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.-1.2%
MissProfitable every yearSteady profits, not one good year.0 of 5 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$16.5M
MissShare count not growingNot diluting owners. Falling means buybacks.+23.1% in 3 years
Revenue
$246.3M
+10.1% vs prior year
Total debt
$40.4M
Current ratio
0.34x
short-term assets / bills due
Free cash flow
$16.5M
6.7% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 14
Revenue
$62.0M
+1.0% YoY
EPS
-$0.02
vs $0.01
Op. margin
2.2%
-3.1 pts
Free cash flow
-$4.1M
Share count
-6.1%
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
0.6
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
+5.3%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
Owes more than it owns
Shares outstandingLatest reported
67M
Why elevated risk
Losing money
Share count growing 5.3% a year
Owes more than it owns (negative equity)
Bills due within a year exceed short-term assets
Earnings reports
Last 12
Next reportAround Nov 11 (est.)Estimated from the same quarter last year
Results filedAug 14
Results filedMay 12
Results filedMar 9
Results filedNov 12, 2025
Results filedAug 15, 2025
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.