A company still losing money with steady sales, with elevated risk.
Going well
No debt reported
Watch out for
About 1 month of cash left at its current burn
Losing money, losses are large next to sales
Money moves
No insider buying or selling in the last 30 days
Institutions cut 0.3% from their holdings in the quarter ending June 2026 (3 bought, 2 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$2.57-12.0% that day
Company value
$31M
Share price times all shares
Price vs sales
23.4x
No profit over the last year, so this compares value with sales instead
Cash vs value
1%
Cash as a share of company value
From ATHR's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 11 quarters, from SEC filings
Sales, Jun '26
$329K-4.0% vs a year earlier
Dec '23Tap a barJun '26
Last 12 months: $1.3M, down 3.3% from the 12 months before.
What the price assumes
Your guesses, our math
Move the sliders to your own view of ATHR. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$1M
Profit in 5 years$0M
Price these guesses point to$0.14-94% vs $2.57 todayAbout -44% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales would have to grow about 73% a year for 5 years just to match today's price.
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/5Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-198.6%
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.-227.5%
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$3.6M
PassGross margin 40%+Pricing power: sells for well above what it costs to make.70.8%
Revenue
$1.4M
-4.1% vs prior year
Total debt
None
0.00x equity
Current ratio
3.38x
short-term assets / bills due
Free cash flow
-$3.6M
-258.7% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: profitable every year, share count not growing. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Revenue
$329K
-4.0% YoY
EPS
-$0.11
vs -$0.08
Gross margin
80.4%
+10.5 pts
Free cash flow
-$1.2M
Share count
+2.3%
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
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
■Steady-0.3%
Institutions cut 0.3% from their holdings. 3 bought, 2 sold. 2 quarters of net selling in a row.
Shares held by institutions125K
Sep '24Jun '26
Safety check
From SEC filings
Cash runwayAt last year's cash burn
1 months
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
12M
Why high risk
Losing money, losses are large next to sales
About 1 month of cash left at its current burn
High debt: 2.78x equity
3 offering filings in 6 months (may sell new shares)
Exchange listing notice (a delisting warning or a move to another exchange)
Auditor change
Earnings reports
Last 0
Next reportNot enough history
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days