Ann: Megabit Success, page-2313

Translation:

We are 'close' to DRAM but not better than DRAM i.e., not replacing DRAM

Red Flag #1

Gives very specific information about write performance and endurance stats and very vague figures around retention.

Red Flag #2

Says companion to DRAM so not replacing DRAM i.e,. another PL required..?

Red Flag #3

Mentions more testing required

Red Flag #4

Host rightly suggest its expensive to do work in the Semi space and DM says they have < 4.8m of cash runway.

Red Flag #5

DM says IP license models 'don't work' - Looks at eMemory, Synopsis, Cadence, Renesas etc. and wonders what DM is smoking.

Red Flag #6