The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/4Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-11.0%
PassDebt under half of equityNot relying on borrowed money.No debt reported
MissProfitable every yearSteady profits, not one good year.0 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$10.7M
Total debt
None
0.00x equity
Current ratio
31.45x
short-term assets / bills due
Free cash flow
-$10.7M
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: net margin 10%+, share count not growing, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Oct 16After close5:15 pm ET
From the press release
Internal Revenue Code of 1986, as amended (the Code ); the potential that the business combination with GX Acquisition Corp.
The numbers below are the quarter before. The new quarter's full numbers come with the 10-Q. Read the press release ↗
EPS
-$0.02
vs -$0.19
Free cash flow
-$4.0M
Some values are worked out from year-to-date totals in the annual report.
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
0.3
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-6.7%
Institutions cut 6.7% from their holdings. 115 bought, 73 sold.
Shares held by institutions48.9M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+65.0%
Cash runwayAt last year's cash burn
313 months
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
146M
Why elevated risk
Losing money, losses are large next to sales
Share count growing 65% a year (dilution)
Earnings reports
Last 11
Next reportAround Jan 11, 2027 (est.)Estimated from the same quarter last year
Results filedOct 16
Results filedJan 12
Results filedOct 14, 2025
Results filedJul 16, 2025
Results filedApr 11, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days