Yes, I suppose the more salient thing here is that they did take out a large loan to meet their opex while (likely) trying to raise a rather large round to keep

Yes, I suppose the more salient thing here is that they did take out a large loan to meet their opex while (likely) trying to raise a rather large round to keep going and release the next device. I wonder if softbank's current precarity is causing some general difficulties, independent of Magic Leap's viability. The scale of their cash needs going forward are.. rather large