tl;dr: GoPro founder Nicholas Woodman is personally loaning the struggling company $20 million at 6.5% interest as it searches for a buyer, with reports suggesting it may not survive the year without new ownership or capital. Q1 2026 revenue dropped 26% year-on-year, camera unit sales fell 29%, and the company is cutting 23% of global staff. Recent moves into aerospace/defense and the new Mission 1 pro camera lineup may be too late, especially after losing a patent battle to rival Insta360.