Event-Driven Stocks

FINJAN HOLDINGS, INC.

Financials · Patent Owners & Lessors · DE · SEC filings ↗ · Compare ⊕

Signs3 good4 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY19FY18FY17FY16FY15FY14
Revenue$13.2M$82.3M$50.5M$18.4M
Operating income−$22.4M$32.7M$14.4M$353,000−$13.9M−$9.6M
Net income−$16.5M$20.7M$22.8M$350,000−$12.6M−$10.5M
Total assets$50.1M$64.6M$61.2M$18.3M$9.2M$20.7M
Total liabilities$10.9M$9.9M$13.8M$3.9M$2.9M$2.6M
Equity$39.2M$54.7M$28.5M$886,000$6.3M$18.1M
EPS (diluted)$-0.60$0.70$0.68$-0.28$-0.56
Shares out.27.6M27.7M23.1M22.7M22.5M22.4M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2019
Operating margin
−170.4%
Net margin
−125.4%
Return on equity
−42.1%
Return on assets
−32.9%
Return on capital (ROCE)
−52.4%
Liabilities / assets
21.8%
Debt / equity
0.28×
Book value / share
$1.42
Revenue growth (YoY)
−84.0%
Net income growth (YoY)
−179.5%

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 · FY2019
Altman Z″ (distress)
5.18safe
Accruals / assets
13.2%clean
Beneish M-Score
-5.63normal
Piotroski F-Score
2/9weak

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 Score
40
/ 100
Profitability 0Growth 0Catalyst 33Earnings quality 67Financial strength 100

Our 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

1 severe4 warning3 good
  • 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
  • Negative operating cash flow
  • Conservative leverage (liabilities < 50% of assets)
  • Clean earnings (low accruals)
  • Altman Z″ in the safe zone

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

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

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)

Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.