Financial RisksThere are risks related to construction financing, funding, and equity dilution, which could impact the company's financial stability.
Revenue And Earnings OutlookManagement reduced 2024 revenue guidance to $20M-$22M, -13% y/y at the midpoint, from $24M-$27M.
Stock Price LimitationA preliminary non-binding proposal was made to buy all outstanding shares at $1.98 per share, limiting potential stock price gains.