The checklist Warren Buffett-style investors use. Annual numbers for 2025.
4/6Mixed
PassReturn on equity 15%+Earns a lot on the money owners have in the business.132.4%
PassDebt under half of equityNot relying on borrowed money.0.28x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.63.8%
MissProfitable every yearSteady profits, not one good year.3 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$2.9M
PassGross margin 40%+Pricing power: sells for well above what it costs to make.71.4%
Revenue
$9.0M
+4.0% vs prior year
5-year growth
+10.5%/yr
revenue, per year
Total debt
$800K
0.28x equity
Current ratio
1.81x
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 Jun 30, 2026
Reported Apr 5, 2005
Revenue
$2.8M
+22.3% YoY
EPS
-$0.01
vs -$0.02
Op. margin
-37.4%
+26.5 pts
Gross margin
67.2%
-2.4 pts
Free cash flow
-$589K
Share count
+13.5%
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
0.5
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+3.6%
Institutions added 3.6% to their holdings. 8 bought, 9 sold. 3 quarters of net buying in a row.
Shares held by institutions4.7M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+7.5%
Cash runwayAt last year's cash burn
9 months
Debt to equityLatest balance sheet: debt compared with what owners have
0.1x · $351K debt
Shares outstandingLatest reported
89M
Why high risk
Losing money, losses are large next to sales
About 9 months of cash left at its current burn
Share count growing 7.5% a year
4 offering filings in 6 months (may sell new shares)
Auditor change
Earnings reports
Last 1
Next reportNot enough history
Results filedApr 5, 2005
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days