A company still losing money with steady sales, with elevated risk.
Going well
Little debt
Watch out for
Losing money, losses are large next to sales
Bills due within a year exceed short-term assets
Revenue down 50.4% from the year before
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
$0.83+10.7% that day
Company value
$46M
Share price times all shares
Price vs sales
120.5x
No profit over the last year, so this compares value with sales instead
Debt vs value
0%
Debt as a share of company value
From FBDT'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 4 quarters, from SEC filings
Profit, Jun '26
-$13.9M
Mar '25Tap a barJun '26
Last 12 months: -$32.3M.
What the price assumes
Your guesses, our math
Move the sliders to your own view of FBDT. 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$0M
Profit in 5 years$0M
Price these guesses point to$0.01-98% vs $0.83 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.
1/3Weak
PassDebt under half of equityNot relying on borrowed money.0.01x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.Losses many times its sales
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$3.5M
Revenue
$384K
-50.4% vs prior year
Total debt
$35K
0.01x equity
Current ratio
0.75x
short-term assets / bills due
Free cash flow
-$3.5M
-906.8% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, profitable every year, 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
Revenue
$95K
+0.1% YoY
EPS
-$0.26
vs -$0.06
Op. margin
-12416.3%
-10663.3 pts
Gross margin
-535.4%
+300.5 pts
Share count
+43.2%
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
24/ 100
This week
1
Normal week
3.3
vs normal
0.3x
SEC filings of any kind. 50 means a normal week.
Safety check
From SEC filings
Cash runwayAt last year's cash burn
17 months
Debt to equityLatest balance sheet: debt compared with what owners have
6.8x · $9.3M debt
Shares outstandingLatest reported
56M
Why moderate risk
High debt: 6.83x equity
9 offering filings in 6 months (may sell new shares)
Earnings reports
Last 0
Next reportNot enough history
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days