Event-Driven Stocks

CEA Industries Inc.

BNCNasdaq

Materials · Agricultural Services · NV · SEC filings ↗ · Compare ⊕

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Signs2 good4 warning2 severedetails ↓

Financials

SEC XBRL · annual
 FY24FY23FY22FY21FY20FY19
Revenue$2.8M$6.9M$11.3M$13.6M$8.5M$15.2M
Operating income−$3.2M−$3.0M−$5.7M−$2.0M−$2.4M−$1.3M
Net income−$3.1M−$2.9M−$5.5M−$1.3M−$1.8M−$1.3M
Total assets$10.4M$13.8M$21.0M$5.3M$4.8M$4.0M
Total liabilities$1.2M$1.5M$6.1M$4.9M$6.1M$4.4M
Equity$9.2M$12.3M$14.9M−$3.6M−$1.3M−$355,631
EPS (diluted)$-4.22$-4.33$-0.84$-2.33
Shares out.8.2M8.1M7.8M236.5M236.5M227.5M

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

Key ratios

from filings · FY2024
Operating margin
−113.1%
Net margin
−112.2%
Return on equity
−34.2%
Return on assets
−30.4%
Return on capital (ROCE)
−34.0%
Liabilities / assets
11.2%
Debt / equity
0.13×
Book value / share
$1.12
Revenue growth (YoY)
−59.4%
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 · FY2024
Altman Z″ (distress)
-0.71distress
Accruals / assets
0.9%clean
Piotroski F-Score
1/9weak

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 Score
42
/ 100
Profitability 0Growth 0Catalyst 67Earnings quality 67Financial 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.

Signs

2 severe4 warning2 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
  • Revenue declined year-over-year
  • Negative operating cash flow
  • Conservative leverage (liabilities < 50% of assets)
  • 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

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

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.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 20261.0M4.9-19.7%
Apr 30, 20261.3M4.5-16.3%
Apr 15, 20261.5M6.5-8.2%
Mar 31, 20261.7M7.5+7.2%
Mar 13, 20261.5M5.3+4.2%

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)