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.-124.5%
PassDebt under half of equityNot relying on borrowed money.No debt reported
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.Losses many times its sales
MissProfitable every yearSteady profits, not one good year.0 of 6 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$24.8M
MissShare count not growingNot diluting owners. Falling means buybacks.+3.9% in 3 years
Revenue
$219K
-40.5% vs prior year
Total debt
None
0.00x equity
Current ratio
11.07x
short-term assets / bills due
Free cash flow
-$24.8M
-11328.7% 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 Aug 13
Revenue
$144K
+328.3% YoY
EPS
-$0.45
vs -$2.70
Op. margin
-4675.4%
+11638.0 pts
Gross margin
38.4%
-11.4 pts
Free cash flow
-$5.1M
Share count
+615.0%
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
0.5
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+23.8%
Institutions added 23.8% to their holdings. 10 bought, 8 sold. 4 quarters of net buying in a row.
Shares held by institutions1.6M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-24.8%
Cash runwayAt last year's cash burn
1 months
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
14M
Why high risk
Losing money, losses are large next to sales
About 1 month of cash left at its current burn
Revenue down 40.5% from the year before
Exchange listing notice (a delisting warning or a move to another exchange)
Auditor change
Late quarterly report notice
Past financials no longer reliable
Earnings reports
Last 12
Next reportAround Nov 18 (est.)Estimated from the same quarter last year
Results filedAug 13
Results filedMay 21
Results filedMar 25
Results filedNov 19, 2025
Results filedAug 7, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days