Welcome to our forum.
As I recall, Emerald stopped making spas because other aspects of their business were FAR more profitable, hence they simply decided to discontinue making spas. I doubt a bankruptcy is in their future.
I did look at the hot springs Hot spot and the Flare today, both very nice. TC hot springs can you tell me how the Hot Spot is compared to the Flare and if the speaker radio is worth the extra money? The Hot Spot is about $200 more than the Emerald and $2800 more than the Flare. Last question is the Flare worth the extra $2600 over the Hot Spot?