Can anyone who knows $OTIC's finances better please chime in.
Balance sheet for 6/30 shows $155,337,000 in liquid assets. OS is 30,303,000. Market cap is currently $100 M.
Book value of OTIC is $155,337,000 / 30,303,000 or $5.13 a share!!
The $155M does not include the value of any IP or goodwill. Am I missing something here?