SPENDSMART NETWORKS, INC.
Consumer Discretionary · Retail-Retail Stores, NEC · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | |
|---|---|---|---|---|---|---|
| Revenue | $5.8M | $5.6M | $4.0M | $1.0M | $1.0M | $104,030 |
| Operating income | −$5.2M | −$11.9M | −$8.2M | −$7.4M | — | — |
| Net income | −$6.8M | −$11.9M | −$12.2M | −$14.1M | −$11.0M | −$14.2M |
| Total assets | $851,179 | $3.6M | $10.0M | $709,198 | $5.8M | $1.6M |
| Total liabilities | — | $5.3M | $2.7M | $1.3M | — | — |
| Equity | −$5.0M | −$1.7M | $7.4M | −$612,228 | −$5.0M | −$1.3M |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 39.4M | 18.5M | 18.3M | 10.4M | 113.3M | 97.2M |
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
- −90.4%
- Net margin
- −118.0%
- Return on equity
- 137.4%
- Return on assets
- −803.4%
- Return on capital (ROCE)
- —
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $-0.13
- Revenue growth (YoY)
- 3.7%
- 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 · FY2016- Accruals / assets
- −645.1%clean
- Piotroski F-Score
- 3/8weak
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
● 2 severe● 3 warning● 3 good- Negative shareholder equity
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- Strong return on equity (>15%)
- 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- NT 10-Qmissed a reporting deadline ↗Aug 14, 2017
- NT 10-Qmissed a reporting deadline ↗May 16, 2017
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2017
- NT 10-Qmissed a reporting deadline ↗May 16, 2016
- NT 10-Kmissed a reporting deadline ↗Mar 30, 2016
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2015
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 |
|---|---|---|---|---|
| Miniccuci AlexOfficer — CHIEF STRATEGY OFFICER | Jun 8, 2016 | Buy | 26,250 | $0.09 |
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- Director / officer changeDec 19, 2018
- Director / officer changeMay 3, 2018
- Entered a material agreement · Completed an acquisition or disposition · Director / officer changeFeb 1, 2018
- Shareholder voteDec 27, 2017
- Entered a material agreementOct 11, 2017
- Entered a material agreement · New financial obligation · Unregistered equity saleAug 14, 2017
- Entered a material agreement · New financial obligation · Unregistered equity saleJul 13, 2017
- Entered a material agreement · New financial obligationMay 5, 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 ↗- REVOKEDAug 14, 2020
- 8-KCURRENT REPORTDec 19, 2018
- 8-KCURRENT REPORTMay 3, 2018
- 8-KCURRENT REPORTFeb 1, 2018
- SC 13GSCHEDULE 13GJan 26, 2018
- 8-KCURRENT REPORTDec 27, 2017
- DEF 14APROXY STATEMENTDec 6, 2017
- UPLOADDec 1, 2017
- PRER14AAMENDMENT NO. 2Nov 28, 2017
- CORRESPNov 28, 2017
- UPLOADNov 17, 2017
- CORRESPNov 8, 2017
- PRER14APRELIMINARY PROXY STATEMENTNov 8, 2017
- UPLOADNov 6, 2017
- PRE 14APRELIMINARY PROXY STATEMENTOct 11, 2017
Event-driven situations (1)
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