Ann: Additional Information US Department of Energy Grant Funding, page-105

The honest truth is that no one knows. This is a highly speculative stock and if anyone claims to know the right answer, take it with a chunk of salt. With no fundamentals or past track record, it is hard to determine a good valuation for this stock, let alone predict what lies ahead in the future. My own PT is below $1 and, unless there's a major fundamental shift, it will keep dripping even lower and lower. Some others here might say that the stonk goes up and will be $38 by end of next year, but that's nothing more than a pipe dream.

Everyone has to do their own research, but the hard reality is that NVX generates no cash and burns a lot of it, so the risks are very real.