AIRXPANDERS INC
Healthcare · Orthopedic, Prosthetic & Surgical Appliances & Supplies · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY18 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|
| Revenue | $7.8M | $3.9M | $570,000 | $293,000 |
| Operating income | −$24.7M | −$28.4M | −$19.1M | −$11.1M |
| Net income | −$26.7M | −$29.0M | −$19.4M | −$11.2M |
| Total assets | $24.0M | $37.3M | $15.5M | — |
| Total liabilities | $19.5M | $20.5M | $3.4M | — |
| Equity | $4.5M | $16.8M | $12.2M | $17.0M |
| EPS (diluted) | — | — | — | — |
| Shares out. | 95.9M | — | — | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2018- Operating margin
- −315.9%
- Net margin
- −341.8%
- Return on equity
- −590.4%
- Return on assets
- −111.3%
- Return on capital (ROCE)
- −127.1%
- Liabilities / assets
- 81.1%
- Debt / equity
- 4.30×
- Book value / share
- $0.05
- Revenue growth (YoY)
- 100.1%
- 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 · FY2018- Altman Z″ (distress)
- -18.96distress
- Accruals / assets
- −2.9%clean
- 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 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
● 1 severe● 4 warning● 2 good- Altman Z″ in the distress zone
- Operating losses (negative operating margin)
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- 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.
Material events
SEC Form 8-K · most recent- Bankruptcy or receivership · Director / officer change · Other material eventJul 25, 2019
- Costs from exit or disposal · Other material eventJul 17, 2019
- Other material eventJul 16, 2019
- Director / officer changeJul 15, 2019
- Other material eventJul 10, 2019
- Results of operationsJul 8, 2019
- Entered a material agreementJun 24, 2019
- Director / officer changeMay 29, 2019
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 7, 2021
- SEC STAFF ACTIONMar 16, 2020
- 8-KFORM 8-KJul 25, 2019
- 8-KFORM 8-KJul 17, 2019
- 8-KFORM 8-KJul 16, 2019
- 8-KFORM 8-KJul 15, 2019
- 8-KFORM 8-KJul 10, 2019
- 8-KFORM 8-KJul 8, 2019
- 8-KFORM 8-KJun 24, 2019
- 8-KFORM 8-KMay 29, 2019
- 10-QFORM 10-QMay 15, 2019
- 8-KFORM 8-KMay 3, 2019
- 10-K/AFORM 10-K/AApr 26, 2019
- S-1FORM S-1Apr 19, 2019
- 8-KFORM 8-KApr 2, 2019
Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.