Their hosting costs are crazy for such low usage (I assume since they say no one is being paid that the entirety of their expenses is marketing and tech and 25% of that is infra specifically, but it’s hard to tell since its last months and it’s possible that today they’re not being paid).
Regardless, too much expense for too little revenue.
They say "As of today, none of us are being paid for our labor" -- I take that to mean they were drawing a salary previously, but aren't any more. Assuming the expenses include fully burdened salaries, I'd say the overall costs were understandable.
Regardless, too much expense for too little revenue.