The amount of cash available to this company over the last two...

The amount of cash available to this company over the last two years is more than enough to have created a going concern.

The fact that they haven't been able to balance the spreadsheet to establish a profit margin and then build upon that profit, suggests that this is not a commercial business model. I won't speculate on what else it could be.

Hand me $6m and I would be profitable almost immediately. At the very least I would set my pay at a sustainable level so as to put the interest of investors before my own. That would be the responsible approach.

Simply holding a title doesn't entitle you to money. Performance does. I doubt any business anywhere would have tolerated this level of poor performance for this long from an employee. Why have shareholders?