The checklist Warren Buffett-style investors use. Annual numbers for 2025.
0/4Weak
MissDebt under half of equityNot relying on borrowed money.Owes more than it owns
MissProfitable every yearSteady profits, not one good year.3 of 5 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$8.0M
MissShare count not growingNot diluting owners. Falling means buybacks.+188.9% in 3 years
Revenue
$15.3M
Current ratio
2.94x
short-term assets / bills due
Free cash flow
-$8.0M
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, net margin 10%+, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 6
Revenue
$4.1M
+92.1% YoY
EPS
-$0.07
vs -$0.75
Op. margin
-36.1%
+58.1 pts
Gross margin
75.1%
+3.7 pts
Free cash flow
-$235K
Share count
+8.0%
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
0.3
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▼Distributing-29.2%
Institutions cut 29.2% from their holdings. 40 bought, 53 sold.
Shares held by institutions5.0M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+40.0%
Cash runwayAt last year's cash burn
19 months
Debt to equityLatest balance sheet: debt compared with what owners have
Owes more than it owns
Shares outstandingLatest reported
34M
Why high risk
Share count growing 40% a year (dilution)
Owes more than it owns (negative equity)
Revenue down 33.5% from the year before
2 offering filings in 6 months (may sell new shares)
Earnings reports
Last 8
Next reportAround Nov 16 (est.)Estimated from the same quarter last year
Results filedAug 6
Results filedMay 11
Results filedFeb 17
Results filedNov 17, 2025
Results filedMay 15, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days