The checklist Warren Buffett-style investors use. Annual numbers for 2025.
0/5Weak
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-54.6%
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.-$8.9M
MissShare count not growingNot diluting owners. Falling means buybacks.+809.0% in 3 years
MissGross margin 40%+Pricing power: sells for well above what it costs to make.30.0%
Revenue
$34.7M
-44.3% vs prior year
Total debt
$10.8M
Current ratio
0.18x
short-term assets / bills due
Free cash flow
-$8.9M
-25.7% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, debt under half of equity. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 12
Revenue
$7.8M
-22.8% YoY
EPS
-$5.78
vs -$49.79
Op. margin
-37.4%
-13.5 pts
Gross margin
34.0%
-1.1 pts
Free cash flow
-$884K
Share count
+1475.6%
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
92/ 100
This week
12
Normal week
1.1
vs normal
11.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady
The share count changed with a stock split this quarter, so the change in holdings isn't comparable until next quarter.
Shares held by institutions8K
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+108.7%
Cash runwayAt last year's cash burn
1 months
Debt to equityLatest balance sheet: debt compared with what owners have
Owes more than it owns
Shares outstandingLatest reported
709K
Why high risk
Losing money, losses are large next to sales
About 1 month of cash left at its current burn
Share count growing 108.7% a year (dilution)
Owes more than it owns (negative equity)
Bills due within a year exceed short-term assets
Revenue down 44.3% from the year before
2 offering filings in 6 months (may sell new shares)
Exchange listing notice (a delisting warning or a move to another exchange)
Earnings reports
Last 12
Next reportAround Nov 13 (est.)Estimated from the same quarter last year
Results filedAug 12
Results filedMay 11
Results filedApr 1
Results filedNov 14, 2025
Results filedAug 5, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days