HFFG HF Foods Group Inc. - Common Stock
$1.91
Price · Aug 18, 2026
Fundamentals as of Aug 10, 2026
52W Range
$1–$4
22% of range
Analyst Rating
BUY
8 analysts
Price Target
$6
+197% upside
P/E (TTM)
-2.6
ROE
-17.6%
Net Profit Margin
-3.2%
HFFG Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$1.91
Market Cap
$101M
P/E (TTM)
-2.6
EPS (TTM)
$-0.73
Revenue (TTM)
$1.23B
Div Yield
—
ROE
-17.6%
Debt/Equity
0.5
52W Range
$1 – $4
HFFG Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
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10-Year Performance Revenue, net income, margins and EPS trends
Revenue & Net Income
$1.23B
2020-12-31
→
2025-12-31
EPS
$-0.73
2020-12-31
→
2025-12-31
Free Cash Flow
$7M
2020-12-31
→
2025-12-31
Margins
-3.2%
2020-12-31
→
2025-12-31
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
HFFG
Peer Median
P/E (TTM)
-2.6
32.5
P/S (TTM)
0.1
0.3
P/B
0.5
3.0
EV / EBITDA
-43.0
—
Price / FCF
15.4
—
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
HFFG
Peer Median
Gross Margin
16.9%
16.7%
Operating Margin
-2.7%
—
Net Profit Margin
-3.2%
1.2%
ROA
-7.1%
3.6%
ROE
-17.6%
10.2%
ROIC
-9.3%
—
Financial Health Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
HFFG
Peer Median
Debt / Equity
0.5
—
Current Ratio
1.2
1.3
Quick Ratio
0.1
—
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
HFFG
Peer Median
Revenue YoY
2.2%
—
Revenue CAGR 3Y
1.6%
—
Revenue CAGR 5Y
16.7%
—
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
HFFG
Peer Median
HFFG Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
BUY
8 analysts
- Strong Buy 2 25.0%
- Buy 5 62.5%
- Hold 1 12.5%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
3 analysts · 2026-08-19
Median
$6.00
Mean
$5.67
← Below all targets
$1.91
Low
$5.00
High
$6.00
Median target
$6.00
+214.1%
Mean target
$5.67
+196.7%
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
0.03%
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $0.12 | $0.02 | 0.10% |
| March 31, 2026 | $0.06 | $0.02 | 0.04% |
| Dec. 31, 2025 | $0.05 | $0.08 | -0.03% |
| Sept. 30, 2025 | $0.08 | $0.04 | 0.04% |
| June 30, 2025 | $0.12 | $0.05 | 0.07% |
| March 31, 2025 | $0.07 | $0.13 | -0.06% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| HFFG | $114M | -2.9 | 2.2% | -3.2% | -17.6% | 16.9% |
| UNFI | $1.64B | -13.9 | 2.6% | -0.37% | -7.4% | 13.3% |
| ANDE | — | 32.6 | -2.2% | 0.87% | 7.3% | 6.5% |
| SYY | $57.40B | 20.1 | 3.2% | 2.2% | 95.1% | 18.4% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 16
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.23B | $1.20B | $1.15B | $1.17B | $797M | $567M | $388M | $291M | $296M | |
| Cost of Revenue | $1.02B | $996M | $944M | $965M | $645M | $466M | $324M | $241M | $252M | |
| Gross Profit | $208M | $205M | $204M | $206M | $152M | $101M | $64M | $50M | $44M | |
| SG&A Expense | $202M | $198M | $195M | $195M | $122M | $106M | $56M | $41M | $33M | |
| Operating Income | $-33M | $-39M | $9M | $11M | $29M | $-344M | $8M | $9M | $11M | |
| Interest Expense | · | · | $11M | $7M | $4M | $4M | $2M | · | · | |
| Interest Income | · | · | · | · | · | $529 | $418.5K | $493.4K | $21.1K | |
| Other Non-op | $1M | $-3M | $1M | $2M | $508.0K | $1M | $1M | $671.4K | $-308.8K | |
| Pretax Income | $-45M | $-46M | $-3M | $4.0K | $27M | $-348M | $8M | $9M | $11M | |
| Income Tax | $-6M | $2M | $41.0K | $-231.0K | $5M | $-5M | $2M | $2M | $623.3K | |
| Net Income | $-39M | $-49M | $-2M | $460.0K | $22M | $-344M | $5M | $6M | $10M | |
| EPS (Basic) | $-0.73 | $-0.92 | $-0.04 | $0.01 | $0.43 | $-6.59 | $0.18 | · | · | |
| EPS (Diluted) | $-0.73 | $-0.92 | $-0.04 | $0.01 | $0.43 | $-6.59 | $0.18 | · | · | |
| Shares (Basic) | 52,946,655 | 52,552,490 | 53,878,237 | 53,757,162 | 51,918,323 | 52,095,585 | 27,113,288 | · | · | |
