{
 "ok": true,
 "cik": "80172",
 "ticker": "NPK",
 "name": "NATIONAL PRESTO INDUSTRIES INC",
 "filings": [
  {
   "form": "8-K",
   "filed": "2026-08-14",
   "items": [
    "8.01 Other Events",
    "9.01 Financial Statements and Exhibits"
   ],
   "url": "https://www.sec.gov/Archives/edgar/data/80172/000143774926028014/0001437749-26-028014-index.htm"
  },
  {
   "form": "10-Q",
   "filed": "2026-08-14",
   "items": [],
   "url": "https://www.sec.gov/Archives/edgar/data/80172/000143774926027999/0001437749-26-027999-index.htm"
  },
  {
   "form": "8-K",
   "filed": "2026-08-03",
   "items": [
    "2.02 Results of Operations and Financial Condition",
    "9.01 Financial Statements and Exhibits"
   ],
   "url": "https://www.sec.gov/Archives/edgar/data/80172/000143774926025460/0001437749-26-025460-index.htm"
  },
  {
   "form": "8-K",
   "filed": "2026-06-16",
   "items": [
    "8.01 Other Events",
    "9.01 Financial Statements and Exhibits"
   ],
   "url": "https://www.sec.gov/Archives/edgar/data/80172/000143774926020791/0001437749-26-020791-index.htm"
  },
  {
   "form": "8-K",
   "filed": "2026-05-21",
   "items": [
    "5.03 Amendments to Articles or Bylaws; Change in Fiscal Year",
    "5.07 Submission of Matters to a Vote of Security Holders",
    "8.01 Other Events",
    "9.01 Financial Statements and Exhibits"
   ],
   "url": "https://www.sec.gov/Archives/edgar/data/80172/000143774926018109/0001437749-26-018109-index.htm"
  },
  {
   "form": "10-Q",
   "filed": "2026-05-15",
   "items": [],
   "url": "https://www.sec.gov/Archives/edgar/data/80172/000143774926017365/0001437749-26-017365-index.htm"
  }
 ],
 "events12m": 13,
 "healthWatch": {
  "window": "last 12 months",
  "since": "2025-09-27",
  "signals": [
   {
    "code": "5.02",
    "label": "Director or officer change",
    "count": 2,
    "latest": {
     "filed": "2026-03-04",
     "url": "https://www.sec.gov/Archives/edgar/data/80172/000143774926006907/0001437749-26-006907-index.htm"
    }
   }
  ],
  "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt."
 },
 "sources": {
  "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000080172.json",
  "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=80172"
 },
 "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.",
 "notAdvice": "Reporting, not investment advice. No price targets and no trading recommendations.",
 "edgar": "🫧 Edgar looked up NATIONAL PRESTO INDUSTRIES INC ($NPK). Last filing: 8-K (8.01 Other Events), 2026-08-14. 13 event filings (8-K) in the past twelve months.",
 "auditor": {
  "changes": [],
  "nonReliance": [],
  "restatedSince": null
 },
 "metrics": {
  "fiscalYearEnd": "2025-12-31",
  "revenue": 503524000,
  "revenueGrowth1y": 0.2969801250811379,
  "revenueGrowthPerYear": 0.09071321921785502,
  "yearsOfData": 5,
  "operatingMargin": 0.07991873277142698,
  "operatingMarginPrior": 0.11645991530749972,
  "netMargin": 0.06570491178176215,
  "operatingCashFlow": -9137000,
  "capitalSpending": 27034000,
  "freeCashFlow": -36171000,
  "researchAndDevelopment": null,
  "researchShareOfRevenue": null,
  "cash": 3252000,
  "longTermDebt": null,
  "longTermDebtChange": null,
  "revenueHistory": [
   {
    "fiscalYearEnd": "2021-12-31",
    "revenue": 355777000
   },
   {
    "fiscalYearEnd": "2022-12-31",
    "revenue": 321623000
   },
   {
