I don’t know why journalists make such a big fuss about this sentence that’s a staple of the S-1 forms of every single loss-making startup hitting IPO in US.
This sentence is usually found in the risk sections and is nothing more than a reminder that “The company has yet to have a profitable year since inception”. Since it has not happened before, of course, there’s no guarantee that it’ll happen in the future.
It takes only one fiscal year of profitability in the future to invalidate this sentence, just like it takes only 1 black swan to prove its existence. Making a big deal out of this sentence is totally missing the big picture.