The checklist Warren Buffett-style investors use. Annual numbers for 2025.
4/6Mixed
PassReturn on equity 15%+Earns a lot on the money owners have in the business.15.4%
PassDebt under half of equityNot relying on borrowed money.0.33x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.9.7%
PassProfitable every yearSteady profits, not one good year.6 of 6 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$2.9M
MissShare count not growingNot diluting owners. Falling means buybacks.+23.0% in 3 years
Revenue
$12.5M
+2.7% vs prior year
5-year growth
+14.1%/yr
revenue, per year
Total debt
$2.8M
0.33x equity
Free cash flow
$2.9M
22.9% of revenue
From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Jul 24, 2025
Revenue
$3.5M
+11.1% YoY
EPS
$0.10
vs $0.06
Free cash flow
-$67K
Share count
-7.1%
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
0.1
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+0.3%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.8x · $7.2M debt
Shares outstandingLatest reported
3M
Why low risk
Auditor change
Earnings reports
Last 2
Next reportDue any dayEstimated from the same quarter last year
Results filedJul 24, 2025
Results filedAug 19, 2024
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days