    "fiscalYearEnd": "2023-12-31",
    "revenue": 340912000
   },
   {
    "fiscalYearEnd": "2024-12-31",
    "revenue": 388228000
   },
   {
    "fiscalYearEnd": "2025-12-31",
    "revenue": 503524000
   }
  ],
  "totalEquity": 395135000,
  "totalAssets": 500729000,
  "equityRatio": 0.7891194638217479,
  "returnOnEquity": 0.08372834600832627,
  "dividendsPaid": 7142000,
  "payoutRatio": 0.21587474307822513,
  "dividendPerShare": 8.25,
  "dividendYearsRising": 2,
  "dividendCut": false,
  "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.",
  "earningsPerShare": 4.63,
  "sharesOutstanding": 7147000,
  "bookValuePerShare": 55.28683363649083,
  "revenuePerShare": 70.45249755142018,
  "range80": {
   "low": 491884651.04725355,
   "high": 749818622.674313,
   "baseline": 618865573.4269806,
   "n": 4309,
   "band": "b01",
   "bandLabel": "$100M–1B",
   "method": "v4.1",
   "credibility": 0.5,
   "growthYears": 4,
   "ownVolatility": 0.1504779830076765,
   "classVolatility": 0.1022985825903761,
   "volatility": 0.12866356005112436
  },
  "ifPaceHeld": {
   "low": 491884651.04725355,
   "high": 749818622.674313
  }
 },
 "edgarette": "🔖 Exposure: revenue $503.5M (FY2025). Experience: revenue up 29.7% on the year, up 9.1% a year over 4 years; operating margin 8.0%, down from 11.6%. Soundness: equity 78.9% of assets, return on equity 8.4%, payout 21.6% of profit, dividend per share up 2 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $491.9M and $749.8M next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $442.1M to $837.8M. A statistical range, not company guidance. Against peers (38 filers, $50M+ revenue, its industry group): operating margin 8.0% against a 8.1% median; growth 29.7% against 2.4%.",
 "peers": {
  "sic": 3480,
  "sicDescription": "Ordnance & Accessories, (No Vehicles/Guided Missiles)",
  "calendarYear": 2025,
  "minRevenue": 50000000,
  "depth": 2,
  "group": "34",
  "growth": [
   0.0243,
   40
  ],
  "opMargin": [
   0.0809,
   38
  ],
  "equityRatio": [
   0.4846,
   39
  ],
  "returnOnEquity": [
   0.0852,
   34
  ],
  "payoutRatio": [
   0.2459,
   26
  ]
 },
 "summary": "National Presto Industries (NPK) grew revenue 29.7% in FY2025 to $504 million, operating margin 8.0%, in line with the 8.1% median for ordnance & accessories, (no vehicles/guided missiles), equity 78.9% of assets, and dividend per share up 2 years running. Every figure is from the company’s own annual report filed with the SEC.",
 "chart": "<figure class=\"cmp\"><figcaption>NATIONAL PRESTO INDUSTRIES INC against its own record and its peers</figcaption><svg viewBox=\"0 0 560 164\" width=\"100%\" role=\"img\" aria-label=\"Comparison chart\"><rect x=\"0\" y=\"0\" width=\"560\" height=\"164\" fill=\"none\"/><text x=\"0\" y=\"34\" font-size=\"11\" fill=\"#6f6450\">Operating margin</text><rect x=\"148\" y=\"25\" width=\"338\" height=\"10\" rx=\"5\" fill=\"#efe7d6\"/><line x1=\"260.66666666666663\" y1=\"21\" x2=\"260.66666666666663\" y2=\"39\" stroke=\"#cfc5ae\" stroke-width=\"1\"/><line x1=\"306.2403333333333\" y1=\"20\" x2=\"306.2403333333333\" y2=\"40\" stroke=\"#c9a84c\" stroke-width=\"2.5\"/><title>Peer median 8.1%</title><circle cx=\"305.6875527945705\" cy=\"30\" r=\"6\" fill=\"#0a2240\" stroke=\"#fff\" stroke-width=\"1.5\"/><text x=\"494\" y=\"34\" font-size=\"11\" font-weight=\"700\" fill=\"#0a2240\">8.0%</text><text