As I said Get out. Gross margin of $70k ish on sales of $180k. Cash losses of $250k vs cash on hand of...zero. Learning capital deficiency means this company is insolvent.
CEOs mommy is going to have to bail it out again! If it hasn't happened already either:
1. Insider debt raise
2. insider massively dilutive equity raise
3. bankruptcy
i say insider for 1 & 2 above because nobody else would touch this dog.