At this rate we'd have 20 licenses signed by end of Q (Feb 28).
If the net income per license is the same as the average for the last 4 Qs ($1.44M) this Q's EPS would be 8 cents.
TTM EPS would = 11 cents.
Put a modest P/E ration on that 11 and what do we get?
Our licensing rate is 6 times better than the average for the last 4 Qs. I'd be satisfied with that, and I think we're still ramping up.