A company still losing money with shrinking sales, with elevated risk. Institutions are adding.
Going well
Little debt
Watch out for
About 16 months of cash left at its current burn
Losing money, losses are large next to sales
Revenue down 96% from the year before
Money moves
No insider buying or selling in the last 30 days
Institutions added 50% to their holdings in the quarter ending June 2026 (6 bought, 2 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$1.76
Company value
$12M
Share price times all shares
Price vs sales
95.2x
No profit over the last year, so this compares value with sales instead
Cash vs value
64%
A big cushion: cash is a large part of what the company is worth
Debt vs value
3%
Debt as a share of company value
From HIND'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
$27K-46% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $130K, down 67% from the 12 months before. Over 5 years, sales shrank about 51% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of HIND. 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$0M
Profit in 5 years$0M
Price these guesses point to$0.02-99% vs $1.76 todayAbout -61% a year, before dividends
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.
2/5Weak
PassDebt under half of equityNot relying on borrowed money.0.16x equity
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.-$3.7M
PassGross margin 40%+Pricing power: sells for well above what it costs to make.68.4%
Revenue
$320K
-96.0% vs prior year
5-year growth
-51.0%/yr
revenue, per year
Total debt
$400K
0.16x equity
Current ratio
1.99x
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 25
Revenue
$27K
-46.0% YoY
EPS
-$0.10
vs -$799.90
Op. margin
-3200.0%
-2551.0 pts
Gross margin
43.2%
-5.3 pts
Free cash flow
-$904K
Share count
+500.5%
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
0.4
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+50.0%
Institutions added 50.0% to their holdings. 6 bought, 2 sold.
Shares held by institutions138K
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+945.8%
Cash runwayAt last year's cash burn
25 months
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
7M
Why elevated risk
Losing money, losses are large next to sales
Share count growing 945.8% a year (dilution)
Earnings reports
Last 12
Next reportAround Nov 18 (est.)Estimated from the same quarter last year
Results filedAug 25
Results filedMay 29
Results filedNov 19, 2025
Results filedNov 14, 2024
Results filedAug 14, 2024
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.