The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/3Weak
PassDebt under half of equityNot relying on borrowed money.No debt reported
MissProfitable every yearSteady profits, not one good year.5 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$21.3M
Total debt
None
0.00x equity
Current ratio
2.76x
short-term assets / bills due
Free cash flow
-$21.3M
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, 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 Nov 14, 2024
EPS
-$1.33
vs $1.74
Free cash flow
-$2.7M
Some values are worked out from year-to-date totals in the annual report.
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
■Steady-11.2%
Institutions cut 11.2% from their holdings. 12 bought, 12 sold. 2 quarters of net selling in a row.
Shares held by institutions685K
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+95.5%
Cash runwayAt last year's cash burn
7 months
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
2M
Why high risk
Losing money, losses are large next to sales
About 7 months of cash left at its current burn
Share count growing 95.5% a year (dilution)
Exchange listing notice (a delisting warning or a move to another exchange)
Earnings reports
Last 12
Next reportDue any dayEstimated from the same quarter last year
Results filedNov 14, 2024
Results filedOct 1, 2024
Results filedMay 15, 2024
Results filedFeb 15, 2024
Results filedNov 14, 2023
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days