The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/5Weak
PassDebt under half of equityNot relying on borrowed money.No debt reported
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.Losses many times its sales
MissProfitable every yearSteady profits, not one good year.2 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$8.2M
PassGross margin 40%+Pricing power: sells for well above what it costs to make.56.5%
Revenue
$1.1M
5-year growth
-39.3%/yr
revenue, per year
Total debt
None
0.00x equity
Current ratio
1.43x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, share count not growing. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Dec 4, 2024
Revenue
$514K
+71.9% YoY
EPS
-$0.10
vs -$0.14
Op. margin
-384.0%
+162.5 pts
Gross margin
49.2%
-42.4 pts
Free cash flow
-$1.8M
Share count
+17.2%
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
0.5
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+32.8%
Institutions added 32.8% to their holdings. 9 bought, 12 sold. 2 quarters of net buying in a row.
Shares held by institutions1.6M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+101.2%
Cash runwayAt last year's cash burn
14 months
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
16M
Why high risk
Losing money, losses are large next to sales
About 14 months of cash left at its current burn
Share count growing 101.2% a year (dilution)
4 offering filings in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportDue any dayEstimated from the same quarter last year
Results filedDec 4, 2024
Results filedNov 15, 2024
Results filedNov 21, 2022
Results filedAug 15, 2022
Results filedMay 23, 2022
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days