10% Owner Chernett Jorey purchases 38,500 shares at $4.07 avg; stock +18.2% in 30d, +60.0% in 90d
Chernett Jorey, a 10% owner, executed 2 separate purchases totaling 38,500 shares for $156,595.00 at a blended average price of $4.07 on 2026-05-19 and 2026-05-20, increasing his holdings from 10.53M to 10.57M shares. The timing of this purchase aligns with a notable price recovery: the stock has risen 18.2% over 30 days and 60.0% over 90 days, and is currently trading at $4.16, only 14.8% below its 52-week high of $4.88. His 5 prior purchases at this ticker all showed positive 90-day returns (+3.2% to +38.5%), establishing a consistent pattern of prior trades that eventually gained. The company reported quarterly revenue of $147.4M with annual growth of +27.8%, though it remains unprofitable with $-2.5M net income in the latest quarter. This buy by a major shareholder during a period of stock appreciation warrants observation given his track record at this ticker.