x=\"0\" y=\"60\" font-size=\"11\" fill=\"#6f6450\">Revenue, on the year</text><rect x=\"148\" y=\"51\" width=\"338\" height=\"10\" rx=\"5\" fill=\"#efe7d6\"/><line x1=\"292.8571428571429\" y1=\"47\" x2=\"292.8571428571429\" y2=\"65\" stroke=\"#cfc5ae\" stroke-width=\"1\"/><line x1=\"304.5905714285714\" y1=\"46\" x2=\"304.5905714285714\" y2=\"66\" stroke=\"#c9a84c\" stroke-width=\"2.5\"/><title>Peer median 2.4%</title><circle cx=\"436.25611753917804\" cy=\"56\" r=\"6\" fill=\"#0a2240\" stroke=\"#fff\" stroke-width=\"1.5\"/><text x=\"494\" y=\"60\" font-size=\"11\" font-weight=\"700\" fill=\"#0a2240\">29.7%</text><text x=\"0\" y=\"86\" font-size=\"11\" fill=\"#6f6450\">Equity of assets</text><rect x=\"148\" y=\"77\" width=\"338\" height=\"10\" rx=\"5\" fill=\"#efe7d6\"/><line x1=\"311.7948\" y1=\"72\" x2=\"311.7948\" y2=\"92\" stroke=\"#c9a84c\" stroke-width=\"2.5\"/><title>Peer median 48.5%</title><circle cx=\"414.7223787717508\" cy=\"82\" r=\"6\" fill=\"#0a2240\" stroke=\"#fff\" stroke-width=\"1.5\"/><text x=\"494\" y=\"86\" font-size=\"11\" font-weight=\"700\" fill=\"#0a2240\">78.9%</text><text x=\"0\" y=\"112\" font-size=\"11\" fill=\"#6f6450\">Return on equity</text><rect x=\"148\" y=\"103\" width=\"338\" height=\"10\" rx=\"5\" fill=\"#efe7d6\"/><line x1=\"232.5\" y1=\"99\" x2=\"232.5\" y2=\"117\" stroke=\"#cfc5ae\" stroke-width=\"1\"/><line x1=\"268.497\" y1=\"98\" x2=\"268.497\" y2=\"118\" stroke=\"#c9a84c\" stroke-width=\"2.5\"/><title>Peer median 8.5%</title><circle cx=\"267.87522618851784\" cy=\"108\" r=\"6\" fill=\"#0a2240\" stroke=\"#fff\" stroke-width=\"1.5\"/><text x=\"494\" y=\"112\" font-size=\"11\" font-weight=\"700\" fill=\"#0a2240\">8.4%</text><text x=\"0\" y=\"138\" font-size=\"11\" fill=\"#6f6450\">Payout of profit</text><rect x=\"148\" y=\"129\" width=\"338\" height=\"10\" rx=\"5\" fill=\"#efe7d6\"/><line x1=\"217.26183333333336\" y1=\"124\" x2=\"217.26183333333336\" y2=\"144\" stroke=\"#c9a84c\" stroke-width=\"2.5\"/><title>Peer median 24.6%</title><circle cx=\"208.80471930036674\" cy=\"134\" r=\"6\" fill=\"#0a2240\" stroke=\"#fff\" stroke-width=\"1.5\"/><text x=\"494\" y=\"138\" font-size=\"11\" font-weight=\"700\" fill=\"#0a2240\">21.6%</text><text x=\"0\" y=\"162\" font-size=\"10\" fill=\"#8b8375\">Gold tick: the median of 26–39 peers with $50M+ revenue in ordnance &amp; accessories, (no vehicles/guided missiles)</text></svg></figure>",
 "chartHorizon": "<figure class=\"cmp horizon\"><figcaption>Handed back now, or kept to compound · of each dollar of profit</figcaption><svg viewBox=\"0 0 560 76\" width=\"100%\" role=\"img\" aria-label=\"Where the profit goes\"><rect x=\"0\" y=\"4\" width=\"560\" height=\"20\" rx=\"6\" fill=\"#efe7d6\"/><rect x=\"0\" y=\"4\" width=\"120.88985612380607\" height=\"20\" rx=\"6\" fill=\"#c9a84c\"/><rect x=\"120.88985612380607\" y=\"4\" width=\"439.11014387619394\" height=\"20\" rx=\"6\" fill=\"#0a2240\"/><text x=\"6\" y=\"18\" font-size=\"11\" font-weight=\"700\" fill=\"#2a2008\">21.6% paid out</text><text x=\"128.88985612380606\" y=\"18\" font-size=\"11\" font-weight=\"700\" fill=\"#f4efe3\">78.4% kept</text><text x=\"0\" y=\"46\" font-size=\"11\" fill=\"#6f6450\">Handed back per share</text><text x=\"250\" y=\"46\" font-size=\"11\" font-weight=\"700\" fill=\"#0a2240\">$8.25</text><text