The biggest issue is they only have ~$2 million in cash, had raised ~$18 million back in May, 2022 and now only $2 million left. Making payments to Samsung to try and prevent them forcing them into BK. Must be paying off other outstanding expenses and near term debt.
Going to be interesting to see what a BizDev CEO can due to instantly generate some cash to keep the lights on. Otherwise he's going to be the captain of the Titanic. $2 million doesn't make it through July.
Wrong format just means they don't have it as SAS transport files or whatever is currently being used and the accepted computer language for data transfer. It's like they submitted the data in German instead of English. Now they're translating to English so it can be backtranslated to whatever language the particular agency or company speaks. A pain in the butt to do and validate, but once you're done, you're done
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