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.-26.1%
PassDebt under half of equityNot relying on borrowed money.0.02x equity
MissProfitable every yearSteady profits, not one good year.4 of 6 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$288.5M
MissShare count not growingNot diluting owners. Falling means buybacks.+558.1% in 3 years
Total debt
$1.6M
0.02x equity
Free cash flow
$288.5M
From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. Not in this company's SEC data, so not scored: net margin 10%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 13
EPS
-$8.05
vs -$0.54
Free cash flow
$263K
Share count
-0.6%
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
3.5
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-1.9%
Institutions cut 1.9% from their holdings. 10 bought, 5 sold.
Shares held by institutions604K
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+87.4%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.0x · $1.3M debt
Shares outstandingLatest reported
27M
Why high risk
Losing money, losses are large next to sales
Share count growing 87.4% a year (dilution)
9 offering filings in 6 months (may sell new shares)
Past financials no longer reliable
Earnings reports
Last 12
Next reportIn 2 days (est.)Estimated from the same quarter last year
Results filedAug 13
Results filedJul 15
Results filedApr 30
Results filedJan 29
Results filedOct 30, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days