LATITUDE 360, INC.
Consumer Discretionary · Retail-Eating Places · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY14 | FY13 | FY12 | FY11 | FY10 | |
|---|---|---|---|---|---|
| Revenue | $17.9M | $121,344 | $140,833 | $89,941 | $94,305 |
| Operating income | −$23.0M | −$14.5M | −$3,729 | −$34,028 | −$26,186 |
| Net income | −$50.3M | −$64.7M | −$3,729 | −$34,030 | — |
| Total assets | $48.0M | $52.0M | $40,540 | $44,287 | $67,066 |
| Total liabilities | $70.8M | $80.0M | $56,629 | $56,647 | $65,396 |
| Equity | −$22.8M | −$28.0M | −$14.3M | −$12,360 | $1,670 |
| EPS (diluted) | — | — | — | $-0.01 | $-0.01 |
| Shares out. | 5.7M | 70.7M | 5.7M | 5.7M | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2014- Operating margin
- −128.5%
- Net margin
- −280.9%
- Return on equity
- 220.4%
- Return on assets
- −104.9%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 147.6%
- Debt / equity
- —
- Book value / share
- $-3.99
- Revenue growth (YoY)
- 14656.0%
- 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 · FY2014- Altman Z″ (distress)
- -21.60distress
- Accruals / assets
- −66.1%clean
- Piotroski F-Score
- 6/9mixed
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.
Signs
● 3 severe● 4 warning● 3 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
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- 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 ↗Nov 17, 2015
- NT 10-Q/Amissed a reporting deadline ↗Aug 18, 2015
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2015
- NT 10-Qmissed a reporting deadline ↗May 18, 2015
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2015
- NT 10-Qmissed a reporting deadline ↗Nov 17, 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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Brown Brent W.Officer — Chief Executive Officer | Aug 28, 2015 | Buy | 150,000 | $0.19 |
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- Director / officer changeFeb 11, 2016
- Terminated a material agreement · Other material eventJan 8, 2016
- Director / officer changeSep 10, 2015
- Terminated a material agreementSep 9, 2015
- Other material eventSep 9, 2015
- Terminated a material agreementSep 4, 2015
- Prior financials not reliable (restatement) · Other material eventAug 20, 2015
- Entered a material agreementJul 20, 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 ↗- REVOKEDSep 10, 2020
- SC 13GNONEApr 25, 2016
- 8-KFORM 8-KFeb 11, 2016
- 8-KFORM 8-KJan 8, 2016
- NT 10-QFORM NT 10-QNov 17, 2015
- SC 13G/ANov 9, 2015
- 8-KFORM 8-KSep 10, 2015
- 8-KFORM 8-KSep 9, 2015
- 8-KFORM 8-KSep 9, 2015
- 8-KFORM 8-KSep 4, 2015
- 4FORM 4Aug 31, 2015
- 10-Q/AFORM 10-Q/AAug 20, 2015
- 10-QFORM 10-QAug 20, 2015
- 8-KFORM 8-KAug 20, 2015
- NT 10-Q/AFORM NT 10-Q/AAug 18, 2015
Event-driven situations (1)
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