x=\"320\" y=\"46\" font-size=\"10.5\" fill=\"#8b8375\">up 2 years running</text><text x=\"0\" y=\"64\" font-size=\"11\" fill=\"#6f6450\">Growth its own profit can fund</text><text x=\"250\" y=\"64\" font-size=\"11\" font-weight=\"700\" fill=\"#0a2240\">6.6%</text><text x=\"320\" y=\"64\" font-size=\"10.5\" fill=\"#8b8375\">managed 29.7% last year</text></svg><p class=\"cmpnote\">Gold paid out, navy kept. Kept share × return on equity = the growth it can fund itself. Facts from the filings, not a recommendation.</p></figure>",
 "backtest": {
  "tests": 13,
  "hits": 11,
  "rate": 0.8461538461538461,
  "method": "v4",
  "byYear": {
   "2013": [
    1,
    1
   ],
   "2014": [
    1,
    1
   ],
   "2015": [
    1,
    1
   ],
   "2016": [
    1,
    1
   ],
   "2017": [
    1,
    1
   ],
   "2018": [
    1,
    1
   ],
   "2019": [
    1,
    1
   ],
   "2020": [
    0,
    1
   ],
   "2021": [
    1,
    1
   ],
   "2022": [
    1,
    1
   ],
   "2023": [
    1,
    1
   ],
   "2024": [
    1,
    1
   ],
   "2025": [
    0,
    1
   ]
  },
  "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample."
 },
 "registry": {
  "logged": "2026-09-27T19:15:56.692Z",
  "hash": "193a730cc94de94c",
  "status": "open"
 },
 "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.",
 "schema": "pops4.edgarette.card/1",
 "card": {
  "summary": "National Presto Industries (NPK) grew revenue 29.7% in FY2025 to $504 million, operating margin 8.0%, in line with the 8.1% median for ordnance & accessories, (no vehicles/guided missiles), equity 78.9% of assets, and dividend per share up 2 years running. Every figure is from the company’s own annual report filed with the SEC.",
  "exposure": {
   "fiscalYearEnd": "2025-12-31",
   "revenue": 503524000,
   "totalDebt": null,
   "cash": 3252000
  },
  "experience": {
   "revenueGrowth1y": 0.2969801250811379,
   "revenueGrowthPerYear": 0.09071321921785502,
   "operatingMargin": 0.07991873277142698,
   "operatingMarginPrior": 0.11645991530749972,
   "netMargin": 0.06570491178176215,
   "freeCashFlow": -36171000
  },
  "soundness": {
   "equityRatio": 0.7891194638217479,
   "returnOnEquity": 0.08372834600832627,
   "payoutRatio": 0.21587474307822513,
   "dividendPerShare": 8.25,
   "dividendYearsRising": 2,
   "dividendCut": false,
   "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown."
  },
  "peers": {
   "sic": 3480,
   "sicDescription": "Ordnance & Accessories, (No Vehicles/Guided Missiles)",
   "calendarYear": 2025,
   "minRevenue": 50000000,
   "depth": 2,
   "group": "34",
   "growth": [
    0.0243,
    40
   ],
   "opMargin": [
    0.0809,
    38
   ],
   "equityRatio": [
    0.4846,
    39
   ],
   "returnOnEquity": [
    0.0852,
    34
   ],
   "payoutRatio": [
    0.2459,
    26
   ]
  },
  "credibility": {
   "auditedYears": 5,
   "weight": "reasonable",
   "standard": "ASOP No. 25",
   "nonReliance": null,
   "auditorChange": null
  },
  "healthWatch": {
   "window": "last 12 months",
   "since": "2025-09-27",
   "signals": [
    {
     "code": "5.02",
     "label": "Director or officer change",
     "count": 2,
     "latest": {
      "filed": "2026-03-04",
      "url": "https://www.sec.gov/Archives/edgar/data/80172/000143774926006907/0001437749-26-006907-index.htm"
     }
    }
   ],
   "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt."