| Shares (Diluted) | 52,946,655 | 52,552,490 | 53,878,237 | 53,863,448 | 52,091,822 | 52,095,585 | 27,113,288 | · | · | |
| EBITDA | $-5M | $-12M | $35M | $35M | $49M | $12M | $15M | $11M | · |
Balance Sheet 29
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $9M | $14M | $15M | $24M | $15M | $10M | $15M | $5M | $6M | |
| Receivables | · | · | · | $44M | $36M | $25M | $50M | $14M | $15M | |
| Inventory | $107M | $98M | $106M | $120M | $103M | $59M | $78M | $22M | $23M | |
| Prepaid Expense | $10M | $12M | $10M | $9M | $6M | · | · | · | $49.6K | |
| Other Current Assets | $3M | $1M | $2M | $3M | $6M | $5M | $4M | $1M | $554.9K | |
| Current Assets | $194M | $178M | $179M | $198M | $160M | $99M | $151M | $59M | $50M | |
| PP&E (Net) | · | · | · | · | · | · | $38M | $23M | $22M | |
| PP&E (Gross) | · | · | · | · | · | · | $66M | $41M | $38M | |
| Accum. Depreciation | · | · | · | · | · | · | $29M | $18M | $16M | |
| Goodwill | $0 | $39M | $85M | $85M | $80M | $69M | $407M | · | · | |
| Intangibles | $151M | $162M | $178M | $194M | $195M | $176M | $187M | · | · | |
| Other Non-current Assets | $4M | $6M | $7M | $3M | $2M | $694.0K | $372.5K | $242.4K | $1M | |
| Total Assets | $542M | $550M | $597M | $638M | $597M | $491M | $803M | $82M | $81M | |
| Accounts Payable | · | · | · | $56M | $58M | $27M | $40M | $17M | $17M | |
| Accrued Liabilities | $15M | $18M | $17M | $20M | $12M | $9M | $3M | $2M | $991.4K | |
| Current Liabilities | $165M | $145M | $143M | $164M | $155M | $80M | $110M | $34M | $39M | |
| Capital Leases | $23M | $10M | $9M | $11M | $9M | $996.0K | $13M | · | $118.5K | |
| Deferred Tax | $24M | $29M | $29M | $34M | $39M | $46M | $52M | $1M | $436.2K | |
| Other Non-current Liabilities | $2M | $728.0K | $7M | $5M | · | · | · | · | · | |
| Total Liabilities | $338M | $309M | $309M | $341M | $302M | $227M | $195M | $48M | $54M | |
| Long-term Debt | $106M | $109M | $114M | $122M | $87M | $94M | $21M | $15M | $16M | |
| Total Debt | $106M | $109M | $114M | $122M | · | $94M | $21M | $15M | · | |
| Common Stock | $5.0K | $5.0K | $5.0K | $5.0K | $5.0K | $5.0K | $5.3K | $2.2K | $2.0K | |
| Paid-in Capital | $606M | $604M | $603M | $598M | $597M | $588M | $600M | $23M | $22M | |
| Retained Earnings | $-396M | $-357M | $-309M | $-307M | $-306M | $-328M | $16M | $10M | $4M | |
| Treasury Stock | $8M | $8M | $8M | $0 | · | $0 | $12M | · | · | |
| Stockholders' Equity | $202M | $239M | $287M | $292M | $291M | $259M | $603M | $33M | $26M | |
| Liabilities + Equity | $542M | $550M | $597M | $638M | $597M | $491M | $803M | $82M | $81M | |
| Shares Outstanding | 53,043,832 | 52,737,650 | 52,155,968 | 53,813,777 | 53,706,392 | 51,913,411 | 52,145,096 | 22,167,486 | 19,969,831 |
Cash Flow 15
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $28M | $27M | $26M | $25M | $19M | $19M | $5M | $2M | $2M | |
| Stock-based Comp | $2M | $2M | $3M | $1M | $635.0K | $0 | $0 | · | · | |
| Deferred Tax | $-6M | $364.0K | $-5M | $-5M | $-7M | $-6M | $-251.0K | $641.9K | $-125.9K | |
| Amort. of Intangibles | $16M | $16M | $16M | $16M | $11M | $11M | $2M | $0 | · | |
| Other Non-cash | $40M | $42M | $-6M | $10M | $-18M | $375M | $-7M | $3M | · | |
| Operating Cash Flow | $25M | $23M | $-2M | $35M | $18M | $46M | $5M | $12M | $15M | |
| CapEx | $19M | $13M | $4M | $6M | $2M | $664.0K | $5M | $3M | $2M | |
| Investing Cash Flow | $-20M | $-13M | $-2M | $-51M | $-41M | $-94M | $3M | $-6M | $-5M | |
| Debt Issued | $4M | $0 | $0 | $46M | $0 | $76M | $8M | $2M | $3M | |
| Net Debt Issued | $-3M | $-5M | $-8M | $35M | $-7M | $69M | $2M | $-1M | · | |
| Financing Cash Flow | $-11M | $-11M | $-6M | $25M | $29M | $44M | $1M | $-6M | $-10M | |
