Trade receivables not past due - over $11 millionThe inventories of over $10 million were recently analyzed with no impairment needed. Cash is more than debt. Low current liabilities. Qualification for key COVID-19 benefit programs from both Canada and US. The book value of the equipment at over $46 million has recently been subjected to over $95 million of depreciation, so it's fair to say the $46 million book value is a very conservative valuation. At these levels the trading must be almost exclusively retail because the volume just can't interest larger entities, so some choppy trading could be expected from cash-strapped holders in need of liquidity, but every time I look at the financials and review the technology I come away impressed. I like having a senior accountant as the top dog of the whole operation.
I also like ESN and TCW.
What do you think?