your badges 52W Range $4–$8 9% of range Analyst Rating BUY 10 analysts Price Target $6 +51% upside P/E -20.0 ROE -14.9% Net Profit Margin -8.1%

TLS Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $4.19
Market Cap (MRQ) $313M
P/E (TTM) -20.0
EPS (TTM) $-0.21
Revenue (TTM) $194M
ROE (TTM) -14.9%
52W Range $4–$8

TLS Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
range
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Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$165M
2018-12-31 → 2025-12-31
EPS$-0.50
2018-12-31 → 2025-12-31
Free Cash Flow$29M
2018-12-31 → 2025-12-31
Net margin-8.1%
2018-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend TLS 5Y avg Peer Median Verdict
P/E (TTM) -20.05Y avg ≈-10.5 ≈-10.5 · ·
P/S (TTM) 1.65Y avg ≈2.4 ≈2.4 2.0 Fair value
P/B (MRQ) 3.45Y avg ≈3.0 ≈3.0 2.4 Overvalued
Price / FCF (TTM) 9.35Y avg ≈133.5 ≈133.5 · ·
Price / Cash Flow (TTM) 9.05Y avg ≈65.4 ≈65.4 12.3 Fair value
Price / Tangible Book (MRQ) 4.95Y avg ≈4.3 ≈4.3 · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 180.3%
Next Report Nov 09, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Aug 10, 2026 $0.04 $0.02 80.2%
March 31, 2026 May 8, 2026 $0.06 $0.02 259.3%
Dec. 31, 2025 $0.06 $0.02 164.3%
Sept. 30, 2025 $0.09 $0.02 492.1%
June 30, 2025 $-0.03 $-0.05 42.1%
March 31, 2025 $-0.03 $-0.05 43.9%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 17
Metric Trend 20252024202320222021202020192018201720162015
Revenue $165M$108M$145M$217M$242M$180M$159M$138M$108M$135M$121M
Cost of Revenue $104M$74M$92M$138M$156M$117M$107M$85M$67M$91M$90M
Gross Profit $61M$34M$53M$79M$86M$62M$52M····
R&D Expense $7M$8M$12M$17M$19M$14M$11M$9M···
SG&A Expense $79M$75M$81M$133M$127M$62M$47M$44M$40M$41M$34M
Operating Expenses $101M$90M$93M········
Operating Income $-40M$-56M$-40M$-54M$-41M$297.0K$5M$9M$414.0K$2M$-4M
Interest Expense ··$786.0K$874.0K$777.0K$7M$7M$7M$7M$5M$6M
Other Non-op $3M$4M$7M$1M$-921.0K$-255.0K$201.0K$12.0K$11.0K$18.0K$19.0K
Pretax Income $-37M$-52M$-34M$-53M$-43M$7M$-2M$2M$-6M$-3M$-9M
Income Tax $-663.0K$26.0K$36.0K$54.0K$-28.0K$-46.0K$-104.0K$31.0K$-3M$334.0K$4M
Net Income $-37M$-53M$-34M$-53M$-43M$2M$-6M$-2M$-6M$-7M$-16M
EPS (Basic) $-0.50$-0.73$-0.50$-0.79$-0.65$0.04$-0.17$-0.04···
EPS (Diluted) $-0.50$-0.73$-0.50$-0.79$-0.65$0.04$-0.17$-0.04···
Shares (Basic) 72,878,00071,850,00069,256,00067,559,00066,374,00041,642,00037,729,00036,762,000···
Shares (Diluted) 72,878,00071,850,00069,256,00067,559,00066,374,00042,877,00037,729,00036,762,000···
EBITDA $-28M$-44M$-31M$-48M$-36M$6M$10M$12M$2M$5M$674.0K
