Event-Driven Stocks

MANHATTAN SCIENTIFICS INC

Technology · Miscellaneous Electrical Machinery, Equipment & Supplies · DE · SEC filings ↗ · Compare ⊕

Signs● 2 good● 3 warning● 3 severedetails ↓

Financials

SEC XBRL · annual
 FY23FY22FY21FY20FY19FY18
Revenue$0$50,000$50,000$50,000$97,000—
Operating income−$703,000−$679,000−$687,000−$675,000−$1.0M−$1.4M
Net income−$1.2M−$2.7M−$3.6M$4.3M−$1.2M−$8.3M
Total assets$316,000$1.0M$3.5M$6.8M$2.2M$2.7M
Total liabilities$2.1M$1.7M$1.4M$1.1M$2.2M$1.8M
Equity−$2.9M−$1.7M$1.0M$4.7M−$1.0M−$150,000
EPS (diluted)$0.00$0.00$-0.01$0.01$0.00$-0.02
Shares out.559.3M559.3M559.3M557.8M533.8M533.8M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2023
Operating margin
—
Net margin
—
Return on equity
40.7%
Return on assets
−368.7%
Return on capital (ROCE)
—
Liabilities / assets
670.3%
Debt / equity
—
Book value / share
$-0.01
Revenue growth (YoY)
−100.0%
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 · FY2023
Altman Z″ (distress)
-805.97distress
Accruals / assets
−308.5%clean
Piotroski F-Score
2/8weak

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 Score
30
/ 100
Profitability 50Growth 0Catalyst 33Earnings quality 67Financial strength 0

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

● 3 severe● 3 warning● 2 good
  • Negative shareholder equity
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • 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

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.

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 ↗

Event-driven situations (1)