The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/5Weak
MissDebt under half of equityNot relying on borrowed money.Owes more than it owns
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-30.7%
MissProfitable every yearSteady profits, not one good year.0 of 6 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$2.8M
PassGross margin 40%+Pricing power: sells for well above what it costs to make.65.3%
Revenue
$22.7M
+13.0% vs prior year
5-year growth
+23.0%/yr
revenue, per year
Total debt
$4.3M
Current ratio
1.04x
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. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 6
Revenue
$8.0M
+49.2% YoY
EPS
-$0.21
vs -$0.05
Op. margin
12.0%
+37.2 pts
Gross margin
70.9%
+6.0 pts
Free cash flow
$2.3M
Share count
+1.7%
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
1.1
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+16.2%
Cash runwayAt last year's cash burn
39 months
Debt to equityLatest balance sheet: debt compared with what owners have
Owes more than it owns
Shares outstandingLatest reported
11M
Why high risk
Losing money, losses are large next to sales
Share count growing 16.2% a year (dilution)
Owes more than it owns (negative equity)
4 offering filings in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportAround Nov 11 (est.)Estimated from the same quarter last year
Results filedAug 6
Results filedMay 6
Results filedMar 26
Results filedNov 12, 2025
Results filedAug 12, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days