Even if by some miracle they do manage to sell them, and the...

Even if by some miracle they do manage to sell them, and the margins you mentioned are more or less true, they'll be left with a loss after all the operational/marketing expenses.
We all know how much they love to travel and how little work they do, and how prudently they spend cash. Aggressive marketing = $$$

So in summary, it's a big win for AEE and loss-loss situation for IOT.
Unless they do another cr, they'll be gone by the end of the year, if not sooner.