The checklist Warren Buffett-style investors use. Annual numbers for 2025.
3/5Mixed
MissReturn on equity 15%+Earns a lot on the money owners have in the business.3.0%
PassDebt under half of equityNot relying on borrowed money.0.08x equity
MissProfitable every yearSteady profits, not one good year.9 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$275.9M
PassShare count not growingNot diluting owners. Falling means buybacks.+0.2% in 3 years
Total debt
$264.5M
0.08x equity
Free cash flow
$275.9M
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: net margin 10%+, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Sep 30, 2026
Reported Oct 29Before open6:50 am ET
EPS
-$1.95
vs $0.37
Free cash flow
-$18.5M
Share count
-2.2%
vs a year ago
Insider rating
Last 90 days
49Mixed
Pre-planned sales of $20K (weaker signal)
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trend
13 weeks agoBoughtSoldThis week
Filing buzz
Last 7 days vs normal
0/ 100
This week
2
Normal week
1.1
vs normal
1.8x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+1.8%
Institutions added 1.8% to their holdings. 177 bought, 131 sold. 3 quarters of net buying in a row.
Shares held by institutions108.3M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-1.2%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.4x · $1.2B debt
Shares outstandingLatest reported
166M
Earnings reports
Last 12
Next reportAround Feb 10, 2027 (est.)Estimated from the same quarter last year
Results filedOct 29
Results filedJul 30
Results filedApr 29
Results filedFeb 11
Results filedOct 29, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.