None of their other companies have anything compelling or such a small revenue base that their exit strategy is years away. Market cap should be about 40mill depending how big or successful/not USSI turns out to be. Cash is going down.
Poor results. However, they seem to have sunk a lot of money into manufacturing capacity for USSI. Why do that ahead of contracts unless you have a VERY good indication of future demand???? As usual, the contract is just around the corner?? They also stated that they were chosen to move on to the next phase of the project but don't say that it is "exclusive" Hard to tell if they are the only company left, meaning they will get a contract, or others we down selected as well? I hope that is asked tomorrow.