The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/6Weak
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.-123.9%
MissProfitable every yearSteady profits, not one good year.1 of 9 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$684K
MissShare count not growingNot diluting owners. Falling means buybacks.+48.8% in 3 years
PassGross margin 40%+Pricing power: sells for well above what it costs to make.40.5%
Revenue
$2.9M
-19.5% vs prior year
5-year growth
-27.2%/yr
revenue, per year
Total debt
$258K
Current ratio
0.31x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported May 23, 2023
Revenue
$532K
-54.6% YoY
EPS
$0.00
vs -$0.04
Op. margin
-29.0%
+13.1 pts
Gross margin
55.8%
+34.2 pts
Free cash flow
-$47K
Share count
+773.2%
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
0.4
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+984.8%
Cash runwayAt last year's cash burn
0 months
Debt to equityLatest balance sheet: debt compared with what owners have
Owes more than it owns
Shares outstandingLatest reported
172M
Why high risk
Losing money, losses are large next to sales
Less than a month of cash left at its current burn
Share count growing 984.8% a year (dilution)
Owes more than it owns (negative equity)
Bills due within a year exceed short-term assets
Revenue down 19.5% from the year before
Late quarterly report notice
Late annual report notice
Earnings reports
Last 3
Next reportDue any dayEstimated from the same quarter last year
Results filedMay 23, 2023
Results filedNov 15, 2022
Results filedAug 16, 2022
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days