  },
  "range": {
   "low": 491884651.04725355,
   "high": 749818622.674313,
   "baseline": 618865573.4269806,
   "coverage": 0.8,
   "method": "v4.1",
   "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); width = the company's own volatility of yearly growth, credibility-weighted against its size class (Buhlmann), scaled to the 80% target on 2023 and tested on 2024",
   "calibratedOn": {
    "companyYears": 4309,
    "sizeBand": "$100M–1B",
    "fitYears": [
     2018,
     2022
    ],
    "tuneYear": 2023,
    "testYear": 2024,
    "coverageOnTestYear": 0.8341
   },
   "credibility": {
    "weightOnOwnRecord": 0.5,
    "growthYears": 4,
    "ownVolatility": 0.1504779830076765,
    "classVolatility": 0.1022985825903761,
    "pricedVolatility": 0.12866356005112436,
    "k": 3
   },
   "stress": {
    "low": 442123543.75990486,
    "high": 837791947.6338459,
    "basis": "the same range with widths set to hold 80% across 2018-2023, pandemic years included"
   },
   "kind": "a statistical range, not company guidance; no view on the share price",
   "track": {
    "backtest": {
     "tests": 13,
     "hits": 11,
     "rate": 0.8461538461538461,
     "method": "v4",
     "byYear": {
      "2013": [
       1,
       1
      ],
      "2014": [
       1,
       1
      ],
      "2015": [
       1,
       1
      ],
      "2016": [
       1,
       1
      ],
      "2017": [
       1,
       1
      ],
      "2018": [
       1,
       1
      ],
      "2019": [
       1,
       1
      ],
      "2020": [
       0,
       1
      ],
      "2021": [
       1,
       1
      ],
      "2022": [
       1,
       1
      ],
      "2023": [
       1,
       1
      ],
      "2024": [
       1,
       1
      ],
      "2025": [
       0,
       1
      ]
     },
     "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample."
    },
    "registry": {
     "logged": "2026-09-27T19:15:56.692Z",
     "hash": "193a730cc94de94c",
     "status": "open"
    },
    "scorecard": "https://www.pops4.com/boards/scorecard"
   }
  },
  "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.",
  "sources": {
   "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000080172.json",
   "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=80172"
  },
  "speedCash": {
   "fiscalYear": 2025,
   "cashConversion": -0.0181,
   "growth3y": 0.1612,
   "volatility": 0.1505,
   "paysDividend": true,
   "raisedDividend": false,
   "equityRatio": 0.7891,
   "quadrant": {
    "code": "fj",
    "label": "Fast and jumpy",
    "plain": "growing faster than its size class, with revenue that swings more"
   },
   "compass": {
    "code": "notyet",
    "inside": "Turns -1.8% of revenue into operating cash; revenue growing 16.1% a year over three years; pays a dividend.",
    "outside": "Among $100M-1B companies: 21st percentile for cash, 72nd for growth.",
    "emoji": "⚡",
    "label": "Fast, cash not yet",
    "plain": "growing fast, but little cash arriving so far"
   },
   "band": "$100M-1B",
   "cashPctInClass": 21,
   "growthPctInClass": 72,
   "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class"
  },
  "harbor": {
   "signs": [
    {
     "key": "cash",
     "text": "operating cash flow was negative"
    }
   ],
   "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.",
   "level": 1,
   "name": "Sound ship",
   "plain": "one warning sign"
  },
  "cashFlow": {
   "fiscalYearEnd": "2025-12-31",
   "operating": -9137000,
   "investing": -21876000,
   "financing": 16602000,
   "capitalSpending": 27034000,
   "free": -36171000,
   "trend": [
    {
     "fiscalYearEnd": "2021-12-31",
     "operating": 34688000,
     "free": 31822000
    },
    {
     "fiscalYearEnd": "2022-12-31",
     "operating": 8768000,
     "free": 7738000
    },
    {
     "fiscalYearEnd": "2023-12-31",
     "operating": 45389000,
     "free": 43549000
    },
    {
     "fiscalYearEnd": "2024-12-31",
     "operating": -53426000,
     "free": -60957000
    },
    {
     "fiscalYearEnd": "2025-12-31",
     "operating": -9137000,
     "free": -36171000
    }
   ],
   "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)."
