RE:Absolute fail as far as covid testing goesThey have many products; the Venowave was purchased from Saringer when that deal went through. Only makes sense to also continue to work and build the other devices. This one already has FDA approval and is good to go. Already a potential sales agreement in place.
Once cash flows in, this will only benefit the other research products.
I'd rather see THRM make it to the finish line with no issues, than what happened with SONA; putting the cart before the horse and abandoned their project.
Yes, the hype about COVID is lessening, but it'll be back. If you check the global graph, you can see the curve is starting to increase world wide. It went massively down, like it had before; but is starting to move up. Thus, testing still needed.