Things have changed

Use of Proceeds in the ATM (now paused):

Unless otherwise indicated in a prospectus supplement relating to a particular offering of securities, the net proceeds to be received by the Company from the issue and sale from time to time of the securities, if any, will be used for general working capital purposes related to research and development of its optical engines for transceivers and light source modules for the AI market, capital asset purchases and selling and general and administrative expenses.

Use of Proceeds in the Preliminary Prospectus:

We intend to use the net proceeds from this offering, if any, for general working capital purposes, including revenue expansion and the development and production of photonic modules for AI and related markets.