Can you please connect the top of the A to the rest of it's shape.

Please do it for the other letters too.

Yes, this digital decay is comparable to the material counterpart in a 1-bit photocopy.
Simple to do (before the longer pixel work by hand - if you did not script it too), but I already like this old and rough look as is, personally (esp. viewed at distance or at 1:1 size). Quite an economical 1bpp font b.t.w.
Unfortunately, adding the gray 'bit depths' (as if the filtering made a 8-bit copy [Wikipedia: pixelation]) is a matter of interpretation, highly subjective into 1 bit (in general, unlike e.g. "X" in this case), with numerous possible and debatable alternatives (that may come closer to the minimal/pixel art…).
The resort to this kind of blueprint is known by the artist. To help e.g. Brynda get the missing pixels, catbot2000 could post the link to the original font (Courier-typeface alike) as e.g. a translucent bitmap layer (though I'm afraid the author is not retro-engineering inclined, from the uncredited derived work we can guess).
If it were me the beggar, I'd prefer either a giant 1-bit conversion (the max possible as a cleaner fontstruction), or an even smaller downscaling than submitted here (the minimal matrix without duplicate, and as many original serifs as there can be).
{As I did not mark "Binarize Serif" to be a 'micro' font candidate (in my project with its extremely low-res prerequisite), I cannot plan a follow-up comment of your page, except fortuitously, e.g. to remind the great number of possible, albeit destructive filters. I think this creative site needs more usable (and personal) works, but heck! you choose, it's free!}

catbot2000 suggested today: “If you'd like to make a modified version, be my guest.”

Impossible: you disabled the derivatives (from your choice of license)…

{Bye!}