TREX WIND-DOWN, INC.
Healthcare · Pharmaceutical Preparations · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | |
|---|---|---|---|---|---|---|
| Revenue | $83,177 | $886,532 | $453,810 | $57,000 | $73,000 | $100,000 |
| Operating income | −$19.2M | −$10.7M | −$20.2M | −$16.5M | −$16.9M | −$18.4M |
| Net income | −$19.4M | −$10.6M | −$15.1M | −$17.3M | −$16.6M | −$18.4M |
| Total assets | $10.3M | $17.9M | $11.6M | $3.7M | $8.1M | $7.1M |
| Total liabilities | $5.0M | $4.6M | $2.1M | $2.4M | $3.0M | $4.1M |
| Equity | $5.2M | $13.3M | $7.6M | −$1.4M | $5.1M | $3.0M |
| EPS (diluted) | $-9.19 | $-13.31 | $-0.97 | — | — | — |
| Shares out. | 63.7M | 36.8M | 18.3M | 218.4M | 191.5M | 67.7M |
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
- −23125.9%
- Net margin
- −23299.0%
- Return on equity
- −370.2%
- Return on assets
- −188.6%
- Return on capital (ROCE)
- −367.5%
- Liabilities / assets
- 49.1%
- Debt / equity
- 0.96×
- Book value / share
- $0.08
- Revenue growth (YoY)
- −90.6%
- 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)
- -23.75distress
- Accruals / assets
- −34.3%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 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
- 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- NT 10-Qmissed a reporting deadline ↗Nov 15, 2023
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2023
- NT 10-Qmissed a reporting deadline ↗Aug 17, 2020
- NT 10-Kmissed a reporting deadline ↗Dec 30, 2013
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2013
- NT 10-Kmissed a reporting deadline ↗Dec 29, 2011
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.
Material events
SEC Form 8-K · most recent- Bankruptcy or receivership · Modified shareholder rights · Change in control · Director / officer change · Other material eventMay 9, 2024
- Other material eventApr 26, 2024
- Other material eventMar 26, 2024
- Other material eventFeb 22, 2024
- Amended charter or bylaws · Other material eventJan 26, 2024
- Entered a material agreement · Bankruptcy or receivership · Completed an acquisition or disposition · Director / officer changeJan 23, 2024
- Other material eventDec 22, 2023
- Delisting / listing-standard notice · Regulation FD disclosureNov 28, 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 ↗Event-driven situations (2)
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