A company still losing money with growing sales, with elevated risk. Institutions are adding.
Going well
Sales up 100% last year
Watch out for
About 8 months of cash left at its current burn
Losing money, losses are large next to sales
Money moves
No insider buying or selling in the last 30 days
Institutions added 11% to their holdings in the quarter ending June 2026 (90 bought, 61 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$27.25+1.4% that day
Company value
$1.8B
Share price times all shares
Price vs sales
177.6x
No profit over the last year, so this compares value with sales instead
Cash vs value
11%
Cash as a share of company value
Debt vs value
4%
Debt as a share of company value
From ZBIO'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
$1.0M
Sep '23Tap a barJun '26
What the price assumes
Your guesses, our math
Move the sliders to your own view of ZBIO. 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$6M
Profit in 5 years$1M
Price these guesses point to$0.14-100% vs $27.25 todayAbout -65% a year, before dividends
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.
1/4Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-136.2%
PassDebt under half of equityNot relying on borrowed money.0.32x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.Losses many times its sales
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$172.4M
Revenue
$10.0M
+100.0% vs prior year
Total debt
$78.6M
0.32x equity
Current ratio
5.61x
short-term assets / bills due
Free cash flow
-$172.4M
-1723.5% 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 13
Revenue
$1.0M
EPS
-$1.77
vs -$1.25
Op. margin
-10765.9%
Free cash flow
-$57.2M
Share count
+50.8%
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
1
Normal week
1.0
vs normal
1.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+10.6%
Institutions added 10.6% to their holdings. 90 bought, 61 sold. 7 quarters of net buying in a row.
Shares held by institutions61.3M
Sep '24Jun '26
Safety check
From SEC filings
Cash runwayAt last year's cash burn
14 months
Debt to equityLatest balance sheet: debt compared with what owners have
0.9x · $223.0M debt
Shares outstandingLatest reported
65M
Why moderate risk
Losing money, losses are large next to sales
About 14 months of cash left at its current burn
Earnings reports
Last 10
Next reportDue any dayEstimated from the same quarter last year
Results filedAug 13
Results filedMay 13
Results filedMar 16
Results filedJan 5
Results filedNov 12, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days