A company still losing money with shrinking sales.
Going well
Sales up 21% last year
Watch out for
Sales down 43% in the latest quarter vs a year ago
Share count growing 17% a year (dilution)
Losing money
Money moves
No insider buying or selling in the last 30 days
Institutions cut 5.3% from their holdings in the quarter ending June 2026 (20 bought, 20 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$0.510.0% that day
Company value
$32M
Share price times all shares
Price vs profit (P/E)
8.5x
You pay about $9 for each $1 of yearly profit
Price vs sales
0.97x
Company value is 0.97 times a year of sales
Cash vs value
24%
Cash as a share of company value
From TOON's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26
$5.8M-43% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $32.6M, down 14% from the 12 months before. Over 5 years, sales grew about 74% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of TOON. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$19M
Profit in 5 years$2M
Price these guesses point to$0.17-66% vs $0.51 todayAbout -19% a year, before dividends
What today's price needs: with a 10% margin and a 9x P/E, sales would have to grow about 12% a year for 5 years just to match today's price.
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
0/5Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-0.1%
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-0.1%
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.-$11.6M
MissShare count not growingNot diluting owners. Falling means buybacks.+60.0% in 3 years
Revenue
$39.4M
+20.7% vs prior year
5-year growth
+73.8%/yr
revenue, per year
Current ratio
1.07x
short-term assets / bills due
Free cash flow
-$11.6M
-29.4% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: debt under half of equity, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 14
Revenue
$5.8M
-43.4% YoY
EPS
$0.38
vs -$0.13
Op. margin
-58.6%
-27.3 pts
Free cash flow
$34.2M
Share count
+48.5%
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
43/ 100
This week
1
Normal week
1.3
vs normal
0.8x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-5.3%
Institutions cut 5.3% from their holdings. 20 bought, 20 sold.
Shares held by institutions19.8M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+21.1%
Cash runwayAt last year's cash burn
8 months
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
62M
Why high risk
Losing money, losses are large next to sales
About 8 months of cash left at its current burn
Share count growing 21.1% a year (dilution)
1 offering filing in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportAround Nov 13 (est.)Estimated from the same quarter last year
Results filedAug 14
Results filedMay 15
Results filedMar 31
Results filedNov 14, 2025
Results filedAug 14, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days