please advise I have no position
I think that the very good SA piece on top of the list of news items can clear that up for you, especially if you make use of the links found therein.
The stock had a takeover priced into. They were reportedly shopping themselves and even had a ~25 offer but decided to go it alone. Needless to say things tanked as it went from easy money to building a salesforce from the ground up.
That took the stock from the 20's to around 10-11. The rest of the drop to the current level is due to the general stock market meltdown and of course this is a small cap.
The same bs that caused almost every other stock to drop big.No mystery.