| Net Change in Cash | $-6M | $-765.0K | $-9M | $9M | $5M | $-5M | $9M | $-596.6K | $129.9K | |
| Taxes Paid | $358.0K | · | · | · | · | · | · | $2M | $288.9K | |
| Free Cash Flow | $7M | $10M | $12M | $25M | $15M | $43M | $-169.4K | $9M | · | |
| Levered FCF | · | · | $632.5K | $-413M | $12M | · | · | · | · |
Profitability 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 16.9% | 17.1% | 17.8% | 17.6% | 19.0% | 17.7% | 16.3% | 17.0% | · | |
| Operating Margin | -2.7% | -3.3% | 0.78% | 0.90% | 3.7% | -1.0% | 2.1% | 2.9% | · | |
| Net Margin | -3.2% | -4.0% | -0.19% | 0.04% | 2.8% | -60.5% | 1.4% | 2.2% | · | |
| Pretax Margin | -3.7% | -3.8% | -0.23% | 0.00% | 3.4% | -61.3% | 2.1% | 3.0% | · | |
| EBITDA Margin | -0.38% | -1.0% | 3.0% | 3.0% | 6.1% | 2.1% | 3.9% | 3.7% | · | |
| ROA | -7.1% | -8.5% | -0.35% | 0.07% | · | -70.0% | 1.2% | 7.7% | 0.24% | |
| ROE | -17.6% | -18.4% | -0.75% | 0.16% | · | -132.4% | 1.7% | 21.2% | 2.2% | |
| ROIC | -9.3% | -11.7% | 2.3% | 150.0% | · | -1.6% | 0.97% | 12.8% | · |
Liquidity & Solvency 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.2 | 1.2 | 1.2 | 1.2 | · | 1.3 | 1.4 | 1.8 | 16.3 | |
| Quick Ratio | 0.1 | 0.1 | 0.1 | 0.4 | · | 0.4 | 0.6 | 0.6 | 15.0 | |
| Debt / Equity | 0.5 | 0.5 | 0.4 | 0.4 | · | 0.4 | 0.0 | 0.4 | · | |
| LT Debt / Equity | 0.5 | 0.4 | 0.4 | 0.4 | · | 0.3 | 0.0 | 0.4 | · | |
| Interest Coverage | · | · | 0.8 | 1.4 | 7.2 | · | · | · | · |
Efficiency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 2.3 | 2.1 | 1.9 | 1.9 | · | 1.2 | 0.9 | 3.6 | · | |
| Inventory Turnover | 10.0 | 9.8 | 8.4 | 8.7 | · | 6.9 | 6.5 | 10.8 | · | |
| Receivables Turnover | · | · | · | 29.1 | · | 15.1 | 12.0 | 20.2 | · |
Growth Rates 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 2.2% | 4.6% | -1.9% | 46.9% | 40.6% | · | · | · | · | |
| Revenue CAGR 3Y | 1.6% | 14.7% | 26.5% | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 16.7% | · | · | · | · | · | · | · | · | |
| EPS YoY | · | · | · | -97.7% | · | · | · | · | · | |
| Net Income YoY | · | · | · | -97.9% | · | · | · | · | · |
Valuation (TTM) 14
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.23B | $1.20B | $1.15B | $1.17B | $797M | $567M | $388M | $291M | $296M | |
| Net Income TTM | $-39M | $-49M | $-2M | $460.0K | $22M | $-344M | $5M | $6M | $10M | |
| Market Cap | $114M | $169M | $279M | $218M | · | $390M | $1.02B | $295M | $20M | |
| Enterprise Value | $212M | $264M | $377M | $316M | · | $474M | $1.02B | $304M | · | |
| P/E | -2.9 | -3.5 | -133.5 | 406.0 | 19.7 | -1.1 | 108.3 | · | · | |
| P/S | 0.1 | 0.1 | 0.2 | 0.2 | · | 0.7 | 2.6 | 1.0 | 0.1 | |
| P/B | 0.6 | 0.7 | 1.0 | 0.7 | · | 1.5 | 1.7 | 8.8 | 3.9 | |
| P / Tangible Book | 2.3 | 4.3 | 11.7 | 17.3 | · | 26.3 | · | · | · | |
| P / Cash Flow | 4.5 | 7.5 | 17.6 | 7.0 | · | 8.8 | 217.9 | 24.7 | -139.1 | |
| P / FCF | 17.4 | 16.8 | 22.7 | 8.7 | · | 9.0 | -6002.5 | 33.2 | · | |
| EV / EBITDA | -45.8 | -21.2 | 10.8 | 8.9 | · | 39.4 | 68.1 | 28.5 | · | |
| EV / FCF | 32.2 | 26.1 | 30.7 | 12.6 | · | 10.9 | -6042.2 | 34.2 | · | |
| EV / Revenue | 0.2 | 0.2 | 0.3 | 0.3 | · | 0.8 | 2.6 | 1.0 | · | |
| Earnings Yield | -34.0% | -28.7% | -0.75% | 0.25% | 5.1% | -87.6% | 0.92% | · | · |
Income Statement 15
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $324M | $312M | $308M | $307M | $315M | $298M | $305M | $298M | $302M | $296M | $281M | $281M | $292M | $294M | $292M | $301M | |
| Cost of Revenue | $269M | $261M | $257M | $257M | $260M | $247M | $253M | $248M | $250M | $245M | $229M | $231M | $242M | $244M | $241M | $249M | |
| Gross Profit | $55M | $51M | $51M | $50M | $55M | $51M | $52M | $50M | $52M | $50M | $52M | $51M | $51M | $50M | $51M | $51M | |
