Our Bond, Inc.

OBAIdata completeness 100%2 fiscal years on file
i. The business — what you’d actually own
FigureFY 2024FY 2025
Revenue$9.74M1$9.97M1
Net income−$11M2−$10.5M2
Operating cash flow−$8.16M3−$6.92M3
Capital expenditure$62,0004$34,0004
Free cash flow (derived)−$8.22M3−$6.96M3
Total debt$12.8M5$7.21M5
Cash & equivalents$726,0006$599,0006
Diluted shares2,9384,969

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).

ii. Your slice — ownership made literal
If you owned
shares
Net assets behind them
−$45,608.77
your share of equity
Profit it earned you last year
−$21,229.62
Free cash flow it threw off
−$13,998.79
Debt you’d be carrying
$14,513.99

10 shares is a claim on −$45,608.77 of net worth that earned you −$21,229.62 and generated −$13,998.79 of cash last year, against $14,513.99 of debt.

iii. Is this a good business?
Moat signal · return on equity
avg · 2y

Not enough data in the filings for a return-on-capital reading.

seeing a moat in the numbers →
Management signal · capital allocation
+69% shares · 2y

Share count is up 69% over 2 years — owners have been diluted. Worth asking what they got for it. Total debt has fallen 44% — deleveraging.

reading capital allocation →

Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.

iv. What it’s worth — engine v0.1.0
DCF · Growth Exit 10Y
not applicable
only 2 years of FCF (need ≥3) — model not applicable
DCF · Growth Exit 5Y
not applicable
only 2 years of FCF (need ≥3) — model not applicable
Earnings Power Value
not applicable
only 2 years of net income (need ≥3)
Graham Number
not applicable
diluted EPS missing or non-positive — Graham Number undefined

Different models answer different questions — which to trust when →

Sources — the receipts
  1. 10-K · period ending 2024-12-31 · accession 0001493152-26-014133 (RevenueFromContractWithCustomerExcludingAssessedTax)
  2. 10-K · period ending 2024-12-31 · accession 0001493152-26-014133 (NetIncomeLoss)
  3. 10-K · period ending 2024-12-31 · accession 0001493152-26-014133 (NetCashProvidedByUsedInOperatingActivities)
  4. 10-K · period ending 2024-12-31 · accession 0001493152-26-014133 (PaymentsToAcquirePropertyPlantAndEquipment)
  5. 10-K · period ending 2024-12-31 · accession 0001493152-26-014133 (LongTermDebtNoncurrent)
  6. 10-K · period ending 2024-12-31 · accession 0001493152-26-014133 (CashAndCashEquivalentsAtCarryingValue)