Paycheck Protection Program
Total 3 Posts
With $60 million in the bank, a big backlog (versus a $14 million market cap), and a management dedicated to fixing the profitability issues, I think the company has enough run way to get through the Covid-19 crisis, turn itself around and return to its former valuations.
This company is tiny. As I write this, it has a market cap of $3.4 million, an operating business that has been interrupted by COVID-19, and $4 million cash in the bank. Here are some things I like: