COMSovereign Holding Corp.
Technology · Communications Equipment, NEC · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | |
|---|---|---|---|---|---|---|
| Revenue | $9.9M | $9.1M | $9.4M | $4.7M | $2.7M | $562,078 |
| Operating income | — | −$145.5M | −$27.2M | −$20.3M | −$8.1M | −$9.8M |
| Net income | −$79.7M | −$153.0M | −$37.1M | −$27.5M | −$8.5M | −$10.3M |
| Total assets | $24.9M | $88.5M | $130.9M | $120.0M | $3.6M | $3.1M |
| Total liabilities | $39.9M | $40.4M | $37.3M | $17.0M | $2.5M | $5.4M |
| Equity | −$15.0M | $48.2M | $93.5M | $102.9M | $1.1M | −$2.3M |
| EPS (diluted) | — | $-2.20 | $-0.82 | $-1.70 | — | — |
| Shares out. | 96.4M | 66.3M | 128.8M | 27.7M | 9.2M | 8.7M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- —
- Net margin
- −807.0%
- Return on equity
- 531.4%
- Return on assets
- −319.9%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 160.2%
- Debt / equity
- —
- Book value / share
- $-0.16
- Revenue growth (YoY)
- 9.0%
- 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 · FY2022- Accruals / assets
- −281.7%clean
- Beneish M-Score
- -16.44normal
- 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
● 2 severe● 3 warning● 3 good- Negative shareholder equity
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- 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, 2023
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2022
- NT 10-Qmissed a reporting deadline ↗Nov 13, 2020
- NT 10-Kmissed a reporting deadline ↗May 14, 2020
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2013
- NT 10-Qmissed a reporting deadline ↗Nov 16, 2009
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- Delisting / listing-standard noticeFeb 2, 2024
- Delisting / listing-standard noticeJan 26, 2024
- Other material eventJan 10, 2024
- Delisting / listing-standard noticeDec 22, 2023
- Delisting / listing-standard noticeDec 18, 2023
- Modified shareholder rightsNov 24, 2023
- Delisting / listing-standard noticeNov 22, 2023
- Delisting / listing-standard noticeOct 20, 2023
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 ↗- 15-12GFORM 15-12GMar 28, 2024
- 25-NSEMar 21, 2024
- 8-KCURRENT REPORTFeb 2, 2024
- 8-KCURRENT REPORTJan 26, 2024
- 8-KCURRENT REPORTJan 10, 2024
- 10-QQUARTERLY REPORTJan 9, 2024
- 10-QQUARTERLY REPORTJan 9, 2024
- 10-QQUARTERLY REPORTJan 9, 2024
- 8-KCURRENT REPORTDec 22, 2023
- 8-KCURRENT REPORTDec 18, 2023
- 10-KANNUAL REPORTDec 7, 2023
- 8-KCURRENT REPORTNov 24, 2023
- 8-KCURRENT REPORTNov 22, 2023
- 8-KCURRENT REPORTOct 20, 2023
- 8-KCURRENT REPORTOct 19, 2023
Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.