The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.2.7%
PassDebt under half of equityNot relying on borrowed money.0.40x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.1.5%
MissProfitable every yearSteady profits, not one good year.6 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$79.9M
MissGross margin 40%+Pricing power: sells for well above what it costs to make.14.4%
Revenue
$1.4B
-3.1% vs prior year
5-year growth
+18.4%/yr
revenue, per year
Total debt
$320.0M
0.40x equity
Current ratio
1.57x
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
Reported Oct 13
Revenue
$395.8M
+8.7% YoY
Op. margin
8.7%
+4.5 pts
Gross margin
19.4%
+3.5 pts
Free cash flow
$15.7M
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
59/ 100
This week
1
Normal week
0.7
vs normal
1.4x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+4.1%
Institutions added 4.1% to their holdings. 127 bought, 119 sold. 4 quarters of net buying in a row.
Shares held by institutions121.7M
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
0.3x · $262.9M debt
Shares outstandingLatest reported
40M
Why low risk
1 offering filing in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportAround Feb 16, 2027 (est.)Estimated from the same quarter last year
Results filedOct 13
Results filedAug 4
Results filedMay 5
Results filedFeb 17
Results filedNov 10, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days