Event-Driven Stocks

SIGA TECHNOLOGIES INC

SIGANasdaq

Healthcare · Pharmaceutical Preparations · DE · SEC filings ↗ · Compare ⊕

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Signs5 good1 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$94.6M$138.7M$139.9M$110.8M$133.7M$125.0M
Operating income$23.7M$70.0M$83.6M$42.7M$89.1M$84.5M
Net income$23.3M$59.2M$68.1M$33.9M$69.5M$56.3M
Total assets$219.5M$244.3M$254.4M$195.0M$214.7M$149.8M
Total liabilities$20.6M$28.5M$57.5M$24.9M$40.4M$20.0M
Equity$198.8M$215.8M$196.9M$170.2M$174.3M$129.8M
EPS (diluted)$0.32$0.82$0.95$0.46$0.91$0.71
Shares out.71.4M71.1M72.2M73.0M76.7M81.3M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
25.1%
Net margin
24.6%
Return on equity
11.7%
Return on assets
10.6%
Return on capital (ROCE)
11.8%
Liabilities / assets
9.4%
Debt / equity
0.10×
Book value / share
$2.78
Revenue growth (YoY)
−31.8%
Net income growth (YoY)
−60.7%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
16.02safe
Accruals / assets
9.2%clean
Beneish M-Score
-4.03normal
Piotroski F-Score
5/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
67
/ 100
Profitability 100Growth 0Catalyst 33Earnings quality 100Financial strength 100

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

1 severe1 warning5 good
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Revenue declined year-over-year
  • Operating margin is positive
  • Conservative leverage (liabilities < 50% of assets)
  • Positive operating cash flow
  • Clean earnings (low accruals)
  • Altman Z″ in the safe zone

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

FDA-approved drugs

openFDA · most recent
  • TPOXXMay 18, 2022

Clinical trials

ClinicalTrials.gov · ongoing · next readout first

Interventional studies led by this company. “Readout” is the trial's primary-completion date — an estimate the sponsor reports, not a guarantee.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Insider transactions

SEC Form 4 · most recent
1 acquisitions0 disposalsnet +6,920 shares · last 1
InsiderDateTypeSharesPrice
Miller Larry R.Officer — General CounselMar 25, 2026Option exercise6,920$0.00

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 20263.3M6.1-0.7%
Apr 30, 20263.3M8.2+3.1%
Apr 15, 20263.2M3.6-7.0%
Mar 31, 20263.5M4.1+10.6%
Mar 13, 20263.1M4.3-6.7%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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