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.32.2%
PassDebt under half of equityNot relying on borrowed money.No debt reported
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.50.0%
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$8.2M
MissShare count not growingNot diluting owners. Falling means buybacks.+212.2% in 3 years
MissGross margin 40%+Pricing power: sells for well above what it costs to make.-3.3%
Revenue
$9.2M
-34.6% vs prior year
Total debt
None
0.00x equity
Current ratio
0.58x
short-term assets / bills due
Free cash flow
-$8.2M
-89.6% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: profitable every year. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported May 21
Revenue
$5.3M
+139.0% YoY
EPS
-$1.72
vs -$184.63
Op. margin
-50.4%
+61.0 pts
Gross margin
-3.5%
+1.5 pts
Free cash flow
-$2.7M
Share count
+10166.2%
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
0.2
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady
The share count changed with a stock split this quarter, so the change in holdings isn't comparable until next quarter.
Shares held by institutions41K
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+132.1%
Cash runwayAt last year's cash burn
15 months
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
4M
Why high risk
Share count growing 132.1% a year (dilution)
Revenue down 34.6% from the year before
Exchange listing notice (a delisting warning or a move to another exchange)
Earnings reports
Last 4
Next reportDue any dayEstimated from the same quarter last year
Results filedMay 21
Results filedMar 13
Results filedNov 19, 2024
Results filedNov 21, 2023
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days