Oh dear
Borrowing money just to meet external milestones, with assurances that it's a temporary situation are good reason for investors steering clear. If the company are stretching themselves to keep that upward trend going then one has to ask whether there was "cookie jar" slack behind the scenes, making that growth look smooth, which is now fully taken up. For example: "The delayed filing was due to a sales transaction recorded as revenue in Q2 of that year being pushed forward to Q3"