From nasdaq.com
TMTG lists "Former Chairman President Donald Trump" as a key factor affecting the company's operations:
TMTG's success depends in part on the popularity of our brand and the reputation and popularity of President Trump. The value of TMTG's brand may diminish if the popularity of President Trump were to suffer... Additionally, TMTG's business plan relies on President Trump bringing his former social media followers to TMTG's platform.
@ACG2 and they did not release any information beneficial to potential investors regarding the site’s performance (users numbers, user engagement with advertising, …) just the abysmal liabilities versus cash on hand.