Balance Sheet 28
Metric Trend 20252024202320222021202020192018201720162015
Cash & Equivalents $53M$55M$99M$119M$127M$106M$7M$72.0K$600.0K$659.0K$58.0K
Receivables $17M$19M$30M$40M$60M$31M$28M$35M$25M$19M$19M
Inventory $996.0K$2M$1M$3M$1M$3M$2M$4M$14M$4M$3M
Prepaid Expense $11M$15M$8M$5M$3M$3M$2M····
Other Current Assets $3M$3M$1M$893.0K$732.0K$786.0K$1M$2M$1M$2M$3M
Current Assets $94M$91M$140M$168M$192M$144M$40M$41M$42M$25M$26M
PP&E (Net) $3M$4M$3M$5M$6M$15M$20M$17M$16M$16M$17M
PP&E (Gross) $21M$21M$19M$19M$18M$59M$52M$46M$42M$40M$41M
Accum. Depreciation $18M$16M$16M$14M$12M$32M$32M$29M$26M$24M$23M
Goodwill $3M$18M$18M$18M$18M$15M$15M$15M$15M$15M$15M
Intangibles $30M$30M$40M$37M$19M$7M···$0$1M
Other Non-current Assets $5M$8M$885.0K$1M$1M$926.0K$985.0K$915.0K$1M$761.0K$814.0K
Total Assets $140M$158M$209M$237M$246M$184M$78M$74M$74M$57M$60M
Accounts Payable $4M$1M$8M$13M$8M$15M·····
Accrued Liabilities $7M$4M$5M$10M$25M$6M$2M$3M$10M$3M$3M
Current Liabilities $37M$22M$39M$46M$51M$39M$37M$39M$46M$34M$25M
Capital Leases $186.0K$418.0K$123.0K$27.0K$388.0K$941.0K$16M$17M$18M$19M$20M
Deferred Tax $53.0K$813.0K$813.0K$758.0K$723.0K$652.0K$621.0K$818.0K$741.0K$3M$3M
Other Non-current Liabilities $159.0K$91.0K$44.0K$297.0K$935.0K$2M$724.0K$838.0K$872.0K$919.0K$882.0K
Total Liabilities $44M$31M$50M$65M$66M$57M$214M$207M$210M$187M$184M
Long-term Debt ·······$11M$11M$0$9M
Common Stock $111.0K$111.0K$109.0K$106.0K$105.0K$103.0K$0$78.0K$78.0K$78.0K$78.0K
Paid-in Capital ··········$3M
Retained Earnings $-364M$-327M$-275M$-240M$-187M$-144M$-146M$-139M$-141M$-136M$-128M
AOCI $-96.0K$-129.0K$-60.0K$-55.0K$-27.0K$44.0K$6.0K$17.0K$32.0K$25.0K$37.0K
Stockholders' Equity $96M$127M$159M$172M$180M$127M$-137M$-132M$-137M$-132M$-125M
Liabilities + Equity $140M$158M$209M$237M$246M$184M$78M$74M$74M$57M$60M
Shares Outstanding 72,773,27272,515,00070,240,00067,431,00066,767,00064,625,00000···
Cash Flow 17
Metric Trend 20252024202320222021202020192018201720162015
D&A $11M$12M$9M$6M$6M$5M$5M$3M$2M$3M$4M
Stock-based Comp $30M$21M$24M$65M$60M$4.0K$0$0$50.0K$0$0
Deferred Tax $-760.0K$0$55.0K$35.0K$70.0K$31.0K$-197.0K$77.0K$-3M$192.0K$5M
Amort. of Intangibles ····$2M$2M$2M··$1M$2M
Restructuring $2M$1M·········
Other Non-cash $26M$-7M$2M$-649.0K$-16M$-9M$13M$5M$6M$18M$9M
Operating Cash Flow $30M$-26M$2M$17M$7M$-2M$12M$6M$-591.0K$14M$3M
CapEx $739.0K$2M$926.0K$1M$3M$780.0K$4M$2M$748.0K$624.0K$394.0K
Investing Cash Flow $-9M$-17M$-15M$-14M$-19M$-7M$-7M$-4M$-2M$-624.0K$-394.0K
Stock Issued ···$0$64M$273M$0····
