RE:RE:RE:Why is management so bullish on H2 2021 and beyond? Thanks all for the kind words, i too appreciate the contributions from others on this chat board.
Management last guided to a long term 15% R&D run rate so that should be our expectations going forward. The reason that number was nearly twice as high during 2020 and more recently was due to the low sales while the company wanted to keep the foot on the gas for development particularly regarding new OEM wins. The absolute dollar amount being spent LTM divided by 15% should give us a rough idea of where management thinks sales are going over the next 12-24 months (around US$30mm). That should be enough to get the company to break even cash flow on a run rate basis with any additional growth incremental to value creation.