The checklist Warren Buffett-style investors use. Annual numbers for 2025.
0/4Weak
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.-39.7%
MissProfitable every yearSteady profits, not one good year.1 of 5 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$56.0M
Revenue
$210.1M
-7.9% vs prior year
Total debt
$335.3M
Current ratio
4.96x
short-term assets / bills due
Free cash flow
-$56.0M
-26.6% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, 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
$206.2M
+309.8% YoY
EPS
-$0.29
vs -$0.22
Op. margin
-22.9%
+34.0 pts
Free cash flow
-$81.2M
Share count
+38.1%
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
72/ 100
This week
3
Normal week
1.2
vs normal
2.6x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+36.6%
Institutions added 36.6% to their holdings. 220 bought, 116 sold. 7 quarters of net buying in a row.
Shares held by institutions143.2M
Sep '24Jun '26
Safety check
From SEC filings
Cash runwayAt last year's cash burn
308 months
Debt to equityLatest balance sheet: debt compared with what owners have
Owes more than it owns
Shares outstandingLatest reported
84M
Why elevated risk
Losing money, losses are large next to sales
Owes more than it owns (negative equity)
1 offering filing in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportIn 6 days (est.)Estimated from the same quarter last year
Results filedAug 13
Results filedMay 14
Results filedMar 19
Results filedNov 4, 2025
Results filedAug 7, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days