The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-15.2%
PassDebt under half of equityNot relying on borrowed money.0.44x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-8.7%
MissProfitable every yearSteady profits, not one good year.0 of 7 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$69.1M
MissShare count not growingNot diluting owners. Falling means buybacks.+8.7% in 3 years
Revenue
$759.6M
+19.2% vs prior year
5-year growth
+29.5%/yr
revenue, per year
Total debt
$190.0M
0.44x equity
Current ratio
1.60x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 10
Revenue
$213.9M
+10.4% YoY
EPS
-$0.05
vs -$0.04
Op. margin
-2.8%
+0.9 pts
Free cash flow
-$38.6M
Share count
+0.3%
vs a year ago
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
7
Normal week
3.7
vs normal
1.9x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+1.0%
Institutions added 1.0% to their holdings. 149 bought, 125 sold.
Shares held by institutions164.8M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+2.8%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.5x · $205.0M debt
Shares outstandingLatest reported
170M
Why elevated risk
Losing money
Exchange listing notice (a delisting warning or a move to another exchange)
Earnings reports
Last 12
Next reportIn 7 days (est.)Estimated from the same quarter last year
Results filedAug 10
Results filedMay 6
Results filedFeb 23
Results filedNov 5, 2025
Results filedAug 11, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days