> According to SEC filings, as of October 2018 only $1 million of those shares had been sold and the company had a $37.4 million deficit, largely from a stock incentive plan for its employees, prompting Ars Technica and Vice to question its financial sustainability.[4][5]
I happened to read the SEC filings when they were doing this and am certain it's fine and Vice reporters just don't know how startup finances work.
What I did notice is that the perfectly normal looking and very detailed Form C didn't say the company owned any IP from alien spaceships or was going to acquire it. Their website definitely suggested it though, so if you're lying you could sue for securities fraud.
