The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-17.4%
PassDebt under half of equityNot relying on borrowed money.0.28x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-6.4%
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$28K
MissShare count not growingNot diluting owners. Falling means buybacks.+16.8% in 3 years
MissGross margin 40%+Pricing power: sells for well above what it costs to make.23.3%
Revenue
$28.1M
-1.3% vs prior year
Total debt
$2.6M
0.28x equity
Current ratio
1.35x
short-term assets / bills due
Free cash flow
$28K
0.1% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: profitable every year. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Oct 6, 2025
Revenue
$8.3M
+26.1% YoY
EPS
$0.01
vs -$0.01
Op. margin
3.9%
+6.1 pts
Gross margin
25.9%
+1.5 pts
Free cash flow
-$1.1M
Share count
+6.2%
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
0.5
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+109.4%
Institutions added 109.4% to their holdings. 48 bought, 20 sold. 4 quarters of net buying in a row.
Shares held by institutions2.9M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+5.3%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.1x · $2.8M debt
Shares outstandingLatest reported
40M
Why moderate risk
Losing money
2 offering filings in 6 months (may sell new shares)
Auditor change
Earnings reports
Last 3
Next reportDue any dayEstimated from the same quarter last year
Results filedOct 6, 2025
Results filedAug 14, 2024
Results filedMay 31, 2024
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days