A company still losing money with growing sales, with elevated risk. Insiders and institutions are both adding.
Going well
Sales up 63% in the latest quarter vs a year ago
Watch out for
Losing money, losses are large next to sales
Revenue down 29.2% from the year before
8 offering filings in 6 months (may sell new shares)
Money moves
An insider bought $11.7M of shares with their own money in the last 30 days
Institutions added 7% to their holdings in the quarter ending June 2026 (85 bought, 51 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$5.79-1.2% that day
Latest insider buy: A 10% owner bought at $7.18 on Oct 6. The stock is now $5.79, -19.4% since.
Company value
$564M
Share price times all shares
Cash vs value
44%
A big cushion: cash is a large part of what the company is worth
Debt vs value
0%
Debt as a share of company value
From AVR'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 10 quarters, from SEC filings
Sales, Jun '26
$1.0M+63% vs a year earlier
Mar '24Tap a barJun '26
Last 12 months: $2.2M, down 9.6% from the 12 months before.
What the price assumes
Your guesses, our math
Move the sliders to your own view of AVR. 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$0.02-100% vs $5.79 todayAbout -68% a year, before dividends
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.
0/3Weak
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.Losses many times its sales
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$79.8M
Revenue
$1.9M
-29.2% vs prior year
Total debt
$22K
Current ratio
0.73x
short-term assets / bills due
Free cash flow
-$79.8M
-4169.2% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, profitable every year, share count not growing, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 12
Revenue
$1.0M
+63.3% YoY
EPS
-$0.30
vs -$0.58
Op. margin
-3072.1%
+307.2 pts
Gross margin
76.9%
+0.8 pts
Free cash flow
-$21.4M
Share count
+169.9%
vs a year ago
Insider rating
Last 90 days
77Buying
1 insider bought $11.7M
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trend
13 weeks agoBoughtSoldThis week
Filing buzz
Last 7 days vs normal
0/ 100
This week
0
Normal week
2.3
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+7.0%
Institutions added 7.0% to their holdings. 85 bought, 51 sold. 2 quarters of net buying in a row.
Shares held by institutions69.0M
Sep '24Jun '26
Safety check
From SEC filings
Cash runwayAt last year's cash burn
39 months
Debt to equityLatest balance sheet: debt compared with what owners have
Owes more than it owns
Shares outstandingLatest reported
97M
Why elevated risk
Losing money, losses are large next to sales
Revenue down 29.2% from the year before
8 offering filings in 6 months (may sell new shares)
Earnings reports
Last 7
Next reportAround Nov 12 (est.)Estimated from the same quarter last year
Results filedAug 12
Results filedMay 13
Results filedFeb 27
Results filedNov 13, 2025
Results filedAug 12, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days