Event-Driven Stocks

DURECT CORP

DRRX

Healthcare · Pharmaceutical Preparations · DE · SEC filings ↗ · Compare ⊕

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Signs5 warningdetails ↓

Financials

SEC XBRL · annual
 FY24FY23FY22FY21FY20FY19
Revenue$2.0M$2.6M$19.3M$14.0M$30.1M$25.1M
Operating income−$18.9M−$39.7M−$35.1M−$34.3M−$12.6M−$19.9M
Net income−$8.3M−$27.6M−$35.3M−$36.3M−$582,000−$20.6M
Total assets$18.3M$45.2M$60.1M$92.0M$75.6M$86.0M
Total liabilities
Equity$9.1M$14.8M$25.0M$57.8M$40.1M$22.9M
EPS (diluted)$-0.27$-1.20$-1.55$-0.16$0.00$-0.12
Shares out.31.0M24.5M227.7M227.2M195.8M162.1M

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
−931.2%
Net margin
−409.8%
Return on equity
−91.2%
Return on assets
−45.4%
Return on capital (ROCE)
−177.8%
Liabilities / assets
Debt / equity
Book value / share
$0.29
Revenue growth (YoY)
−21.6%
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
Accruals / assets
58.7%high accruals
Piotroski F-Score
4/8mixed

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
27
/ 100
Profitability 0Growth 0Catalyst 33Earnings quality 0Financial strength 100

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

5 warning0 good
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Revenue declined year-over-year
  • Negative operating cash flow
  • High accruals — earnings-quality risk

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

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
Aug 29, 2025344,9591.0-19.5%
Aug 15, 2025428,6091.0+6.9%
Jul 31, 2025400,9211.0-47.6%
Jul 15, 2025764,81415.0-2.9%
Jun 30, 2025787,26217.0-2.1%

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 ↗
  • 15-12GSep 22, 2025
  • 4/ASep 16, 2025
  • EFFECTSep 12, 2025
  • 4Sep 12, 2025
  • 4Sep 12, 2025
  • 4Sep 12, 2025
  • 4Sep 12, 2025
  • 4Sep 12, 2025
  • 4Sep 12, 2025
  • 4Sep 12, 2025
  • 4Sep 12, 2025
  • 4Sep 11, 2025
  • 4Sep 11, 2025
  • 4Sep 11, 2025
  • 4Sep 11, 2025

Event-driven situations (1)