When calculating Trident's enterprise value, which Yahoo! reports as about $7 million, one should add the additional shares that NXP will own if the deal goes through. We don't know what the exact number of shares will be, because it will be 60% of the shares outstanding on the day the deal closes. But if we assume that the share count doesn't change much between now and then, we can compute a current enterprise value of $116 million, including the dilutive effect of the future shares.