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.-74.4%
PassDebt under half of equityNot relying on borrowed money.No debt reported
MissProfitable every yearSteady profits, not one good year.0 of 6 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$51.9M
PassShare count not growingNot diluting owners. Falling means buybacks.-44.8% in 3 years
Total debt
None
0.00x equity
Current ratio
10.28x
short-term assets / bills due
Free cash flow
-$51.9M
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 Aug 4
EPS
-$0.31
vs -$1.14
Free cash flow
-$10.4M
Share count
+269.2%
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
1.8
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+27.1%
Institutions added 27.1% to their holdings. 52 bought, 16 sold. 3 quarters of net buying in a row.
Shares held by institutions35.0M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+6.2%
Cash runwayAt last year's cash burn
39 months
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
40M
Why elevated risk
Losing money, losses are large next to sales
Share count growing 6.2% a year
1 offering filing in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportAround Nov 5 (est.)Estimated from the same quarter last year
Results filedAug 4
Results filedMay 5
Results filedMar 12
Results filedNov 6, 2025
Results filedAug 12, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days