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Oops you're right. $3.10 per share in cash.
Yup, anyone who sells is essentially paying you a dollar to take their share in a profitable business!
one single look at the statement of operations would have revealed to you that the loss from operations was above $2 mln for the most recent quarter due to ongoing heavy R&D spending.net income has been generated only through interest income for quite some time now.Hopefully the heavy spending will convert to profitable revenue growth in the near future but this is all but sure.