A company still losing money with steady sales, with elevated risk.
Going well
No debt reported
Watch out for
About 16 months of cash left at its current burn
Losing money, losses are large next to sales
Revenue down 29.9% from the year before
Money moves
No insider buying or selling in the last 30 days
Institutions cut 52% from their holdings in the quarter ending June 2026 (8 bought, 4 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$5.73-1.7% that day
Company value
$10M
Share price times all shares
Price vs sales
0.83x
No profit over the last year, so this compares value with sales instead
Cash vs value
12%
Cash as a share of company value
From SLE'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 12 quarters, from SEC filings
Sales, Jun '26
$3.0M+0.3% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $11.6M, down 14% from the 12 months before. Over 5 years, sales grew about 41% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of SLE. 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$7M
Profit in 5 years$1M
Price these guesses point to$6.08+6.1% vs $5.73 todayAbout +1.2% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales could shrink about 11% a year for 5 years and still 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.
2/5Weak
PassDebt under half of equityNot relying on borrowed money.No debt reported
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-182.7%
MissProfitable every yearSteady profits, not one good year.0 of 8 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$10.7M
PassGross margin 40%+Pricing power: sells for well above what it costs to make.40.5%
Revenue
$11.3M
-29.9% vs prior year
5-year growth
+40.6%/yr
revenue, per year
Total debt
None
0.00x equity
Current ratio
4.36x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, share count not growing. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 20
Revenue
$3.0M
+0.3% YoY
EPS
-$2.70
vs -$54.24
Op. margin
-121.2%
-16.4 pts
Gross margin
41.3%
-2.3 pts
Free cash flow
-$2.2M
Share count
+57.2%
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
61/ 100
This week
3
Normal week
2.0
vs normal
1.5x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-51.5%
Institutions cut 51.5% from their holdings. 8 bought, 4 sold. 2 quarters of net selling in a row.
Shares held by institutions83K
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-26.1%
Cash runwayAt last year's cash burn
1 months
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
2M
Why high risk
Losing money, losses are large next to sales
About 1 month of cash left at its current burn
Revenue down 29.9% from the year before
7 offering filings in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportAround Nov 18 (est.)Estimated from the same quarter last year
Results filedAug 20
Results filedMay 19
Results filedApr 3
Results filedNov 19, 2025
Results filedMay 19, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days