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.-50.7%
PassDebt under half of equityNot relying on borrowed money.0.12x equity
MissProfitable every yearSteady profits, not one good year.0 of 6 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$241.7M
MissShare count not growingNot diluting owners. Falling means buybacks.+141.7% in 3 years
Total debt
$74.8M
0.12x equity
Current ratio
13.64x
short-term assets / bills due
Free cash flow
-$241.7M
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: net margin 10%+, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 10
EPS
-$1.52
vs -$1.20
Free cash flow
-$100.3M
Share count
+12.6%
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
1.2
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+7.9%
Institutions added 7.9% to their holdings. 128 bought, 103 sold.
Shares held by institutions77.9M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+17.7%
Cash runwayAt last year's cash burn
2 months
Debt to equityLatest balance sheet: debt compared with what owners have
0.2x · $75.2M debt
Shares outstandingLatest reported
72M
Why high risk
Losing money, losses are large next to sales
About 2 months of cash left at its current burn
Share count growing 17.7% a year (dilution)
Earnings reports
Last 12
Next reportIn 7 days (est.)Estimated from the same quarter last year
Results filedAug 10
Results filedMay 7
Results filedFeb 26
Results filedNov 5, 2025
Results filedAug 5, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days