A company still losing money with steady sales. Institutions are trimming.
Watch out for
Losing money, losses are large next to sales
Debt above equity: 1.4x
1 offering filing in 6 months (may sell new shares)
Money moves
No insider buying or selling in the last 30 days
Institutions cut 3.4% from their holdings in the quarter ending June 2026 (30 bought, 40 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$2.55-1.2% that day
Company value
$105M
Share price times all shares
Price vs sales
3.0x
No profit over the last year, so this compares value with sales instead
Cash vs value
5%
Cash as a share of company value
Debt vs value
188%
Owes more than the whole company is worth
From BEEP'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
$8.9M-1.1% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $34.7M, down 4.1% from the 12 months before.
What the price assumes
Your guesses, our math
Move the sliders to your own view of BEEP. 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$28M
Profit in 5 years$3M
Price these guesses point to$1.03-60% vs $2.55 todayAbout -17% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales would have to grow about 15% 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.
1/4Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-13.8%
MissDebt under half of equityNot relying on borrowed money.1.40x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-61.1%
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$848K
Revenue
$35.1M
-5.2% vs prior year
Total debt
$198.3M
1.40x equity
Free cash flow
$848K
2.4% 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, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 11
Revenue
$8.9M
-1.1% YoY
EPS
-$0.08
vs -$0.11
Free cash flow
$1.7M
Share count
-3.3%
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
52/ 100
This week
1
Normal week
0.9
vs normal
1.1x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▼Distributing-3.4%
Institutions cut 3.4% from their holdings. 30 bought, 40 sold. 2 quarters of net selling in a row.
Shares held by institutions26.3M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+44.5%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
1.5x · $189.1M debt
Shares outstandingLatest reported
41M
Why elevated risk
Losing money, losses are large next to sales
Share count growing 44.5% a year (dilution)
Debt above equity: 1.46x
1 offering filing in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportAround Nov 9 (est.)Estimated from the same quarter last year
Results filedAug 11
Results filedMay 12
Results filedMar 2
Results filedNov 10, 2025
Results filedAug 12, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days