TREES Corp (Colorado)
CANNOTCConsumer Discretionary · Retail-Drug Stores and Proprietary Stores · CO · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|---|
| Revenue | $18.1M | $13.4M | $5.9M | $2.4M | $3.7M | $1.7M |
| Operating income | −$4.0M | −$3.2M | −$3.0M | −$5.9M | −$8.9M | −$10.6M |
| Net income | −$7.1M | −$9.5M | −$8.9M | −$7.7M | −$15.5M | −$17.0M |
| Total assets | $23.2M | $31.7M | $22.0M | $8.5M | $3.5M | $10.7M |
| Total liabilities | $23.1M | $25.3M | $12.4M | $7.5M | $9.3M | — |
| Equity | $148,159 | $6.4M | $9.6M | $1.0M | −$5.8M | $4.6M |
| EPS (diluted) | $-0.06 | $-0.10 | $-0.13 | — | — | $-0.49 |
| Shares out. | 118.7M | 96.2M | 62.1M | 40.3M | 39.5M | 36.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- −21.9%
- Net margin
- −39.0%
- Return on equity
- −4780.2%
- Return on assets
- −30.5%
- Return on capital (ROCE)
- −25.0%
- Liabilities / assets
- 99.4%
- Debt / equity
- 155.91×
- Book value / share
- $0.00
- Revenue growth (YoY)
- 34.9%
- 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 · FY2023- Altman Z″ (distress)
- -16.65distress
- Accruals / assets
- −25.6%clean
- Beneish M-Score
- -2.55normal
- 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
● 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 ↗Apr 2, 2024
- NT 10-Qmissed a reporting deadline ↗May 16, 2023
- NT 10-Kmissed a reporting deadline ↗Apr 3, 2023
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2021
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2020
- NT 10-Qmissed a reporting deadline ↗Jun 30, 2020
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.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Troob Capital Advisors LlcPassive (13G)Feb 13, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Williams Carl JDirector | Feb 8, 2024 | Grant | 114,815 | $0.00 |
| Travia Richard C.Director | Feb 8, 2024 | Grant | 214,815 | $0.00 |
| Williams Carl JDirector | Nov 9, 2023 | Grant | 90,909 | $0.00 |
| Travia Richard C.Director | Nov 9, 2023 | Grant | 90,909 | $0.00 |
| Travia Richard C.Director | Jul 31, 2023 | Grant | 165,714 | $0.00 |
| Williams Carl JDirector | Jul 31, 2023 | Grant | 165,714 | $0.00 |
| Travia Richard C.Director | Apr 10, 2023 | Grant | 90,625 | $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| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 2,154 | 1.0 | -83.5% |
| Apr 30, 2026 | 13,047 | 1.0 | -53.9% |
| Apr 15, 2026 | 28,305 | 1.0 | +27.1% |
| Mar 31, 2026 | 22,276 | 1.0 | +675.6% |
| Mar 13, 2026 | 2,872 | 1.0 | +100.0% |
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- Entered a material agreement · Completed an acquisition or disposition · New financial obligation · Director / officer changeAug 22, 2025
- Entered a material agreementApr 23, 2025
- Entered a material agreement · Director / officer changeFeb 5, 2025
- Entered a material agreementNov 25, 2024
- Entered a material agreement · New financial obligationNov 15, 2024
- Entered a material agreement · New financial obligationJun 14, 2024
- Entered a material agreement · New financial obligation · Unregistered equity saleDec 21, 2023
- Entered a material agreementAug 23, 2023
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 ↗- 8-KCURRENT REPORTAug 22, 2025
- 8-KCURRENT REPORTApr 23, 2025
- 15-12GFORM 15-12GMar 14, 2025
- 3Feb 18, 2025
- SCHEDULE 13G/AFeb 13, 2025
- 4Feb 6, 2025
- 8-KCURRENT REPORTFeb 5, 2025
- 4Dec 6, 2024
- 4Dec 6, 2024
- 8-KCURRENT REPORTNov 25, 2024
- 8-KCURRENT REPORTNov 15, 2024
- 10-QQUARTERLY REPORTNov 8, 2024
- 4OWNERSHIP DOCUMENTSep 3, 2024
- 4OWNERSHIP DOCUMENTSep 3, 2024
- 10-QQUARTERLY REPORTAug 9, 2024
Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.