VirtualScopics, Inc.
Healthcare · Surgical & Medical Instruments & Apparatus · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY15 | FY14 | FY13 | FY12 | FY11 | FY10 | |
|---|---|---|---|---|---|---|
| Revenue | $12.7M | $10.5M | $11.2M | $13.0M | $14.3M | $13.4M |
| Operating income | −$992,615 | −$3.4M | −$2.8M | −$1.3M | $47,588 | $872,243 |
| Net income | −$1.0M | −$3.4M | −$2.7M | −$1.5M | $703,295 | −$629,042 |
| Total assets | $7.1M | $7.8M | $11.0M | $12.6M | $10.7M | $9.7M |
| Total liabilities | $3.3M | $3.0M | — | — | — | — |
| Equity | $3.8M | $4.8M | $8.3M | $10.8M | $8.5M | $5.0M |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 3.0M | 3.0M | 29.8M | 29.4M | 29.4M | 27.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2015- Operating margin
- −7.8%
- Net margin
- −8.2%
- Return on equity
- −27.4%
- Return on assets
- −14.7%
- Return on capital (ROCE)
- −24.4%
- Liabilities / assets
- 46.5%
- Debt / equity
- 0.87×
- Book value / share
- $1.27
- Revenue growth (YoY)
- 21.7%
- 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 · FY2015- Altman Z″ (distress)
- -5.78distress
- Accruals / assets
- 4.1%clean
- Beneish M-Score
- -2.04normal
- Piotroski F-Score
- 3/9weak
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.
Signs
● 2 severe● 3 warning● 3 good- 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
- Negative operating cash flow
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- 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 ↗Jul 14, 2005
- NT 10-Qmissed a reporting deadline ↗Apr 13, 2005
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- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsMay 12, 2016
- Regulation FD disclosureMar 29, 2016
- Entered a material agreement · Results of operations · Amended charter or bylaws · Regulation FD disclosureMar 25, 2016
- Entered a material agreement · Other material eventJan 22, 2016
- Director / officer changeDec 21, 2015
- Regulation FD disclosureNov 3, 2015
- Results of operations · Regulation FD disclosureOct 29, 2015
- Regulation FD disclosureAug 17, 2015
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 ↗- 15-12GMay 23, 2016
- 4PRIMARY DOCUMENTMay 12, 2016
- 4PRIMARY DOCUMENTMay 12, 2016
- 4PRIMARY DOCUMENTMay 12, 2016
- 4PRIMARY DOCUMENTMay 12, 2016
- 4PRIMARY DOCUMENTMay 12, 2016
- 8-KMay 12, 2016
- 4PRIMARY DOCUMENTMay 12, 2016
- 4PRIMARY DOCUMENTMay 12, 2016
- 4PRIMARY DOCUMENTMay 12, 2016
- 4PRIMARY DOCUMENTMay 12, 2016
- 10-QFORM 10-QMay 11, 2016
- S-8 POSMay 11, 2016
- S-8 POSMay 11, 2016
- SC 13D/AAMENDMENT NO. 2May 11, 2016
Event-driven situations (1)
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