Rad's CEO Left, is this the end?

My buddy, one of the few still standing at Rad after all the layoffs (apparently, there was another round last month but with no press coverage), told me the CEO left last week. Right now, the only executive left is the CFO—no CEO, COO, CMO, and even VP-level leaders like their VP of counsel, left earlier this year. (I confirmed on LinkedIn.) Is this the end? Crazy to think they went from selling 200K bikes a year to less than 40K, according to my buddy they were at 700 employees at one point and now under 200, and based on Pitchbook at one point had a $1.6 billion dollar valuation on the last round. So where it sits today the credditors and investors likely have already written down the investment, so either it will get sold for cheap or just shut down.