Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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No need to speculate, they laid out the new timetable very clearly in the latest presentation.  Posted this already, but from old to new roadmap is as follows....and yes this explains the share price...

 

100/200G was "production" Q3, now Q4

400G Light Engine was "production" in Q3, now no "production" this year

400G FR4 Receiver was "production" mid Q3, now Q4

400G FR4/DR Optical Eng was "beta" by Q3, now just "alpha" Q4 (was Q2)

 

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