United Health Products, Inc.
UEECOTCHealthcare · Orthopedic, Prosthetic & Surgical Appliances & Supplies · NV · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $37,500 | $59 | $643 |
| Operating income | −$2.3M | −$2.0M | −$2.4M | −$2.8M | −$29.8M | −$14.8M |
| Net income | −$2.7M | −$2.0M | −$2.6M | −$1.7M | −$30.5M | −$15.7M |
| Total assets | $316,698 | $269,979 | $284,643 | $350,528 | $26,799 | $217,100 |
| Total liabilities | $4.2M | $2.7M | $2.0M | $2.4M | $1.2M | $1.2M |
| Equity | −$3.9M | −$2.4M | −$1.7M | −$2.1M | −$1.1M | −$953,262 |
| EPS (diluted) | $-0.01 | $-0.01 | $-0.01 | — | — | — |
| Shares out. | 252.4M | 246.8M | 234.3M | 228.8M | 224.0M | 180.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- —
- Net margin
- —
- Return on equity
- 68.9%
- Return on assets
- −842.9%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 1324.0%
- Debt / equity
- —
- Book value / share
- $-0.02
- 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 · FY2025- Altman Z″ (distress)
- -965.93distress
- Accruals / assets
- −468.1%clean
- Piotroski F-Score
- 1/8weak
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.
Signs
● 3 severe● 2 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- 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, 2026
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2022
- NT 10-Kmissed a reporting deadline ↗May 14, 2020
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2018
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2018
- NT 10-Qmissed a reporting deadline ↗May 16, 2018
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.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Wendy Beplate Irrevocable TrustActivist (13D)Dec 19, 2024
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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Thom Brian DavidOfficer — Chief Executive Officer | Apr 8, 2025 | Buy | 32,000 | $0.24 |
| Thom Brian DavidOfficer — Chief Executive Officer | Mar 31, 2025 | Buy | 18,000 | $0.26 |
| Thom Brian DavidOfficer — Chief Executive Officer | May 12, 2023 | Sell | 300,000 | $0.19 |
| Thom Brian DavidOfficer — Chief Executive Officer | Apr 17, 2023 | Grant | 309,375 | $0.22 |
| Thom Brian DavidOfficer — Chief Executive Officer | Jan 13, 2023 | Grant | 225,000 | $0.27 |
| Thom Brian DavidOfficer — Chief Executive Officer | Sep 16, 2022 | Grant | 150,000 | $0.30 |
| Thom Brian DavidOfficer — Chief Executive Officer | Jun 2, 2022 | Sell | 127,100 | $0.51 |
| Thom Brian DavidOfficer — Chief Executive Officer | May 4, 2022 | Buy | 300,000 | $0.42 |
| Thom Brian DavidOfficer — Chief Executive Officer | Jan 3, 2022 | Sell | 220,000 | $0.54 |
| Thom Brian DavidOfficer — Chief Executive Officer | Nov 22, 2021 | Option exercise | 300,000 | $0.50 |
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.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| Apr 30, 2026 | 12,410 | 1.0 | -28.1% |
| Apr 15, 2026 | 17,260 | 1.0 | +56.5% |
| Mar 31, 2026 | 11,031 | 1.0 | +44.5% |
| Mar 13, 2026 | 7,635 | 1.0 | -80.5% |
| Feb 27, 2026 | 39,161 | 1.0 | +153.0% |
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- Entered a material agreement · New financial obligation · Unregistered equity saleDec 22, 2025
- Director / officer changeJun 16, 2025
- Other material eventMay 8, 2025
- Other material eventNov 6, 2024
- Entered a material agreementJun 25, 2024
- Entered a material agreement · Other material eventJan 31, 2023
- Entered a material agreement · Other material eventSep 7, 2022
- Regulation FD disclosureJul 19, 2022
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 ↗- 424B3May 22, 2026
- 10-QFORM 10-QMay 15, 2026
- EFFECTMay 14, 2026
- 424B3May 14, 2026
- POS AMMay 11, 2026
- 10-KFORM 10-KApr 15, 2026
- NT 10-KMar 31, 2026
- EFFECTJan 30, 2026
- S-1FORM S-1Jan 15, 2026
- 8-KFORM 8-KDec 22, 2025
- 10-QFORM 10-QNov 14, 2025
- 10-QFORM 10-QAug 14, 2025
- 8-KFORM 8-KJun 16, 2025
- 8-KFORM 8-KMay 8, 2025
- 10-QFORM 10-QMay 5, 2025
Event-driven situations (2)
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