The checklist Warren Buffett-style investors use. Annual numbers for 2025.
0/4Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-92.1%
MissDebt under half of equityNot relying on borrowed money.0.66x equity
MissProfitable every yearSteady profits, not one good year.1 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$25.0M
Total debt
$18.4M
0.66x equity
Current ratio
5.20x
short-term assets / bills due
Free cash flow
-$25.0M
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 4
EPS
-$1.52
vs -$0.86
Free cash flow
-$12.8M
Share count
+29.9%
vs a year ago
Insider rating
Last 90 days
44Mixed
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
59/ 100
This week
2
Normal week
1.4
vs normal
1.4x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+6.3%
Institutions added 6.3% to their holdings. 124 bought, 63 sold. 7 quarters of net buying in a row.
Shares held by institutions14.1M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-47.6%
Cash runwayAt last year's cash burn
90 months
Debt to equityLatest balance sheet: debt compared with what owners have
0.1x · $18.4M debt
Shares outstandingLatest reported
14M
Why moderate risk
Losing money, losses are large next to sales
Earnings reports
Last 12
Next reportAround Nov 9 (est.)Estimated from the same quarter last year
Results filedAug 4
Results filedMay 7
Results filedMar 31
Results filedFeb 24
Results filedNov 10, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days