The market cap of $14M is ridiculous however SP3 is not viewed...

The market cap of $14M is ridiculous however SP3 is not viewed as a SaaS play rather "just a camera CCTV play". Unless you get right into the nitty gritty of what the opportunities and addressable market are you will struggle to see the potential. That's ok though. This will re-rate when the penny drops and that may take fundamentals rather than blue sky predictions.
It's not viewed as a tech play (which it most certainly is). Those with a short term view have got other fish to fry but those with a long term view will make multiple bags from here IMO. Management are grounded and experienced and know exactly what boxes need to be ticked and when. Reminds me so much of DTL when it was unloved and unknown but that hasn't stopped the very early birds making 50 bags. Not saying you'll see 50 bags in SP3 but I expect to see $40M market cap ($1) within 12-18 months and $100M+ ($2.50) within 3 years.
Fairly low risk play from here given they have a proven product and just need to scale.