Apparently, back in 2017, they thought it prudent. This week they used it. So the answer is unequivocally YES. Problem isn't the offering. It's your rose colored glasses. But....you don't pump. Lol
Pretty standard housekeeping item for a US listed company. Its there for rapid debt and equity issuances and everything in between ( e.g. quasi equity, warrants etc,etc)and just sits there for "if and when" the need arises.