A company still losing money with steady sales, with elevated risk.
Going well
Sales up 24% last year
Watch out for
Less than a month of cash left at its current burn
Owes more than it owns (negative equity)
Losing money
Money moves
Insiders sold $4.1M in the last 30 days
Institutions cut 13% from their holdings in the quarter ending June 2026 (10 bought, 8 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$3.45-5.0% that day
Company value
$66M
Share price times all shares
Price vs sales
4.2x
No profit over the last year, so this compares value with sales instead
Cash vs value
18%
Cash as a share of company value
From ROC'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 4 quarters, from SEC filings
Sales, Jun '26
$5.1M
Mar '25Tap a barJun '26
Last 12 months: $15.8M.
What the price assumes
Your guesses, our math
Move the sliders to your own view of ROC. 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$20M
Profit in 5 years$2M
Price these guesses point to$1.58-54% vs $3.45 todayAbout -14% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales would have to grow about 23% 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.
1/4Weak
MissDebt under half of equityNot relying on borrowed money.Owes more than it owns
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-15.8%
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$998K
PassGross margin 40%+Pricing power: sells for well above what it costs to make.77.2%
Revenue
$17.0M
+23.9% vs prior year
Current ratio
0.77x
short-term assets / bills due
Free cash flow
-$998K
-5.9% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, profitable every year, share count not growing. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 14
Revenue
$5.1M
+2.5% YoY
EPS
-$0.04
vs $0.04
Op. margin
-15.2%
-31.8 pts
Gross margin
89.7%
+9.3 pts
Free cash flow
-$3.2M
Share count
+18.5%
vs a year ago
Insider rating
Last 90 days
26Selling
1 insider sold $4.1M (not pre-planned)
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
0/ 100
This week
0
Normal week
1.3
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-13.0%
Institutions cut 13.0% from their holdings. 10 bought, 8 sold.
Shares held by institutions1.7M
Sep '24Jun '26
Safety check
From SEC filings
Cash runwayAt last year's cash burn
141 months
Debt to equityLatest balance sheet: debt compared with what owners have
Owes more than it owns
Shares outstandingLatest reported
19M
Why low risk
Losing money
Earnings reports
Last 2
Next reportAround Nov 13 (est.)Estimated from the same quarter last year
Results filedAug 14
Results filedMay 15
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days