A company still losing money with steady sales, with elevated risk.
Going well
Buying back shares: share count down 6.4% in 3 years
No debt reported
Watch out for
About 7 months of cash left at its current burn
Losing money, losses are large next to sales
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
$0.800.0% that day
Company value
$493M
Share price times all shares
Cash vs value
1%
Cash as a share of company value
From FRSX'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
Profit, Jun '25
-$2.8M
Sep '17Tap a barJun '25
Last 12 months: -$22.1M.
What the price assumes
Your guesses, our math
Move the sliders to your own view of FRSX. 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$1M
Profit in 5 years$0M
Price these guesses point to$0.00-100% vs $0.80 todayAbout -72% 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.
3/7Mixed
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-196.8%
PassDebt under half of equityNot relying on borrowed money.No debt reported
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.-$10.5M
PassShare count not growingNot diluting owners. Falling means buybacks.-6.4% in 3 years
PassGross margin 40%+Pricing power: sells for well above what it costs to make.64.8%
Revenue
$398K
-8.7% vs prior year
Total debt
None
0.00x equity
Current ratio
3.30x
short-term assets / bills due
Free cash flow
-$10.5M
-2632.7% of revenue
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2025
Revenue
$128K
+4.1% YoY
EPS
-$0.01
vs -$0.01
Op. margin
-2305.5%
+296.9 pts
Gross margin
67.2%
-1.9 pts
Free cash flow
-$2.6M
Share count
+34.0%
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
1.3
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Newly held
Institutions held almost none of it the quarter before (new listing, spin-off or ticker change), so there's no fair percent change yet. 10 bought, 4 sold. 2 quarters of net buying in a row.
Shares held by institutions126K
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-24.2%
Cash runwayAt last year's cash burn
7 months
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
141M
Why elevated risk
Losing money, losses are large next to sales
About 7 months of cash left at its current burn
Earnings reports
Last 0
Next reportNot enough history
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.