AMBIENT CORP /NY
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Financials
SEC XBRL · annual| FY13 | FY12 | FY11 | FY10 | FY09 | |
|---|---|---|---|---|---|
| Revenue | $11.3M | $42.8M | $62.1M | $20.4M | $2.2M |
| Operating income | −$17.6M | −$6.1M | $6.9M | −$3.2M | −$9.3M |
| Net income | −$17.7M | −$5.4M | $10.1M | −$3.2M | −$14.2M |
| Total assets | $2.7M | $18.3M | $21.9M | $10.6M | — |
| Total liabilities | $4.2M | $4.8M | $6.0M | $4.4M | — |
| Equity | −$1.5M | $13.5M | $15.9M | $1.6M | −$9.5M |
| EPS (diluted) | $-1.06 | $-0.33 | $0.59 | $-0.21 | $-1.81 |
| Shares out. | 16.7M | 16.6M | 16.6M | 16.5M | 7,891 |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2013- Operating margin
- −155.4%
- Net margin
- −156.3%
- Return on equity
- 1167.7%
- Return on assets
- −658.6%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 156.4%
- Debt / equity
- —
- Book value / share
- $-0.09
- Revenue growth (YoY)
- −73.5%
- 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 · FY2013- Altman Z″ (distress)
- -346.04distress
- Accruals / assets
- −203.0%clean
- Piotroski F-Score
- 2/9weak
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 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. What these scores mean →
Signs
● 3 severe● 5 warning● 2 good- Negative shareholder equity
- 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
- 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 ↗Mar 31, 2014
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2012
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2008
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2002
- NT 10-Qmissed a reporting deadline ↗May 15, 2000
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2000
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 |
|---|---|---|---|---|
| Vicis Capital, Llc10% owner | Aug 9, 2013 | Sell | 1.2M | $1.50 |
| Vicis Capital, Llc10% owner | Jul 31, 2013 | Sell | 1.6M | $1.50 |
| Quarella MichaelOfficer — Chief Operating Officer | Jun 27, 2013 | Grant | 100,000 | $0.00 |
| Joyce JohnOfficer — Chief Executive Officer | Jun 27, 2013 | Grant | 110,000 | $0.00 |
| Fitzgerald Stacey MOfficer — Chief Financial Officer | Jun 27, 2013 | Grant | 90,000 | $0.00 |
| Joyce JohnOfficer — Chief Executive Officer | Dec 31, 2012 | Gift | 2,500 | $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.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Bankruptcy or receivership · New financial obligation · Debt acceleration / triggering eventJul 29, 2014
- Delisting / listing-standard noticeJul 15, 2014
- Entered a material agreement · New financial obligationJun 30, 2014
- Shareholder voteJun 17, 2014
- Delisting / listing-standard noticeApr 24, 2014
- Change in controlDec 13, 2013
- Director / officer changeNov 7, 2013
- Director / officer changeSep 19, 2013
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 ↗- 25-NSESep 11, 2014
- 15-12GNOTICE OF SUSPENSION OF DUTY TO FILE REPORTSAug 14, 2014
- 8-KCURRENT REPORTJul 29, 2014
- SC 13D/AJul 15, 2014
- 3OWNERSHIP DOCUMENTJul 15, 2014
- 8-KCURRENT REPORTJul 15, 2014
- 8-KCURRENT REPORTJun 30, 2014
- 8-KCURRENT REPORTJun 17, 2014
- 10-QQUARTERLY REPORTMay 15, 2014
- DEFA14AApr 30, 2014
- DEF 14ADEFINITIVE PROXY STATEMENTApr 30, 2014
- 8-KCURRENT REPORTApr 24, 2014
- 10-KANNUAL REPORTApr 14, 2014
- NT 10-KNOTICE OF LATE FILINGMar 31, 2014
- 8-KCURRENT REPORTDec 13, 2013
Event-driven situations (1)
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