The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/4Mixed
PassReturn on equity 15%+Earns a lot on the money owners have in the business.18.8%
MissDebt under half of equityNot relying on borrowed money.2.56x equity
MissProfitable every yearSteady profits, not one good year.9 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$972.1M
Revenue
$59.5M
Total debt
$6.6B
2.56x equity
Free cash flow
$972.1M
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: net margin 10%+, 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 Aug 1, 2023
Revenue
$21.8M
+32.6% YoY
Op. margin
840.9%
-364.8 pts
Gross margin
2.9%
-1.7 pts
Free cash flow
$224.7M
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.
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+22.4%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
2.4x · $6.6B debt
Shares outstandingLatest reported
101M
Why moderate risk
Share count growing 22.4% a year (dilution)
High debt: 2.41x equity
Earnings reports
Last 12
Next reportDue any dayEstimated from the same quarter last year
Results filedAug 1, 2023
Results filedMay 2, 2023
Results filedFeb 14, 2023
Results filedNov 1, 2022
Results filedJul 28, 2022
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.