A company still losing money with growing sales, with elevated risk. Institutions are adding.
Going well
Sales up 259% in the latest quarter vs a year ago
Sales up 38% last year
Watch out for
Share count growing 17% a year (dilution)
Losing money, losses are large next to sales
Money moves
No insider buying or selling in the last 30 days
Institutions added 38% to their holdings in the quarter ending June 2026 (156 bought, 48 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$3.71-3.4% that day
Company value
$559M
Share price times all shares
Price vs sales
17.5x
No profit over the last year, so this compares value with sales instead
Cash vs value
20%
Cash as a share of company value
From SATL'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 10 quarters, from SEC filings
Sales, Jun '26
$15.9M+259% vs a year earlier
Mar '24Tap a barJun '26
Last 12 months: $31.9M, up 130% from the 12 months before.
What the price assumes
Your guesses, our math
Move the sliders to your own view of SATL. 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$41M
Profit in 5 years$4M
Price these guesses point to$0.25-93% vs $3.71 todayAbout -42% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales would have to grow about 80% 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.
0/5Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-127.6%
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-27.0%
MissProfitable every yearSteady profits, not one good year.0 of 6 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$34.3M
MissShare count not growingNot diluting owners. Falling means buybacks.+60.1% in 3 years
Revenue
$17.7M
+37.6% vs prior year
Current ratio
5.12x
short-term assets / bills due
Free cash flow
-$34.3M
-193.5% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: debt under half of equity, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 5
Revenue
$15.9M
+258.5% YoY
EPS
-$0.13
vs -$0.06
Op. margin
1.7%
+143.3 pts
Free cash flow
-$14.3M
Share count
+45.9%
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
50/ 100
This week
1
Normal week
1.0
vs normal
1.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+37.9%
Institutions added 37.9% to their holdings. 156 bought, 48 sold. 5 quarters of net buying in a row.
Shares held by institutions105.7M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+17.0%
Cash runwayAt last year's cash burn
50 months
Debt to equityLatest balance sheet: debt compared with what owners have
2.6x · $89.7M debt
Shares outstandingLatest reported
27M
Why moderate risk
Losing money, losses are large next to sales
High debt: 2.65x equity
Earnings reports
Last 4
Next reportDue any dayEstimated from the same quarter last year
Results filedAug 5
Results filedMay 11
Results filedMar 19
Results filedOct 15, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days