If the company can continue its business momentum into the next few quarters AND continue to win some more contracts AND remain cash flow positive, or better yet, increase its operating leverage .... there is definitely an argument that there even with the recent share price surge there might be some good value in the company

Over the past two weeks, SenSen has won a couple of Canadian contracts with the cities of Calgary and Montreal. Not bad terms either and market has responded quite positively with the share price up 35% today (September 12).

Though there is some illiquidity and hence volatility which could explain some of the movement