The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/5Weak
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-9.1%
MissProfitable every yearSteady profits, not one good year.3 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$6.5M
MissShare count not growingNot diluting owners. Falling means buybacks.+2.6% in 3 years
MissGross margin 40%+Pricing power: sells for well above what it costs to make.36.2%
Revenue
$159.8M
+1.3% vs prior year
5-year growth
+25.7%/yr
revenue, per year
Total debt
$76.0M
Current ratio
1.00x
short-term assets / bills due
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 Aug 12
Revenue
$41.9M
+6.1% YoY
EPS
-$0.01
vs $0.00
Op. margin
1.0%
-1.6 pts
Gross margin
38.7%
-1.6 pts
Free cash flow
$1.9M
Share count
+2.5%
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
1.0
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+2.7%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
1.9x · $82.7M debt
Shares outstandingLatest reported
403M
Why moderate risk
Losing money
Debt above equity: 1.91x
Bills due within a year exceed short-term assets
Earnings reports
Last 12
Next reportIn 7 days (est.)Estimated from the same quarter last year
Results filedAug 12
Results filedMay 13
Results filedMar 11
Results filedNov 5, 2025
Results filedAug 6, 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.