CROSSROADS SYSTEMS INC
Technology · Computer Peripheral Equipment, NEC · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | |
|---|---|---|---|---|---|---|
| Revenue | — | $7.8M | $11.1M | $12.6M | $14.0M | $15.0M |
| Operating income | −$5.4M | −$8.8M | −$5.5M | −$12.7M | −$10.4M | −$7.4M |
| Net income | −$716,000 | −$9.0M | −$9.2M | −$12.1M | −$10.7M | −$7.5M |
| Total assets | $5.6M | $14.9M | $8.9M | $12.4M | $12.0M | $15.4M |
| Total liabilities | $2.5M | $11.8M | $9.1M | — | — | — |
| Equity | $3.1M | $3.1M | −$248,000 | −$7.9M | $2.0M | $7.9M |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 24.5M | 16.0M | 12.9M | 11.8M | 11.0M | 10.9M |
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
- −23.1%
- Return on assets
- −12.8%
- Return on capital (ROCE)
- −175.1%
- Liabilities / assets
- 44.7%
- Debt / equity
- 0.81×
- Book value / share
- $0.13
- 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- Altman Z″ (distress)
- -139.44distress
- Accruals / assets
- 134.8%high accruals
- Piotroski F-Score
- 3/7weak
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
● 1 severe● 2 warning● 1 good- Altman Z″ in the distress zone
- Negative operating cash flow
- High accruals — earnings-quality risk
- Conservative leverage (liabilities < 50% of assets)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Gogel ClaireDirector | Oct 16, 2017 | Buy | 22,000 | $4.38 |
| Eberwein Jeffrey E. | Sep 14, 2017 | J | 228,978 | $0.00 |
| Pearse Robert G.Director | Jul 10, 2017 | Grant | 3,465 | $0.00 |
| Pearce DonDirector | Jul 10, 2017 | Grant | 3,465 | $0.00 |
| Bible Hannah M.Director | Jul 10, 2017 | Grant | 3,465 | $0.00 |
| Vetter Galen GDirector | Mar 31, 2017 | Grant | 2,216 | $0.00 |
| Pearse Robert G.Director | Mar 31, 2017 | Grant | 2,216 | $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- Other material eventAug 23, 2017
- Delisting / listing-standard noticeAug 14, 2017
- Entered a material agreement · Bankruptcy or receivership · Other material eventAug 14, 2017
- Entered a material agreement · Director / officer changeAug 4, 2017
- Terminated a material agreementJul 14, 2017
- Other material eventJul 10, 2017
- Director / officer changeJun 30, 2017
- Other material eventJun 6, 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 ↗- SC 13G/ASCHEDULE 13G, AMENDMENT NO. 1Feb 13, 2018
- 3OWNERSHIP DOCUMENTOct 30, 2017
- SC 13DSCHEDULE 13DOct 25, 2017
- 3OWNERSHIP DOCUMENTOct 24, 2017
- 3OWNERSHIP DOCUMENTOct 24, 2017
- DEF 14AOct 24, 2017
- 4OWNERSHIP DOCUMENTOct 18, 2017
- 3OWNERSHIP DOCUMENTOct 18, 2017
- SC 13D/AAMENDMENT NO. 11 TO THE SCHEDULE 13DOct 6, 2017
- SC 13G/ASCHEDULE 13G AMENDMENT NO. 3Sep 22, 2017
- SC 13G/ASep 20, 2017
- 4OWNERSHIP DOCUMENTSep 18, 2017
- 15-12BFORM 15Sep 14, 2017
- SC 13D/AAMENDMENT NO. 10 TO THE SCHEDULE 13DSep 14, 2017
- 25-NSEAug 31, 2017
Event-driven situations (1)
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