katz - the ttm eps is -0.15, so the trailing PE is infinity. If you back out the 3.5 million of one-time cost they still would have had a loss for the year of about 100,000.

To be fair that small loss also includes some investment losses over the year to their portfolio. Of course if you are going to include it in the good years you should include it in the bad years.

Disclosure: I do own some puts on the stock since i believe it is significantly over priced.