What the financials do not yet reflect in the balance sheets found on Yahoo finance is the $83 Million cash that ZLTQ has to continue their roll out and ramp up the new direct to consumer marketing campaign.
This is a huge war chest to use to expand their turf and defend against poorly financed competitors.
$83 Million cash is the equivalent of $2.54 per ZLTQ share. Back that out and you have a business with revenues of $94 million in 2012 estimated, with a market cap under $150 million.
This is a great bargain as we will continue to see.