@OP and Tuenefuldude - regarding MQA's financial situation...
MQA is essentially a software company whose success is dependent on licencing its technology to third parties, whether they be streaming services or hardware manufacturers.
MQA has had significant ongoing costs in software development, and remuneration of its staff, incuding its executive directors.
The key difficulty for MQA is that demand for high resolution streaming is in itself a niche and MQA faces a fundamental strategic difficulty in promoting a product whose attractiveness is essentially premised on the need to conserve bandwidth.
As such, the technology is being eclipsed by the easy availability of fast broadband connections and with 5g mobile telecommunications.
MQA's difficulties, I believe, are less to do with the general economic situation than with the fact that it's technology is becoming obsolete.