A company still losing money with growing sales. Insiders and institutions are both adding.
Going well
Sales up 41% in the latest quarter vs a year ago
Buying back shares: share count down 33% in 3 years
Watch out for
Losing money, losses are large next to sales
Money moves
A top executive bought $12K of shares with their own money in the last 30 days
Insiders sold $34K in the last 30 days
Institutions added 7% to their holdings in the quarter ending June 2026 (57 bought, 40 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$3.26+0.9% that day
Latest insider buy: A chair bought at $2.58 on Oct 16. The stock is now $3.26, +26.4% since.
Company value
$323M
Share price times all shares
Price vs profit (P/E)
163.0x
You pay about $163 for each $1 of yearly profit
Price vs sales
37.3x
Company value is 37.3 times a year of sales
Cash vs value
60%
A big cushion: cash is a large part of what the company is worth
Debt vs value
23%
Debt as a share of company value
From XFOR's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26
$2.4M+41% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $8.7M, up 86% from the 12 months before. Over 5 years, sales grew about 64% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of XFOR. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$32M
Profit in 5 years$3M
Price these guesses point to$1.68-49% vs $3.26 todayAbout -12% a year, before dividends
What today's price needs: with a 10% margin and a 40x P/E, sales would have to grow about 48% a year for 5 years just to match today's price.
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
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.-76.0%
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.-225.6%
MissProfitable every yearSteady profits, not one good year.0 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$85.6M
PassShare count not growingNot diluting owners. Falling means buybacks.-33.4% in 3 years
Revenue
$35.1M
5-year growth
+63.6%/yr
revenue, per year
Total debt
$75.0M
0.40x equity
Current ratio
10.16x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Nov 5, 2025
Revenue
$2.4M
+41.2% YoY
EPS
-$0.13
vs -$0.58
Op. margin
-683.0%
+860.1 pts
Gross margin
32.6%
-48.2 pts
Free cash flow
-$20.8M
Share count
+184.1%
vs a year ago
Insider rating
Last 90 days
55Mixed
1 insider bought $12K
Top executive buying (Executive Chairman)
1 insider sold $34K (not pre-planned)
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trend
13 weeks agoBoughtSoldThis week
Filing buzz
Last 7 days vs normal
0/ 100
This week
0
Normal week
1.2
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+7.0%
Institutions added 7.0% to their holdings. 57 bought, 40 sold. 4 quarters of net buying in a row.
Shares held by institutions105.3M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+163.9%
Cash runwayAt last year's cash burn
27 months
Debt to equityLatest balance sheet: debt compared with what owners have
0.5x · $75.0M debt
Shares outstandingLatest reported
99M
Why elevated risk
Losing money, losses are large next to sales
Share count growing 163.9% a year (dilution)
2 offering filings in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportDue any dayEstimated from the same quarter last year
Results filedNov 5, 2025
Results filedMay 1, 2025
Results filedMar 25, 2025
Results filedNov 13, 2024
Results filedAug 8, 2024
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days