The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/5Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-35.9%
PassDebt under half of equityNot relying on borrowed money.0.04x equity
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.-$181.3M
MissShare count not growingNot diluting owners. Falling means buybacks.+68.9% in 3 years
Total debt
$29.2M
0.04x equity
Current ratio
21.94x
short-term assets / bills due
Free cash flow
-$181.3M
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: net margin 10%+, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Oct 22After close5:11 pm ET
The numbers below are the quarter before. The new quarter's full numbers come with the 10-Q. Read the press release ↗
EPS
-$1.54
vs -$1.58
Free cash flow
-$44.2M
Share count
+10.5%
vs a year ago
Insider rating
Last 90 days
44Mixed
Pre-planned sales of $3.4M (weaker signal)
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trend
13 weeks agoBoughtSoldThis week
Filing buzz
Last 7 days vs normal
74/ 100
This week
8
Normal week
2.9
vs normal
2.8x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+3.0%
Institutions added 3.0% to their holdings. 113 bought, 84 sold. 6 quarters of net buying in a row.
Shares held by institutions43.2M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+19.1%
Cash runwayAt last year's cash burn
7 months
Debt to equityLatest balance sheet: debt compared with what owners have
0.1x · $59.3M debt
Shares outstandingLatest reported
38M
Why high risk
Losing money, losses are large next to sales
About 7 months of cash left at its current burn
Share count growing 19.1% a year (dilution)
2 offering filings in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportAround Jan 11, 2027 (est.)Estimated from the same quarter last year
Results filedOct 22
Results filedJul 30
Results filedMay 5
Results filedFeb 26
Results filedJan 12
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days