Event-Driven Stocks

BOLLINGER INNOVATIONS, INC.

BINIOTC

Consumer Discretionary · Motor Vehicles & Passenger Car Bodies · DE · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 3 good● 4 warning● 3 severedetails ↓

Financials

SEC XBRL · annual
 FY24FY23FY22FY21FY20FY19
Revenue$1.1M$366,000——$65.7M$65.0M
Operating income−$391.8M−$377.8M−$97.0M−$22.4M−$4.5M−$5.6M
Net income−$457.1M−$972.3M−$739.5M−$44.2M−$5.9M−$6.5M
Total assets$178.6M$421.7M$302.6M$17.2M$26.8M$23.0M
Total liabilities$195.2M$148.9M$145.6M$78.9M$24.3M$19.0M
Equity−$28.6M$209.0M$58.7M−$61.7M−$42.5M−$33.9M
EPS (diluted)$-1425.61$-1574.14$-63083.67$-8.56$-5.23—
Shares out.5.9M1.70B37,0435.2M4.1M3.9M

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

Key ratios

from filings · FY2024
Operating margin
−35805.4%
Net margin
−41766.4%
Return on equity
1600.6%
Return on assets
−255.9%
Return on capital (ROCE)
—
Liabilities / assets
109.3%
Debt / equity
—
Book value / share
$-4.85
Revenue growth (YoY)
199.0%
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)
-61.63distress
Accruals / assets
−152.0%clean
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
52
/ 100
Profitability 25Growth 100Catalyst 67Earnings quality 67Financial strength 0

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

● 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

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, 2026198,0425.0-1.6%
Apr 30, 2026201,3531.0+0.2%
Apr 15, 2026201,0051.0+0.6%
Mar 31, 2026199,8681.3+2.9%
Mar 13, 2026194,1811.8+0.7%

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 (2)