The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/5Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-0.3%
PassDebt under half of equityNot relying on borrowed money.0.07x equity
MissProfitable every yearSteady profits, not one good year.0 of 8 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$13.8M
PassShare count not growingNot diluting owners. Falling means buybacks.-2.3% in 3 years
Total debt
$300K
0.07x equity
Current ratio
1.98x
short-term assets / bills due
Free cash flow
-$13.8M
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 May 16, 2024
EPS
-$0.38
vs -$6.42
Free cash flow
-$3.5M
Share count
+1747.5%
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
0.6
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+92.6%
Institutions added 92.6% to their holdings. 6 bought, 7 sold. 3 quarters of net buying in a row.
Shares held by institutions280K
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+310.7%
Cash runwayAt last year's cash burn
17 months
Debt to equityLatest balance sheet: debt compared with what owners have
0.0x · $300K debt
Shares outstandingLatest reported
1M
Why high risk
Losing money, losses are large next to sales
About 17 months of cash left at its current burn
Share count growing 310.7% a year (dilution)
3 offering filings in 6 months (may sell new shares)
Earnings reports
Last 10
Next reportDue any dayEstimated from the same quarter last year
Results filedMay 16, 2024
Results filedApr 1, 2024
Results filedNov 15, 2023
Results filedAug 14, 2023
Results filedMay 15, 2023
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days