"Why go public if you literally say you won't make money?" Because you can get rewarded heavily for it. They have $88 million in working capital as of June 3

"Why go public if you literally say you won't make money?" Because you can get rewarded heavily for it. They have $88 million in working capital as of June 30, 2019 and are on track to lose another $40 million before the end of the year, so they need more capital. With $330 million carrying value of preferred stock, I think it's go public, somehow issue 100s of millions of dollars in debt or die.