Event-Driven Stocks

Orexigen Therapeutics, Inc.

Healthcare · Pharmaceutical Preparations · DE · SEC filings ↗ · Compare ⊕

Signs1 good4 warningdetails ↓

Financials

SEC XBRL · annual
 FY16FY15FY14FY13FY12FY11
Revenue$33.7M$24.5M$55.5M$3.4M$3.4M$4.4M
Operating income−$57.0M−$60.1M−$30.5M−$77.2M−$90.2M−$27.9M
Net income−$24.5M−$68.7M−$37.5M−$77.7M−$90.1M−$28.1M
Total assets$304.6M$236.3M$213.0M$180.1M$139.2M$149.7M
Total liabilities
Equity$57.0M$33.4M$22.3M$41.9M$75.5M$99.7M
EPS (diluted)
Shares out.145.6M123.7M111.5M92.6M67.7M61.3M

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

Key ratios

from filings · FY2016
Operating margin
−169.0%
Net margin
−72.8%
Return on equity
−43.0%
Return on assets
−8.1%
Return on capital (ROCE)
−23.8%
Liabilities / assets
Debt / equity
Book value / share
$0.39
Revenue growth (YoY)
37.8%
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 · FY2016
Accruals / assets
28.0%high accruals
Piotroski F-Score
3/8weak

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
47
/ 100
Profitability 0Growth 100Catalyst 33Earnings quality 0Financial 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

4 warning1 good
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Negative operating cash flow
  • High accruals — earnings-quality risk
  • Revenue is growing year-over-year

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Insider transactions

SEC Form 4 · most recent
0 acquisitions3 disposalsnet 679,694 shares · last 3
InsiderDateTypeSharesPrice
Baupost Group Llc/Ma10% ownerOct 29, 2018Sell650,000$0.01
Baupost Group Llc/Ma10% ownerOct 24, 2018Sell28,000$0.01
Moglia Stephen A.Officer — VP &amp; Chief Accounting OfficerMar 15, 2018Sell1,694$0.24

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

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 (1)

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