The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/3Weak
PassReturn on equity 15%+Earns a lot on the money owners have in the business.121.2%
MissDebt under half of equityNot relying on borrowed money.0.52x equity
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$206.4M
Total debt
$54.5M
0.52x equity
Current ratio
5.87x
short-term assets / bills due
Free cash flow
-$206.4M
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: net margin 10%+, profitable every year, 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 Aug 14
EPS
-$0.23
vs -$0.33
Free cash flow
-$39.5M
Share count
+14.5%
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
1.1
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+8.0%
Institutions added 8.0% to their holdings. 65 bought, 51 sold. 3 quarters of net buying in a row.
Shares held by institutions76.0M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+7.7%
Cash runwayAt last year's cash burn
7 months
Debt to equityLatest balance sheet: debt compared with what owners have
2.5x · $112.9M debt
Shares outstandingLatest reported
188M
Why high risk
Losing money, losses are large next to sales
About 7 months of cash left at its current burn
Share count growing 7.7% a year
High debt: 2.54x equity
Earnings reports
Last 12
Next reportAround Nov 5 (est.)Estimated from the same quarter last year
Results filedAug 14
Results filedMay 7
Results filedMar 30
Results filedNov 6, 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.