The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/4Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.0.0%
PassDebt under half of equityNot relying on borrowed money.0.15x equity
MissProfitable every yearSteady profits, not one good year.0 of 7 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$405.1M
Total debt
$148.9M
0.15x equity
Current ratio
22.25x
short-term assets / bills due
Free cash flow
-$405.1M
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: net margin 10%+, share count not growing, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Jul 29
EPS
-$1.08
vs -$0.97
Free cash flow
-$131.8M
Share count
+31.3%
vs a year ago
Insider rating
Last 90 days
64Buying
1 insider bought $40K
Brian S Posner grew their stake 10.2%
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
30/ 100
This week
1
Normal week
2.5
vs normal
0.4x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+2.1%
Institutions added 2.1% to their holdings. 133 bought, 105 sold. 6 quarters of net buying in a row.
Shares held by institutions190.6M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+45.5%
Cash runwayAt last year's cash burn
20 months
Debt to equityLatest balance sheet: debt compared with what owners have
0.3x · $199.3M debt
Shares outstandingLatest reported
187M
Why high risk
Losing money, losses are large next to sales
About 20 months of cash left at its current burn
Share count growing 45.5% a year (dilution)
2 offering filings in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportAround Nov 4 (est.)Estimated from the same quarter last year
Results filedJul 29
Results filedMay 11
Results filedMar 2
Results filedJan 12
Results filedNov 5, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days