RE:What's Next..... A Thought to Promote Some Discussion Concur with your statement for the need additional funding. And it very well could come through a strategic partner or other strategic funding arrangement. That appears to be the balloon that EXRO was floating through 4Front's December report.
Using share price as a criterion for committing funds seem tenuous as SP for emerging growth companies is often volatile. Sales or revenue might offer a better alternative. I suspect that EXRO might be looking more for an upfront commitment of funds.
Nice to some discussion on additional topics.