A company still losing money with shrinking sales, with high risk. Institutions are adding.
Going well
Little debt
Watch out for
Sales down 74% in the latest quarter vs a year ago
About 4 months of cash left at its current burn
Share count growing 19.6% a year (dilution)
Money moves
No insider buying or selling in the last 30 days
Institutions added 2.9% to their holdings in the quarter ending June 2026 (129 bought, 87 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$17.77-4.1% that day
Company value
$2.3B
Share price times all shares
Price vs sales
19.3x
No profit over the last year, so this compares value with sales instead
Cash vs value
7%
Cash as a share of company value
Debt vs value
4%
Debt as a share of company value
From RCUS'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
$41.0M-74% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $117.0M, down 55% from the 12 months before. Over 5 years, sales grew about 26% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of RCUS. 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$69M
Profit in 5 years$7M
Price these guesses point to$0.51-97% vs $17.77 todayAbout -51% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales would have to grow about 83% a year for 5 years just to 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.
1/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-63.3%
PassDebt under half of equityNot relying on borrowed money.0.16x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-142.9%
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.-$484.0M
MissShare count not growingNot diluting owners. Falling means buybacks.+71.1% in 3 years
Revenue
$247.0M
-4.3% vs prior year
5-year growth
+25.9%/yr
revenue, per year
Total debt
$99.0M
0.16x equity
Current ratio
4.36x
short-term assets / bills due
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 Oct 21After close4:09 pm ET
The numbers below are the quarter before. The new quarter's full numbers come with the 10-Q. Read the press release ↗
Revenue
$41.0M
-74.4% YoY
EPS
-$0.72
vs $0.00
Op. margin
-234.1%
-229.1 pts
Free cash flow
-$119.0M
Share count
+18.4%
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
88/ 100
This week
4
Normal week
0.5
vs normal
7.3x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+2.9%
Institutions added 2.9% to their holdings. 129 bought, 87 sold.
Shares held by institutions122.6M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+19.6%
Cash runwayAt last year's cash burn
4 months
Debt to equityLatest balance sheet: debt compared with what owners have
0.2x · $101.0M debt
Shares outstandingLatest reported
127M
Why high risk
Losing money, losses are large next to sales
About 4 months of cash left at its current burn
Share count growing 19.6% a year (dilution)
2 offering filings in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportAround Feb 24, 2027 (est.)Estimated from the same quarter last year
Results filedOct 21
Results filedAug 5
Results filedMay 5
Results filedFeb 25
Results filedOct 28, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days