A company still losing money with shrinking sales, with high risk. Insiders and institutions are both adding.
Going well
Sales up 219% last year
Watch out for
Sales down 100% in the latest quarter vs a year ago
About 1 month of cash left at its current burn
Share count growing 17.8% a year (dilution)
Money moves
An insider bought $65K of shares with their own money in the last 30 days
Institutions added 45% to their holdings in the quarter ending June 2026 (24 bought, 21 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$2.15-1.8% that day
Latest insider buy: A director bought at $2.61 on Sep 30. The stock is now $2.15, -17.6% since.
Company value
$127M
Share price times all shares
Price vs sales
9.5x
No profit over the last year, so this compares value with sales instead
Cash vs value
17%
Cash as a share of company value
From NEOV'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 (worked out from yearly totals)
$13K-100% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $13.3M, up 58% from the 12 months before.
What the price assumes
Your guesses, our math
Move the sliders to your own view of NEOV. 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$50M
Profit in 5 years$5M
Price these guesses point to$0.78-64% vs $2.15 todayAbout -18% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales would have to grow about 59% 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.
0/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-121.3%
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-59.7%
MissProfitable every yearSteady profits, not one good year.0 of 5 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$4.4M
MissShare count not growingNot diluting owners. Falling means buybacks.+63.4% in 3 years
MissGross margin 40%+Pricing power: sells for well above what it costs to make.17.9%
Revenue
$8.4M
+218.6% vs prior year
Current ratio
2.10x
short-term assets / bills due
Free cash flow
-$4.4M
-52.5% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: debt under half of equity. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Sep 23
Revenue
$13K
-99.7% YoY
EPS
-$0.28
vs -$0.05
Op. margin
-75670.3%
-75640.1 pts
Gross margin
-8465.1%
-8477.2 pts
Free cash flow
-$7.0M
Some values are worked out from year-to-date totals in the annual report.
Insider rating
Last 90 days
66Buying
1 insider bought $65K
John A Hass grew their stake 24.7%
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trend
13 weeks agoBoughtSoldThis week
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.
Institutional ownership
▲Accumulating+45.0%
Institutions added 45.0% to their holdings. 24 bought, 21 sold. 7 quarters of net buying in a row.
Shares held by institutions15.3M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+21.1%
Cash runwayAt last year's cash burn
18 months
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
59M
Why high risk
Losing money, losses are large next to sales
About 18 months of cash left at its current burn
Share count growing 21.1% a year (dilution)
8 offering filings in 6 months (may sell new shares)
Earnings reports
Last 4
Next reportAround Jan 22, 2027 (est.)Estimated from the same quarter last year
Results filedSep 23
Results filedMay 14
Results filedJan 23
Results filedOct 23, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days