Hi, invest, the comment below is not directed at you, just a share of my thoughts on media article like this.
in my opinion, there will always be some amateur level investors get scared by reading amateur media article like this, completely ignores the fact that more than 10 million were non cash loss and reported here only for accounting purpose.
And on top of that, these people completely disregard that we only signed IP revenue contract with Renesas at the end of December 2020, and sent our evaluation boards to EAP customer in Nov and Dec last year. and MOST IMPORTANTLY, they completely ignore the fact that in Jan 2021, we generated approx. $1 million dollar revenue from the EAP customers and the initial payment from the first IP agreement.
Please raise you hand here in you didn't even know about that $1 million dollar revenue which is disclosed in the 4c last month. I bet there are a lot of new investors who has no idea of what I am talking about here.
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