Translation: no break-even fusion reaction. If this approach held promise for fusion power research, it would be being explored instead of the millions of dollars in the much more common laser-confinement and tokamak approaches.
Strictly speaking and from a technical standpoint, if it doesn't produce more power than is present for conventional reasons (like electronic current flow), and in spite of its name, it's not a fusion reactor as that term is understood in physics.
It's a nice plasma source, and it produces neutrons -- very useful -- but it's not a fusion power source.