Event-Driven Stocks

EMAGIN CORP

Technology · Semiconductors & Related Devices · SEC filings ↗ · Compare ⊕

Signs2 good3 warning2 severedetails ↓

Financials

SEC XBRL · annual
 FY22FY21FY20FY19FY18FY17
Revenue$30.5M$26.0M$29.4M$26.7M$6.9M$6.1M
Operating income−$2.9M−$10.0M−$6.9M−$5.6M−$11.7M−$8.7M
Net income−$1.1M−$5.2M−$11.4M−$4.3M−$2.1M−$2.0M
Total assets$73.1M$51.4M$47.6M$29.6M$25.4M$27.3M
Total liabilities$49.3M$33.1M$31.4M$11.9M$7.4M
Equity$23.8M$18.2M$16.2M$17.7M$18.0M$17.5M
EPS (diluted)$-0.01$-0.12$-0.19$-0.03$-0.05$-0.06
Shares out.73.0M71.1M51.3M45.0M45.0M31.6M

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

Key ratios

from filings · FY2022
Operating margin
−9.6%
Net margin
−3.6%
Return on equity
−4.6%
Return on assets
−1.5%
Return on capital (ROCE)
−4.4%
Liabilities / assets
67.5%
Debt / equity
2.07×
Book value / share
$0.33
Revenue growth (YoY)
17.2%
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 · FY2022
Altman Z″ (distress)
-9.76distress
Accruals / assets
3.3%clean
Beneish M-Score
-2.29normal
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
43
/ 100
Profitability 0Growth 100Catalyst 33Earnings quality 33Financial strength 50

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. What these scores mean →

Signs

2 severe3 warning2 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
  • Negative operating cash flow
  • Revenue is growing year-over-year
  • 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.

Insider transactions

SEC Form 4 · most recent
2 acquisitions0 disposalsnet +334,358 shares · last 2
InsiderDateTypeSharesPrice
Koch Mark AOfficer — CFOOct 18, 2023Option exercise317,230
Sculley Andrew George JrOfficer — PRESIDENT/CEOOct 18, 2023Option exercise17,128

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

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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