The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.8.9%
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.2.6%
MissProfitable every yearSteady profits, not one good year.2 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$7.0M
MissShare count not growingNot diluting owners. Falling means buybacks.+19.2% in 3 years
PassGross margin 40%+Pricing power: sells for well above what it costs to make.49.3%
Revenue
$49.1M
+9.9% vs prior year
5-year growth
+9.6%/yr
revenue, per year
Current ratio
0.79x
short-term assets / bills due
Free cash flow
$7.0M
14.3% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: debt under half of equity. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Sep 9
Revenue
$12.1M
-2.9% YoY
EPS
$0.02
vs $0.08
Op. margin
7.0%
-2.7 pts
Gross margin
53.0%
+2.0 pts
Free cash flow
$1.8M
Share count
+2.8%
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-5.7%
Institutions cut 5.7% from their holdings. 14 bought, 13 sold.
Shares held by institutions10.9M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+4.5%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
Total liabilities $25.0M
Shares outstandingLatest reported
34M
Earnings reports
Last 12
Next reportAround Nov 12 (est.)Estimated from the same quarter last year
Results filedSep 9
Results filedMay 14
Results filedFeb 12
Results filedNov 13, 2025
Results filedSep 18, 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.