Real Good Food (RGF) stock has plummeted to a 52-week low of $0.21, marking an 88% decline from its high of $1.82, with a market cap of just $8 million. The company faces significant challenges, including a debt-to-equity ratio of 5.02, negative earnings projections for 2024, and potential delisting from Nasdaq due to non-compliance. Despite these issues, RGF has expanded its distribution in 4,000 Walmart stores and increased its borrowing capacity to $46 million.