| SG&A Expense | $52M | $49M | $52M | $49M | $51M | $50M | $48M | $50M | $50M | $50M | $41M | $49M | $52M | $53M | $54M | $55M | |
| Operating Income | $3M | $1M | $-39M | $1M | $4M | $1M | $-42M | $511.0K | $3M | $-85.0K | $11M | $2M | $-2M | $-3M | $-3M | $-3M | |
| Interest Expense | · | · | · | · | · | · | · | · | · | $3M | · | $3M | $3M | $3M | · | $2M | |
| Other Non-op | $2M | $2M | $232.0K | $234.0K | $414.0K | $177.0K | $222.0K | $332.0K | $-3M | $94.0K | $246.0K | $490.0K | $127.0K | $228.0K | $428.0K | $462.0K | |
| Pretax Income | $3M | $959.0K | $-42M | $-2M | $1M | $-2M | $-42M | $-5M | $2M | $-740.0K | $5M | $2M | $-1M | $-8M | $-5M | $-5M | |
| Income Tax | $218.0K | $-397.0K | $-5M | $-760.0K | $521.0K | $-932.0K | $2M | $-1M | $2M | $-181.0K | $2M | $-36.0K | $209.0K | $-2M | $-2M | $-672.0K | |
| Net Income | $3M | $1M | $-37M | $-1M | $1M | $-2M | $-44M | $-4M | $17.0K | $-694.0K | $3M | $2M | $-850.0K | $-6M | $-3M | $-4M | |
| EPS (Basic) | $0.05 | $0.02 | $-0.70 | $-0.02 | $0.02 | $-0.03 | $-0.84 | $-0.07 | $0.00 | $-0.01 | $0.06 | $0.03 | $-0.02 | $-0.11 | $-0.06 | $-0.07 | |
| EPS (Diluted) | $0.05 | $0.02 | $-0.70 | $-0.02 | $0.02 | $-0.03 | $-0.84 | $-0.07 | $0.00 | $-0.01 | $0.06 | $0.03 | $-0.02 | $-0.11 | $-0.06 | $-0.07 | |
| Shares (Basic) | 53,429,826 | 53,053,610 | -105,791,833 | 53,031,801 | 52,969,037 | 52,737,650 | -104,915,876 | 52,726,683 | 52,585,715 | 52,155,968 | -108,133,281 | 54,142,396 | 54,046,328 | 53,822,794 | -107,453,753 | 53,798,131 | |
| Shares (Diluted) | 53,890,411 | 53,933,051 | -106,237,511 | 53,031,801 | 53,414,715 | 52,737,650 | -104,991,280 | 52,726,683 | 52,661,119 | 52,155,968 | -108,504,199 | 54,513,314 | 54,046,328 | 53,822,794 | -107,720,076 | 53,798,131 | |
| EBITDA | · | $9M | · | $1M | $4M | $8M | · | $511.0K | $3M | $7M | · | $2M | $-2M | $4M | · | $-3M |
Balance Sheet 26
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $18M | $11M | $9M | $12M | $16M | $16M | $14M | $11M | $14M | $18M | $15M | $14M | $15M | $17M | · | $18M | |
| Receivables | · | · | · | · | · | · | · | · | · | · | · | · | · | $43M | · | $44M | |
| Inventory | $115M | $107M | $107M | $135M | $127M | $106M | $98M | $120M | $119M | $108M | $106M | $116M | $111M | $110M | · | $133M | |
| Prepaid Expense | $7M | $6M | $10M | $6M | $7M | $8M | $12M | $10M | $9M | $9M | $10M | $24M | $12M | $8M | · | · | |
| Other Current Assets | $4M | $3M | $3M | $414.0K | $1M | $1M | $1M | $2M | $791.0K | $1M | $2M | $5M | · | · | · | $10M | |
| Current Assets | $205M | $192M | $194M | $208M | $202M | $188M | $178M | $193M | $194M | $185M | $179M | $197M | $185M | $179M | · | $205M | |
| Goodwill | · | · | $0 | $39M | $39M | $39M | $39M | $85M | $85M | $85M | $85M | $85M | $85M | $85M | $85M | $85M | |
| Intangibles | $144M | $148M | $151M | $155M | $159M | $158M | $162M | $166M | $170M | $174M | $178M | $182M | $186M | $190M | · | $198M | |
| Other Non-current Assets | $4M | $4M | $4M | $5M | $5M | $5M | $6M | $6M | $7M | $7M | $7M | $8M | $5M | $4M | · | $3M | |
| Total Assets | $557M | $546M | $542M | $595M | $594M | $582M | $550M | $613M | $617M | $603M | $597M | $623M | $612M | $613M | · | $651M | |
| Accounts Payable | · | · | · | · | · | · | · | · | · | · | · | · | · | $58M | · | $49M | |
| Accrued Liabilities | $16M | $14M | $15M | $15M | $18M | $16M | $18M | $20M | $16M | $17M | $17M | $17M | $20M | $16M | · | $16M | |
| Current Liabilities | $184M | $172M | $165M | $175M | $170M | $158M | $145M | $163M | $164M | $151M | $143M | $162M | $150M | $145M | · | $169M | |
| Capital Leases | $23M | $24M | $23M | $24M | $25M | $26M | $10M | $11M | $12M | $8M | $9M | $9M | $9M | $10M | · | $12M | |
| Deferred Tax | $22M | $24M | $24M | $27M | $27M | $28M | $29M | $28M | $28M | $29M | $29M | $32M | $33M | $33M | · | $36M | |
