Kraig Biocraft Laboratories Inc (KBLB)

[DimesForShares]

The new facility is focused on egg rearing, not silk for production.  They just received a (presumably modest) quantity of 5 new strains: 1 replacement for an underperforming Bam-1 parental line, and 4 new strains for the double-hybrid production system.  I would assume they will need at least 2 generations to bump up the numbers.  The double-hybrid will need two more generations to produce eggs for production.  I wouldn't expect any silk to be produced from these silkworms in 2025.
Depending on how bad the underperforming Bam-1 parental line is, KBLB may have paused silk production with Bam-1.  For those who don't understand the idea of a qualified statement: This is one possibility, not a certainty.  KBLB has been tight-lipped about current Bam-1 production.  We will know when they report more information about silkworm crops.  One can speculate all day about ongoing production, but we simply don't know.  From what I can tell, KBLB was only able to produce 4 crops of silkworms last year.  Again, this is speculative, but is the best fit to their reports.  Given that Thompson is not reporting how much silk they have in unfinished stages, we can't even track their progress with the quarterly and annual reports.