The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/4Mixed
MissReturn on equity 15%+Earns a lot on the money owners have in the business.8.2%
PassDebt under half of equityNot relying on borrowed money.No debt reported
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.56.3%
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$3.4M
Revenue
$21.6M
+103.0% vs prior year
Total debt
None
0.00x equity
Free cash flow
-$3.4M
-15.9% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: profitable every year, share count not growing, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 6
Revenue
$5.8M
+2.6% YoY
EPS
$0.23
vs $0.25
Free cash flow
$371K
Share count
+0.7%
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
48/ 100
This week
1
Normal week
1.1
vs normal
0.9x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-21.3%
Institutions cut 21.3% from their holdings. 41 bought, 41 sold. 5 quarters of net selling in a row.
Shares held by institutions3.2M
Sep '24Jun '26
Safety check
From SEC filings
Cash runwayAt last year's cash burn
20 months
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
14M
Why moderate risk
1 offering filing in 6 months (may sell new shares)
Earnings reports
Last 9
Next reportAround Nov 12 (est.)Estimated from the same quarter last year
Results filedAug 6
Results filedMay 14
Results filedMar 12
Results filedNov 13, 2025
Results filedMay 7, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days