On the stock market since 2021, it operates in the world of raw materials. Now — the numbers.
The company is still in the product-building phase: its spending runs far above its sales. That only changes once the product starts selling at scale.
Red columns mark years that ended in a loss.
Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.
The stock trades 56% below its peak. The market has trimmed its expectations for the company.
There is $18.2M in the vault; even if every debt were paid off, $12.6M would remain.
A loss of $8.1M against $0 in annual sales.
The stock sits at $0.57. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.
At the current pace of spending, the cash lasts about 2.3 years. After that, the company needs to find new money.
On our five-subject report card, NRRSF sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: NRRSF is a high-risk stock — not yet profitable, and its future rides on its product catching on.