The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/5Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-22.4%
MissDebt under half of equityNot relying on borrowed money.2.01x equity
MissProfitable every yearSteady profits, not one good year.3 of 6 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$43.6M
PassShare count not growingNot diluting owners. Falling means buybacks.-0.1% in 3 years
Total debt
$248.1M
2.01x equity
Free cash flow
$43.6M
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: net margin 10%+, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Jul 30
EPS
$0.42
vs -$0.72
Free cash flow
$17.4M
Share count
0.0%
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
▼Distributing-26.1%
Institutions cut 26.1% from their holdings. 2 bought, 21 sold. 5 quarters of net selling in a row.
Shares held by institutions611K
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
0.0%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
1.6x · $185.8M debt
Shares outstandingLatest reported
13M
Why moderate risk
Losing money, losses are large next to sales
Debt above equity: 1.65x
Earnings reports
Last 12
Next reportIn 2 days (est.)Estimated from the same quarter last year
Results filedJul 30
Results filedApr 30
Results filedMar 2
Results filedOct 30, 2025
Results filedJul 31, 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.