ABAKAN, INC
Industrials · Coating, Engraving & Allied Services · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY15 | FY14 | FY13 | FY12 | FY11 | |
|---|---|---|---|---|---|
| Revenue | $1.0M | $853,566 | $1.8M | $2.9M | — |
| Operating income | −$6.5M | −$6.9M | −$6.8M | −$3.5M | −$2.7M |
| Net income | −$7.5M | −$6.0M | −$7.2M | −$1.1M | −$3.2M |
| Total assets | $14.2M | $14.7M | $16.6M | $15.2M | $4.9M |
| Total liabilities | $11.4M | $9.4M | $7.0M | $4.7M | $1.9M |
| Equity | $2.8M | $5.3M | $9.6M | $10.5M | $3.0M |
| EPS (diluted) | $-0.09 | $-0.09 | $-0.12 | $-0.02 | $-0.06 |
| Shares out. | 79.5M | 68.4M | 64.3M | 61.5M | 59.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2015- Operating margin
- −624.1%
- Net margin
- −716.5%
- Return on equity
- −265.2%
- Return on assets
- −52.4%
- Return on capital (ROCE)
- −227.3%
- Liabilities / assets
- 80.2%
- Debt / equity
- 4.06×
- Book value / share
- $0.04
- Revenue growth (YoY)
- 21.8%
- 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 · FY2015- Altman Z″ (distress)
- -14.16distress
- Accruals / assets
- −27.9%clean
- Beneish M-Score
- -3.97normal
- Piotroski F-Score
- 3/9weak
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 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. What these scores mean →
Signs
● 2 severe● 4 warning● 2 good- 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
- 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-Kmissed a reporting deadline ↗Aug 31, 2015
- NT 10-Qmissed a reporting deadline ↗Apr 14, 2015
- NT 10-Qmissed a reporting deadline ↗Oct 15, 2014
- NT 10-Kmissed a reporting deadline ↗Aug 29, 2014
- NT 10-Qmissed a reporting deadline ↗Apr 9, 2014
- NT 10-Qmissed a reporting deadline ↗Oct 10, 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 |
|---|---|---|---|---|
| Maz Maria Camila10% owner | Jan 23, 2015 | Gift | 20,000 | $0.32 |
| Goss Stephen CharlesOfficer — CHIEF OPERATING OFFICER | Nov 26, 2014 | Grant | 125,000 | $0.40 |
| Charbonneau David GordonOfficer — CHIEF FINANCIAL OFFICER | Jan 27, 2014 | Grant | 16,949 | $1.18 |
| Maz Maria Camila10% owner | May 31, 2013 | Gift | 1.4M | $3.02 |
| Miller Robert HillisOfficer — CHIEF EXECUTIVE OFFICER | May 31, 2013 | Gift | 1.4M | $3.02 |
| Goss Stephen CharlesDirector | Feb 1, 2013 | Grant | 20,000 | $2.68 |
| Charbonneau David GordonDirector | Jun 15, 2012 | Grant | 10,000 | $0.00 |
| Miller Robert HillisOfficer — CEO, CFO, PAO | Apr 4, 2012 | Gift | 50,000 | $1.64 |
| Maz Maria Camila10% owner | Apr 4, 2012 | Gift | 50,000 | $1.64 |
| Buschor HermannDirector | Oct 11, 2010 | Buy | 30,000 | $1.00 |
| Sullivan Mark WOfficer — CEO CFO | May 23, 2011 | Buy | 123,800 | $1.30 |
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- Entered a material agreement · Bankruptcy or receivership · Regulation FD disclosureJan 21, 2016
- Bankruptcy or receivership · Other material eventDec 18, 2015
- Bankruptcy or receivership · Other material eventNov 25, 2015
- Other material eventOct 9, 2015
- Director / officer changeSep 28, 2015
- Bankruptcy or receivership · Regulation FD disclosureSep 25, 2015
- Other material eventAug 21, 2015
- Entered a material agreement · Changed auditor · Regulation FD disclosureJul 30, 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 ↗- REVOKEDMay 17, 2018
- SC 13GSCHEDULE 13GJun 30, 2016
- SC 13GNONEApr 18, 2016
- 8-KABAKAN 8-K FINAL SETTLEMENTJan 21, 2016
- 8-KABAKAN 8-K BANKRUPTCYDec 18, 2015
- SC 13GDec 7, 2015
- 8-KABAKAN 8-K BANRUPTCYNov 25, 2015
- 8-KABAKAN NOTE OF SUBPOENASOct 9, 2015
- 8-KABAKAN 8-K TELLINISep 28, 2015
- 8-KSep 25, 2015
- 10-K/AABAKAN AMENDMENT 10-K MAY 31ST 2015Sep 17, 2015
- 10-KABAKAN 10-K MAY 31ST 2015Sep 15, 2015
- NT 10-KABAKAN EXT FILING 10-KAug 31, 2015
- 8-KABAKAN 8-K JUDGEMENTAug 21, 2015
- 8-KABAKAN 8-K AGREEMENT AUDITOR CHANGEJul 30, 2015
Event-driven situations (1)
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