The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-37.6%
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-11.7%
MissProfitable every yearSteady profits, not one good year.0 of 7 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$15.2M
MissShare count not growingNot diluting owners. Falling means buybacks.+17.2% in 3 years
PassGross margin 40%+Pricing power: sells for well above what it costs to make.72.1%
Revenue
$239.0M
+17.0% vs prior year
5-year growth
+24.5%/yr
revenue, per year
Current ratio
1.24x
short-term assets / bills due
Free cash flow
$15.2M
6.3% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: debt under half of equity. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 6
Revenue
$67.5M
+15.5% YoY
EPS
-$0.05
vs -$0.11
Op. margin
-6.5%
+10.9 pts
Gross margin
72.0%
+0.3 pts
Free cash flow
$9.6M
Share count
+5.0%
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
55/ 100
This week
3
Normal week
2.5
vs normal
1.2x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+9.6%
Institutions added 9.6% to their holdings. 119 bought, 70 sold. 2 quarters of net buying in a row.
Shares held by institutions70.0M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+5.8%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
Total liabilities $123.6M
Shares outstandingLatest reported
80M
Why high risk
Losing money
Share count growing 5.8% a year
Exchange listing notice (a delisting warning or a move to another exchange)
Earnings reports
Last 12
Next reportIn 1 days (est.)Estimated from the same quarter last year
Results filedAug 6
Results filedApr 30
Results filedFeb 19
Results filedOct 30, 2025
Results filedJul 31, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days