The checklist Warren Buffett-style investors use. Annual numbers for 2025.
0/3Weak
MissDebt under half of equityNot relying on borrowed money.Owes more than it owns
MissProfitable every yearSteady profits, not one good year.1 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$4.8M
Revenue
$6.4M
Total debt
$75.0M
Current ratio
3.39x
short-term assets / bills due
Free cash flow
-$4.8M
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, net margin 10%+, share count not growing, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 13
Revenue
$1.5M
-209.3% YoY
EPS
$2.96
vs -$1.88
Op. margin
1192.3%
+2086.4 pts
Gross margin
100.1%
+6.4 pts
Free cash flow
-$4.0M
Share count
+0.1%
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
0.8
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▼Distributing-3.5%
Institutions cut 3.5% from their holdings. 7 bought, 13 sold. 2 quarters of net selling in a row.
Shares held by institutions999K
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+1.0%
Cash runwayAt last year's cash burn
127 months
Debt to equityLatest balance sheet: debt compared with what owners have
Owes more than it owns
Shares outstandingLatest reported
4M
Why high risk
Owes more than it owns (negative equity)
Revenue down 78.3% from the year before
Exchange listing notice (a delisting warning or a move to another exchange)
Earnings reports
Last 12
Next reportAround Nov 9 (est.)Estimated from the same quarter last year
Results filedAug 13
Results filedMay 11
Results filedMar 16
Results filedNov 10, 2025
Results filedAug 11, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days