A company still losing money with growing sales, with elevated risk. Insiders are buying.
Going well
Sales up 145% in the latest quarter vs a year ago
Sales up 183% last year
Sales growth speeding up
Watch out for
Losing money, losses are large next to sales
3 offering filings in 6 months (may sell new shares)
Auditor change
Money moves
An insider bought $330K of shares with their own money in the last 30 days
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$2.13-4.9% that day
Latest insider buy: An insider bought at $3.30 on Oct 9. The stock is now $2.13, -35.5% since.
Company value
$77M
Share price times all shares
Price vs sales
54.4x
No profit over the last year, so this compares value with sales instead
Cash vs value
3%
Cash as a share of company value
Debt vs value
1%
Debt as a share of company value
From CTNT'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
$869K+145% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $1.4M, up 27% from the 12 months before.
What the price assumes
Your guesses, our math
Move the sliders to your own view of CTNT. 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$5M
Profit in 5 years$0M
Price these guesses point to$0.18-91% vs $2.13 todayAbout -39% a year, before dividends
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.
1/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-33.2%
PassDebt under half of equityNot relying on borrowed money.0.07x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-283.2%
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$2K
MissShare count not growingNot diluting owners. Falling means buybacks.+3.3% in 3 years
MissGross margin 40%+Pricing power: sells for well above what it costs to make.12.9%
Revenue
$1.3M
+182.7% vs prior year
Total debt
$609K
0.07x equity
Current ratio
6.74x
short-term assets / bills due
Free cash flow
-$2K
-0.2% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: profitable every year. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 13
Revenue
$869K
+145.4% YoY
EPS
$0.04
vs -$53.07
Op. margin
-101.5%
+119.0 pts
Gross margin
2.2%
-7.7 pts
Free cash flow
$1.6M
Share count
+19671.5%
vs a year ago
Insider rating
Last 90 days
72Buying
1 insider bought $330K
Huan Liu grew their stake 7462.7%
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
1.6
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+1.1%
Cash runwayAt last year's cash burn
12397 months
Debt to equityLatest balance sheet: debt compared with what owners have
0.0x · $590K debt
Shares outstandingLatest reported
36M
Why elevated risk
Losing money, losses are large next to sales
3 offering filings in 6 months (may sell new shares)
Auditor change
Earnings reports
Last 12
Next reportAround Nov 9 (est.)Estimated from the same quarter last year
Results filedAug 13
Results filedMay 14
Results filedMar 20
Results filedNov 10, 2025
Results filedAug 4, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days