Financial StabilityThere is sufficient cash at least through the end of 2025, with expectations of improved cash burn to around $4M and nil by YE25.
Market ExpansionLAES finalized the design of its next-generation chip based on a RISC-V architecture, which expands LAES's addressable market by entering the $2B+ market for trusted platform module (TPM).
Revenue GrowthManagement reiterated the expectation for a revenue pickup underpinned by a $71M pipeline of legacy products, which could grow to $100M+ after next-generation product samples are shipped.