"Perception.." "Projection..." bla bla bla. This company needs some reality. The ARE shipping something to someone "worldwide" but right now that doesn't add up to much. That's the only reality on this table. Even Watts doesn't know WHAT lqmt is shipping to WHO or HOW MUCH for WHAT? Yeah, I know...NDA.
If you are talking about an SBIR grant, completion of a Phase II in no way guarantees that a phase III will be granted (in fact only a small percentage of completions receive a phase III). The process is far from automatic.
In addition the military is sharply cutting back n funding this year.
In addition the amount of the grant is limited (I believe that it is about $750 K. And those that do receive grants don't necessarily receive the maximum. A significant amount of money, but very far from enough to restore the company to break even!