Risk is smaller but reward is smaller too, I think the current price is very optimistic for a company that hasn't made a profit in, like, half a decade.
They are currently priced at 3 dollars-something, priced for success and future earnings using god knows what as a measurement as the company clearly states they believe shares are worth no more than $1.29 per share. EPS from continuing operations has been negative since forever and dividends are a distant pipe dream.
Revenue continues to trend down and was last stated as -18% YOY and is falling faster than they can cut costs. They are derisked but it feels like they are still pouring money into a bucket filled with holes.