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.-2.0%
PassDebt under half of equityNot relying on borrowed money.0.12x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-2.0%
MissProfitable every yearSteady profits, not one good year.3 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$462K
MissShare count not growingNot diluting owners. Falling means buybacks.+1.7% in 3 years
Revenue
$68.2M
-6.9% vs prior year
5-year growth
+10.4%/yr
revenue, per year
Total debt
$7.9M
0.12x equity
Current ratio
1.30x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 11
Revenue
$11.9M
-31.2% YoY
EPS
-$0.25
vs -$0.03
Gross margin
19.7%
-6.8 pts
Free cash flow
$4.8M
Share count
0.0%
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
0/ 100
This week
0
Normal week
0.3
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady0.0%
Institutions added 0.0% to their holdings. 11 bought, 9 sold.
Shares held by institutions937K
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+0.2%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.1x · $6.1M debt
Shares outstandingLatest reported
19M
Why moderate risk
Losing money
Auditor change
Earnings reports
Last 12
Next reportIn 7 days (est.)Estimated from the same quarter last year
Results filedAug 11
Results filedMay 7
Results filedMar 4
Results filedFeb 17
Results filedNov 5, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days