As far as I can remember, all milestones have been achieved to date. I think it would be far to say that some things have taken a little longer than expected, but this is well and truly offset by positive developments that were not originally in the R&D plan, such as the Leti selector, and more recently, selectorless discrete ReRAM.
WBT is an example of something very rare in the sharemarket - a leading-edge tech stock that has never had a major, or even a minor, setback with it's technology. The current delays in closing a deal with a tier 1 fab, and in finding first customers through Skywater, are really beyond their control.
Meanwhile, behind the scenes, the work continues. This is the calm before the storm. After that first big announcement, things will start to happen very quickly.
NB: The above post is opinion only, and should not be construed as financial advice.
Weebit - 2023 and beyond, page-793
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