A company still losing money with shrinking sales, with elevated risk. Institutions are adding.
Going well
Buying back shares: share count down 62% in 3 years
Watch out for
About 7 months of cash left at its current burn
Losing money, losses are large next to sales
Revenue down 47.5% from the year before
Money moves
No insider buying or selling in the last 30 days
Institutions added 159% to their holdings in the quarter ending June 2026 (46 bought, 5 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$2.17+0.9% that day
Company value
$48M
Share price times all shares
Price vs sales
12.4x
No profit over the last year, so this compares value with sales instead
Cash vs value
226%
A big cushion: cash is a large part of what the company is worth
From MNTS's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26
$25K-87% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $3.8M, up 324% from the 12 months before. Over 5 years, sales grew about 25% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of MNTS. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$12M
Profit in 5 years$1M
Price these guesses point to$1.03-52% vs $2.17 todayAbout -14% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales would have to grow about 45% a year for 5 years just to match today's price.
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/5Weak
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.Losses many times its sales
MissProfitable every yearSteady profits, not one good year.1 of 6 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$23.3M
PassShare count not growingNot diluting owners. Falling means buybacks.-61.8% in 3 years
PassGross margin 40%+Pricing power: sells for well above what it costs to make.99.8%
Revenue
$1.1M
-47.5% vs prior year
5-year growth
+24.9%/yr
revenue, per year
Current ratio
1.39x
short-term assets / bills due
Free cash flow
-$23.3M
-2097.9% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, debt under half of equity. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported May 5
Revenue
$25K
-86.9% YoY
EPS
-$0.70
vs -$22.03
Op. margin
-32420.0%
-29308.0 pts
Gross margin
100.0%
+1.0 pts
Free cash flow
-$9.1M
Share count
+3959.9%
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
▲Accumulating+158.7%
Institutions added 158.7% to their holdings. 46 bought, 5 sold. 2 quarters of net buying in a row.
Shares held by institutions4.3M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+305.8%
Cash runwayAt last year's cash burn
55 months
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
22M
Why high risk
Losing money, losses are large next to sales
Share count growing 305.8% a year (dilution)
Revenue down 47.5% from the year before
5 offering filings in 6 months (may sell new shares)
Auditor change
Late quarterly report notice
Earnings reports
Last 11
Next reportDue any dayEstimated from the same quarter last year
Results filedMay 5
Results filedSep 6, 2024
Results filedNov 14, 2023
Results filedAug 14, 2023
Results filedMay 11, 2023
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days