(Full speculation mode here, DYOR IMO and all that) On a surface...

(Full speculation mode here, DYOR IMO and all that)

On a surface level it would seem not, 3.8M in the Bank with an expected quarterly spending of 1M.....
However! When 800k of that is on R&D and the chip is looking to be completed later this year you would assume (I'm an ass) that this level of spending will likely only be needed for the next 2 quarters.
(If memory serves me right, they have come in under budget on most of their reports as well so that would stretch it a bit further if they keep that up). So my answer is no... but yes.

(agree with dim81 so want go over that part of the report) but Two other items that caught my eye:
- "Imec Technology Forum in May 2018 in Antwerp, Belgium." Go on the website and see the list of speakers, going to be a lot of big dogs at this show.
- "Next quarterly collaboration review meeting is scheduled in June 2018 at the imec facilities in Belgium." I would consider this as the next big update/Announcement, will be an interesting time between this and the chip "completion" date.

GLTAH