Event-Driven Stocks

Clearside Biomedical, Inc.

CLSDQOTC

Healthcare · Pharmaceutical Preparations · DE · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs2 good5 warning2 severedetails ↓

Financials

SEC XBRL · annual
 FY24FY23FY22FY21FY20FY19
Revenue$1.7M$8.2M$1.3M$29.6M$7.9M$2.2M
Operating income−$28.9M−$24.8M−$30.3M−$627,000−$17.9M−$30.3M
Net income−$34.4M−$32.5M−$32.9M$376,000−$18.2M−$30.8M
Total assets$25.1M$34.0M$51.3M$42.9M$19.3M$26.8M
Total liabilities$64.0M$49.9M$40.7M$4.9M$10.6M$15.6M
Equity−$38.9M−$15.9M$10.6M$38.0M$8.8M$11.2M
EPS (diluted)$-0.47$-0.53$-0.55$0.01$-0.39$-0.81
Shares out.74.7M61.4M60.1M57.4M44.9M36.0M

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

Key ratios

from filings · FY2024
Operating margin
−1735.7%
Net margin
−2064.4%
Return on equity
88.4%
Return on assets
−136.7%
Return on capital (ROCE)
−142.1%
Liabilities / assets
254.6%
Debt / equity
Book value / share
$-0.52
Revenue growth (YoY)
−79.8%
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)
-50.16distress
Accruals / assets
38.4%clean
Beneish M-Score
-1.96normal
Piotroski F-Score
2/9weak

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
29
/ 100
Profitability 20Growth 0Catalyst 33Earnings quality 67Financial strength 25

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 severe5 warning2 good
  • Negative shareholder equity
  • Altman Z″ in the distress zone
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Revenue declined year-over-year
  • High leverage (liabilities > 70% of assets)
  • Negative operating cash flow
  • Strong return on equity (>15%)
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 2026107,19623.1-3.1%
Apr 30, 2026110,6331.6+32.8%
Apr 15, 202683,2911.40.0%
Mar 31, 202683,2911.3+2.3%
Mar 13, 202681,3924.6+7.8%

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)