Is anyone watching FRMI? It’s the best in my port

i found frmi on my screener a while back when it was just getting absolutely destroyed while everything “ai” was ripping. kinda stood out to me because it was moving opposite of the whole hype trade I put in a little at 5$ and wish I did more but i still don’t really get what actually drove the selloff. was it just an overhyped ipo getting re-rated or is there something actually wrong going on like dilution / execution issues / guidance changes etc? i know they need customers but is it that hard