On the stock market since 2007, it operates in the world of raw materials. It has 3 employees. Now — the numbers.
The company is still in the product-building phase: its spending runs far above its sales. That only changes once the product starts selling at scale.
Red columns mark years that ended in a loss.
Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.
Executives buying with their own money is usually read as confidence in the company’s future.
angles, checked one by one.
The 2 that stand out are on screen; the rest came back neutral.
The council scores out of 10; report-card grades are out of 100.
Profit per Sale: The profit kept from each sale is thin.
The stock trades 45% below its peak. The market has trimmed its expectations for the company.
Over the last 12 months, company executives reported 25 buys and 0 sells. Management buying with its own money is usually read as a good sign.
A loss of $4.6M against $0 in annual sales.
At the current pace of spending, the cash lasts less than a year. After that, the company needs to find new money.
On our five-subject report card, THM sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: THM is a high-risk stock — not yet profitable, and its future rides on its product catching on.