| Other Non-current Liabilities | $246.0K | $863.0K | $2M | $2M | $2M | $2M | $728.0K | $3M | $160.0K | $5M | $7M | $5M | $5M | $8M | · | · | |
| Total Liabilities | $349M | $341M | $338M | $354M | $352M | $342M | $309M | $327M | $328M | $315M | $309M | $330M | $321M | $322M | · | $351M | |
| Long-term Debt | $101M | $101M | $106M | $107M | $106M | $107M | $109M | $110M | $111M | $113M | $114M | $117M | $119M | $120M | · | $123M | |
| Total Debt | · | $101M | · | $107M | $106M | $107M | · | $110M | $111M | $113M | · | · | $119M | $120M | · | $123M | |
| Common Stock | $5.0K | $5.0K | $5.0K | $5.0K | $5.0K | $5.0K | $5.0K | $5.0K | $5.0K | $5.0K | $5.0K | $5.0K | $5.0K | $5.0K | · | $5.0K | |
| Paid-in Capital | $605M | $606M | $606M | $606M | $605M | $605M | $604M | $604M | $603M | $604M | $603M | $601M | $600M | $599M | · | $598M | |
| Retained Earnings | $-392M | $-395M | $-396M | $-359M | $-358M | $-359M | $-357M | $-313M | $-309M | $-309M | $-309M | $-311M | $-313M | $-312M | · | $-302M | |
| Treasury Stock | $6M | $8M | $8M | $8M | $8M | $8M | $8M | $8M | $8M | $8M | $8M | · | · | · | · | · | |
| Stockholders' Equity | $207M | $204M | $202M | $239M | $240M | $238M | $239M | $283M | $286M | $287M | $287M | $289M | $287M | $287M | · | $295M | |
| Liabilities + Equity | $557M | $546M | $542M | $595M | $594M | $582M | $550M | $613M | $617M | $603M | $597M | $623M | $612M | $613M | · | $651M | |
| Shares Outstanding | 53,900,945 | 53,198,832 | 53,043,832 | 53,043,832 | 53,014,705 | 52,737,650 | 52,737,650 | 52,737,162 | 52,670,746 | 52,155,968 | 52,155,968 | 54,152,903 | 54,086,164 | 53,844,492 | · | · |
Cash Flow 15
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $7M | $8M | $7M | $7M | $7M | $7M | $7M | $7M | $7M | $7M | $6M | $6M | $6M | $7M | $7M | $6M | |
| Stock-based Comp | $587.0K | $305.0K | $141.0K | $619.0K | $625.0K | $374.0K | $127.0K | $701.0K | $522.0K | $738.0K | $747.0K | $757.0K | $752.0K | $1M | $584.0K | $162.0K | |
| Deferred Tax | $-2M | $-133.0K | $-3M | $-889.0K | $-883.0K | $-1M | $2M | $-351.0K | $-353.0K | $-471.0K | $-3M | $-1M | $0 | $-1M | $-2M | $-717.0K | |
| Amort. of Intangibles | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | |
| Other Non-cash | · | $6M | · | · | · | $3M | · | · | · | $806.0K | · | · | · | $12M | · | · | |
| Operating Cash Flow | $-1M | $15M | $21M | $-6M | $4M | $7M | $18M | $4M | $-5M | $11M | $-22M | $12M | $-4M | $13M | $28M | $-7M | |
| CapEx | $5M | $15M | $9M | $3M | $3M | $4M | $3M | $3M | $4M | $3M | $19.0K | $2M | $893.0K | $629.0K | $542.0K | $2M | |
| Investing Cash Flow | $-5M | $-11M | $-11M | $-3M | $-3M | $-4M | $-3M | $-3M | $-4M | $-3M | $1M | $-1M | $-893.0K | $-629.0K | $-552.0K | $-2M | |
| Debt Issued | $1M | $19.0K | $925.0K | $3M | $0 | $0 | $0 | · | · | · | $0 | $0 | · | · | $0 | $4.0K | |
| Net Debt Issued | · | $-5M | · | · | · | $-1M | · | · | · | $-1M | · | · | · | $-2M | · | · | |
| Financing Cash Flow | $13M | $-2M | $-14M | $6M | $-941.0K | $-2M | $-12M | $-4M | $5M | $-6M | $22M | $-11M | $2M | $-19M | $-21M | $7M | |
| Net Change in Cash | $7M | $2M | $-4M | $-3M | $-449.0K | $2M | $3M | $-3M | $-4M | $3M | $932.0K | $-646.0K | $-3M | $-7M | $6M | $-1M | |
| Taxes Paid | $44.0K | $225.0K | · | · | $202.0K | $-91.0K | · | · | · | · | · | · | · | · | · | $-167.0K | |
| Free Cash Flow | · | $-45.0K | · | · | · | $3M | · | · | · | $4M | · | · | · | $12M | · | · | |
| Levered FCF | · | · | · | · | · | · | · | · | · | $2M | · | · | · | $10M | · | · |
Profitability 8
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | · | 16.2% | · | 16.4% | 17.5% | 17.1% | · | 16.8% | 17.3% | 17.1% | · | 18.1% | 17.3% | 17.1% | · | 17.1% | |
