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.-7.8%
PassDebt under half of equityNot relying on borrowed money.0.09x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-92.6%
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$922K
Revenue
$48.5M
+131.1% vs prior year
Total debt
$42.0M
0.09x equity
Free cash flow
$922K
1.9% of revenue
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: profitable every year, share count not growing. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Revenue
$16.7M
-6.1% YoY
EPS
-$0.06
vs -$0.65
Op. margin
-25.8%
-45.8 pts
Free cash flow
-$5.2M
Share count
+1.2%
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
0.1
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Safety check
From SEC filings
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.1x · $49.5M debt
Shares outstandingLatest reported
74M
Why moderate risk
Losing money, losses are large next to sales
Earnings reports
Last 0
Next reportNot enough history
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.