The checklist Warren Buffett-style investors use. Annual numbers for 2025.
0/5Weak
MissDebt under half of equityNot relying on borrowed money.Owes more than it owns
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.9.0%
MissProfitable every yearSteady profits, not one good year.1 of 6 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$15.0M
MissShare count not growingNot diluting owners. Falling means buybacks.+261.9% in 3 years
Revenue
$58.8M
-1.3% vs prior year
5-year growth
+23.9%/yr
revenue, per year
Total debt
$43.1M
Free cash flow
-$15.0M
-25.5% of revenue
From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. Not in this company's SEC data, so not scored: return on equity 15%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Oct 5
Revenue
$3.4M
-73.7% YoY
EPS
-$0.58
vs -$0.27
Op. margin
-284.8%
-258.4 pts
Free cash flow
-$4.3M
Share count
+12.4%
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
2.7
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+1.9%
Institutions added 1.9% to their holdings. 9 bought, 12 sold. 4 quarters of net buying in a row.
Shares held by institutions1.6M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+35.5%
Cash runwayAt last year's cash burn
3 months
Debt to equityLatest balance sheet: debt compared with what owners have
Owes more than it owns
Shares outstandingLatest reported
18M
Why high risk
Share count growing 35.5% a year (dilution)
Owes more than it owns (negative equity)
Bills due within a year exceed short-term assets
6 offering filings in 6 months (may sell new shares)
Exchange listing notice (a delisting warning or a move to another exchange)
Earnings reports
Last 12
Next reportAround Jan 3, 2027 (est.)Estimated from the same quarter last year
Results filedOct 5
Results filedAug 14
Results filedMar 5
Results filedNov 13, 2025
Results filedAug 13, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days