The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/5Weak
MissDebt under half of equityNot relying on borrowed money.117.00x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.Losses many times its sales
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.-$8.6M
PassShare count not growingNot diluting owners. Falling means buybacks.-70.4% in 3 years
Revenue
$1.4M
Total debt
$150K
117.00x equity
Free cash flow
-$8.6M
-631.2% of revenue
From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. Not in this company's SEC data, so not scored: return on equity 15%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Revenue
$1.6M
EPS
-$0.28
vs $0.00
Op. margin
-871.2%
Gross margin
-111.5%
Free cash flow
$1.6M
Share count
+13.4%
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
1.4
vs normal
0.7x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Newly held
Institutions held almost none of it the quarter before (new listing, spin-off or ticker change), so there's no fair percent change yet. 44 bought, 1 sold.
Shares held by institutions6.6M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+485.2%
Cash runwayAt last year's cash burn
22 months
Debt to equityLatest balance sheet: debt compared with what owners have
0.0x · $150K debt
Shares outstandingLatest reported
53M
Why high risk
Losing money, losses are large next to sales
About 22 months of cash left at its current burn
Share count growing 485.2% a year (dilution)
7 offering filings in 6 months (may sell new shares)
Exchange listing notice (a delisting warning or a move to another exchange)
Earnings reports
Last 0
Next reportNot enough history
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days