Questions about fundraising

Hello everybody.
I’m interested in the pocket popcorn computer. In the project’s home page I see that you plan shipping the production units by May 1st, but I also see that the money you raised so far is still much lower than your goal. So my questions are:
Do you have a deadline prior to May 1st to reach your fundraising goal?
What would happen if you don’t reach your goal within that date?
Thanks in advance for the clarification.