The checklist Warren Buffett-style investors use. Annual numbers for 2025.
3/6Mixed
PassReturn on equity 15%+Earns a lot on the money owners have in the business.45.7%
PassDebt under half of equityNot relying on borrowed money.0.08x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.83.3%
MissProfitable every yearSteady profits, not one good year.4 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$78.8M
MissShare count not growingNot diluting owners. Falling means buybacks.+3.0% in 3 years
Revenue
$548.5M
-13.0% vs prior year
5-year growth
+19.2%/yr
revenue, per year
Total debt
$93.2M
0.08x equity
Current ratio
4.96x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Dec 31, 2019
Revenue
$53.3M
+0.4% YoY
EPS
-$0.05
vs -$0.10
Op. margin
-72.0%
-26.5 pts
Free cash flow
-$20.3M
Share count
0.0%
vs a year ago
Some values are worked out from year-to-date totals in the annual report.
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
74/ 100
This week
2
Normal week
0.7
vs normal
2.9x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+5.0%
Institutions added 5.0% to their holdings. 23 bought, 26 sold.
Shares held by institutions4.5M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+0.3%
Cash runwayAt last year's cash burn
13 months
Debt to equityLatest balance sheet: debt compared with what owners have
0.1x · $93.2M debt
Shares outstandingLatest reported
872M
Why low risk
Revenue down 13% from the year before
Earnings reports
Last 0
Next reportNot enough history
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.