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Data as of Q1 2026
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Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
No trend data available for this metric.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
3/8 of the 9 checks — 1 couldn't be scored (see above), so the score is out of the 8 with data.
Safe > 2.99 · grey 1.81–2.99 · distress < 1.81 · book equity (no price)
Eight indices comparing this year to last (receivables, margins, asset quality, growth, accruals, leverage). Above −1.78 suggests possible manipulation; below −2.22 is clean.
A screen, not proof — high growth alone can raise it.
Cash-conversion data unavailable. Lower/negative accruals = higher quality (Sloan).
Coverage data unavailable.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $2M buybacks = $2M returned on -$61M FCF.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 6 years — and what it earned on reinvestment.
A reinvestment story — most cash went back into growth rather than to shareholders.
Operating income fell despite reinvestment — a warning on capital productivity. Current ROIC on all capital: -34%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 6 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Insufficient EBITDA/debt history.
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Interest expense isn't separately reported — often netted into “other income (expense), net.”
Cash of $30M fully covers short-term debt of $830000.
Mostly short-term debt (balance-sheet current vs non-current split). A year-by-year maturity schedule wasn't disclosed for this issuer.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Educational — not a recommendation.
No current price collected.
Nothing notable to watch.
Where each multiple sits in its own 5-yr range
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 5-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
Profit and sales moved in opposite directions this year.
Each line as % of revenue — the trend in color
| % of revenue | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Cost of Revenue | — | — | — | — | 36.9 | 46.2 |
| Gross Profit | — | — | — | — | 63.1 | 53.8 |
| R&D | — | — | — | — | 3536.3 | 319.3 |
| SG&A | — | — | — | — | 1882.1 | 128.0 |
| Operating Income | — | — | — | — | -5355.3 | -393.4 |
| Income Tax | — | — | — | — | 9.2 | 1.1 |
| Net Income | — | — | — | — | -4911.0 | -347.8 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on SES: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $21.0M 100.0% | $2.0M 100.0% | — | — | — | — |
| Cost of Revenue | $9.7M 46.2% | $752K 36.9% | — | — | — | — |
| Gross Profit | $11.3M 53.8% | $1.3M 63.1% | — | — | — | — |
| Research & Development | $67.0M 319.3% | $72.1M 3536.3% | $30.7M | $28.0M | $15.5M | $9.4M |
| Selling, General & Admin | $26.9M 128.0% | $38.4M 1882.1% | $47.5M | $51.6M | $16.5M | $4.5M |
| Total Operating Expenses | $93.9M 447.2% | $110.5M 5418.4% | $78.2M | $79.6M | $32.0M | $13.9M |
| Operating Income | -$82.6M -393.4% | -$109.2M -5355.3% | -$78.2M | -$79.6M | -$32.0M | -$13.9M |
| Interest & Investment Income | — | — | — | — | $58K | — |
| Other Income (Expense), net | $9.8M 46.7% | $9.3M 453.5% | $23.9M | $29.8M | $776K | $21K |
| Pretax Income | -$72.8M -346.7% | -$100.0M -4901.8% | -$54.3M | -$49.7M | -$31.2M | -$13.9M |
| Income Tax Expense | $231K 1.1% | $188K 9.2% | -$853K | $1.3M | $25K | $7K |
| Net Income | -$73.0M -347.8% | -$100.2M -4911.0% | -$53.4M | -$51.0M | -$31.3M | -$13.9M |
| Per Share | ||||||
| EPS (Basic) | $-0.22 | $-0.31 | $-0.17 | $-0.18 | $-0.51 | $-0.23 |
| EPS (Diluted) | $-0.22 | $-0.31 | $-0.17 | $-0.18 | $-0.51 | $-0.23 |
| Weighted Avg Shares (Basic) | 330.9M | 321.8M | 315.1M | 288.3M | 61.1M | 60.8M |
| Weighted Avg Shares (Diluted) | 330.9M | 321.8M | 315.1M | 288.3M | 61.1M | 60.8M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position