GLOBAL DIGITAL SOLUTIONS INC
GDSIConsumer Staples · Perfumes, Cosmetics & Other Toilet Preparations · NJ · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | $0 | $0 | $0 |
| Operating income | −$427,132 | −$2.2M | −$1.1M | −$1.4M | −$1.3M | −$1.4M |
| Net income | −$5.8M | $2.2M | −$12.6M | −$3.3M | −$1.8M | −$1.1M |
| Total assets | $1,043 | $299,770 | $701,225 | $525,684 | $8,100 | $113,000 |
| Total liabilities | $16.1M | $11.4M | $17.5M | $6.7M | — | $3.1M |
| Equity | −$16.1M | −$11.1M | −$16.8M | −$6.2M | −$4.3M | −$3.0M |
| EPS (diluted) | — | — | — | $-0.01 | $0.00 | $0.00 |
| Shares out. | 798.2M | 668.3M | 643.7M | 579.5M | 559.1M | 530.8M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- —
- Net margin
- —
- Return on equity
- 35.8%
- Return on assets
- −552354.8%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 1541363.9%
- Debt / equity
- —
- Book value / share
- $-0.02
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- −360.5%
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 · FY2022- Altman Z″ (distress)
- -276113.71distress
- Accruals / assets
- −502199.0%clean
- Piotroski F-Score
- 1/7weak
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 ScoreOur 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
● 3 severe● 2 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Clean earnings (low accruals)
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- NT 10-Qmissed a reporting deadline ↗Nov 14, 2023
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2023
- NT 10-Qmissed a reporting deadline ↗May 15, 2023
- NT 10-Kmissed a reporting deadline ↗Apr 3, 2023
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2022
- NT 10-Qmissed a reporting deadline ↗Aug 16, 2022
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.
Material events
SEC Form 8-K · most recent- Changed auditorMar 5, 2024
- Other material eventFeb 25, 2021
- Other material eventFeb 17, 2021
- Other material eventMay 15, 2020
- Other material eventMar 26, 2020
- Other material eventApr 4, 2019
- Entered a material agreementMar 6, 2019
- Shareholder voteFeb 5, 2019
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.