A company still losing money with shrinking sales, with elevated risk. Institutions are adding.
Going well
No debt reported
Watch out for
About 8 months of cash left at its current burn
Losing money, losses are large next to sales
Revenue down 48.5% from the year before
Money moves
No insider buying or selling in the last 30 days
Institutions added 24% to their holdings in the quarter ending June 2026 (65 bought, 43 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$1.70-0.6% that day
Company value
$129M
Share price times all shares
Price vs sales
127.3x
No profit over the last year, so this compares value with sales instead
Cash vs value
24%
Cash as a share of company value
From LODE'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
$273K-20% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $1.0M, down 69% from the 12 months before. Over 5 years, sales grew about 50% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of LODE. 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$1M
Profit in 5 years$0M
Price these guesses point to$0.01-99% vs $1.70 todayAbout -63% a year, before dividends
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.
2/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-51.6%
PassDebt under half of equityNot relying on borrowed money.0.00x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.Losses many times its sales
MissProfitable every yearSteady profits, not one good year.2 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$24.4M
PassShare count not growingNot diluting owners. Falling means buybacks.-1.4% in 3 years
Revenue
$1.6M
-48.5% vs prior year
5-year growth
+50.4%/yr
revenue, per year
Total debt
None
0.00x equity
Current ratio
2.06x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Jul 24
Revenue
$273K
-19.7% YoY
EPS
-$0.34
vs -$0.27
Op. margin
-9872.8%
-7614.8 pts
Gross margin
-328.4%
-188.7 pts
Free cash flow
-$10.1M
Share count
+111.5%
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
1.1
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+23.7%
Institutions added 23.7% to their holdings. 65 bought, 43 sold. 2 quarters of net buying in a row.
Shares held by institutions44.2M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-11.7%
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
76M
Why elevated risk
Losing money, losses are large next to sales
About 15 months of cash left at its current burn
Revenue down 48.5% from the year before
Auditor change
Earnings reports
Last 12
Next reportIn 2 days (est.)Estimated from the same quarter last year
Results filedJul 24
Results filedMay 8
Results filedMar 25
Results filedOct 30, 2025
Results filedAug 15, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days