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.-168.3%
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-89.1%
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$18.5M
PassGross margin 40%+Pricing power: sells for well above what it costs to make.43.4%
Revenue
$45.0M
+63.4% vs prior year
Current ratio
0.54x
short-term assets / bills due
Free cash flow
-$18.5M
-41.1% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: debt under half of equity, profitable every year, share count not growing. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 12
Revenue
$18.5M
+137.2% YoY
EPS
-$0.11
vs -$0.08
Op. margin
-9.3%
+45.5 pts
Gross margin
49.0%
+19.6 pts
Free cash flow
-$2.8M
Share count
+143.6%
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
48/ 100
This week
1
Normal week
1.1
vs normal
0.9x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▼Distributing-13.4%
Institutions cut 13.4% from their holdings. 17 bought, 19 sold.
Shares held by institutions12.8M
Sep '24Jun '26
Safety check
From SEC filings
Cash runwayAt last year's cash burn
3 months
Debt to equityLatest balance sheet: debt compared with what owners have
0.1x · $500K debt
Shares outstandingLatest reported
104M
Why high risk
Losing money, losses are large next to sales
About 3 months of cash left at its current burn
Bills due within a year exceed short-term assets
2 offering filings in 6 months (may sell new shares)
Late annual report notice
Exchange listing notice (a delisting warning or a move to another exchange)
Earnings reports
Last 8
Next reportAround Nov 12 (est.)Estimated from the same quarter last year
Results filedAug 12
Results filedMay 14
Results filedApr 9
Results filedNov 13, 2025
Results filedAug 15, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days