Once again this is not true.
They aren't burning $21 million a year.
The R&D spend is variable and changes based on milestones, there is no guarantee they will spend anywhere near 21 million in FY 25.
Also by your own admission they will make approx. 4m next year and then 8-10m (USD) the following year.
Maybe a small raise will happen, it will really depend on how many fabs need to pay licensing and at what cost. Time will tell.
With 2 months before the EOTY the clock is ticking for WBT to get these deals done and get some decent revenue in.
All my opinion.
Once again this is not true.They aren't burning $21 million a...
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