Thanks for your detailed reply. In short, there's no word on future sales or income predictions in any of the reports I have seen, no solid numbers, so right now management is avoiding "putting it on the line" so to speak. So there's that.
The other point I'd like to make is that you don't let your cash balance get too low. They may well have 9 months of cash in the bank, but you can't bleed yourself dry as then you have cash flow problems, can't fulfil orders, can't pay staff etc. Unless there's a significant uptick in sales soon, you should expect a CR sooner rather than later. But you're right though, a CR isn't a huge problem in a well run company kicking goals. I just don't think we're quite there yet.
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