| Operating Margin | · | 0.33% | · | 0.36% | 1.3% | 0.39% | · | 0.17% | 0.87% | -0.03% | · | 0.74% | -0.54% | -0.94% | · | -1.0% | |
| Net Margin | · | 0.39% | · | -0.36% | 0.39% | -0.55% | · | -1.3% | 0.01% | -0.23% | · | 0.67% | -0.29% | -2.0% | · | -1.3% | |
| Pretax Margin | · | 0.31% | · | -0.53% | 0.33% | -0.82% | · | -1.7% | 0.61% | -0.25% | · | 0.69% | -0.46% | -2.7% | · | -1.5% | |
| EBITDA Margin | · | 2.7% | · | 0.36% | 1.3% | 2.6% | · | 0.17% | 0.87% | 2.2% | · | 0.74% | -0.54% | 1.3% | · | -1.0% | |
| ROA | · | 0.22% | · | -0.18% | 0.20% | -0.28% | · | -0.62% | 0.00% | -0.11% | · | · | -0.13% | -0.96% | · | -0.66% | |
| ROE | · | 0.55% | · | -0.43% | 0.46% | -0.63% | · | -1.4% | 0.01% | -0.24% | · | · | -0.29% | -2.0% | · | -1.4% | |
| ROIC | · | 0.48% | · | 0.17% | 0.59% | 0.21% | · | 0.10% | 0.08% | -0.02% | · | · | -0.45% | -0.49% | · | -0.63% |
Liquidity & Solvency 5
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | · | 1.1 | · | 1.2 | 1.2 | 1.2 | · | 1.2 | 1.2 | 1.2 | · | · | 1.2 | 1.2 | · | 1.2 | |
| Quick Ratio | · | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | · | 0.1 | 0.4 | · | 0.4 | |
| Debt / Equity | · | 0.5 | · | 0.4 | 0.4 | 0.5 | · | 0.4 | 0.4 | 0.4 | · | · | 0.4 | 0.4 | · | 0.4 | |
| LT Debt / Equity | · | 0.5 | · | 0.4 | 0.4 | 0.4 | · | 0.4 | 0.4 | 0.4 | · | · | 0.4 | 0.4 | · | 0.4 | |
| Interest Coverage | · | · | · | · | · | · | · | · | · | -0.0 | · | 0.8 | -0.6 | -1.0 | · | -1.4 |
Efficiency 3
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | · | 0.6 | · | 0.5 | 0.5 | 0.5 | · | 0.5 | 0.5 | 0.5 | · | · | 0.5 | 0.5 | · | 0.5 | |
| Inventory Turnover | · | 2.5 | · | 2.0 | 2.1 | 2.3 | · | 2.0 | 2.1 | 2.2 | · | · | 2.0 | 2.2 | · | 2.4 | |
| Receivables Turnover | · | · | · | · | · | · | · | · | · | · | · | · | · | 6.8 | · | 7.7 |
Valuation (TTM) 14
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.23B | $1.23B | · | $1.22B | $1.21B | $1.19B | · | $1.18B | $1.17B | $1.16B | · | $1.17B | $1.19B | $1.17B | · | $1.09B | |
| Net Income TTM | $-320.0K | $-320.0K | · | $-5M | $-4M | $-6M | · | $-3M | $357.0K | $-6M | · | $-9M | $-6M | $-2M | · | $11M | |
| Market Cap | · | $98M | · | $146M | $169M | $258M | · | $188M | $158M | $183M | · | · | $254M | $211M | · | · | |
| Enterprise Value | · | $188M | · | $241M | $259M | $350M | · | $287M | $255M | $277M | · | · | $357M | $314M | · | · | |
| P/E | -141.0 | -185.0 | · | -27.6 | -39.8 | -44.5 | · | -71.4 | · | -31.8 | · | -23.4 | -39.1 | -98.0 | · | 17.6 | |
| P/S | · | 0.1 | · | 0.1 | 0.1 | 0.2 | · | 0.2 | 0.1 | 0.2 | · | · | 0.2 | 0.2 | · | · | |
| P/B | · | 0.5 | · | 0.6 | 0.7 | 1.1 | · | 0.7 | 0.6 | 0.6 | · | · | 0.9 | 0.7 | · | · | |
| P / Tangible Book | 1.2 | 1.8 | · | 3.3 | 4.1 | 6.2 | · | 5.8 | 5.0 | 6.6 | · | · | 16.2 | 17.9 | · | · | |
| P / Cash Flow | · | 6.4 | · | · | · | 37.2 | · | · | · | 25.9 | · | · | · | 16.8 | · | · | |
| P / FCF | · | -2187.1 | · | · | · | 76.6 | · | · | · | 40.8 | · | · | · | 17.7 | · | · | |
| EV / EBITDA | · | 22.0 | · | 215.5 | 62.9 | 44.2 | · | 561.4 | 97.3 | 42.0 | · | · | -226.6 | 79.8 | · | · | |
| EV / FCF | · | -4179.1 | · | · | · | 103.6 | · | · | · | 62.0 | · | · | · | 26.3 | · | · | |
| EV / Revenue | · | 0.2 | · | 0.2 | 0.2 | 0.3 | · | 0.2 | 0.2 | 0.2 | · | · | 0.3 | 0.3 | · | · | |
| Earnings Yield | -0.71% | -0.54% | · | -3.6% | -2.5% | -2.2% | · | -1.4% | 0.00% | -3.1% | · | -4.3% | -2.6% | -1.0% | · | 5.7% |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Revenue | $1.23B | $1.20B | $1.15B | $1.17B | $797M |
| Gross Margin % | 16.9% | 17.1% | 17.8% | 17.6% | 19.0% |
| Operating Margin % | -2.7% | -3.3% | 0.78% | 0.90% | 3.7% |
| Net Income | $-39M | $-49M | $-2M | $460.0K | $22M |
