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.-23.3%
MissDebt under half of equityNot relying on borrowed money.0.79x equity
MissProfitable every yearSteady profits, not one good year.9 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$10.0M
MissShare count not growingNot diluting owners. Falling means buybacks.+44.3% in 3 years
Total debt
$179.0M
0.79x equity
Free cash flow
-$10.0M
From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. Not in this company's SEC data, so not scored: net margin 10%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Oct 27After close4:43 pm ET
From the press release
Financial Highlights for the third quarter and nine months ended September 30, 2026, are as follows: . • Net income (loss) for the three months ended September 30, 2026 and 2025 was $12.0 million and $(45.0) million, respectively.
First Guaranty signed a sales agreement to sell this property and the transaction is expected to close in the fourth quarter of 2026. 2.
Return on average common equity is calculated by dividing annualized net income by average common equity. • Book value per common share was $11.17 as of September 30, 2026 compared to $12.23 as of December 31, 2025.
The numbers below are the quarter before. The new quarter's full numbers come with the 10-Q. Read the press release ↗
EPS
$0.17
vs -$0.61
Free cash flow
-$15.4M
Share count
+9.4%
vs a year ago
Insider rating
Last 90 days
75Buying
1 insider bought $822K
Edgar R. Iii Smith grew their stake 11.6%
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
0/ 100
This week
0
Normal week
1.4
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+68.7%
Institutions added 68.7% to their holdings. 30 bought, 7 sold. 2 quarters of net buying in a row.
Shares held by institutions1.4M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+13.0%
Cash runwayAt last year's cash burn
1133 months
Debt to equityLatest balance sheet: debt compared with what owners have
0.1x · $14.2M debt
Shares outstandingLatest reported
17M
Why high risk
Losing money, losses are large next to sales
Share count growing 13% a year (dilution)
Late quarterly report notice
Earnings reports
Last 12
Next reportAround Jan 27, 2027 (est.)Estimated from the same quarter last year
Results filedOct 27
Results filedJul 31
Results filedJul 27
Results filedMay 7
Results filedApr 27
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days