The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/5Weak
MissDebt under half of equityNot relying on borrowed money.Owes more than it owns
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-2.1%
MissProfitable every yearSteady profits, not one good year.2 of 6 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$235K
PassShare count not growingNot diluting owners. Falling means buybacks.-5.9% in 3 years
Revenue
$23.5M
-11.0% vs prior year
Total debt
$6.5M
Current ratio
0.34x
short-term assets / bills due
Free cash flow
-$235K
-1.0% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Mar 31, 2026
Reported Dec 14, 2022
Revenue
$3.4M
-52.2% YoY
EPS
-$0.01
vs -$0.02
Op. margin
-26.3%
-7.4 pts
Gross margin
4.8%
-3.6 pts
Free cash flow
-$610K
Share count
-5.9%
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
0/ 100
This week
0
Normal week
0.0
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-1.8%
Cash runwayAt last year's cash burn
11 months
Debt to equityLatest balance sheet: debt compared with what owners have
Owes more than it owns
Shares outstandingLatest reported
89M
Why high risk
Losing money
About 11 months of cash left at its current burn
Owes more than it owns (negative equity)
Bills due within a year exceed short-term assets
Revenue down 11% from the year before
Late annual report notice
Late quarterly report notice
Earnings reports
Last 1
Next reportNot enough history
Results filedDec 14, 2022
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days