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Yes but its growth rates with respect to expenditures, and in particular capital expenditures (R&D etc), which we have no idea about.

Gross margins here are irrelevant: if they can't charge a high enough price to cover all expenditures and rely on cash raised via fund-raises, they are not financially healthy.

Could they be one day? Maybe.

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I think we agree in a backwards kind of way.

Yes they do need to grow margins to cover expenses, eventually when Amazon had to turn a profit.

My point was only that the numbers we do know clearly show a drop in growth rate of revenue, I can't judge numbers that aren't publicly known.

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