The checklist Warren Buffett-style investors use. Annual numbers for 2025.
3/6Mixed
MissReturn on equity 15%+Earns a lot on the money owners have in the business.2.2%
PassDebt under half of equityNot relying on borrowed money.No debt reported
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.1.8%
MissProfitable every yearSteady profits, not one good year.2 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$1.9M
PassGross margin 40%+Pricing power: sells for well above what it costs to make.45.6%
Revenue
$40.9M
-12.6% vs prior year
5-year growth
+14.1%/yr
revenue, per year
Total debt
None
0.00x equity
Current ratio
6.03x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: share count not growing. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jul 31, 2026
Reported Sep 8
Revenue
$5.6M
-58.5% YoY
EPS
-$0.19
vs $0.24
Op. margin
-31.9%
-51.5 pts
Gross margin
37.2%
-13.2 pts
Free cash flow
-$1.9M
Share count
+14.0%
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
0.7
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▼Distributing-7.7%
Institutions cut 7.7% from their holdings. 23 bought, 27 sold.
Shares held by institutions1.3M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+87.9%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
9M
Why moderate risk
Share count growing 87.9% a year (dilution)
Revenue down 12.6% from the year before
Earnings reports
Last 12
Next reportAround Dec 8 (est.)Estimated from the same quarter last year
Results filedSep 8
Results filedJun 10
Results filedApr 15
Results filedDec 9, 2025
Results filedSep 9, 2025
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.