Past performance is no guaranty of future results. & Our served markets extend from research to industrial applications. This can and has resulted in substantial volatility in our revenue stream.& & The projected growth of the Materials Business has not met expectations. Any excess proceeds will be used for general working capital purposes.& & The maturity date for the Note is December 1, 2022. & Tantalum is the most corrosion resistant metal commercially available. In 2018, we announced that two patent applications were filed. CVD has a patent pending embodying this technology. As to this time there is not a near term revenue stream projected. & Our annealing and diffusion furnace systems are priced up to $900,000. & For the academia market, we also compete with laboratory built systems. Our overall revenues have declined from $41.1 million in 2017 to $16.9 million in 2020. Aerospace sales have represented as much as 60% of our total revenue. & This could cause our quarterly operating results to fluctuate. & We generally do not have guaranteed supply arrangements with our suppliers.& There can be no assurance that we will ever pay dividends on our common stock. Management's Discussion and Analysis of Financial Condition and Results of Operations. & All of these actions have adversely impacted our operating results.& Changes in and Disagreements with Accountants on Accounting and Financial Disclosure. & Item 9B. & & & & & & & & & Other Information. & The Board of Directors currently consists of six members. He also held various technical and management positions at IBM's semiconductor operation. Mr. Rosenbaum continues as a Director. Mr. McNeill holds a BBA in accounting from Hofstra University. & 3) Effective March 4, 2019, Thomas McNeill was appointed CFO, Secretary and Treasurer. ( 5) Does not include 7,100 shares of unvested restricted common stock. & ( 59 & & Item 14.& & & & & & & & & 32.1 **Section 1350 Certification of Principal Executive Officer. & Accordingly, we express no such opinion. & Actual results could differ from those estimates. & The purchase price of the building was $13,850,000 exclusive of closing costs. As of December 31, 2020 there were 345,000 options outstanding under this plan. & Employer contributions are optional. &
