Just released Supplement Information includes the following sentence:
This resulted in accelerated and non-recurring payments for development and testing during the quarter of $2,487k as we
work towards the completion of the development phase with scheduled demonstration to be completed by the end of February 2021.
Taken literally, the company is saying that they will have demonstrated the chip by the end of February, not that they chips are ready to be demoed, but rather that the chips are sufficiently advanced for key potential customers to hear them in February. That's right now!
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- Ann: Supplementary Information to Appendix 4C - Section 8
Ann: Supplementary Information to Appendix 4C - Section 8, page-3
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