The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/6Weak
MissDebt under half of equityNot relying on borrowed money.Owes more than it owns
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.6.5%
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.$3.1M
MissShare count not growingNot diluting owners. Falling means buybacks.+65.4% in 3 years
MissGross margin 40%+Pricing power: sells for well above what it costs to make.29.6%
Revenue
$58.5M
+25.7% vs prior year
5-year growth
+45.2%/yr
revenue, per year
Total debt
$15.0M
Current ratio
0.24x
short-term assets / bills due
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 20, 2025
Revenue
$11.4M
-28.0% YoY
EPS
$0.00
vs $0.03
Op. margin
-10.1%
-27.4 pts
Gross margin
8.4%
-24.2 pts
Free cash flow
$1.5M
Share count
+4.4%
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
1.4
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+10.5%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
Owes more than it owns
Shares outstandingLatest reported
30M
Why high risk
Share count growing 10.5% a year (dilution)
High debt: 2.95x equity
2 offering filings in 6 months (may sell new shares)
Late quarterly report notice
Late annual report notice
Earnings reports
Last 1
Next reportNot enough history
Results filedAug 20, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days