POSITIVEID Corp
Healthcare · Laboratory Analytical Instruments · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | |
|---|---|---|---|---|---|---|
| Revenue | $5.4M | $5.6M | $2.9M | $945,000 | $0 | $0 |
| Operating income | −$4.8M | −$7.1M | −$4.4M | −$4.3M | −$5.0M | −$7.8M |
| Net income | −$8.7M | −$13.1M | −$11.4M | −$7.2M | −$4.3M | −$8.0M |
| Total assets | $1.7M | $2.6M | $4.7M | $1.0M | $1.4M | $2.4M |
| Total liabilities | $11.4M | $11.4M | $16.5M | $9.5M | $6.3M | — |
| Equity | −$9.6M | −$8.9M | −$11.8M | −$8.4M | −$4.9M | −$3.8M |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 6.04B | 499.0M | 221.4M | 70.5M | 364.7M | 107.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2017- Operating margin
- −90.4%
- Net margin
- −163.0%
- Return on equity
- 90.9%
- Return on assets
- −506.3%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 662.4%
- Debt / equity
- —
- Book value / share
- $-0.00
- Revenue growth (YoY)
- −3.6%
- 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 · FY2017- Altman Z″ (distress)
- -373.49distress
- Accruals / assets
- −331.4%clean
- Beneish M-Score
- -18.80normal
- Piotroski F-Score
- 4/9mixed
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-Qmissed a reporting deadline ↗May 15, 2018
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2016
- NT 10-Kmissed a reporting deadline ↗Mar 30, 2016
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2014
- NT 10-Qmissed a reporting deadline ↗May 15, 2014
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2014
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- Director / officer changeAug 6, 2018
- Debt acceleration / triggering event · Material impairmentJul 25, 2018
- Entered a material agreementJun 22, 2018
- Regulation FD disclosureApr 26, 2018
- Amended charter or bylaws · Other material eventApr 17, 2018
- Entered a material agreement · New financial obligation · Unregistered equity saleFeb 23, 2018
- Entered a material agreement · New financial obligation · Unregistered equity saleFeb 9, 2018
- Entered a material agreement · Completed an acquisition or disposition · New financial obligation · Unregistered equity saleFeb 2, 2018
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 ↗- REVOKEDMar 27, 2020
- 5PRIMARY DOCUMENTApr 4, 2019
- 5PRIMARY DOCUMENTApr 4, 2019
- 5PRIMARY DOCUMENTApr 4, 2019
- RWAug 23, 2018
- 8-KAug 6, 2018
- 8-KJul 25, 2018
- 8-KJun 22, 2018
- 10-QMay 18, 2018
- NT 10-QMay 15, 2018
- 8-KApr 26, 2018
- 8-KApr 17, 2018
- 10-KApr 2, 2018
- 8-KFeb 23, 2018
- 8-KFeb 9, 2018
Event-driven situations (1)
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