RE:just the facts Your post is important to frame Pyros shortened runway. The risk of investing in Pyro will steadily increase over time unless Pyro increases revenue. Thankfully, scheduled 2023 A/R payments, the $32 million backlog, and coming 10 cent HPQ warrants ensure Pyro has a solid outlook in 2023 even if it's very possible we see another equity offering later this year. The $6 million less expenses in 2022 is also a good indicator.
Pyro will be fine if the powder or pelletization contracts come though though.