I know other people have already basically said this... but bankruptcy basically means protection from creditors, and TRID has no debt. So first let TRID figure out how to get some debt before you start questioning their ability to pay it back.
We'll have to wait and see what the cash burn rate was for Q4. I suspect that they'll have adequate cash to make it through 2011, but it's sounding like 2011 may be another "year of waiting", while TRID tries to get design wins for 2012. 2010 was supposed to be the final year of waiting, with 2011 being the year the cash starts to flow in. But management didn't sound very optimistic about 2011 during the last conference call, nor does the recent press release come across as all that cheery.
All the talk about the "connected home" is nice, but people have been talking about this for years and nobody seems to have figured out how to make money from it.