A company still losing money with shrinking sales, with elevated risk.
Going well
Sales up 16% last year
Watch out for
Sales down 19% in the latest quarter vs a year ago
About 8 months of cash left at its current burn
Losing money, losses are large next to sales
Money moves
No insider buying or selling in the last 30 days
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$2.29-3.8% that day
Company value
$34M
Share price times all shares
Price vs sales
0.66x
No profit over the last year, so this compares value with sales instead
Cash vs value
18%
Cash as a share of company value
Debt vs value
56%
Debt as a share of company value
From DFLI'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
$13.2M-19% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $51.9M, down 4.9% from the 12 months before.
What the price assumes
Your guesses, our math
Move the sliders to your own view of DFLI. 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$40M
Profit in 5 years$4M
Price these guesses point to$4.02+76% vs $2.29 todayAbout +12% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales could shrink about 15% a year for 5 years and still 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
MissDebt under half of equityNot relying on borrowed money.1.68x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-119.3%
MissProfitable every yearSteady profits, not one good year.1 of 5 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$27.9M
PassShare count not growingNot diluting owners. Falling means buybacks.-0.8% in 3 years
MissGross margin 40%+Pricing power: sells for well above what it costs to make.26.7%
Revenue
$58.6M
+15.8% vs prior year
Total debt
$19.3M
1.68x equity
Current ratio
2.54x
short-term assets / bills due
Free cash flow
-$27.9M
-47.6% of revenue
From annual reports filed with the SEC. 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 Aug 6
Revenue
$13.2M
-19.0% YoY
EPS
-$0.43
vs -$5.77
Op. margin
-22.0%
-1.8 pts
Gross margin
33.0%
+4.7 pts
Free cash flow
-$2.2M
Share count
+941.1%
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
56/ 100
This week
1
Normal week
0.8
vs normal
1.3x
SEC filings of any kind. 50 means a normal week.
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+174.2%
Cash runwayAt last year's cash burn
3 months
Debt to equityLatest balance sheet: debt compared with what owners have
Owes more than it owns
Shares outstandingLatest reported
15M
Why high risk
Losing money, losses are large next to sales
About 3 months of cash left at its current burn
Share count growing 174.2% a year (dilution)
Owes more than it owns (negative equity)
1 offering filing in 6 months (may sell new shares)
Exchange listing notice (a delisting warning or a move to another exchange)
Auditor change
Earnings reports
Last 12
Next reportDue any dayEstimated from the same quarter last year
Results filedAug 6
Results filedMay 14
Results filedMar 16
Results filedNov 14, 2025
Results filedOct 14, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days