RE:RE:Q1 They're definitely looking at acquisitions. Their last press release on May 12, 2022 mentioned the following under the outlook section:
"Selectively pursue product and business acquisitions in a prudent manner with a focus on high growth potential and near-term profitability"
And CEO Mr. Craig Mull commented,
"We remain focused on identifying and evaluating profitable product and company acquisitions that will accelerate our growth and drive shareholder value and are continuing to build cash reserves in anticipation of such transactions."
They desperately need a catalyst. A prudent acquisition would be be a boon for the share price. An imprudent acquisition would be a death knell.