The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/2Mixed
PassDebt under half of equityNot relying on borrowed money.No debt reported
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$54.3M
Total debt
None
0.00x equity
Current ratio
10.61x
short-term assets / bills due
Free cash flow
-$54.3M
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, net margin 10%+, profitable every year, share count not growing, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 11
EPS
-$0.66
vs -$0.66
Free cash flow
-$17.6M
Share count
+0.7%
vs a year ago
Some values are worked out from year-to-date totals in the annual report.
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trend
No trades to chart yet.
Filing buzz
Last 7 days vs normal
66/ 100
This week
2
Normal week
1.0
vs normal
2.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▼Distributing-6.3%
Institutions cut 6.3% from their holdings. 39 bought, 48 sold. 2 quarters of net selling in a row.
Shares held by institutions9.5M
Sep '24Jun '26
Safety check
From SEC filings
Cash runwayAt last year's cash burn
16 months
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
22M
Why moderate risk
Losing money, losses are large next to sales
About 16 months of cash left at its current burn
Earnings reports
Last 7
Next reportAround Nov 12 (est.)Estimated from the same quarter last year
Results filedAug 11
Results filedMay 7
Results filedMar 23
Results filedNov 13, 2025
Results filedAug 13, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.