Xhibit Corp.
Industrials · Services-Advertising · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY13 | FY12 | FY11 | FY10 | |
|---|---|---|---|---|
| Revenue | $3.8M | $9.8M | $6.4M | — |
| Operating income | — | — | — | — |
| Net income | −$1.1M | −$394,310 | −$336,003 | −$33,406 |
| Total assets | $87.4M | $5.4M | $1.2M | $478 |
| Total liabilities | $77.2M | $2.3M | $725,564 | — |
| Equity | $10.2M | $3.0M | $499,381 | −$548,644 |
| EPS (diluted) | — | $-0.01 | $-0.01 | — |
| Shares out. | 67.4M | 11.2M | 66.6M | 1.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2013- Operating margin
- —
- Net margin
- −28.5%
- Return on equity
- −10.5%
- Return on assets
- −1.2%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 88.3%
- Debt / equity
- 7.56×
- Book value / share
- $0.15
- Revenue growth (YoY)
- −61.5%
- 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 · FY2013- Accruals / assets
- −11.8%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● 3 warning● 2 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Positive operating cash flow
- 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 12, 2014
- NT 10-Kmissed a reporting deadline ↗Mar 17, 2014
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2013
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2013
- NT 10-Qmissed a reporting deadline ↗May 16, 2013
- NT 10-Kmissed a reporting deadline ↗Apr 2, 2013
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 |
|---|---|---|---|---|
| Staudohar James DDirector | Oct 29, 2014 | Grant | 75,000 | $0.00 |
| Wiley ScottOfficer — CFO AND ACTING CEO | Oct 29, 2014 | Grant | 478,874 | $0.00 |
| Franke David ParkerDirector | Oct 29, 2014 | Grant | 75,000 | $0.00 |
| Najafi Jahm JDirector | Oct 13, 2014 | Sell | 14.7M | $0.58 |
| Richarde Christaofer10% owner | Jul 29, 2013 | Sell | 5.0M | $0.10 |
| Najafi Jahm JDirector | Jan 31, 2014 | Buy | 393,701 | $1.27 |
| Schifsky Michael JOfficer — Senior VP | Sep 30, 2013 | Grant | 136,000 | $0.00 |
| Wiley ScottOfficer — CFO | Sep 30, 2013 | Grant | 136,000 | $0.00 |
| Softic DzenisOfficer — CTO, Xhibit Interactive, LLC | Sep 30, 2013 | Grant | 36,000 | $0.00 |
| Pasqualini MircoOfficer — Chief Creative Officer | Sep 30, 2013 | Grant | 112,000 | $0.00 |
| Najafi Jahm JDirector | Sep 18, 2013 | Buy | 15.0M | $0.03 |
| Xse, Llc10% owner | Jun 25, 2013 | Buy | 2.7M | — |
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- Bankruptcy or receivershipSep 2, 2015
- Other material eventJul 30, 2015
- Entered a material agreement · Completed an acquisition or dispositionApr 7, 2015
- Director / officer changeFeb 10, 2015
- Bankruptcy or receivership · Regulation FD disclosureJan 23, 2015
- Regulation FD disclosureJan 16, 2015
- Terminated a material agreementDec 16, 2014
- Director / officer changeNov 26, 2014
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 ↗- REVOKEDApr 17, 2019
- 8-KFORM 8-KSep 2, 2015
- 8-KJul 30, 2015
- 8-KFORM 8-KApr 7, 2015
- 8-KFORM 8KFeb 10, 2015
- 8-KFORM 8-KJan 23, 2015
- 8-KFORM 8-KJan 16, 2015
- 8-KDec 16, 2014
- 8-KFORM 8-KNov 26, 2014
- 4Nov 25, 2014
- 4Nov 25, 2014
- 4Nov 25, 2014
- 10-QFORM 10-QNov 17, 2014
- 8-KNov 17, 2014
- 8-K/AFORM 8-K/ANov 14, 2014