The checklist Warren Buffett-style investors use. Annual numbers for 2025.
4/6Mixed
MissReturn on equity 15%+Earns a lot on the money owners have in the business.11.6%
PassDebt under half of equityNot relying on borrowed money.0.42x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.5.6%
PassProfitable every yearSteady profits, not one good year.5 of 5 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$25.8M
PassShare count not growingNot diluting owners. Falling means buybacks.+0.5% in 3 years
Revenue
$526.5M
+0.5% vs prior year
Total debt
$113.0M
0.42x equity
Current ratio
2.02x
short-term assets / bills due
Free cash flow
$25.8M
4.9% of revenue
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 29
Revenue
$124.6M
-4.3% YoY
EPS
$0.13
vs $0.22
Op. margin
7.3%
-4.4 pts
Gross margin
18.6%
-1.7 pts
Free cash flow
$3.1M
Share count
-1.0%
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
■Steady+4.3%
Institutions added 4.3% to their holdings. 86 bought, 99 sold.
Shares held by institutions52.7M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-0.6%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.4x · $116.4M debt
Shares outstandingLatest reported
46M
Why moderate risk
Late annual report notice
Earnings reports
Last 12
Next reportDue any dayEstimated from the same quarter last year
Results filedJul 29
Results filedApr 29
Results filedFeb 4
Results filedOct 22, 2025
Results filedJul 23, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days