  },
  "investments": {
   "fiscalYearEnd": "2025-12-31",
   "cash": 3252000,
   "shortTerm": 503000,
   "longTerm": 496000,
   "equityHoldings": null,
   "totalAssets": 500729000,
   "ladder": {
    "within1y": null,
    "y1to5": 496000,
    "y5to10": null,
    "y10plus": null,
    "noSingleDate": null
   },
   "currentRatio": 4.24,
   "unrealizedGain": 7000,
   "unrealizedLoss": 0,
   "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here."
  }
 },
 "definitions": {
  "operatingMargin": "Operating income divided by revenue.",
  "netMargin": "Net income divided by revenue.",
  "freeCashFlow": "Cash from operations minus spending on property and equipment.",
  "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.",
  "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.",
  "returnOnEquity": "Net income for the year against shareholders equity at year end.",
  "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.",
  "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.",
  "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.",
  "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.",
  "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.",
  "backtest": "The same range method applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so.",
  "healthWatch": "Distress-type events the company filed in the last 12 months (late-filing notices; 8-K items 1.03, 3.01, 2.04, 4.02, 4.01, 2.05, 2.06, 1.05, 5.02), each with its count and newest filing. Display only: they do not change the range or its receipt."
 },
 "speedCash": {
  "fiscalYear": 2025,
  "cashConversion": -0.0181,
  "growth3y": 0.1612,
  "volatility": 0.1505,
  "paysDividend": true,
  "raisedDividend": false,
  "equityRatio": 0.7891,
  "quadrant": {
   "code": "fj",
   "label": "Fast and jumpy",
   "plain": "growing faster than its size class, with revenue that swings more"
  },
  "compass": {
   "code": "notyet",
   "inside": "Turns -1.8% of revenue into operating cash; revenue growing 16.1% a year over three years; pays a dividend.",
   "outside": "Among $100M-1B companies: 21st percentile for cash, 72nd for growth.",
   "emoji": "⚡",
   "label": "Fast, cash not yet",
   "plain": "growing fast, but little cash arriving so far"
  },
  "band": "$100M-1B",
  "cashPctInClass": 21,
  "growthPctInClass": 72,
  "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class"
 },
 "harbor": {
  "signs": [
   {
    "key": "cash",
    "text": "operating cash flow was negative"
   }
  ],
  "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.",
  "level": 1,
  "name": "Sound ship",
  "plain": "one warning sign"
 },
 "cashFlow": {
  "fiscalYearEnd": "2025-12-31",
  "operating": -9137000,
  "investing": -21876000,
  "financing": 16602000,
  "capitalSpending": 27034000,
  "free": -36171000,
  "trend": [
   {
    "fiscalYearEnd": "2021-12-31",
    "operating": 34688000,
    "free": 31822000
   },
   {
    "fiscalYearEnd": "2022-12-31",
    "operating": 8768000,
    "free": 7738000
   },
   {
    "fiscalYearEnd": "2023-12-31",
    "operating": 45389000,
    "free": 43549000
   },
   {
    "fiscalYearEnd": "2024-12-31",
    "operating": -53426000,
    "free": -60957000
   },
   {
    "fiscalYearEnd": "2025-12-31",
    "operating": -9137000,
    "free": -36171000
   }
  ],
  "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)."
 },
 "investments": {
  "fiscalYearEnd": "2025-12-31",
  "cash": 3252000,
  "shortTerm": 503000,
  "longTerm": 496000,
  "equityHoldings": null,
  "totalAssets": 500729000,
  "ladder": {
   "within1y": null,
   "y1to5": 496000,
   "y5to10": null,
   "y10plus": null,
   "noSingleDate": null
  },
  "currentRatio": 4.24,
  "unrealizedGain": 7000,
  "unrealizedLoss": 0,
  "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here."
 }
}