Stock Repurchased $14M$0$139.0K$11M$1M$0$0····
Net Stock Activity $-14M$0$-139.0K$-11M$63M······
Financing Cash Flow $-23M$-2M$-6M$-10M$32M$109M$1M$-3M$3M$-13M$-2M
Net Change in Cash $-1M$-45M$-20M$-7M$21M$99M$7M$-528.0K$-59.0K$601.0K$26.0K
Taxes Paid $42.0K$55.0K·········
Free Cash Flow $29M$-28M$661.0K$15M$4M$-3M$8M$4M$-1M$13M$2M
Levered FCF ··$-125.8K$15M$3M$-10M$605.5K$-3M$-5M$7M$-6M
Profitability 8
Metric Trend 20252024202320222021202020192018201720162015
Gross Margin 37.0%31.8%36.4%36.4%35.5%······
Operating Margin -24.2%-51.6%-27.7%-24.8%-17.1%0.17%3.2%6.5%0.38%1.6%-3.0%
Net Margin -22.2%-48.5%-23.7%-24.6%-17.8%0.94%-4.0%-1.2%-5.4%-5.3%-13.2%
Pretax Margin -22.6%-48.5%-23.6%-24.6%-17.8%3.8%-1.4%1.3%-5.8%-2.5%-7.7%
EBITDA Margin -17.2%-40.6%-21.2%-22.1%-14.8%3.1%6.3%8.7%2.2%3.7%0.56%
ROA -24.5%-28.6%-15.4%-22.1%-17.7%1.3%-8.4%-2.2%-8.9%-12.3%-23.8%
ROE -34.1%-40.9%-21.3%-30.6%-24.4%-50.3%4.7%1.2%4.3%5.6%13.6%
ROIC -40.8%-44.0%-25.4%-31.3%-23.0%0.24%-3.4%-6.6%-0.17%-1.8%4.2%
Liquidity & Solvency 3
Metric Trend 20252024202320222021202020192018201720162015
Current Ratio 2.64.13.63.73.83.71.11.10.90.71.0
Quick Ratio 1.93.33.33.53.73.50.90.90.50.60.8
Interest Coverage ··-51.3-61.6-53.40.00.71.20.10.4-0.6
Efficiency 3
Metric Trend 20252024202320222021202020192018201720162015
Asset Turnover 1.10.60.70.91.01.42.11.91.62.31.8
Inventory Turnover 74.746.143.066.868.644.533.69.57.928.328.8
Receivables Turnover 9.14.44.14.35.36.15.14.74.97.15.8
Per Share 5
Metric Trend 20252024202320222021202020192018201720162015
Book Value / Share $1.32$1.75$2.26$2.56$2.70$1.97·····
Revenue / Share $2.26$1.51$2.10$3.21$3.65$4.20·····
Cash Flow / Share $0.41$-0.36$0.02$0.24$0.11$-0.05·····
Cash / Share $0.73$0.75$1.41$1.77$1.90$1.64·····
EPS (TTM) $-0.50$-0.73$-0.50$-0.79$-0.65$0.04$-0.17$-0.04···
Growth Rates 3
Metric Trend 20252024202320222021202020192018201720162015
Revenue YoY 52.2%-25.5%-33.0%-10.5%34.8%······
Revenue CAGR 3Y -8.8%-23.6%-6.9%········
Revenue CAGR 5Y -1.7%··········
Valuation (TTM) 10
Metric Trend 20252024202320222021202020192018201720162015
Revenue TTM $165M$108M$145M$217M$242M$180M$159M$138M$108M$135M$121M
Net Income TTM $-37M$-53M$-34M$-53M$-43M$2M$-6M$-2M$-6M$-7M$-16M
Market Cap $371M$248M$256M$343M$1.03B$2.13B·····
P/E -10.2-4.7-7.3-6.4-23.7824.5·····
P/S 2.32.31.81.64.211.8·····
P/B 3.92.01.62.05.716.8·····
P / Tangible Book 5.93.12.52.97.220.3·····
P / Cash Flow 12.3-9.6161.520.8141.8-1013.0·····
P / FCF 12.6-8.8387.922.1253.5-739.0·····
Earnings Yield -9.8%-21.3%-13.7%-15.5%-4.2%0.12%·····

