A company still losing money with growing sales, with elevated risk.
Going well
Sales up 155% in the latest quarter vs a year ago
Watch out for
Losing money, losses are large next to sales
High debt: 3.97x equity
Revenue down 34% from the year before
Money moves
No insider buying or selling in the last 30 days
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$7.14
Company value
$3M
Share price times all shares
Price vs sales
0.94x
No profit over the last year, so this compares value with sales instead
Cash vs value
120%
A big cushion: cash is a large part of what the company is worth
Debt vs value
779%
Owes more than the whole company is worth
From PW's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26
$1.3M+154% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $2.8M, down 6.7% from the 12 months before. Over 5 years, sales shrank about 14% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of PW. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$2M
Profit in 5 years$0M
Price these guesses point to$7.93+11% vs $7.14 todayAbout +2.1% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales could shrink about 8.9% a year for 5 years and still match today's price.
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
0/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-37.0%
MissDebt under half of equityNot relying on borrowed money.3.97x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-109.4%
MissProfitable every yearSteady profits, not one good year.6 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$68K
MissShare count not growingNot diluting owners. Falling means buybacks.+1.1% in 3 years
Revenue
$2.0M
-34.0% vs prior year
5-year growth
-14.0%/yr
revenue, per year
Total debt
$20.4M
3.97x equity
Free cash flow
-$68K
-3.4% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 12, 2022
Revenue
$1.3M
+154.5% YoY
EPS
$0.74
vs $4.70
Free cash flow
$1.1M
Share count
+983.2%
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
56/ 100
This week
1
Normal week
0.8
vs normal
1.3x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Newly held
Institutions held almost none of it the quarter before (new listing, spin-off or ticker change), so there's no fair percent change yet. 9 bought, 0 sold.
Shares held by institutions17K
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+2.7%
Cash runwayAt last year's cash burn
553 months
Debt to equityLatest balance sheet: debt compared with what owners have
4.2x · $19.7M debt
Shares outstandingLatest reported
367K
Why elevated risk
Losing money, losses are large next to sales
High debt: 4.19x equity
Revenue down 34% from the year before
Earnings reports
Last 12
Next reportDue any dayEstimated from the same quarter last year
Results filedAug 12, 2022
Results filedMay 10, 2022
Results filedApr 1, 2022
Results filedNov 16, 2021
Results filedAug 9, 2021
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days