The Tech Sector has been smashed, inflation is on the rise and then Russia invades Ukraine... There is nothing wrong with IHR, they've gone from $5.6m to $7.23m ARR in 3 months and have $10.8m Cash, enough for at least another year before a CR is required at their current burn rate.
At 14.5, it values the IHR at 6.5 x ARR, cheap for a high growth tech stock, even in this market.
IHR Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held