If Li knocks the operating expenses down to around $3M/Yr. Then there won't need to be much (in the big picture) coming our way to get out of the red and into the black.
biggest unanswered remains how much sales flow will come through for Yihao to produce.
The 300 plus RFQs during Steipp's tenure, and the interest in medical and automotive parts that BB mentioned, are probably still around. For a number of reasons (such as production costs using LM105 and lack of capacity to fill large orders), the initial interest waned... but it's likely still there.
It's hard to believe that Lugee would be ramping up production capacity, at a significant cost, without knowing it will be utilized.