No. Accumulated losses are $50m. But net assets are $45m of...

No. Accumulated losses are $50m. But net assets are $45m of which $28m is tangible. That's a very strong position to be in considering the state of the industry... And thankfully the "experts" you're talking about are no longer at the helm, with a new team in place that clearly cares about its shareholders, and have demonstrated strong execution in R&D. Take your personal gripe with the previous Management elsewhere and let the new team do their job.