The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/4Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-24.7%
PassDebt under half of equityNot relying on borrowed money.No debt reported
MissProfitable every yearSteady profits, not one good year.0 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$88.4M
Total debt
None
0.00x equity
Current ratio
22.37x
short-term assets / bills due
Free cash flow
-$88.4M
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: net margin 10%+, 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 10
Free cash flow
-$33.1M
Share count
+57.3%
vs a year ago
Insider rating
Last 90 days
43Mixed
Pre-planned sales of $4.1M (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
27/ 100
This week
1
Normal week
2.5
vs normal
0.4x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+36.6%
Institutions added 36.6% to their holdings. 190 bought, 74 sold.
Shares held by institutions74.1M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+65.3%
Cash runwayAt last year's cash burn
37 months
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
66M
Why elevated risk
Losing money, losses are large next to sales
Share count growing 65.3% a year (dilution)
2 offering filings in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportAround Nov 7 (est.)Estimated from the same quarter last year
Results filedAug 10
Results filedApr 30
Results filedSep 5, 2024
Results filedAug 1, 2024
Results filedApr 25, 2024
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days