The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/5Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-41.3%
PassDebt under half of equityNot relying on borrowed money.No debt reported
MissProfitable every yearSteady profits, not one good year.0 of 8 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$111.7M
MissShare count not growingNot diluting owners. Falling means buybacks.+121.4% in 3 years
Total debt
None
0.00x equity
Current ratio
14.13x
short-term assets / bills due
Free cash flow
-$111.7M
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 3
EPS
-$0.38
vs -$0.47
Free cash flow
-$32.0M
Share count
+38.3%
vs a year ago
Insider rating
Last 90 days
46Mixed
Pre-planned sales of $465K (weaker signal)
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
68/ 100
This week
2
Normal week
1.0
vs normal
2.1x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+3.5%
Institutions added 3.5% to their holdings. 111 bought, 72 sold.
Shares held by institutions123.5M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+24.0%
Cash runwayAt last year's cash burn
4 months
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
104M
Why high risk
Losing money, losses are large next to sales
About 4 months of cash left at its current burn
Share count growing 24% a year (dilution)
Earnings reports
Last 12
Next reportAround Nov 12 (est.)Estimated from the same quarter last year
Results filedAug 3
Results filedMay 4
Results filedFeb 23
Results filedNov 13, 2025
Results filedAug 12, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.