A company still losing money with steady sales, with elevated risk.
Watch out for
About 5 months of cash left at its current burn
Losing money, losses are large next to sales
Share count growing 7.1% a year
Money moves
No insider buying or selling in the last 30 days
Institutions cut 2.9% from their holdings in the quarter ending June 2026 (88 bought, 65 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$2.06-1.9% that day
Company value
$247M
Share price times all shares
Price vs sales
38.0x
No profit over the last year, so this compares value with sales instead
Cash vs value
13%
Cash as a share of company value
From FATE'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
$2.1M+9.2% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $6.5M, down 23% from the 12 months before. Over 5 years, sales shrank about 27% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of FATE. 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$4M
Profit in 5 years$0M
Price these guesses point to$0.03-98% vs $2.06 todayAbout -56% a year, before dividends
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.
0/5Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-51.8%
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.Losses many times its sales
MissProfitable every yearSteady profits, not one good year.0 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$112.0M
MissShare count not growingNot diluting owners. Falling means buybacks.+22.7% in 3 years
Revenue
$6.6M
-51.2% vs prior year
5-year growth
-26.7%/yr
revenue, per year
Current ratio
5.79x
short-term assets / bills due
Free cash flow
-$112.0M
-1685.8% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: debt under half of equity, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 13
Revenue
$2.1M
+9.2% YoY
EPS
-$0.25
vs -$0.29
Op. margin
-1495.4%
+443.1 pts
Free cash flow
-$23.5M
Share count
+1.6%
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
0/ 100
This week
0
Normal week
0.6
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-2.9%
Institutions cut 2.9% from their holdings. 88 bought, 65 sold.
Shares held by institutions71.7M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+6.7%
Cash runwayAt last year's cash burn
4 months
Shares outstandingLatest reported
120M
Why elevated risk
Losing money, losses are large next to sales
About 4 months of cash left at its current burn
Share count growing 6.7% a year
Revenue down 51.2% from the year before
Earnings reports
Last 12
Next reportAround Nov 12 (est.)Estimated from the same quarter last year
Results filedAug 13
Results filedMay 13
Results filedFeb 26
Results filedNov 13, 2025
Results filedAug 12, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.