RE:this concerns me to buyOn top of the supply problems, the assemblies that they are receiving from China will be assigned a tariff thereby significantly reducing profit margins.
Up until last quarter they were purposely carrying a extra bunch of inventory that were not assigned a tariff. My guess is they were willing to stock more inventory in hopes that by the time they needed to replenish stock the tariffs would be removed. Unfortunately, that plan did not work out. In fact, they published in their last earnings report that they have submitted a proposal that their products be excused from any tariffs due to it being a safety product. I don't know why they waited so long to submit this request? So far we've heard no word from the company on this subject.
Another red flag is several months ago they let go of their investor relations firm.
Personally, I like the company's product and huge upside potential, but they've been experiencing a lot to tough luck lately due to the tariffs and Covid.
I guess that's the reason why it's a dime a share.....