The checklist Warren Buffett-style investors use. Annual numbers for 2025.
4/6Mixed
MissReturn on equity 15%+Earns a lot on the money owners have in the business.8.3%
PassDebt under half of equityNot relying on borrowed money.0.47x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.4.6%
PassProfitable every yearSteady profits, not one good year.10 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$123.8M
PassShare count not growingNot diluting owners. Falling means buybacks.-0.8% in 3 years
Revenue
$989.9M
+5.8% vs prior year
5-year growth
+8.2%/yr
revenue, per year
Total debt
$274.7M
0.47x equity
Current ratio
0.54x
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 5
Revenue
$221.8M
-16.9% YoY
EPS
-$4.25
vs $0.82
Op. margin
-70.0%
-83.0 pts
Gross margin
57.7%
-2.6 pts
Free cash flow
-$9.5M
Share count
+2.1%
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
1.0
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▼Distributing-11.0%
Institutions cut 11.0% from their holdings. 79 bought, 82 sold.
Shares held by institutions19.9M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+0.8%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.8x · $273.3M debt
Shares outstandingLatest reported
37M
Earnings reports
Last 12
Next reportAround Nov 4 (est.)Estimated from the same quarter last year
Results filedAug 5
Results filedApr 28
Results filedFeb 17
Results filedNov 5, 2025
Results filedJul 29, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.