A company still losing money with growing sales, with elevated risk.
Going well
Sales up 67% in the latest quarter vs a year ago
Watch out for
About 2 months of cash left at its current burn
Losing money, losses are large next to sales
Debt above equity: 1.05x
Money moves
No insider buying or selling in the last 30 days
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$2.60-0.4% that day
Company value
$54M
Share price times all shares
Price vs sales
0.89x
No profit over the last year, so this compares value with sales instead
Cash vs value
0%
Cash as a share of company value
Debt vs value
24%
Debt as a share of company value
From CAPS's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26
$21.5M+67% vs a year earlier
Mar '19Tap a barJun '26
Last 12 months: $60.2M, up 39% from the 12 months before.
What the price assumes
Your guesses, our math
Move the sliders to your own view of CAPS. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$224M
Profit in 5 years$22M
Price these guesses point to$16.31+527% vs $2.60 todayAbout +44% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales could shrink about 10.0% a year for 5 years and still match today's price.
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
0/5Weak
MissDebt under half of equityNot relying on borrowed money.1.05x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-45.3%
MissProfitable every yearSteady profits, not one good year.2 of 6 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$4.5M
MissGross margin 40%+Pricing power: sells for well above what it costs to make.23.0%
Revenue
$46.9M
+2.3% vs prior year
Total debt
$13.1M
1.05x equity
Current ratio
0.99x
short-term assets / bills due
Free cash flow
-$4.5M
-9.7% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, share count not growing. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Oct 1
Revenue
$21.5M
+67.1% YoY
EPS
-$0.11
vs -$0.13
Op. margin
2.0%
+4.0 pts
Gross margin
27.9%
+3.5 pts
Free cash flow
-$454K
Share count
+280.6%
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
34/ 100
This week
1
Normal week
2.0
vs normal
0.5x
SEC filings of any kind. 50 means a normal week.
Safety check
From SEC filings
Cash runwayAt last year's cash burn
1 months
Debt to equityLatest balance sheet: debt compared with what owners have
1.0x · $12.8M debt
Shares outstandingLatest reported
21M
Why high risk
Losing money, losses are large next to sales
About 1 month of cash left at its current burn
Debt above equity: 1.03x
Bills due within a year exceed short-term assets
3 offering filings in 6 months (may sell new shares)
Past financials no longer reliable
Late quarterly report notice
Late annual report notice
Exchange listing notice (a delisting warning or a move to another exchange)
Earnings reports
Last 12
Next reportAround Nov 16 (est.)Estimated from the same quarter last year
Results filedOct 1
Results filedAug 12
Results filedNov 17, 2025
Results filedApr 1, 2025
Results filedFeb 11, 2016
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days