The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/3Weak
PassDebt under half of equityNot relying on borrowed money.No debt reported
MissProfitable every yearSteady profits, not one good year.7 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$3.7M
Total debt
None
Free cash flow
-$3.7M
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: return on equity 15%+, net margin 10%+, share count not growing. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Free cash flow
-$163.2M
Share count
+244.4%
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
0.5
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▼Distributing-23.7%
Institutions cut 23.7% from their holdings. 34 bought, 50 sold.
Shares held by institutions5.4M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+27.6%
Cash runwayAt last year's cash burn
1268 months
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
12M
Why elevated risk
Losing money
Share count growing 27.6% a year (dilution)
Revenue down 1081.7% from the year before
Earnings reports
Last 0
Next reportNot enough history
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days