Event-Driven Stocks

Rubicon Technology, Inc.

RBCNOTC

Technology · Semiconductors & Related Devices · DE · SEC filings ↗ · Compare ⊕

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Signs3 good4 warning2 severedetails ↓

Financials

SEC XBRL · annual
 FY22FY21FY20FY19FY18FY17
Revenue$3.6M$4.1M$3.6M$3.5M$56,000$394,000
Operating income$585,000−$464,000$530,000−$1.3M$635,000−$17.9M
Net income$935,000−$730,000−$1.1M−$1.1M$963,000−$17.9M
Total assets$6.0M$31.0M$31.2M$34.8M$35.8M$35.0M
Total liabilities$2.8M$1.6M$1.3M
Equity$3.2M$29.4M$29.9M$33.2M$34.6M$33.3M
EPS (diluted)$-0.43$-0.42$0.35$-6.60
Shares out.2.4M2.4M2.7M2.7M2.7M26.9M

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

Key ratios

from filings · FY2022
Operating margin
16.3%
Net margin
26.1%
Return on equity
29.2%
Return on assets
15.7%
Return on capital (ROCE)
12.3%
Liabilities / assets
46.2%
Debt / equity
0.86×
Book value / share
$1.31
Revenue growth (YoY)
−11.7%
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 · FY2022
Altman Z″ (distress)
-177.45distress
Accruals / assets
24.4%high accruals
Beneish M-Score
-0.51elevated
Piotroski F-Score
4/9mixed

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 Score
42
/ 100
Profitability 100Growth 0Catalyst 33Earnings quality 0Financial strength 75

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

2 severe4 warning3 good
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Revenue declined year-over-year
  • Negative operating cash flow
  • High accruals — earnings-quality risk
  • Beneish M-Score elevated — earnings-manipulation screen flag
  • Operating margin is positive
  • Strong return on equity (>15%)
  • Conservative leverage (liabilities < 50% of assets)

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

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
6 acquisitions5 disposalsnet 121,041 shares · last 11
InsiderDateTypeSharesPrice
Brog TimothyDirectorFeb 22, 2023Sell52,624$1.51
Gramm JeffersonDirectorAug 19, 2022Sell3,059$20.00
Brog TimothyOfficer — Chief Executive OfficerAug 19, 2022Sell58,315$20.00
Mikolajczyk Michael EDirectorAug 19, 2022Sell31,851$20.00
Westphal SusanDirectorAug 19, 2022Sell4,472$20.00
Gramm JeffersonDirectorJul 29, 2022Grant1,010$0.00
Mikolajczyk Michael EDirectorJul 29, 2022Grant1,010$0.00
Westphal SusanDirectorJul 29, 2022Grant1,010$0.00
Brog TimothyOfficer — Chief Executive OfficerJul 18, 2022Option exercise12,500$0.00
Brog TimothyOfficer — Chief Executive OfficerJul 13, 2022Option exercise12,500$0.00
Mikolajczyk Michael EDirectorJun 23, 2021Grant1,250$0.00

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.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 20268,0811.0-0.4%
Apr 30, 20268,1132.1+1.5%
Apr 15, 20267,9911.1-0.2%
Mar 31, 20268,00627.7-2.1%
Mar 13, 20268,1778.4-0.4%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

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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