The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/4Mixed
MissReturn on equity 15%+Earns a lot on the money owners have in the business.10.3%
PassDebt under half of equityNot relying on borrowed money.0.07x equity
MissProfitable every yearSteady profits, not one good year.8 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$187.1M
Revenue
$49.7M
Total debt
$192.0M
0.07x equity
Free cash flow
$187.1M
From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. Not in this company's SEC data, so not scored: net margin 10%+, share count not growing. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Jul 29
Revenue
$13.6M
+15.9% YoY
EPS
$0.26
vs $0.21
Free cash flow
$49.6M
Share count
+10.1%
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
0.3
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-9.8%
Institutions cut 9.8% from their holdings. 77 bought, 64 sold. 2 quarters of net selling in a row.
Shares held by institutions24.6M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+0.4%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.1x · $130.4M debt
Shares outstandingLatest reported
19M
Why elevated risk
Late annual report notice
Late quarterly report notice
Earnings reports
Last 12
Next reportIn 1 days (est.)Estimated from the same quarter last year
Results filedJul 29
Results filedApr 30
Results filedJan 30
Results filedOct 30, 2025
Results filedJul 28, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days