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.16.6%
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.11.9%
MissProfitable every yearSteady profits, not one good year.8 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$8.1M
PassShare count not growingNot diluting owners. Falling means buybacks.-1.6% in 3 years
PassGross margin 40%+Pricing power: sells for well above what it costs to make.57.0%
Revenue
$76.3M
+2.6% vs prior year
5-year growth
+3.6%/yr
revenue, per year
Current ratio
5.16x
short-term assets / bills due
Free cash flow
-$8.1M
-10.6% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: debt under half of equity. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 11
Revenue
$18.0M
+1.5% YoY
EPS
$0.05
vs -$0.02
Op. margin
3.0%
+2.6 pts
Gross margin
64.8%
+5.3 pts
Free cash flow
-$3.7M
Share count
-4.0%
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
0.2
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+1.0%
Institutions added 1.0% to their holdings. 8 bought, 4 sold.
Shares held by institutions4.8M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-0.6%
Cash runwayAt last year's cash burn
139 months
Shares outstandingLatest reported
8M
Earnings reports
Last 12
Next reportAround Nov 9 (est.)Estimated from the same quarter last year
Results filedAug 11
Results filedMay 11
Results filedFeb 24
Results filedNov 10, 2025
Results filedAug 12, 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.