The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/5Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-49.5%
PassDebt under half of equityNot relying on borrowed money.No debt reported
MissProfitable every yearSteady profits, not one good year.0 of 7 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$125.2M
MissShare count not growingNot diluting owners. Falling means buybacks.+36.0% in 3 years
Total debt
None
0.00x equity
Current ratio
6.93x
short-term assets / bills due
Free cash flow
-$125.2M
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: net margin 10%+, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 6
EPS
-$0.59
vs -$0.37
Free cash flow
-$37.2M
Share count
-0.9%
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
0.8
vs normal
1.3x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+9.5%
Institutions added 9.5% to their holdings. 63 bought, 51 sold. 2 quarters of net buying in a row.
Shares held by institutions47.4M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+0.5%
Cash runwayAt last year's cash burn
2 months
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
72M
Why high risk
Losing money, losses are large next to sales
About 2 months of cash left at its current burn
2 offering filings in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportAround Nov 9 (est.)Estimated from the same quarter last year
Results filedAug 6
Results filedMay 12
Results filedMar 26
Results filedNov 10, 2025
Results filedAug 6, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days