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $165M $108M $145M $217M $242M
Gross Margin % 37.0% 31.8% 36.4% 36.4% 35.5%
Operating Margin % -24.2% -51.6% -27.7% -24.8% -17.1%
Net Income $-37M $-53M $-34M $-53M $-43M
Diluted EPS $-0.50 $-0.73 $-0.50 $-0.79 $-0.65

Institutional owners (13F) 168 filers · $238.7M total · As of June 30, 2026

17

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.

Holders 168
Value held $238.7M
New positions 29
Exited positions 24
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
29 (-10 vs prior Q) 24 (-5 vs prior Q) 74 (+15 vs prior Q) 40 (-7 vs prior Q) +1.3M

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
BARCLAYS PLC $43,512,385 9,459,214 18.23% Shares
BlackRock, Inc. $19,998,090 4,347,411 8.38% Shares
VANGUARD GROUP INC $15,554,047 3,049,813 6.52% Shares
VANGUARD CAPITAL MANAGEMENT LLC $10,895,532 2,368,594 4.57% Shares
PINNACLE ASSOCIATES LTD $10,252,204 2,228,740 4.30% Shares
AQR CAPITAL MANAGEMENT LLC $10,058,378 2,186,604 4.21% Shares
MASTERS CAPITAL MANAGEMENT LLC $9,660,000 2,100,000 4.05% Shares
D. E. Shaw & Co., Inc. $8,919,220 1,938,961 3.74% Shares
WEBER CAPITAL MANAGEMENT LLC /ADV $8,125,992 1,766,520 3.40% Shares
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. $7,027,609 1,528,230 2.94% Shares
GEODE CAPITAL MANAGEMENT, LLC $6,591,582 1,432,550 2.76% Shares
DIMENSIONAL FUND ADVISORS LP $6,291,389 1,367,848 2.64% Shares
STATE STREET CORP $4,985,526 1,083,810 2.09% Shares
TWO SIGMA INVESTMENTS, LP $4,260,276 926,147 1.79% Shares
RENAISSANCE TECHNOLOGIES LLC $4,171,873 906,929 1.75% Shares
TWO SIGMA ADVISERS, LP $3,108,960 609,600 1.30% Shares
KENNEDY CAPITAL MANAGEMENT LLC $2,842,579 617,952 1.19% Shares
GOLDMAN SACHS GROUP INC $2,644,480 574,887 1.11% Shares
Qube Research & Technologies Ltd $2,493,264 542,014 1.04% Shares
NORTHERN TRUST CORP $2,337,325 508,114 0.98% Shares
MACKENZIE FINANCIAL CORP $2,295,451 499,011 0.96% Shares
JACOBS LEVY EQUITY MANAGEMENT, INC $2,282,612 496,220 0.96% Shares
TOCQUEVILLE ASSET MANAGEMENT L.P. $2,139,000 465,000 0.90% Shares
Cubist Systematic Strategies, LLC $2,094,597 306,228 0.88% Shares
ALGERT GLOBAL LLC $2,080,138 452,204 0.87% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $2,031,990 441,737 0.85% Shares
CITADEL ADVISORS LLC $1,994,408 433,567 0.84% Shares
VANGUARD FIDUCIARY TRUST CO $1,802,409 391,828 0.76% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $1,778,015 386,525 0.74% Shares
Defiance ETFs, LLC $1,572,748 320,969 0.66% Shares
LOS ANGELES CAPITAL MANAGEMENT LLC $1,496,544 325,336 0.63% Shares
MILLENNIUM MANAGEMENT LLC $1,480,519 321,852 0.62% Shares
Nuveen, LLC $1,376,504 299,240 0.58% Shares
GLOBEFLEX CAPITAL L P $1,335,776 290,386 0.56% Shares
Point72 Asset Management, L.P. $1,329,957 289,121 0.56% Shares
WHITE PINE CAPITAL LLC $1,132,175 246,125 0.47% Shares
BNP PARIBAS FINANCIAL MARKETS $1,036,555 225,338 0.43% Shares
Connor, Clark & Lunn Investment Management Ltd. $1,028,045 223,488 0.43% Shares
Man Group plc $965,545 209,901 0.40% Shares
Pathstone Holdings, LLC $888,752 193,207 0.37% Shares
MORGAN STANLEY $873,632 189,920 0.37% Shares
STATE OF WISCONSIN INVESTMENT BOARD $777,046 168,923 0.33% Shares
Cassaday & Co Wealth Management LLC $725,190 157,650 0.30% Shares
ExodusPoint Capital Management, LP $717,002 155,870 0.30% Shares
CITIGROUP INC $699,936 152,160 0.29% Shares
Invesco Ltd. $673,868 146,493 0.28% Shares
VICTORY CAPITAL MANAGEMENT INC $632,348 137,467 0.26% Shares
Integrated Quantitative Investments LLC $617,003 134,131 0.26% Shares
CANADA PENSION PLAN INVESTMENT BOARD $559,360 121,600 0.23% Shares
IEQ CAPITAL, LLC $555,091 120,672 0.23% Shares

