I wish that we were getting the valuations that we were getting when we were half the company we were a number of years ago compared to our capabilities and demand signals right now and having a $300 million valuation as opposed to a $15 million or $20 million or less valuation right now. So it’s been really painful for all of us. And I feel for the shareholders, I feel for our management. I feel for our Board. I’m feeling that pain and going through it as much as anybody else. And the financing opportunities that we do have in front of us, of course, include equity, but they also include more traditional financing as these Tier 1 customers come on board, so we elected to do a small raise. Any future raises, we will continue to do small raises as well until the valuation, or if needed at that point, the valuation is such that we would do a large raise.
But right now, we’re really focused on trying to keep the dilution minimal, trying to run things as close to reasonably to the edge as possible so that we are trying to keep all our costs in line relative to the size of the market that we’re trying to address and not trying to take in too much money. So by some small business standards, you may look at some of the numbers and go, wow, you’re burning a lot of cash. But if you look at our competitors out there, in particular, the private competitors who have multibillion-dollar valuations aren’t doing more revenue. In fact, they don’t disclose their revenue, but I’m confident they’re not doing more revenue than we are or much more revenue than we are, and they’ve raised hundreds and hundreds and hundreds of millions of dollars and lose multiple times per month, but they’ve got that big opportunity in front of them.
And I do believe that they will be very successful. So I think when you compare it on that basis of the size of the opportunity and where we’re positioned in that opportunity, we’re in – we’re totally within a reasonable range at this moment. So there’s been nothing mentioned – fourth question. There’s been nothing mentioned about Ukraine lately. Is that not the focus anymore? No, the Ukraine has been incredibly important to us. It continues to be very important to us. We’re more quiet about it than we have been for many important reasons. But it’s a focus and we’re big supporters of it. And it’s been an incredibly poignant time for us to be able to look at our experience in Ukraine and relate it back to the experience that we’re bringing to our products and to the CONOPS of the domestic militaries that we’re working with right now.
So Ukraine will continue to be a focus for us. And at the appropriate time, you’ll hear a lot more about the work that we’re doing there. It’s just not appropriate, at this time, for us to talk. You’ll notice overall that our PR has dropped off quite a bit, and that’s just the requirement of where we’re at right now with the number of things and the customers that we’re working with. So the fifth question is, are stocks at an all-time low. What’s the plan to turn that around? Sales. Sales, Tier 1 customers. And at the time that we can be a bit more vocal, we will be very vocal. And just because we’re really proud of the work that our people are doing and the trust that the shareholders have given us and I think I’ve been fortunate enough to be in the game long enough to know when that swing is going to happen.
And this feels like it’s going to be a really, really significant swing when it happens. We’ll be appropriately loud when we can be at that point, and it will be very meaningful. And we’ll have some great numbers to back that up as well. So sixth, I think it’s six here, one, two, three, four, five, six, yes. So has there been any interest from third parties to buy us? Yes. I’ll just leave it there. And that tends to be happening more and more. There’s very interesting inquiries coming in now. And – yes, but listen, we want to build a fantastic company. We think we’ve got multibillion dollar potential here. There’s certainly the market in front of us for us. We’ve got a product that’s proving out to be worthy of that. We’ve got a team that’s able to integrate with the types of customers that we want to have and we have facilities and capabilities to scale to that now.
So those all become interesting things for people that are potentially looking to acquire us. But at this point, we’re looking to drive shareholder value through the market. And then the final question that I’ve got is what is the greatest near-term threat to the company? I think it’s balancing where we’re at, at this time in the market with – having made the strategic decision to focus on a very few customers and get them over the line with our particular products and the categories that they’re in and balancing that with managing the cash flows and managing the financings and such between those two. So it’s – for us, it becomes a bit of a timing issue. We’re within a quarter or two of that all happening and coming together. We feel confident with where we’re at with the plan.
