The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/4Mixed
PassDebt under half of equityNot relying on borrowed money.0.39x equity
MissProfitable every yearSteady profits, not one good year.4 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$3.0M
MissShare count not growingNot diluting owners. Falling means buybacks.+7.0% in 3 years
Revenue
$300.0M
Total debt
$19.5M
0.39x equity
Current ratio
1.49x
short-term assets / bills due
Free cash flow
$3.0M
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, net margin 10%+, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Aug 1, 2026
Reported Sep 10
Revenue
$81.8M
+11.7% YoY
EPS
$0.80
vs $0.93
Op. margin
16.6%
+1.4 pts
Gross margin
60.9%
+10.5 pts
Free cash flow
$17.4M
Share count
+1.8%
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
0.2
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+98.6%
Institutions added 98.6% to their holdings. 20 bought, 9 sold.
Shares held by institutions1.8M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+1.2%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.2x · $12.3M debt
Shares outstandingLatest reported
13M
Earnings reports
Last 12
Next reportAround Dec 8 (est.)Estimated from the same quarter last year
Results filedSep 10
Results filedJun 16
Results filedApr 15
Results filedDec 9, 2025
Results filedSep 10, 2025
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.