The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/5Weak
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.-100.6%
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$3.5M
PassShare count not growingNot diluting owners. Falling means buybacks.-1.2% in 3 years
PassGross margin 40%+Pricing power: sells for well above what it costs to make.50.3%
Revenue
$14.6M
+40.3% vs prior year
Total debt
$2.7M
Current ratio
0.51x
short-term assets / bills due
Free cash flow
-$3.5M
-23.8% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: return on equity 15%+, profitable every year. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Nov 18, 2024
Revenue
$1.6M
+48.0% YoY
Op. margin
-172.7%
-25.2 pts
Gross margin
13.2%
-45.1 pts
Free cash flow
-$1.2M
Share count
+226.7%
vs a year ago
Some values are worked out from year-to-date totals in the annual report.
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
0.9
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
+139.9%
Cash runwayAt last year's cash burn
2 months
Debt to equityLatest balance sheet: debt compared with what owners have
Owes more than it owns
Shares outstandingLatest reported
57M
Why high risk
Losing money, losses are large next to sales
About 2 months of cash left at its current burn
Share count growing 139.9% a year (dilution)
Bills due within a year exceed short-term assets
13 offering filings in 6 months (may sell new shares)
Exchange listing notice (a delisting warning or a move to another exchange)
Earnings reports
Last 2
Next reportDue any dayEstimated from the same quarter last year
Results filedNov 18, 2024
Results filedSep 23, 2024
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days