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.-58.8%
MissDebt under half of equityNot relying on borrowed money.13.43x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-78.1%
MissProfitable every yearSteady profits, not one good year.0 of 5 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$19.8M
Revenue
$30.7M
+8.8% vs prior year
Total debt
$292.9M
13.43x equity
Free cash flow
-$19.8M
-64.4% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: share count not growing, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Revenue
$8.0M
+4.9% YoY
Op. margin
-26.1%
-5.3 pts
Free cash flow
$1.4M
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.
Safety check
From SEC filings
Cash runwayAt last year's cash burn
4 months
Debt to equityLatest balance sheet: debt compared with what owners have
Owes more than it owns
Why high risk
Losing money, losses are large next to sales
About 4 months of cash left at its current burn
Owes more than it owns (negative equity)
2 offering filings in 6 months (may sell new shares)
Earnings reports
Last 0
Next reportNot enough history
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days