| Diluted EPS | $-0.73 | $-0.92 | $-0.04 | $0.01 | $0.43 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Debt / Equity | 0.5 | 0.5 | 0.4 | 0.4 | — |
| Current Ratio | 1.2 | 1.2 | 1.2 | 1.2 | — |
| Quick Ratio | 0.1 | 0.1 | 0.1 | 0.4 | — |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $7M | $10M | $12M | $25M | $15M |
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Institutional owners (13F) 66 filers · $11.4M total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 20 (+8 vs prior Q) | 19 (+9 vs prior Q) | 12 (-7 vs prior Q) | 20 (0 vs prior Q) | +2.1M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC | $2,466,194 | 1,749,074 | 21.60% | Shares |
| Zhang Financial LLC | $1,499,312 | 1,063,342 | 13.13% | Shares |
| North Star Investment Management Corp. | $1,342,320 | 952,000 | 11.76% | Shares |
| MILLENNIUM MANAGEMENT LLC | $701,902 | 497,803 | 6.15% | Shares |
| Nuveen Asset Management, LLC | $679,994 | 211,836 | 5.95% | Shares |
| RBF Capital, LLC | $615,517 | 436,537 | 5.39% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $565,339 | 400,705 | 4.95% | Shares |
| VANGUARD GROUP INC | $533,972 | 248,359 | 4.68% | Shares |
| PERRITT CAPITAL MANAGEMENT INC | $455,585 | 211,900 | 3.99% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $367,034 | 260,308 | 3.21% | Shares |
| STATE STREET CORP | $225,538 | 159,956 | 1.98% | Shares |
| GOLDMAN SACHS GROUP INC | $215,135 | 152,578 | 1.88% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $205,529 | 145,765 | 1.80% | Shares |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | $182,343 | 129,321 | 1.60% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $154,818 | 109,800 | 1.36% | Shares |
| NORTHERN TRUST CORP | $137,870 | 97,780 | 1.21% | Shares |
| Nuveen, LLC | $132,756 | 94,153 | 1.16% | Shares |
| Empowered Funds, LLC | $127,598 | 90,495 | 1.12% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $114,354 | 81,102 | 1.00% | Shares |
| Qube Research & Technologies Ltd | $107,167 | 76,005 | 0.94% | Shares |
| Point72 Asset Management, L.P. | $105,013 | 74,477 | 0.92% | Shares |
| AMERICAN CENTURY COMPANIES INC | $71,847 | 50,955 | 0.63% | Shares |
| Rothschild Wealth LLC | $65,287 | 46,303 | 0.57% | Shares |
| Williams & Novak, LLC | $51,246 | 36,345 | 0.45% | Shares |
| CITADEL ADVISORS LLC | $47,033 | 33,357 | 0.41% | Shares |
| Busey Bank | $35,848 | 25,424 | 0.31% | Shares |
| Squarepoint Ops LLC | $29,861 | 21,178 | 0.26% | Shares |
| RHUMBLINE ADVISERS | $29,540 | 20,951 | 0.26% | Shares |
| Quadrature Capital Ltd | $26,659 | 18,907 | 0.23% | Shares |
| MORGAN STANLEY | $20,981 | 14,880 | 0.18% | Shares |
| BlackRock, Inc. | $20,353 | 14,435 | 0.18% | Shares |
| Vanguard Global Advisers, LLC | $18,637 | 13,218 | 0.16% | Shares |
| BANK OF AMERICA CORP /DE/ | $16,411 | 11,639 | 0.14% | Shares |
| CHOREO, LLC | $14,100 | 10,000 | 0.12% | Shares |
| FMR LLC | $8,925 | 6,330 | 0.08% | Shares |
| Tower Research Capital LLC (TRC) | $5,242 | 3,718 | 0.05% | Shares |
| MERCER GLOBAL ADVISORS INC /ADV | $4,580 | 3,248 | 0.04% | Shares |
| CWM, LLC | $4,168 | 2,253 | 0.04% | Shares |
| UBS Group AG | $2,738 | 1,942 | 0.02% | Shares |
| Arax Advisory Partners | $1,771 | 1,256 | 0.02% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $1,754 | 1,244 | 0.02% | Shares |
| JANE STREET GROUP, LLC | $1,543 | 1,094 | 0.01% | Shares |
| JPMORGAN CHASE & CO | $1,318 | 876 | 0.01% | Shares |
| OSAIC HOLDINGS, INC. | $676 | 480 | 0.01% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $651 | 462 | 0.01% | Shares |
| Russell Investments Group, Ltd. | $513 | 364 | 0.00% | Shares |
| Allworth Financial LP | $504 | 357 | 0.00% | Shares |
| GAMMA Investing LLC | $357 | 253 | 0.00% | Shares |
| Integrated Wealth Concepts LLC | $327 | 233 | 0.00% | Shares |
