NXChain Inc.
Technology · Services-Computer Integrated Systems Design · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY16 | FY15 | FY14 | FY13 | FY12 | |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| Operating income | — | — | — | — | — |
| Net income | −$452,834 | −$57,664 | −$21,693 | −$81,476 | −$179,865 |
| Total assets | $72,575 | $11,835 | $338 | $1,038 | $6,156 |
| Total liabilities | $274,453 | $430,295 | $333,962 | $312,970 | $199,874 |
| Equity | −$201,878 | −$418,460 | −$367,481 | −$311,931 | −$193,718 |
| EPS (diluted) | — | — | — | — | — |
| Shares out. | 10.0M | 21.7M | 21.6M | 21.6M | 21.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2016- Operating margin
- —
- Net margin
- —
- Return on equity
- 224.3%
- Return on assets
- −624.0%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 378.2%
- Debt / equity
- —
- Book value / share
- $-0.02
- Revenue growth (YoY)
- —
- 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 · FY2016- Accruals / assets
- −259.4%clean
- Piotroski F-Score
- 3/6weak
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
● 2 severe● 2 warning● 2 good- Negative shareholder equity
- 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-Kmissed a reporting deadline ↗Aug 29, 2017
- NT 10-Qmissed a reporting deadline ↗Jan 18, 2017
- NT 10-Qmissed a reporting deadline ↗Jan 13, 2016
- NT 10-Qmissed a reporting deadline ↗Apr 15, 2013
- NT 10-Qmissed a reporting deadline ↗Jan 15, 2013
- NT 10-Qmissed a reporting deadline ↗Oct 16, 2012
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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Havanti As10% owner | Apr 20, 2016 | Buy | 7.7M | $77170.00 |
| Campbell MichaelOfficer — Chief Executive Officer | Apr 20, 2016 | Grant | 283,042 | $2830.00 |
| Hellige Eric MDirector | Dec 5, 2011 | Buy | 500,000 | — |
| Goldman HerbertDirector | Dec 30, 2009 | Sell | 834,000 | $0.01 |
| Klein Lawrence BDirector | Dec 30, 2009 | Sell | 594,000 | $0.01 |
| Balaban IrwinOfficer — CEO | Dec 30, 2009 | Buy | 158,000 | $0.01 |
| Klein Lawrence BDirector | Jul 13, 2006 | Option exercise | 50,000 | $0.57 |
| Goldman HerbertDirector | Jul 13, 2006 | Option exercise | 50,000 | $0.57 |
| Friedman Robert BDirector | Jul 13, 2006 | Option exercise | 50,000 | $0.57 |
| Balaban IrwinOfficer — President & CEO | Jul 13, 2006 | Option exercise | 50,000 | $0.57 |
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.
Material events
SEC Form 8-K · most recent- Other material eventSep 13, 2019
- Changed auditor · Other material eventDec 7, 2018
- Entered a material agreement · Changed auditorOct 17, 2018
- Changed auditor · Prior financials not reliable (restatement)Nov 28, 2017
- Entered a material agreement · New financial obligation · Delisting / listing-standard noticeNov 7, 2017
- Results of operations · Other material eventAug 29, 2017
- Entered a material agreementJul 17, 2017
- Director / officer change · Other material eventFeb 17, 2017
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 ↗- REVOKEDNov 6, 2019
- 8-KFORM 8-KSep 13, 2019
- 8-KCURRENT REPORTDec 7, 2018
- 8-KCURRENT REPORTOct 17, 2018
- 8-K/AAMENDMENT NO. 1 TO CURRENT REPORTDec 5, 2017
- 8-KCURRENT REPORTNov 28, 2017
- 8-KCURRENT REPORTNov 7, 2017
- NT 10-KNOTIFICATION OF LATE FILINGAug 29, 2017
- 8-KCURRENT REPORTAug 29, 2017
- 8-KCURRENT REPORTJul 17, 2017
- 10-QQUARTERLY REPORTApr 13, 2017
- 8-KCURRENT REPORTFeb 17, 2017
- 10-QQUARTERLY REPORTJan 24, 2017
- NT 10-QNOTIFICATION OF LATE FILINGJan 18, 2017
- 10-QQUARTERLY REPORTOct 14, 2016
Event-driven situations (1)
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