Show all 168 institutional owners →

Activists & 5%+ owners 47 positions

18

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
John B. Wood July 24, 2026 9.10% Initial filing Passive investment SEC
Wynnefield Partners Small Cap Value, L.P. S.S. OR, Wynnefield Small Cap Value Offshore Fund, Ltd., Wynnefield Partners Small Cap Value, L.P. I, Nelson Obus, Joshua H. Landes, Wynnefield Capital Management LLC, Wynnefield Capital, Inc., Wynnefield Capital, Inc. Profit Sharing Plan, Minerva Advisors LLC, Minerva Group, LP, Minerva GP, LP, Minerva GP, Inc., David P. Cohen, Victor Morgenstern Grantor Remainder Annuity Trust 2020 #2, Judd Morgenstern Revocable Trust, Jennifer Morgenstern Irrevocable Trust, Judd Morgenstern Irrevocable Trust, Robyn Morgenstern Irrevocable Trust, Victor A. Morgenstern Grandchildren Trust, Victor Morgenstern, Faye Morgenstern, Judd Morgenstern, Jennifer Morgenstern, Robyn Morgenstern, Antonio Gracias, Gary I. Levenstein ×11 filings Nov. 20, 2020 · Initial filing · SEC
Value Partners, Ltd., Ewing & Partners, Ewing Asset Management, LLC, Timothy G. Ewing ×6 filings Nov. 17, 2015 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Aug. 15, 2013 · Initial filing · SEC
Costa Brava Partnership III L.P. S.S. OR, Roark, Rearden & Hamot, LLC S.S. OR, Seth W. Hamot (a) £ ×2 filings Sept. 19, 2012 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person June 23, 2009 · Initial filing Passive investment SEC
IRS IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Victor Morgenstern, IRS IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Faye Morgenstern, IRS IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Judd Morgenstern, IRS IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Jennifer Morgenstern Irrevocable Trust, IRS IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Robyn Morgenstern Irrevocable Trust, IRS IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Judd Morgenstern Irrevocable Trust March 10, 2009 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Feb. 20, 2008 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Dec. 14, 2007 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Dec. 11, 2007 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Oct. 25, 2007 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Oct. 18, 2007 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Oct. 2, 2007 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Sept. 24, 2007 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Sept. 13, 2007 · 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.

