The stock is technically bearish, trading below both the 50D and 200D SMAs with weak momentum signals. While it is testing support at $0.38 with a neutral RSI, volume is fading, and fundamentals (negative EBITDA, high P/B) remain unattractive. A break below $0.37 risks further downside, while a reclaim of $0.40 is required to validate a reversal.