You notice you did not receive any responses. This board does not like to talk about the security and the actual execution of the business as a whole, despite the fact this is what drives the PPS and ultimately the value of the company moving forward.
This is because most here are more concerned with the overall larger 3D/Additive industry and attempting to connect dots(that are often never confirmed) and see where SGLB may fit in and realize any sales/contract, despite the currently confirmed anemic sales/contracts.
To answer your question honestly, no one knows except management team. Have they doubled the Authorized shares just these past few weeks, that would be a resounding YES! One has to ask yourself, why increase shares if you dont need them. Argument will be flexibility and ability to build value if a contract/obligation comes in that will drive revenue/sales.
Simply, they are nearly out of cash and given the increase of obligations (hiring new folks, and attempting to build out company)this will become even more pressing, at a quicker pace. They are having some success in the small lot production area with their own internal printer, but that is about it. They have had numerous evaluation periods and partnerships that have resulted in ZERO follow on sales/contracts.
In the end, it appears they are doing all they can to build out the business, but yet have little to nothing to show for all their efforts. Given the upcoming Q1 report, shareholders will finally get another glimpse behind the curtain that is SGLB.