Supply Chain Dependencies: The company relies on third-party manufacturers and suppliers, making it vulnerable to disruptions, increased costs, or quality issues in its supply chain, which could impact product availability and profitability.

Intense Market Competition: iPower operates in a highly competitive e-commerce and gardening market, facing pressure from established players and new entrants, which could affect pricing, market share, and sales growth.

Customer Acquisition and Retention Challenges: Sustained profitability depends on effectively acquiring and retaining customers through marketing and competitive pricing, and failure to do so could negatively impact revenue.