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I would say the amount of money they've had and gone through is very troubling, @anonsteve, so I agree with you. It makes me wonder just what people were doing and whether or not they were moving the company vision forward, or finding ways to change it or slow it down. Who knows why anyone would want to do that, but as you mentioned, easy money has a way of distorting reality.

Ned's livestream today did answer some questions, but then created quite a few others, including just what has been his role in all of this if the company was heading off in directions he didn't want it to go in. He's in charge. Why wasn't it going the way he wanted it to? Who else was making decisions? Why was he letting things get added on that he didn't want in the first place?

Sounds like scope creep to me. They need someone with serious project management skills. I wonder how much the new CFO guy had to do with this. He probably saw the books and started pulling his hair out. :)