"Results from the Company's recent validation process indicated that the VCSEL threshold currents were near expectations and with good process yields, demonstrating excellent material properties and surpassing the results previously achieved"

The part of the of the news released that I have italicized "with good process yields", I see as a slight negative. If the yields were great, it would have said "excellent process yields". The yields must be excellent to produce the best cost of production per wafer. I am sure they are probably still optimizing that. All and all, a lot of positives have been achieved since the delay. Now we can leave the 'delay' in the past where it belongs. This company is moving forward now and I am somewhat excited.

Monolithic