Event-Driven Stocks

Ayala Pharmaceuticals, Inc.

ADXS

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

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Signs2 good4 warning2 severedetails ↓

Financials

SEC XBRL · annual
 FY23FY22FY21FY20FY19FY18
Revenue$13,000$250,000$3.2M$253,000$20.9M$6.1M
Operating income−$36.3M−$37.5M−$18.8M−$26.4M−$18.0M−$70.4M
Net income−$48.1M−$38.0M−$17.9M−$26.5M−$16.6M−$66.5M
Total assets$16.6M$7.8M$46.8M$38.5M$45.3M$62.3M
Total liabilities$2.3M$7.9M$8.3M$5.7M$38.2M
Equity−$24.4M−$1.1M$34.2M$30.2M$39.5M$24.1M
EPS (diluted)$-7.99$-13.13$-11.07
Shares out.4.8M145.6M112.0M78.1M50.2M69.7M

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
−278969.2%
Net margin
−369784.6%
Return on equity
196.9%
Return on assets
−290.0%
Return on capital (ROCE)
Liabilities / assets
Debt / equity
Book value / share
$-5.05
Revenue growth (YoY)
−94.8%
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
Accruals / assets
112.1%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 Score
25
/ 100
Profitability 25Growth 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

2 severe4 warning2 good
  • Negative shareholder equity
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Revenue declined year-over-year
  • 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.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
Jan 30, 2026231.00.0%
Jan 15, 2026231.00.0%
Dec 31, 2025231.00.0%
Dec 15, 2025231.00.0%
Nov 28, 2025231.00.0%

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

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)

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