The earnings call reveals several negative indicators: declining net sales, reduced gross profit margins, and increased leverage ratios. Despite some operational efficiency improvements, the Q&A section highlights management's inability to provide clear guidance on revenue projections and pricing strategies, raising concerns about future growth. The market's uncertainty regarding tariffs and the company's weak revenue guidance further contribute to a negative sentiment. Given the small-cap nature of the stock, these factors are likely to result in a market reaction of -2% to -8% over the next two weeks.