Houston-based Vroom ceased operations

https://www.marketwatch.com/story/this-once-mighty-carvana-competitor-just-announced-it-is-winding-down-operations-d7359296

It has been reported that Houston-based car dealer is winding down. Is anyone here familiar with the company and can provide an interesting on-the-ground backstory to what's going on? It's a Houston-based company. It comes on the heels of similar competitor Carvana having the same kind of financial difficulty.