They can either reduce cash burn or make more money, probably making more money is a better option. At least they could reduce overheads for a few quarters to get the stock price up for us poor punters. If the business relies on hiring an exponential amount of staff to keep people using this service then we are in trouble. On the upside, people are utilising the product as can be seen by an increasing ARR, so it's not a dud business by any means. So confused on this one, but will continue to hold forever as losses are too high now, yes i know bad trading practice but what to do?
They can either reduce cash burn or make more money, probably...
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