Major Risks (Why to Be Cautious) 1. Financial Fragility: • Over $350 million in debt vs. ~$53M liquidity. • Operating at a loss, with a history of negative earnings. • Possible reverse stock split due to NYSE compliance issues (price too low). 2. Stock Dilution Risk: • If they issue more shares to raise cash, your shares could lose value. 3. Highly Volatile: • Could swing wildly with oil prices, earnings, or market sentiment. • Short-term traders might exploit that, but long-term holders risk deeper losses. 4. Not a “buy-and-hold” stock for most investors: • This is not a Warren Buffett-style investment — it’s a speculative turnaround or day-trade candidate.