Company insiders 44 insiders · 20 officers · 16 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
John B Wood Chairman and CEO Sept. 21, 2026 S 1,505,867 0 3 $-2,064,912
Gary Mark Bendza EVP, CFO Sept. 18, 2026 S 337,008 0 8 $-4,719,142
Michele Nakazawa EVP, CFO July 1, 2021 S 448,896 0 0 $0
Edward L Williams EVP, COO Sept. 30, 2021 S 348,852 0 0 $0
Edward Hutchinson Robbins Jr. EVP, General Counsel Sept. 2, 2026 S 589,915 0 3 $-703,297
Donald Joseph Terreri Controller, Chief Acct Officer Aug. 14, 2026 F 33,483 0 0 $0
Donna K. Hill VP, Human Resources May 26, 2026 A 133,320 0 0 $0
Malcolm G. Cooke VP, Chief Info Tech Officer May 26, 2026 A 189,466 0 0 $0
Victoria A. Harding Controller, Chief Acct Officer May 16, 2025 F 106,170 0 0 $0
Emmett J. Wood EVP, Marketing & Strategy Jan. 20, 2023 F 348,426 0 0 $0
Brendan D Malloy EVP, Secure Networks Dec. 1, 2022 F 390,685 0 0 $0
Jefferson V. Wright EVP, General Counsel Jan. 31, 2022 A 78,697 0 0 $0
Kenneth F Fagan Jr. VP, Secure Communications Jan. 21, 2022 F 49,583 0 0 $0
Rinaldi D Pisani SVP, Sales & Alliance Jan. 21, 2022 F 96,083 0 0 $0
David S Easley VP, Finance & Controller April 1, 2021 S 203,559 0 0 $0
Robert Marino EVP Special Projects Aug. 1, 2011 G 562,052 0 0 $0
Flaherty Michael P EVP, Gen Counsel, CAO Feb. 11, 2011 A 890,000 0 0 $0
Robert J Brandewie Sr. VP, Identity and Security June 4, 2008 A 75,000 0 0 $0
Ronald J Dorman VP, Information Assurance June 4, 2008 D 101,250 0 0 $0
James W Morehouse VP, Strategic Programs June 4, 2008 D 77,500 0 0 $0
Derrick D. Dockery Director Aug. 21, 2026 S 156,591 0 6 $-261,318
Bradley W. Jacobs Director June 22, 2026 S 166,612 0 1 $-240,377
Fredrick Schaufeld Director May 26, 2026 A 250,909 0 5 $-1,941,133
Bonnie Lynn Carroll Director May 26, 2026 A 182,582 0 0 $0
John W Maluda Director May 26, 2026 A 219,478 0 0 $0
Bernard C Bailey Director May 17, 2022 A 16,665 0 0 $0
William M Dvoranchik Director Feb. 11, 2011 A 100,000 0 0 $0
Jerry O Tuttle Director Feb. 11, 2011 A 100,000 0 0 $0
Bruce R Harris Director Feb. 11, 2011 A 100,000 0 0 $0
Charles S Mahan Jr Director Feb. 11, 2011 A 100,000 0 0 $0
Geoffrey B Baker Director Aug. 18, 2004 A · 0 0 $0
Langhorne A Motley Director Aug. 18, 2004 A · 0 0 $0
Malcolm M B Sterrett Director Aug. 18, 2004 A · 0 0 $0
Norman P Byers Director Oct. 23, 2002 A · 0 0 $0
JRP Settlement 10% owner Sept. 22, 2021 S 9,264,804 0 0 $0
Shirley Porter 10% owner Sept. 22, 2021 S 9,264,804 0 0 $0
John Rober Camber Porter ET AL 10% owner Sept. 22, 2021 S 9,264,804 0 0 $0
Toxford Corp/Panama 10% owner July 16, 2021 J 0 0 0 $0
Mark D Griffin · May 26, 2026 A 1,454,253 0 0 $0
David Borland · May 26, 2026 A 227,909 0 0 $0
Richard P Tracy · Jan. 21, 2022 F 74,816 0 0 $0
Alvin F Whitehead · Dec. 23, 2013 G 530,000 0 0 $0
Ralph M Buona · March 28, 2013 A 197,700 0 0 $0
Francis M Masters · Dec. 18, 2012 G 100,700 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 49 ETFs

