Any reversal will be short lived, as long as GNUS is recording losses on small revenue.
The company is fairly overvalued, even considering the $55 million in cash and zero debt.
Once the 59+ million shares (from debt conversion) are fully registered, there will be 217 million shares outstanding. At $2.25 per share, the market cap of GNUS is about $488 million.
The company had revenue of less than $6 million last year. Q1 2020 revenue was only $334,739.
Right now, there is nothing that says GNUS should be valued near half a billion dollars.