| Essential Partners LLC | $295 | 209 | 0.00% | Shares |
| PNC Financial Services Group, Inc. | $231 | 164 | 0.00% | Shares |
| ROTHSCHILD INVESTMENT LLC | $58 | 41 | 0.00% | Shares |
| Fortitude Family Office, LLC | $55 | 39 | 0.00% | Shares |
| Farther Finance Advisors, LLC | $33 | 23 | 0.00% | Shares |
| EverSource Wealth Advisors, LLC | $30 | 21 | 0.00% | Shares |
| SIMPLEX TRADING, LLC | $25 | 18 | 0.00% | Shares |
| GSA CAPITAL PARTNERS LLP | $24 | 16,842 | 0.00% | Shares |
| Caitong International Asset Management Co., Ltd | $16 | 11 | 0.00% | Shares |
| Wealth Enhancement Trust Services, Inc. | $16 | 11 | 0.00% | Shares |
| SJS Investment Consulting Inc. | $8 | 5 | 0.00% | Shares |
| Sunbelt Securities, Inc. | $6 | 3 | 0.00% | Shares |
| True Wealth Design, LLC | $6 | 4 | 0.00% | Shares |
| JPL Wealth Management, LLC | $5 | 3 | 0.00% | Shares |
| CITIGROUP INC | $3 | 2 | 0.00% | Shares |
| BARCLAYS PLC | $1 | 1 | 0.00% | Shares |
| ROYAL BANK OF CANADA | $0 | 118 | 0.00% | Shares |
Company insiders 14 insiders · 5 officers · 9 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Xi Lin | President and CEO | June 5, 2024 A | — | 0 | 0 | $0 |
| Xiao Mou Zhang | Chief Executive Officer | Sept. 1, 2022 A | 2,750,188 | 0 | 0 | $0 |
| Paul E Mcgarry | CFO | June 1, 2026 A | 63,787 | 0 | 0 | $0 |
| Carlos Antonio Rodriguez | Chief Financial Officer | Sept. 1, 2022 A | 39,139 | 0 | 0 | $0 |
| Christine Chang | Chief Administrative Officer | June 5, 2024 A | — | 0 | 0 | $0 |
| Richard Diaz | Director | July 7, 2026 A | 33,774 | 0 | 0 | $0 |
| Dennis Lam | Director | July 7, 2026 A | 43,874 | 0 | 0 | $0 |
| Jeffery L Taylor | Director | July 7, 2026 A | 43,774 | 0 | 0 | $0 |
| Taylor S. Brown | Director | June 18, 2026 A | 21,164 | 0 | 0 | $0 |
| Jose Maroto | Director | Sept. 1, 2022 A | 11,742 | 0 | 0 | $0 |
| Hong Wang | Director | Sept. 1, 2022 A | 21,413 | 0 | 0 | $0 |
| Valerie Chase | Director | Sept. 1, 2022 A | 11,742 | 0 | 0 | $0 |
| Russell T. Libby | Director | Sept. 1, 2022 A | 34,076 | 0 | 0 | $0 |
| Zhou Min Ni | 10% owner | Dec. 1, 2023 J | 3,555,673 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 5 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Zhou Min Ni ×5 filings | May 26, 2026 | 6.70% | Amendment | — | SEC |
| Zhang Xiao Mou ×3 filings | July 5, 2024 | — | Initial filing | — | SEC |
| Irrevocable Trust for Raymond Ni, Weihui Kwok, Yuanyuan Wu ×3 filings | May 15, 2023 | — | Initial filing | — | SEC |
| HT Group Holding, L.L.C. | Aug. 31, 2018 | — | Initial filing | — | SEC |
| Wah Lam | Aug. 31, 2018 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 14 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| IWC · iShares Trust | 0.01% | 135,298 SH | Aug. 8, 2026 | Daily |
| RSSL · Global X Funds | 0.00% | 18,233 NS | April 30, 2026 | N-PORT |
| ITWO · ProShares Trust | 0.00% | 1,890 NS | May 31, 2026 | N-PORT |
| UWM · ProShares Trust | 0.00% | 1,478 NS | May 31, 2026 | N-PORT |
| URTY · ProShares Trust | 0.00% | 1,494 NS | May 31, 2026 | N-PORT |
| AVSC · AMERICAN CENTURY ETF TRUST | 0.00% | 11,246 NS | May 31, 2026 | N-PORT |
| MSSM · MORGAN STANLEY PATHWAY FUNDS | 0.00% | 1,340 NS | May 31, 2026 | N-PORT |
| HDG · ProShares Trust | 0.00% | 38 NS | May 31, 2026 | N-PORT |
| AVUV · AMERICAN CENTURY ETF TRUST | 0.00% | 38,022 NS | May 31, 2026 | N-PORT |
| DFSV · Dimensional ETF Trust | 0.00% | 11,268 NS | April 30, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.00% | 3,403 NS | April 30, 2026 | N-PORT |
| VXF · VANGUARD INDEX FUNDS | 0.00% | 487,277 SH | Aug. 8, 2026 | Daily |
| VTI · VANGUARD INDEX FUNDS | 0.00% | 1,214,624 SH | Aug. 8, 2026 | Daily |
| DFAC · Dimensional ETF Trust | 0.00% | 8,110 NS | April 30, 2026 | N-PORT |