Just one month after announcing a loss of $98.4 million in a single quarter, RadioShack risks falling apart. Late last year, Ars named it as one of five companies that we’re monitoring under “ deathwatch ” for 2014.

Bloomberg reported that RadioShack is in desperate need of cash, citing a report issued by Moody’s on Tuesday. The company's stock lost nearly 12 percent as a result of the news.

“Barring an improvement in the top line and margins, we think they will continue to burn cash and their liquidity position will continue to deteriorate,” Mickey Chadha, a Moody’s analyst in New York, said in an interview with the news outlet. In short, time is running out.

RadioShack, despite its best efforts, lost over $539 million in 2012 and 2013 combined, more than wiping out profits from the previous three years. The company said in its annual report that it experienced growth in sales of “prepaid wireless, portable speakers, music accessories, and AC adaptors.”

“As we execute the strategic turnaround plan and move through 2014, we will be tightly managing our cash and monitoring our liquidity position,” the company said in the same report.

“We have implemented a number of initiatives to conserve our liquidity position including activities such as reducing our capital expenditures, reducing discretionary spending and selling surplus property. Many of the aspects of the plan involve management’s judgments and estimates that include factors that could be beyond our control and actual results could differ from our estimates. These and other factors could cause the strategic turnaround plan and the proposed store closure program to be unsuccessful which could have a material adverse effect on our operating results, financial condition and liquidity.”