This is an excellent company with a very clean balance sheet.
ISNS has only 5 m shares. It has $37 million in assets, only 6 million in liabilities and no debt and no preferred shares. The only thing that has been holding ISNS back is operating profit and growth, but that is starting to change. Once this pendulum swings back to profitability and growth, we could easily see this go to a market cap of over $60 million. That would be over $12/sh. Stay tuned.
Indeed... that is what everyone has been expecting-- that the company will continually post losses. That is why the stock is in the dumper. But balance sheet is still quite good. The company has not diluted stock holders' shares. Revenue is now climbing. If you read the most recent quarter's financials you would see that on a non-GAAP basis, performance was reasonably good and that product lines are seeing improved demand.