Event-Driven Stocks

CHARLES & COLVARD LTD

CTHR

Consumer Discretionary · Jewelry, Silverware & Plated Ware · NC · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 2 good● 4 warning● 2 severedetails ↓

Financials

SEC XBRL · annual
 FY24FY23FY22FY21FY20FY19
Revenue$22.0M$29.9M$43.1M$39.2M$29.2M$32.2M
Operating income−$14.6M−$14.0M$2.9M$5.5M−$6.3M$2.3M
Net income−$14.4M−$19.6M$2.4M$12.8M−$6.2M$2.3M
Total assets$41.0M$49.0M$69.2M$64.9M$48.9M$51.1M
Total liabilities$15.3M$9.3M$9.7M$9.2M$7.5M$4.9M
Equity$25.6M$39.8M$59.6M$55.7M$41.4M$46.2M
EPS (diluted)$-4.73$-6.45$0.08$0.42$-0.22$0.10
Shares out.3.1M30.5M30.5M29.9M29.0M29.0M

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

Key ratios

from filings · FY2024
Operating margin
−66.5%
Net margin
−65.4%
Return on equity
−56.0%
Return on assets
−35.0%
Return on capital (ROCE)
−54.4%
Liabilities / assets
37.4%
Debt / equity
0.60×
Book value / share
$8.23
Revenue growth (YoY)
−26.7%
Net income growth (YoY)
—

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 · FY2024
Altman Z″ (distress)
-4.47distress
Accruals / assets
−17.1%clean
Beneish M-Score
-3.04normal
Piotroski F-Score
3/9weak

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
42
/ 100
Profitability 0Growth 0Catalyst 67Earnings quality 67Financial strength 75

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

● 2 severe● 4 warning● 2 good
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Revenue declined year-over-year
  • Negative operating cash flow
  • Conservative leverage (liabilities < 50% of assets)
  • 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

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.

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.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
Feb 27, 202633,87696.00.0%
Feb 13, 202633,8769.40.0%
Jan 30, 202633,87615.00.0%
Jan 15, 202633,87661.1-0.3%
Dec 31, 202533,9951.7+0.3%

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 (2)