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.-123.8%
MissDebt under half of equityNot relying on borrowed money.3.63x equity
MissProfitable every yearSteady profits, not one good year.0 of 8 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$68.1M
MissShare count not growingNot diluting owners. Falling means buybacks.+200.7% in 3 years
Total debt
$423.2M
3.63x equity
Free cash flow
$68.1M
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 4
EPS
-$0.01
vs -$1.65
Free cash flow
$17.3M
Share count
+0.8%
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
43/ 100
This week
1
Normal week
1.3
vs normal
0.8x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-0.9%
Institutions cut 0.9% from their holdings. 16 bought, 28 sold. 3 quarters of net selling in a row.
Shares held by institutions4.9M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-76.5%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
4.9x · $489.4M debt
Shares outstandingLatest reported
5M
Why elevated risk
Losing money
High debt: 4.9x equity
Revenue down 54.2% from the year before
1 offering filing in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportAround Nov 9 (est.)Estimated from the same quarter last year
Results filedAug 4
Results filedMay 15
Results filedMar 26
Results filedNov 10, 2025
Results filedAug 7, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days