The checklist Warren Buffett-style investors use. Annual numbers for 2025.
3/5Mixed
PassReturn on equity 15%+Earns a lot on the money owners have in the business.32.3%
MissDebt under half of equityNot relying on borrowed money.2.19x equity
PassProfitable every yearSteady profits, not one good year.10 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$398.6M
PassShare count not growingNot diluting owners. Falling means buybacks.-19.3% in 3 years
Total debt
$5.4B
2.19x equity
Free cash flow
-$398.6M
From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. Not in this company's SEC data, so not scored: net margin 10%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Sep 30, 2026
Reported Oct 22After close4:32 pm ET
EPS
-$0.19
vs $0.63
Free cash flow
-$106.4M
Share count
-11.9%
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
76/ 100
This week
2
Normal week
0.6
vs normal
3.2x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+2.3%
Institutions added 2.3% to their holdings. 185 bought, 180 sold.
Shares held by institutions209.8M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-6.9%
Cash runwayAt last year's cash burn
65 months
Debt to equityLatest balance sheet: debt compared with what owners have
2.5x · $5.5B debt
Shares outstandingLatest reported
183M
Why moderate risk
High debt: 2.45x equity
Earnings reports
Last 12
Next reportAround Jan 21, 2027 (est.)Estimated from the same quarter last year
Results filedOct 22
Results filedJul 23
Results filedApr 23
Results filedJan 22
Results filedOct 23, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days