Lots of companies like this are going to be struggling in the next 2 years.
It sucks, but to build certain things, you sometimes need money. $2.2M isn't a ton – they raised in 2020, so that's roughly only (market) salaries for 3 people for those 3 years.
Not everything will work out. But good on Fig for trying, and good on Fig for finding a solution that (hopefully?) did right by themselves and their team, and good on them for leaving Fig open-sourced.
(And to the Fig-ians reading this, congrats :) )
Yeah, they probably spent less than that (esp the founders salaries), but my point is that $2.2M isn't as much money as it seems.