I think saying that a company, who has zero debt, is a financial mess is completely misgiven.

Hindsight is 20/20, the company likely thought the order book would be full by now but world events and customers reactions to them are likely the reason for the extended runway and the need for additional cash.

I disagree, we are low on funds and have entered into a very open ended financing and the wording of the NR is just terrible. Hindsight is what the execs and BOD has that we don't. They know what is happening behind the scenes and are tasked with managing that process. They know well in advance if their customers customers are not ready yet for this new technology, they know and have the experience to forcast what is coming up in the pipeline. This is their job, to plan and understand the market and what is happening in the next 12 months to 3 years.