My personal opinion is that given that they have roughly the same traffic levels with 60+ people that they had with 10 people, and are somewhat close to breakeven, is that it's time for layoffs, not another round of financing.
My 2 cents - quit trying to be something to everyone - because those of us who visited in the early years left long ago.
btw it's Merrick - had lunch with you at Pubcon in '06
It was so close to getting you that lovely vacation to Tahiti you so richly deserve. Sorry, dude. We're still rooting for ya, though.