"We have incurred significant losses since inception, including in the United States and other major markets. We expect our operating expenses to increase significantly in the foreseeable future, and we may not achieve profitability."
"We have incurred significant losses since inception and may never achieve profitability" is pretty standard in S-1s. Nothing particularly interesting in these sentences.
Zoom is a profitable company that plans to IPO this year: "Zoom has the very rare and valuable financial profile -- it's growing at over 100% a year and it's profitable" [1], they're not extinct!
