They don't seem to have any value listed for Intangible assets , i suppose that's why its net tangible assets only for now.
I guess since its not generating any measurable economic benefit from its IP yet it doesn't really have much quantifiable value.
http://www.wipo.int/edocs/mdocs/sme/en/wipo_smes_bwn_13/wipo_smes_bwn_13_13_damodaran.pdf
"For an IP asset to have a quantifiable value, it should: - generate measurable amount of economic benefit to its owner/user."
Ann: Market Update, page-56
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