The checklist Warren Buffett-style investors use. Annual numbers for 2025.
3/6Mixed
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-6.3%
PassDebt under half of equityNot relying on borrowed money.No debt reported
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-5.6%
MissProfitable every yearSteady profits, not one good year.1 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$42.0M
PassShare count not growingNot diluting owners. Falling means buybacks.-0.1% in 3 years
Revenue
$379.8M
+13.8% vs prior year
5-year growth
+14.6%/yr
revenue, per year
Total debt
None
0.00x equity
Current ratio
2.86x
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 Jul 30
Revenue
$131.9M
+52.2% YoY
EPS
$2.07
vs -$0.16
Op. margin
85.8%
+98.6 pts
Free cash flow
$28.7M
Share count
-1.6%
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
0/ 100
This week
0
Normal week
2.7
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+2.6%
Institutions added 2.6% to their holdings. 127 bought, 81 sold. 2 quarters of net buying in a row.
Shares held by institutions53.4M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-1.5%
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
52M
Why low risk
Losing money
Earnings reports
Last 12
Next reportIn 7 days (est.)Estimated from the same quarter last year
Results filedJul 30
Results filedApr 28
Results filedApr 16
Results filedFeb 24
Results filedJan 12
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days