A company still losing money with growing sales, with elevated risk.
Going well
Sales up 109% in the latest quarter vs a year ago
Buying back shares: share count down 6.6% in 3 years
Watch out for
Owes more than it owns (negative equity)
Losing money, losses are large next to sales
Revenue down 37.5% from the year before
Money moves
Insiders sold $621K in the last 30 days, all through pre-planned sales
Institutions added 1% to their holdings in the quarter ending June 2026 (224 bought, 189 sold)
Held by George Soros (Soros Fund), Dan Loeb (Third Point), Chase Coleman (Tiger Global) and 1 more famous investor
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$13.52+3.1% that day
Company value
$4.3B
Share price times all shares
Price vs sales
9.9x
No profit over the last year, so this compares value with sales instead
Cash vs value
41%
A big cushion: cash is a large part of what the company is worth
Debt vs value
24%
Debt as a share of company value
From CORZ'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
$164.2M+109% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $440.3M, up 26% from the 12 months before. Over 5 years, sales grew about 40% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of CORZ. 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$1.4B
Profit in 5 years$140M
Price these guesses point to$7.22-47% vs $13.52 todayAbout -12% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales would have to grow about 43% a year for 5 years just to 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.
1/5Weak
MissDebt under half of equityNot relying on borrowed money.Owes more than it owns
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-90.5%
MissProfitable every yearSteady profits, not one good year.1 of 6 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$450.8M
PassShare count not growingNot diluting owners. Falling means buybacks.-6.6% in 3 years
Revenue
$319.0M
-37.5% vs prior year
5-year growth
+39.5%/yr
revenue, per year
Total debt
$1.1B
Free cash flow
-$450.8M
-141.3% of revenue
From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. Not in this company's SEC data, so not scored: return on equity 15%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Jul 28
Revenue
$164.2M
+108.8% YoY
EPS
-$3.32
vs -$0.04
Op. margin
-47.8%
-14.4 pts
Gross margin
42.7%
+36.3 pts
Free cash flow
-$583.9M
Share count
+2.3%
vs a year ago
Insider rating
Last 90 days
46Mixed
Pre-planned sales of $621K (weaker signal)
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trend
13 weeks agoBoughtSoldThis week
Filing buzz
Last 7 days vs normal
0/ 100
This week
0
Normal week
2.8
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+1.0%
Institutions added 1.0% to their holdings. 224 bought, 189 sold. 5 quarters of net buying in a row.
Shares held by institutions366.5M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-5.7%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
Owes more than it owns
Shares outstandingLatest reported
321M
Why high risk
Losing money, losses are large next to sales
Owes more than it owns (negative equity)
Bills due within a year exceed short-term assets
Revenue down 37.5% from the year before
1 offering filing in 6 months (may sell new shares)
Past financials no longer reliable
Earnings reports
Last 12
Next reportDue any dayEstimated from the same quarter last year
Results filedJul 28
Results filedMay 6
Results filedMar 2
Results filedOct 24, 2025
Results filedAug 8, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days