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.-0.1%
MissDebt under half of equityNot relying on borrowed money.1.29x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.0.0%
MissProfitable every yearSteady profits, not one good year.4 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$2.4M
MissShare count not growingNot diluting owners. Falling means buybacks.+52.5% in 3 years
Revenue
$27.5M
-7.0% vs prior year
5-year growth
+3.2%/yr
revenue, per year
Total debt
$7.8M
1.29x equity
Current ratio
1.66x
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 Aug 31, 2026
Reported Oct 19After close5:10 pm ET
Revenue
$6.7M
-2.5% YoY
EPS
-$0.14
vs -$0.09
Op. margin
-16.3%
-9.3 pts
Gross margin
26.5%
+2.9 pts
Free cash flow
-$138K
Share count
+21.3%
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
0/ 100
This week
0
Normal week
1.8
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-31.6%
Institutions cut 31.6% from their holdings. 11 bought, 10 sold.
Shares held by institutions779K
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+15.1%
Cash runwayAt last year's cash burn
3 months
Debt to equityLatest balance sheet: debt compared with what owners have
0.1x · $316K debt
Shares outstandingLatest reported
10M
Why high risk
Losing money
About 3 months of cash left at its current burn
Share count growing 15.1% a year (dilution)
Bills due within a year exceed short-term assets
2 offering filings in 6 months (may sell new shares)
Late quarterly report notice
Auditor change
Earnings reports
Last 12
Next reportAround Jan 12, 2027 (est.)Estimated from the same quarter last year
Results filedOct 19
Results filedJul 14
Results filedJun 1
Results filedJan 13
Results filedOct 14, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days