Grapefruit USA, Inc
Healthcare · X-Ray Apparatus & Tubes & Related Irradiation Apparatus · CA · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | |
|---|---|---|---|---|---|---|
| Revenue | $588,957 | $3.7M | $451,196 | $181,502 | $41,829 | $33,083 |
| Operating income | −$2.4M | −$1.2M | −$1.9M | −$268,321 | −$1.6M | −$2.7M |
| Net income | −$5.5M | −$4.1M | −$4.6M | −$366,506 | $2.9M | −$6.8M |
| Total assets | $2.8M | $3.0M | $2.7M | $1.9M | $3,594 | $22,638 |
| Total liabilities | $8.6M | $7.7M | $7.2M | $1.7M | $3.7M | $8.2M |
| Equity | −$5.8M | −$4.7M | −$4.4M | $194,535 | −$3.7M | −$8.1M |
| EPS (diluted) | — | — | — | $-0.25 | $0.18 | $-0.64 |
| Shares out. | 510.8M | 494.8M | 49.7M | 32.7M | 259.6M | 192.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2021- Operating margin
- −410.1%
- Net margin
- −934.6%
- Return on equity
- 94.8%
- Return on assets
- −195.5%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 306.5%
- Debt / equity
- —
- Book value / share
- $-0.01
- Revenue growth (YoY)
- −84.0%
- 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 · FY2021- Altman Z″ (distress)
- -42.23distress
- Accruals / assets
- −152.7%clean
- Piotroski F-Score
- 1/9weak
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● 5 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- 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
- 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 30, 2023
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2022
- NT 10-Qmissed a reporting deadline ↗Aug 16, 2022
- NT 10-Qmissed a reporting deadline ↗May 17, 2022
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2022
- NT 10-Qmissed a reporting deadline ↗Nov 16, 2021
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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Yourist Bradley JOfficer — Chairman and CEO | Mar 4, 2022 | Sell | 23,000 | $0.02 |
| Yourist Daniel J.Officer — COO | Mar 3, 2022 | Sell | 100,000 | $0.03 |
| Yourist Bradley JOfficer — Chairman and CEO | Feb 15, 2022 | Sell | 100,000 | $0.03 |
| Yourist Bradley JOfficer — Chairman and CEO | Feb 1, 2022 | Sell | 100,000 | $0.02 |
| Yourist Daniel J.Officer — COO | Jan 18, 2022 | Sell | 100,000 | $0.02 |
| Yourist Bradley JOfficer — Chairman and CEO | Jan 18, 2022 | Sell | 100,000 | $0.02 |
| Yourist Daniel J.Officer — COO | Dec 23, 2021 | Sell | 100,000 | $0.03 |
| Yourist Bradley JOfficer — Chairman and CEO | Dec 23, 2021 | Sell | 100,000 | $0.03 |
| Yourist Bradley JOfficer — Chairman and CEO | Dec 15, 2021 | Sell | 100,000 | $0.03 |
| Yourist Daniel J.Officer — COO | Dec 15, 2021 | Sell | 100,000 | $0.03 |
| Yourist Bradley JOfficer — Chairman and CEO | Dec 9, 2021 | Sell | 100,000 | $0.03 |
| Yourist Daniel J.Officer — COO | Dec 9, 2021 | Sell | 88,359 | $0.03 |
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.
Material events
SEC Form 8-K · most recent- Changed auditorDec 21, 2022
- Modified shareholder rights · Amended charter or bylawsOct 20, 2022
- Entered a material agreementJul 5, 2022
- Entered a material agreementMar 28, 2022
- Prior financials not reliable (restatement)Jan 24, 2022
- Entered a material agreementOct 15, 2021
- Other material eventApr 16, 2021
- Director / officer changeApr 6, 2021
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 (2)
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