TAP REAL ESTATE TECHNOLOGIES, INC.
RWAXOTCIndustrials · Wholesale-Durable Goods · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $1.0M | $454,080 | $1.4M |
| Operating income | −$7.6M | −$8.3M | −$10.1M | −$37.7M | −$28.3M |
| Net income | −$16.0M | −$14.4M | −$4.3M | −$48.6M | −$49.7M |
| Total assets | $1.4M | $23.2M | $1.5M | $3.8M | $10.8M |
| Total liabilities | $4.2M | $26.7M | $5.6M | $39.1M | $27.2M |
| Equity | −$2.9M | −$3.5M | −$4.1M | −$35.3M | −$16.5M |
| EPS (diluted) | $0.00 | $0.00 | $0.00 | $-0.03 | $-0.05 |
| Shares out. | 39.79B | 12.96B | 3.01B | 2.18B | 1.02B |
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
- 556.5%
- Return on assets
- −1178.4%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 311.7%
- Debt / equity
- —
- Book value / share
- $-0.00
- 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)
- -376.59distress
- Accruals / assets
- −1056.2%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 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
● 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-Qmissed a reporting deadline ↗May 15, 2025
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2025
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2024
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2024
- NT 10-Qmissed a reporting deadline ↗May 15, 2024
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2023
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- Bru LlcPassive (13G)Nov 13, 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 |
|---|---|---|---|---|
| Dcr, Llc10% owner | Aug 29, 2008 | Grant | 2.5M | $0.01 |
| Boucher Henry J JrOfficer — Chief Executive Officer | Aug 29, 2008 | Grant | 2.5M | $0.01 |
| Dcr, Llc10% owner | Aug 29, 2008 | Grant | 2.5M | $0.01 |
| Boucher Henry J JrDirector | Jul 11, 2008 | Grant | 324,100 | $0.01 |
| Boucher Henry J JrOfficer — Chief Executive Officer | May 18, 2007 | Grant | 1,000 | $0.93 |
| Boucher Henry J JrOfficer — Chief Executive Officer | Dec 13, 2006 | Buy | 5,000 | $0.65 |
| Boucher Henry J JrOfficer — Chief Executive Officer | Dec 13, 2006 | Gift | 14,000 | $2.45 |
| Boucher Henry J JrOfficer — Chief Executive Officer | Nov 27, 2006 | Buy | 1,500 | $1.70 |
| Boucher Henry J JrOfficer — Chief Executive Officer | Aug 28, 2006 | Buy | 1,000 | $1.90 |
| Boucher Henry J JrOfficer — Chief Executive Officer | Aug 25, 2006 | Buy | 1,000 | $1.75 |
| Boucher Henry J JrOfficer — Chief Executive Officer | Aug 21, 2006 | Buy | 1,000 | $1.95 |
| Boucher Paul FOfficer — Sr. Vice President | Aug 23, 2006 | Buy | 600 | $1.75 |
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 |
|---|---|---|---|
| May 15, 2026 | 5.9M | 1.0 | +43.9% |
| Apr 30, 2026 | 4.1M | 1.0 | +61.0% |
| Apr 15, 2026 | 2.5M | 1.0 | -89.7% |
| Mar 31, 2026 | 24.7M | 1.0 | +792.4% |
| Mar 13, 2026 | 2.8M | 1.0 | -41.2% |
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 agreementMay 29, 2026
- Entered a material agreementApr 6, 2026
- Entered a material agreementMar 30, 2026
- Entered a material agreement · Director / officer changeDec 31, 2025
- Entered a material agreement · Director / officer change · Regulation FD disclosureSep 17, 2025
- Entered a material agreementJul 25, 2025
- Entered a material agreement · Regulation FD disclosureApr 9, 2025
- Entered a material agreement · Regulation FD disclosureMar 18, 2025
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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