The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/4Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-1.1%
MissDebt under half of equityNot relying on borrowed money.0.80x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-5.7%
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$42.1M
Revenue
$67.1M
Total debt
$314.3M
0.80x equity
Free cash flow
$42.1M
62.8% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: 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
Reported Aug 6
Revenue
$18.0M
+2.6% YoY
EPS
$0.03
vs -$0.16
Free cash flow
$11.4M
Share count
+20.8%
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
1
Normal week
1.4
vs normal
0.7x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+30.0%
Institutions added 30.0% to their holdings. 79 bought, 29 sold. 3 quarters of net buying in a row.
Shares held by institutions21.5M
Sep '24Jun '26
Safety check
From SEC filings
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.8x · $329.1M debt
Shares outstandingLatest reported
24M
Why moderate risk
Losing money
2 offering filings in 6 months (may sell new shares)
Earnings reports
Last 8
Next reportAround Nov 11 (est.)Estimated from the same quarter last year
Results filedAug 6
Results filedMay 6
Results filedFeb 24
Results filedNov 12, 2025
Results filedAug 13, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days