A company still losing money with shrinking sales, with high risk.
Going well
Little debt
Watch out for
Sales down 22% in the latest quarter vs a year ago
About 1 month of cash left at its current burn
Share count growing 13.2% a year (dilution)
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
$1.00-11.5% that day
Company value
$29M
Share price times all shares
Price vs sales
1.9x
No profit over the last year, so this compares value with sales instead
Cash vs value
2%
Cash as a share of company value
Debt vs value
0%
Debt as a share of company value
From FRGT'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
Sales, Jun '25
$3.0M
Mar '24Tap a barJun '25
Last 12 months: $15.2M.
What the price assumes
Your guesses, our math
Move the sliders to your own view of FRGT. 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$19M
Profit in 5 years$2M
Price these guesses point to$0.62-38% vs $1.00 todayAbout -9.2% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales would have to grow about 16% a year for 5 years just to match today's price.
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.
1/5Weak
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.-60.5%
MissProfitable every yearSteady profits, not one good year.2 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$4.5M
MissShare count not growingNot diluting owners. Falling means buybacks.+45.0% in 3 years
Revenue
$13.1M
-4.9% vs prior year
Total debt
$56K
0.01x equity
Current ratio
1.00x
short-term assets / bills due
Free cash flow
-$4.5M
-34.7% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2025
Reported Aug 21, 2025
Revenue
$3.0M
-22.1% YoY
EPS
$0.02
vs -$24.66
Op. margin
-49.2%
-4.8 pts
Free cash flow
-$1.9M
Share count
+36881.5%
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
67/ 100
This week
1
Normal week
0.5
vs normal
2.0x
SEC filings of any kind. 50 means a normal week.
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+0.3%
Cash runwayAt last year's cash burn
1 months
Debt to equityLatest balance sheet: debt compared with what owners have
0.0x · $56K debt
Shares outstandingLatest reported
2M
Why elevated risk
Losing money, losses are large next to sales
About 1 month of cash left at its current burn
Earnings reports
Last 4
Next reportDue any dayEstimated from the same quarter last year
Results filedAug 21, 2025
Results filedMay 20, 2025
Results filedApr 15, 2025
Results filedJan 10, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days