The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/4Mixed
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-4.0%
MissProfitable every yearSteady profits, not one good year.9 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$34.9M
PassShare count not growingNot diluting owners. Falling means buybacks.-0.9% in 3 years
Free cash flow
$34.9M
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: debt under half of equity, net margin 10%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 7
EPS
-$0.85
vs $0.18
Free cash flow
$9.3M
Share count
+0.8%
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
1
Normal week
1.8
vs normal
0.6x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+8.7%
Institutions added 8.7% to their holdings. 63 bought, 41 sold. 5 quarters of net buying in a row.
Shares held by institutions7.9M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+2.5%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
Total liabilities $2.8B
Shares outstandingLatest reported
18M
Why moderate risk
Losing money, losses are large next to sales
3 offering filings in 6 months (may sell new shares)
Auditor change
Earnings reports
Last 12
Next reportDue any dayEstimated from the same quarter last year
Results filedAug 7
Results filedAug 3
Results filedApr 22
Results filedJan 30
Results filedOct 27, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days