Soliton, Inc.
Healthcare · Surgical & Medical Instruments & Apparatus · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY20 | FY19 | FY18 | FY17 | |
|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — |
| Operating income | −$14.7M | −$12.9M | −$8.2M | −$7.2M |
| Net income | −$14.5M | −$13.8M | −$9.3M | −$7.5M |
| Total assets | $33.8M | $13.1M | $1.5M | $478,269 |
| Total liabilities | — | $2.9M | $21.1M | $11.0M |
| Equity | $31.0M | $10.3M | −$19.6M | −$10.5M |
| EPS (diluted) | — | — | — | — |
| Shares out. | 16.9M | 14.6M | 2.0M | 1.8M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2020- Operating margin
- —
- Net margin
- —
- Return on equity
- −46.9%
- Return on assets
- −43.0%
- Return on capital (ROCE)
- −47.4%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $1.83
- Revenue growth (YoY)
- —
- 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 · FY2020- Accruals / assets
- −9.0%clean
- Piotroski F-Score
- 3/7weak
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
● 1 warning● 1 good- Negative operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsDec 16, 2021
- Other material eventDec 14, 2021
- Other material eventNov 9, 2021
- Other material eventAug 6, 2021
- Shareholder voteJul 20, 2021
- Other material eventJul 2, 2021
- Results of operationsMay 13, 2021
- Entered a material agreement · Director / officer change · Amended charter or bylaws · Other material eventMay 10, 2021
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.