The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/4Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.0.0%
MissDebt under half of equityNot relying on borrowed money.2.43x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.0.0%
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$159.7M
Revenue
$525.6M
+66.2% vs prior year
Total debt
$1.5B
2.43x equity
Current ratio
1.38x
short-term assets / bills due
Free cash flow
$159.7M
30.4% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: profitable every year, share count not growing, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 5
Revenue
$217.8M
+128.0% YoY
EPS
$0.10
Op. margin
18.5%
+0.5 pts
Gross margin
26.7%
0.0 pts
Free cash flow
-$58.4M
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
2.0
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+29.5%
Institutions added 29.5% to their holdings. 95 bought, 77 sold. 2 quarters of net buying in a row.
Shares held by institutions72.0M
Sep '24Jun '26
Safety check
From SEC filings
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
2.1x · $1.6B debt
Shares outstandingLatest reported
49M
Why low risk
High debt: 2.13x equity
Earnings reports
Last 4
Next reportAround Nov 11 (est.)Estimated from the same quarter last year
Results filedAug 5
Results filedMay 6
Results filedMar 16
Results filedNov 12, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days