First of all, you are of course right, we don’t know how the situation is. All we can is making an educated guess. So, yes, please take everthing I am writing with a truckload of salt. The information I have is very limited.
But from what you wrote, I am wondering if you saw today’s news. We do know the terms of the SS deal. OS has lost the entire funding and has to pay back anything that was already paid out - probably a substantial amount, given that the game is “more than halfway completed” according to Walter.
And Chris said previously that everything is ok? I remember he did and I think he was honest. But in the last two months, everything has changed. A small studio has lost a $12 million deal and has to repay - my guess - north of one third of that amount.
And SEC filings…what I found with a quick search is that as late as October 2018, someone invested $3.5 million in equity and preferred stock:
So maybe that and other funding we don’t know of keeps the company going until SS3 is released. It’s possible, but my gut feeling is that a small studio can’t survive a failure like UA and the loss of it’s only publishing deal.
Maybe I’m wrong. Everyone is invited to draw their own conclusions.