This stock is difficult to do a quantitative analysis on as the...

This stock is difficult to do a quantitative analysis on as the business is pretty different from others already listed.

Think about Tesserent as a super managed anti virus suite (very simplistic view). They provide a firewall service as well as managed specific response teams who analyse the latest threats and can provide tailored and direct solutions to specific attacks.

For example, juniper firewalls had a hard coded password allowing people to simply log in and monitor transmissions. source: https://www.cvedetails.com/vulnerability-list/vendor_id-874/Juniper.html

Tesserents job is to see which of their clients are affected and fix whatever security flaw is apparent before it gets exploited.