The checklist Warren Buffett-style investors use. Annual numbers for 2025.
4/6Mixed
MissReturn on equity 15%+Earns a lot on the money owners have in the business.5.5%
PassDebt under half of equityNot relying on borrowed money.No debt reported
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.15.9%
PassProfitable every yearSteady profits, not one good year.7 of 7 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$7.1M
MissGross margin 40%+Pricing power: sells for well above what it costs to make.31.8%
Revenue
$45.1M
+6.8% vs prior year
5-year growth
+7.6%/yr
revenue, per year
Total debt
None
0.00x equity
Current ratio
38.88x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: share count not growing. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Revenue
$14.0M
+12.7% YoY
EPS
$0.18
vs $0.19
Op. margin
22.6%
-2.2 pts
Gross margin
34.9%
+1.8 pts
Free cash flow
$4.9M
Share count
+2.8%
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
0.6
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+85.2%
Institutions added 85.2% to their holdings. 13 bought, 4 sold.
Shares held by institutions798K
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+11.3%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
13M
Why elevated risk
Share count growing 11.3% a year (dilution)
2 offering filings in 6 months (may sell new shares)
Late annual report notice
Earnings reports
Last 0
Next reportNot enough history
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days