A company still losing money with growing sales. Institutions are adding.
Going well
Sales up 17% in the latest quarter vs a year ago
Watch out for
Owes more than it owns (negative equity)
Losing money
Bills due within a year exceed short-term assets
Money moves
No insider buying or selling in the last 30 days
Institutions added 41% to their holdings in the quarter ending June 2026 (17 bought, 6 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$1.19+5.3% that day
Company value
$31M
Share price times all shares
Price vs sales
1.6x
No profit over the last year, so this compares value with sales instead
Cash vs value
38%
A big cushion: cash is a large part of what the company is worth
From BCHT'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 12 quarters, from SEC filings
Sales, Jun '26
$3.8M+16% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $19.2M, up 11% from the 12 months before. Over 5 years, sales grew about 17% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of BCHT. 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$32M
Profit in 5 years$3M
Price these guesses point to$1.84+55% vs $1.19 todayAbout +9.1% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales would have to grow about 1.7% 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.
1/5Weak
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.-17.2%
MissProfitable every yearSteady profits, not one good year.1 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$729K
PassGross margin 40%+Pricing power: sells for well above what it costs to make.42.0%
Revenue
$17.6M
+1.3% vs prior year
5-year growth
+16.7%/yr
revenue, per year
Current ratio
0.47x
short-term assets / bills due
Free cash flow
-$729K
-4.1% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, share count not growing. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Mar 4, 2025
Revenue
$3.8M
+16.5% YoY
EPS
-$0.11
vs -$0.08
Op. margin
-42.8%
-6.4 pts
Gross margin
27.2%
-2.6 pts
Free cash flow
-$2.9M
Share count
+36.6%
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
0.2
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+40.9%
Institutions added 40.9% to their holdings. 17 bought, 6 sold. 2 quarters of net buying in a row.
Shares held by institutions4.6M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-34.7%
Cash runwayAt last year's cash burn
203 months
Debt to equityLatest balance sheet: debt compared with what owners have
Owes more than it owns
Shares outstandingLatest reported
26M
Why low risk
Losing money
Earnings reports
Last 10
Next reportDue any dayEstimated from the same quarter last year
Results filedMar 4, 2025
Results filedMar 4, 2024
Results filedApr 20, 2023
Results filedJan 18, 2023
Results filedMar 10, 2022
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days