FRGT exhibits severe financial distress, highlighted by a critical Piotroski F-Score of 1/9 and a catastrophic 95.2% price decline over the last year. The company suffers from negative gross margins (-24.43%), meaning it loses money on every unit sold, which renders traditional valuation metrics like the Graham Number inapplicable. While revenue growth is positive at 30.2%, it is insufficient to offset massive operating losses and a deteriorating liquidity position (Current Ratio 0.94). The stock is currently in a freefall, trading near its 52-week low after a collapse from $69.80.