing extreme tight competition with big budget competitors squeezing the market
-Suffering from limited product value propositions
-Overpaying for new customer growth, suggesting a saturated market
-Spending a lot of resources delivering its product/services to customers, suggesting it's leverage and ultimately margins are limited.

They're probably scouting for a raise currently, at least this hefty market cap allows a decent raise with mild dilution , but if the market wakes up soon their hand will be forced (massive downscaling and tempering expectations)

Just my opinions.