Rdunn88, you're reading the section for the NASDAQ Global Select Market. CTIX will not qualify on those standards.
Scroll down to page 8: NASDAQ Global Market. CTIX can meet the Market Value Standard with additional days of a minimum bid of $4 and additional BOD members.
Scroll down further to page 9: NASDAQ Capital Market. CTIX can qualify under Equity Standard and Market Value standard. Again, they need the minimum bid, BOD or to meet the closing price standard.