Theme and variations

I was thinking of using this as a theme for a theme and variations piece but not sure if it fits that sort of thing. Any ideas if this is acceptable, or what needs to change? Thanks for any feedback.

It works since it gives you a nice harmonic framework to go nuts with (hopefully somewhere slightly neotonal, since it's so structured). I'm just not sure you need the theme split into two sections like that. It's a little bit confusing, formally speaking, unless one is meant to be an intro to the theme.

Thanks @Monarcheon for the feedback. I did end up rewriting the theme so that it wasnt like that. I used it in my nocturne in d minor which is on this site. I'm not sure if some of it is neutonal or not.