A company still losing money with shrinking sales, with high risk. Insiders and institutions are both adding.
Watch out for
Late annual report notice
Late quarterly report notice
Losing money, losses are large next to sales
Money moves
An insider bought $92.4M of shares with their own money in the last 30 days
Institutions added 71% to their holdings in the quarter ending June 2026 (6 bought, 1 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$3.65-4.0% that day
Company value
$11M
Share price times all shares
Price vs sales
9.8x
No profit over the last year, so this compares value with sales instead
Cash vs value
34%
A big cushion: cash is a large part of what the company is worth
From DCM'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
$110K-97% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $1.1M, down 95% from the 12 months before. Over 5 years, sales shrank about 23% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of DCM. 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$1M
Profit in 5 years$0M
Price these guesses point to$0.21-94% vs $3.65 todayAbout -44% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales would have to grow about 60% 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.
1/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-77.3%
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-51.3%
MissProfitable every yearSteady profits, not one good year.5 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$536K
MissShare count not growingNot diluting owners. Falling means buybacks.+31.3% in 3 years
MissGross margin 40%+Pricing power: sells for well above what it costs to make.16.6%
Revenue
$4.8M
-79.4% vs prior year
5-year growth
-22.7%/yr
revenue, per year
Current ratio
1.70x
short-term assets / bills due
Free cash flow
$536K
11.1% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: debt under half of equity. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Feb 18, 2025
Revenue
$110K
-97.1% YoY
EPS
-$0.23
vs $0.78
Op. margin
-672.9%
-659.0 pts
Gross margin
8.3%
-9.9 pts
Free cash flow
-$733K
Share count
+27.0%
vs a year ago
Insider rating
Last 90 days
77Buying
1 insider bought $92.4M
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
51/ 100
This week
2
Normal week
1.9
vs normal
1.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+70.7%
Institutions added 70.7% to their holdings. 6 bought, 1 sold.
Shares held by institutions183K
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+9.5%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
3M
Why high risk
Losing money, losses are large next to sales
Share count growing 9.5% a year
Revenue down 79.4% from the year before
5 offering filings in 6 months (may sell new shares)
Late annual report notice
Late quarterly report notice
Earnings reports
Last 1
Next reportNot enough history
Results filedFeb 18, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days