The checklist Warren Buffett-style investors use. Annual numbers for 2025.
5/6Strong
PassReturn on equity 15%+Earns a lot on the money owners have in the business.15.9%
MissDebt under half of equityNot relying on borrowed money.1.06x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.39.7%
PassProfitable every yearSteady profits, not one good year.10 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$7.4M
PassGross margin 40%+Pricing power: sells for well above what it costs to make.43.1%
Revenue
$15.9M
-75.3% vs prior year
5-year growth
-6.3%/yr
revenue, per year
Total debt
$46.5M
1.06x equity
Current ratio
1.53x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: share count not growing. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 13
Revenue
$26.5M
+64.6% YoY
EPS
$0.20
vs $0.18
Op. margin
12.6%
-3.0 pts
Gross margin
37.0%
-5.8 pts
Free cash flow
$3.6M
Share count
-0.5%
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
0/ 100
This week
0
Normal week
0.5
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▼Distributing-22.6%
Institutions cut 22.6% from their holdings. 23 bought, 31 sold. 2 quarters of net selling in a row.
Shares held by institutions643K
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+1.8%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.6x · $29.8M debt
Shares outstandingLatest reported
9M
Earnings reports
Last 12
Next reportAround Nov 12 (est.)Estimated from the same quarter last year
Results filedAug 13
Results filedMay 14
Results filedApr 1
Results filedNov 13, 2025
Results filedAug 14, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days