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.2.6%
MissDebt under half of equityNot relying on borrowed money.2.43x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.3.8%
MissProfitable every yearSteady profits, not one good year.5 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$26.4M
Revenue
$80.4M
5-year growth
+6.0%/yr
revenue, per year
Total debt
$216.6M
2.43x equity
Current ratio
0.61x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: share count not growing, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2014
Revenue
$170K
-97.5% YoY
EPS
-$0.08
vs $0.72
Op. margin
150.6%
+95.8 pts
Free cash flow
-$29.1M
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
1.5
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady
The share count changed with a stock split this quarter, so the change in holdings isn't comparable until next quarter.
Shares held by institutions263K
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+67.9%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
2.4x · $216.6M debt
Shares outstandingLatest reported
10M
Why elevated risk
Share count growing 67.9% a year (dilution)
High debt: 2.43x equity
13 offering filings in 6 months (may sell new shares)
Earnings reports
Last 0
Next reportNot enough history
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days