Yeah, it does look bland. Gray in general isn't a great colour to base a piece on, it'll just make it look meh straight away imo. Also, I had to readjust my glasses six times before I realized you used several low-opacity copies of the cuts in there. It makes me confused and doesn't really look all that good either. The texture is OK, fits nicely into the piece. The text, however, is way off the mark here, which is why it might feel unfinished. One line of monospace text doesn't really do it here.
This definitely has a ways to go before it's finished. There's so much more you could do with it tbh. All in all: bland. OK composition and execution, but you could make it a LOT better if you tried.