The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/5Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-63.5%
PassDebt under half of equityNot relying on borrowed money.0.15x equity
MissProfitable every yearSteady profits, not one good year.0 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$101.1M
MissShare count not growingNot diluting owners. Falling means buybacks.+45.6% in 3 years
Total debt
$29.9M
0.15x equity
Current ratio
11.85x
short-term assets / bills due
Free cash flow
-$101.1M
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: net margin 10%+, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 6, 2020
EPS
-$0.16
vs -$0.14
Free cash flow
-$30.0M
Share count
+17.2%
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
▲Accumulating+5.3%
Institutions added 5.3% to their holdings. 93 bought, 83 sold. 3 quarters of net buying in a row.
Shares held by institutions224.1M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+14.9%
Cash runwayAt last year's cash burn
5 months
Debt to equityLatest balance sheet: debt compared with what owners have
0.2x · $30.1M debt
Shares outstandingLatest reported
205M
Why high risk
Losing money, losses are large next to sales
About 5 months of cash left at its current burn
Share count growing 14.9% a year (dilution)
Earnings reports
Last 12
Next reportDue any dayEstimated from the same quarter last year
Results filedAug 6, 2020
Results filedMay 7, 2020
Results filedMar 12, 2020
Results filedNov 7, 2019
Results filedAug 8, 2019
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.
Latest filings
Straight from SEC EDGAR
Shares withheld for taxesBraden C. ParkerChief Commercial Officer