Not going to go too in-depth on this, but just looking at balance sheet + rough estimates.
Their market cap is \~**310 mil**
Current Assets - Current Liabilities is \~**200 mil**
Assets - Liabilities - Goodwill gets you \~**280 mil**.
They're not super profitable, but they seem to get in the range of \~5-10% net income margin. OCF has been positive last 5 quarters + annually for the last 5 years. Even if their revenues fall as projected (\~350mil range vs 430mil last year), it doesn't seem like they'll suffer any major losses (and I also am unsure about 350 mil target, since Q1+Q2 are >200mil and I wouldn't be surprised if, assuming their pivot to high-dollar gigs works, the Fall / holiday season increases traffic).
I know this is all pretty low-level, but looks to me like the risk profile is pretty low given the potential upside. Not investment advice at all (still doing my DD after all), but seems like an interesting play that could yield some nice outcomes.