The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/3Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-12.2%
PassDebt under half of equityNot relying on borrowed money.0.09x equity
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$29.6M
Total debt
$32.6M
0.09x equity
Current ratio
2.01x
short-term assets / bills due
Free cash flow
-$29.6M
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: net margin 10%+, 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 Sep 25
EPS
$0.05
vs -$0.65
Free cash flow
-$7.6M
Some values are worked out from year-to-date totals in the annual report.
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
0.9
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+50.5%
Institutions added 50.5% to their holdings. 79 bought, 16 sold. 7 quarters of net buying in a row.
Shares held by institutions13.0M
Sep '24Jun '26
Safety check
From SEC filings
Cash runwayAt last year's cash burn
76 months
Debt to equityLatest balance sheet: debt compared with what owners have
0.1x · $59.0M debt
Shares outstandingLatest reported
35M
Why elevated risk
Losing money, losses are large next to sales
2 offering filings in 6 months (may sell new shares)
Earnings reports
Last 10
Next reportAround Nov 12 (est.)Estimated from the same quarter last year
Results filedSep 25
Results filedMay 13
Results filedFeb 11
Results filedNov 13, 2025
Results filedSep 25, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days