Institutions added 4.4% to their holdings in the quarter ending June 2026 (5 bought, 6 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$3.27-12.1% that day
Company value
$21M
Share price times all shares
Price vs sales
1.5x
No profit over the last year, so this compares value with sales instead
Cash vs value
4%
Cash as a share of company value
Debt vs value
4%
Debt as a share of company value
From KUST'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
$5.4M+88% vs a year earlier
Sep '23Tap a barJun '26
Over 5 years, sales grew about 5.5% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of KUST. 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$18M
Profit in 5 years$2M
Price these guesses point to$4.24+30% vs $3.27 todayAbout +5.3% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales would have to grow about 0.6% a year for 5 years just to match today's price.
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.
0/3Weak
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-53.5%
MissProfitable every yearSteady profits, not one good year.1 of 10 years
MissGross margin 40%+Pricing power: sells for well above what it costs to make.9.8%
Revenue
$13.8M
+1.7% vs prior year
5-year growth
+5.5%/yr
revenue, per year
Total debt
$845K
Current ratio
0.86x
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%+, debt under half of equity, free cash flow positive, share count not growing. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Apr 13
Revenue
$5.4M
+88.2% YoY
EPS
-$5.49
vs -$265.84
Op. margin
-53.0%
+78.6 pts
Gross margin
-21.9%
+32.4 pts
Free cash flow
-$2.7M
Share count
+4741.8%
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
36/ 100
This week
1
Normal week
1.7
vs normal
0.6x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+4.4%
Institutions added 4.4% to their holdings. 5 bought, 6 sold. 2 quarters of net buying in a row.
Shares held by institutions102K
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+873.8%
Cash runwayAt last year's cash burn
1 months
Debt to equityLatest balance sheet: debt compared with what owners have
0.3x · $639K debt
Shares outstandingLatest reported
7M
Why high risk
Losing money, losses are large next to sales
About 1 month of cash left at its current burn
Share count growing 873.8% a year (dilution)
Bills due within a year exceed short-term assets
2 offering filings in 6 months (may sell new shares)
Late annual report notice
Earnings reports
Last 12
Next reportDue any dayEstimated from the same quarter last year
Results filedApr 13
Results filedNov 12, 2025
Results filedMay 27, 2025
Results filedMay 21, 2025
Results filedAug 16, 2024
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days