The checklist Warren Buffett-style investors use. Annual numbers for 2025.
0/5Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-163.8%
MissDebt under half of equityNot relying on borrowed money.1.37x equity
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.-$153.5M
MissShare count not growingNot diluting owners. Falling means buybacks.+203.3% in 3 years
Total debt
$137.5M
1.37x equity
Current ratio
10.55x
short-term assets / bills due
Free cash flow
-$153.5M
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 Jun 30, 2026
Reported Aug 13
EPS
-$1.44
vs -$1.04
Free cash flow
-$55.5M
Share count
+25.5%
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
0.9
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+16.1%
Institutions added 16.1% to their holdings. 166 bought, 138 sold. 6 quarters of net buying in a row.
Shares held by institutions57.0M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+30.3%
Cash runwayAt last year's cash burn
14 months
Debt to equityLatest balance sheet: debt compared with what owners have
Owes more than it owns
Shares outstandingLatest reported
49M
Why high risk
Losing money, losses are large next to sales
About 14 months of cash left at its current burn
Share count growing 30.3% a year (dilution)
Owes more than it owns (negative equity)
2 offering filings in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportAround Nov 11 (est.)Estimated from the same quarter last year
Results filedAug 13
Results filedMay 14
Results filedMar 25
Results filedNov 12, 2025
Results filedAug 14, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days