Neutral/Negative Catalysts
- Dilution/overhang risk: new shares issued and warrants (Series G/H) can pressure price and cap upside.
- Strongly bearish technical setup (negative/expanding MACD, bearish moving averages, broken support).
- Micro-cap profile (market cap ~$4.10M) typically implies higher volatility and more sensitivity to financing headlines.
- Pre-revenue status and ongoing losses reduce fundamental support if sentiment turns risk-off.