Ann: June 2021 Quarterly Activities and Cash Flow Report, page-82

That's my take too. Everyone has been complaining that HTG don't put out more announcements but imo that's a good thing, they aren't trying to hype up the company, they don't need to, they're just methodically building a beast.

There's plenty of lines to read between, things like why they only raised a small amount of money recently when there is clearly demand for the stock ... my take is once again they don't need to, they know they will be generating cash in the near term so just needed a stop gap measure was needed