LOGIQ, INC.
LGIQIndustrials · Services-Business Services, NEC · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|---|
| Revenue | $11.7M | $25.7M | $23.0M | $37.9M | $34.6M | $22.7M |
| Operating income | −$16.4M | −$10.0M | −$20.6M | −$14.3M | −$6.6M | −$3.9M |
| Net income | −$20.1M | −$29.5M | −$20.1M | −$14.5M | −$6.5M | −$4.1M |
| Total assets | $651,278 | $15.2M | $34.2M | $29.9M | $11.3M | $5.5M |
| Total liabilities | $1.1M | $7.5M | $4.6M | $6.0M | $875,953 | $379,295 |
| Equity | −$400,680 | $7.7M | $29.6M | $23.9M | $10.5M | $5.1M |
| EPS (diluted) | — | $-1.39 | $-0.95 | $-1.14 | $-1.31 | — |
| Shares out. | 74.4M | 26.2M | 16.8M | 160.6M | 39.6M | 26.8M |
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
- −140.7%
- Net margin
- −172.3%
- Return on equity
- 5015.5%
- Return on assets
- −3085.7%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 161.5%
- Debt / equity
- —
- Book value / share
- $-0.01
- Revenue growth (YoY)
- −54.6%
- 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- Altman Z″ (distress)
- -833.43distress
- Accruals / assets
- −331.5%clean
- 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. 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 29, 2024
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2023
- NT 10-Qmissed a reporting deadline ↗May 15, 2023
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2023
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2022
- NT 10-Kmissed a reporting deadline ↗Mar 28, 2019
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| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 1,809 | 1.8 | 0.0% |
| Apr 30, 2026 | 1,809 | 1000.0 | 0.0% |
| Apr 15, 2026 | 1,809 | 1000.0 | 0.0% |
| Mar 31, 2026 | 1,809 | 1000.0 | 0.0% |
| Mar 13, 2026 | 1,809 | 17.7 | 0.0% |
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- Changed auditorDec 9, 2025
- Entered a material agreementNov 6, 2024
- Prior financials not reliable (restatement)May 1, 2024
- Director / officer changeJan 9, 2024
- Completed an acquisition or disposition · Other material eventNov 3, 2023
- Shareholder vote · Regulation FD disclosureOct 25, 2023
- Regulation FD disclosureOct 2, 2023
- Entered a material agreement · Unregistered equity saleSep 8, 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 ↗- 8-KDec 9, 2025
- 10-QFORM 10-QJan 15, 2025
- 8-KCURRENT REPORTNov 6, 2024
- 10-QFORM 10-QSep 26, 2024
- 10-QFORM 10-QJun 21, 2024
- 10-KFORM 10-QMay 3, 2024
- 10-K/ALGIQ-20221231May 3, 2024
- 10-Q/ALGIQ-20230930May 3, 2024
- 10-Q/ALGIQ-20230630May 3, 2024
- 10-Q/ALGIQ-20230331May 3, 2024
- 8-KFORM 8-KMay 1, 2024
- NT 10-KFORM 12B-25Mar 29, 2024
- SC 13G/AFeb 13, 2024
- 8-KFORM 8-KJan 9, 2024
- 10-QFORM 10-QNov 14, 2023
Event-driven situations (2)
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