Over the past 18 months, it became increasingly clear that the long-standing executive team lacked the leadership, financial discipline, and strategic foresight required to sustain the business. Despite multiple warning signs and input from experienced leaders they had hired, the C-suite failed to implement necessary cost-cutting measures or hold themselves—or their direct reports—accountable. Critical decisions were delayed or ignored, and the company operated as if running out of cash was not a real possibility. This lack of business acumen, unwillingness to change, and disregard for operational reality ultimately led to the company’s bankruptcy. It was a preventable outcome had leadership been willing to listen, adapt, and act decisively.