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.4.1%
PassDebt under half of equityNot relying on borrowed money.0.17x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.5.0%
MissProfitable every yearSteady profits, not one good year.8 of 10 years
MissShare count not growingNot diluting owners. Falling means buybacks.+37.9% in 3 years
Revenue
$452.4M
+23.4% vs prior year
5-year growth
+1.7%/yr
revenue, per year
Total debt
$99.3M
0.17x equity
Current ratio
0.81x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: free cash flow positive, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 5
Revenue
$133.5M
+14.3% YoY
EPS
$0.54
vs $0.20
Gross margin
92.8%
+0.4 pts
Free cash flow
-$1.3M
Share count
-1.5%
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
0.3
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-0.8%
Institutions cut 0.8% from their holdings. 92 bought, 89 sold. 3 quarters of net selling in a row.
Shares held by institutions29.3M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+9.3%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.4x · $191.8M debt
Shares outstandingLatest reported
27M
Why low risk
Share count growing 9.3% a year
Earnings reports
Last 12
Next reportIn 7 days (est.)Estimated from the same quarter last year
Results filedAug 5
Results filedMay 6
Results filedFeb 25
Results filedNov 5, 2025
Results filedAug 6, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days