20

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
IXP · iShares Trust 0.97% 1,312,297 SH Sept. 11, 2026 Daily
EWA · iShares, Inc. 0.92% 3,371,269 SH Sept. 11, 2026 Daily
IDLV · Invesco Exchange-Traded Fund Trust … 0.65% 620,160 SH Oct. 2, 2026 Daily
EPP · iShares, Inc. 0.58% 3,875,620 SH Sept. 11, 2026 Daily
EFAV · iShares Trust 0.50% 7,951,524 SH Sept. 11, 2026 Daily
INTF · iShares Trust 0.27% 2,924,974 SH Sept. 11, 2026 Daily
IQLT · iShares Trust 0.15% 5,895,946 SH Sept. 11, 2026 Daily
IPAC · iShares Trust 0.14% 1,116,589 SH Sept. 11, 2026 Daily
EFG · iShares Trust 0.12% 6,058,890 SH Sept. 11, 2026 Daily
DMXF · iShares Trust 0.12% 335,034 SH Sept. 11, 2026 Daily
KNCT · Invesco Exchange-Traded Fund Trust 0.12% 58,212 SH Oct. 2, 2026 Daily
VPL · VANGUARD INTERNATIONAL EQUITY INDEX… 0.11% 4,243,093 SH Aug. 19, 2026 Daily
IMFL · Invesco Exchange-Traded Self-Indexe… 0.08% 268,497 SH Oct. 2, 2026 Daily
VYMI · VANGUARD WHITEHALL FUNDS 0.08% 4,501,805 SH Aug. 19, 2026 Daily
IWC · iShares Trust 0.06% 190,280 SH Sept. 11, 2026 Daily
EFA · iShares Trust 0.06% 13,861,880 SH Sept. 10, 2026 Daily
OMFS · Invesco Exchange-Traded Self-Indexe… 0.06% 35,301 SH Oct. 2, 2026 Daily
IEFA · iShares Trust 0.05% 30,463,837 SH Sept. 11, 2026 Daily
CRBN · iShares Trust 0.05% 182,330 SH Sept. 11, 2026 Daily
PXF · Invesco Exchange-Traded Fund Trust … 0.05% 432,877 SH Oct. 2, 2026 Daily
IDEV · iShares Trust 0.05% 4,445,174 SH Sept. 10, 2026 Daily
VEA · VANGUARD TAX-MANAGED FUNDS 0.04% 38,309,780 SH Aug. 19, 2026 Daily
VSGX · VANGUARD WORLD FUND 0.04% 796,071 SH Aug. 19, 2026 Daily
ACWX · iShares Trust 0.03% 1,260,522 SH Sept. 10, 2026 Daily
IXUS · iShares Trust 0.03% 5,484,846 SH Sept. 11, 2026 Daily
VXUS · VANGUARD STAR FUNDS 0.03% 57,865,066 SH Aug. 19, 2026 Daily
VEU · VANGUARD INTERNATIONAL EQUITY INDEX… 0.03% 9,172,155 SH Aug. 19, 2026 Daily
VTWG · VANGUARD SCOTTSDALE FUNDS 0.02% 60,343 SH Aug. 19, 2026 Daily
IWO · iShares Trust 0.02% 525,617 SH Sept. 11, 2026 Daily
TOK · iShares Trust 0.02% 11,637 SH Sept. 9, 2026 Daily
GLOF · iShares Trust 0.02% 9,179 SH Sept. 9, 2026 Daily
URTH · iShares, Inc. 0.02% 371,001 SH Sept. 10, 2026 Daily
PRFZ · Invesco Exchange-Traded Fund Trust 0.01% 83,909 SH Oct. 2, 2026 Daily
ACWI · iShares Trust 0.01% 1,291,824 SH Sept. 11, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.01% 3,028,220 SH Aug. 19, 2026 Daily
VTWO · VANGUARD SCOTTSDALE FUNDS 0.01% 322,208 SH Aug. 19, 2026 Daily
IWM · iShares Trust 0.01% 1,473,150 SH Sept. 11, 2026 Daily
RSSL · Global X Funds 0.01% 26,733 NS July 31, 2026 N-PORT
DFAS · Dimensional ETF Trust 0.01% 256,296 NS July 31, 2026 N-PORT
DFAC · Dimensional ETF Trust 0.00% 159,038 NS July 31, 2026 N-PORT
DFSU · Dimensional ETF Trust 0.00% 7,829 NS July 31, 2026 N-PORT
ITOT · iShares Trust 0.00% 128,368 SH Sept. 11, 2026 Daily
DFAU · Dimensional ETF Trust 0.00% 13,674 NS July 31, 2026 N-PORT
DCOR · Dimensional ETF Trust 0.00% 3,810 NS July 31, 2026 N-PORT
DFUS · Dimensional ETF Trust 0.00% 6,836 NS July 31, 2026 N-PORT
VXF · VANGUARD INDEX FUNDS 0.00% 623,605 SH Aug. 19, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.00% 1,697,135 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.00% 3,974 SH Aug. 19, 2026 Daily
DXUV · Dimensional ETF Trust 0.00% 24 NS July 31, 2026 N-PORT

TLS Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 10 analysts BUY
Median target $5.50 +31.3%
2 20.0% Strong Buy
5 50.0% Buy
3 30.0% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

6 analysts · 2026-10-01

Mean target $6.33 +51.2%

Now Current price $4.19
Low$4.00 Mean$6.33 High$9.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
TLS $371M -10.2 52.2% -22.2% -34.1% 37.0%
RPD · 42.2 1.9% · · ·
NABL · -74.8 9.3% -3.7% · 76.9%
OSPN $480M 6.8 0.00% 30.0% 28.3% 73.8%
XPER $275M -4.8 -9.2% -12.6% -13.5% ·
SVCO $125M -2.9 5.7% -65.3% -53.3% 78.3%
DUOT $230M -17.6 271.2% -36.4% -36.9% 29.1%
AISP · · · · · ·

Latest News Recent headlines mentioning this company

23
VIAVI Solutions (VIAV) Launches CyberFlood CF1000 400G Security Test Platform Yahoo Finance · 4 months, 1 week ago

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

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Source: SEC 10-Q filed Aug 10, 2026