The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/4Mixed
MissReturn on equity 15%+Earns a lot on the money owners have in the business.7.1%
PassDebt under half of equityNot relying on borrowed money.0.19x equity
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$18.8M
MissShare count not growingNot diluting owners. Falling means buybacks.+18.6% in 3 years
Total debt
$35.0M
0.19x equity
Free cash flow
$18.8M
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: net margin 10%+, profitable every year. A checklist is a starting point for research, not a verdict.
Latest quarter
New results, as stated in the press release
Reported Oct 23Before open9:26 am ET
EPS
$0.42
Revenue and EPS as the company states them. Margins, cash flow and share count fill in with the 10-Q.
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
67/ 100
This week
1
Normal week
0.5
vs normal
2.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-4.1%
Institutions cut 4.1% from their holdings. 38 bought, 21 sold. 4 quarters of net selling in a row.
Shares held by institutions3.2M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-9.4%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
8M
Why low risk
Auditor change
Earnings reports
Last 11
Next reportAround Jan 22, 2027 (est.)Estimated from the same quarter last year
Results filedOct 23
Results filedJul 24
Results filedApr 24
Results filedJan 23
Results filedOct 20, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days