The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-59.4%
PassDebt under half of equityNot relying on borrowed money.0.10x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-195.5%
MissProfitable every yearSteady profits, not one good year.0 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$7.1M
MissShare count not growingNot diluting owners. Falling means buybacks.+37.1% in 3 years
Revenue
$7.4M
-64.3% vs prior year
5-year growth
+25.8%/yr
revenue, per year
Total debt
$2.5M
0.10x equity
Current ratio
0.33x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: 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
$2.1M
+5.2% YoY
EPS
-$0.04
vs -$0.19
Op. margin
-111.8%
+195.8 pts
Free cash flow
-$800K
Share count
+60.4%
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
0.3
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+63.3%
Institutions added 63.3% to their holdings. 28 bought, 14 sold. 3 quarters of net buying in a row.
Shares held by institutions7.7M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+27.5%
Cash runwayAt last year's cash burn
10 months
Debt to equityLatest balance sheet: debt compared with what owners have
0.1x · $4.5M debt
Shares outstandingLatest reported
52M
Why high risk
Losing money, losses are large next to sales
About 10 months of cash left at its current burn
Share count growing 27.5% a year (dilution)
Revenue down 64.3% from the year before
Earnings reports
Last 12
Next reportAround Nov 11 (est.)Estimated from the same quarter last year
Results filedAug 11
Results filedMay 7
Results filedMar 13
Results filedNov 12, 2025
Results filedAug 12, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days