The checklist Warren Buffett-style investors use. Annual numbers for 2025.
3/6Mixed
PassReturn on equity 15%+Earns a lot on the money owners have in the business.96.7%
MissDebt under half of equityNot relying on borrowed money.0.60x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.58.8%
MissProfitable every yearSteady profits, not one good year.3 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$12.4M
MissShare count not growingNot diluting owners. Falling means buybacks.+23.0% in 3 years
Revenue
$210.1M
+3.5% vs prior year
5-year growth
-20.7%/yr
revenue, per year
Total debt
$113.3M
0.60x equity
Current ratio
0.53x
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 Sep 1
Revenue
$56.0M
-7.3% YoY
EPS
$1.52
vs $43.10
Op. margin
11.8%
-0.3 pts
Free cash flow
$3.6M
Share count
+2.6%
vs a year ago
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+0.2%
Institutions added 0.2% to their holdings. 12 bought, 9 sold. 4 quarters of net buying in a row.
Shares held by institutions774K
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+3.1%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.6x · $117.1M debt
Shares outstandingLatest reported
2M
Earnings reports
Last 12
Next reportAround Nov 11 (est.)Estimated from the same quarter last year
Results filedSep 1
Results filedMay 13
Results filedFeb 5
Results filedNov 12, 2025
Results filedSep 3, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.