A company still losing money with shrinking sales, with high risk.
Going well
No debt reported
Watch out for
About 2 months of cash left at its current burn
Losing money, losses are large next to sales
Revenue down 37.1% from the year before
Money moves
No insider buying or selling in the last 30 days
Institutions added 48% to their holdings in the quarter ending June 2026 (7 bought, 9 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$0.19-9.5% that day
Company value
$1M
Share price times all shares
Price vs sales
0.56x
No profit over the last year, so this compares value with sales instead
Cash vs value
225%
A big cushion: cash is a large part of what the company is worth
From GOVX'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
Sales, Jun '26
$0
Sep '23Tap a barJun '26
Over 5 years, sales grew about 6.4% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of GOVX. 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$0.30+57% vs $0.19 todayAbout +9.5% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales could shrink about 18% a year for 5 years and still 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.
1/4Weak
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.-$21.5M
Revenue
$2.5M
-37.1% vs prior year
5-year growth
+6.4%/yr
revenue, per year
Total debt
None
0.00x equity
Current ratio
2.74x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, 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 Jul 27
Revenue
$0
-100.0% YoY
EPS
-$0.97
vs -$87.40
Free cash flow
-$3.7M
Share count
+190.6%
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
0/ 100
This week
2
Normal week
1.0
vs normal
2.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+47.9%
Institutions added 47.9% to their holdings. 7 bought, 9 sold.
Shares held by institutions493K
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+226.4%
Cash runwayAt last year's cash burn
2 months
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
7M
Why high risk
Losing money, losses are large next to sales
About 2 months of cash left at its current burn
Share count growing 226.4% a year (dilution)
Revenue down 37.1% from the year before
5 offering filings in 6 months (may sell new shares)
Exchange listing notice (a delisting warning or a move to another exchange)
Late annual report notice
Earnings reports
Last 12
Next reportAround Nov 12 (est.)Estimated from the same quarter last year
Results filedJul 27
Results filedMay 14
Results filedApr 15
Results filedNov 13, 2025
Results filedJul 29, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days