Sebring Software, Inc.
Healthcare · Services-Offices & Clinics of Doctors of Medicine · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY14 | FY13 | FY12 | FY11 | FY10 | |
|---|---|---|---|---|---|
| Revenue | $20.0M | $9.2M | $0 | — | — |
| Operating income | −$7.8M | −$3.9M | −$951,977 | −$836,156 | −$912,916 |
| Net income | −$8.0M | −$8.6M | −$1.9M | −$2.7M | −$1.2M |
| Total assets | $20.2M | $30.8M | $125,342 | $192,415 | $16,375 |
| Total liabilities | $34.5M | $37.8M | $6.5M | $5.8M | $4.5M |
| Equity | −$16.4M | −$8.9M | −$6.6M | −$5.6M | −$4.5M |
| EPS (diluted) | — | — | — | — | — |
| Shares out. | 67.1M | 49.5M | 48.8M | 0 | 35.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2014- Operating margin
- −39.1%
- Net margin
- −40.2%
- Return on equity
- 49.1%
- Return on assets
- −39.8%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 170.7%
- Debt / equity
- —
- Book value / share
- $-0.24
- Revenue growth (YoY)
- 117.3%
- 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 · FY2014- Altman Z″ (distress)
- -13.73distress
- Accruals / assets
- −37.6%clean
- 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.
Signs
● 3 severe● 4 warning● 3 good- Negative shareholder equity
- 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
- Strong return on equity (>15%)
- 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 ↗Mar 31, 2015
- NT 10-Qmissed a reporting deadline ↗May 14, 2013
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2013
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2012
- NT 10-Qmissed a reporting deadline ↗Aug 9, 2012
- NT 10-Qmissed a reporting deadline ↗May 10, 2012
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 |
|---|---|---|---|---|
| Stevenson James Ernest | Dec 14, 2009 | Sell | 1,000 | $0.78 |
| Miller Joseph | Sep 17, 2010 | Sell | 1.3M | $0.05 |
| Miller Timothy | Sep 17, 2010 | Sell | 1.8M | $0.05 |
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 receivership · Debt acceleration / triggering eventAug 27, 2015
- Director / officer changeApr 27, 2015
- Director / officer changeFeb 10, 2015
- Other material eventOct 15, 2014
- Regulation FD disclosureJul 9, 2014
- Director / officer changeMar 31, 2014
- Entered a material agreement · Completed an acquisition or disposition · New financial obligationJan 8, 2014
- Entered a material agreement · Completed an acquisition or disposition · New financial obligationJan 8, 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 29, 2019
- 8-KFORM 8-KAug 27, 2015
- 10-QFORM 10-QMay 14, 2015
- 8-KFORM 8-KApr 27, 2015
- 10-KApr 15, 2015
- NT 10-KMar 31, 2015
- 8-KFORM 8-KFeb 10, 2015
- 10-QNov 13, 2014
- UPLOADNov 5, 2014
- 8-KFORM 8-KOct 15, 2014
- CORRESPOct 9, 2014
- UPLOADSep 26, 2014
- CORRESPAug 29, 2014
- UPLOADAug 21, 2014
- 10-QAug 14, 2014
Event-driven situations (1)
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