Envirotech Vehicles, Inc.
EVTVNasdaqConsumer Discretionary · Motor Vehicle Parts & Accessories · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $5.9M | $1.9M | $2.9M | $4.5M | $2.0M | $618,000 |
| Operating income | −$38.7M | −$7.9M | −$12.7M | −$43.8M | −$7.7M | −$4.3M |
| Net income | −$39.1M | −$8.8M | −$12.7M | −$43.8M | −$7.7M | −$4.4M |
| Total assets | $4.7M | $32.7M | $22.7M | $33.5M | $75.3M | $6.2M |
| Total liabilities | $13.6M | $11.7M | $2.0M | $1.5M | $1.6M | $1.5M |
| Equity | −$8.9M | $20.9M | $20.6M | $32.0M | $73.7M | $4.6M |
| EPS (diluted) | $-11.54 | $-5.46 | $-0.84 | $-2.92 | $-0.67 | — |
| Shares out. | 23.1M | 15.5M | 15.1M | 299.9M | 255.2M | 73.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −651.3%
- Net margin
- −658.8%
- Return on equity
- 438.2%
- Return on assets
- −838.2%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 291.3%
- Debt / equity
- —
- Book value / share
- $-0.39
- Revenue growth (YoY)
- 217.6%
- 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 · FY2025- Altman Z″ (distress)
- -148.79distress
- Accruals / assets
- −718.5%clean
- 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 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
● 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- NT 10-Qmissed a reporting deadline ↗May 15, 2026
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2026
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2025
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2025
- NT 10-Qmissed a reporting deadline ↗May 15, 2025
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2025
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- Maddox JasonActivist (13D)Jun 6, 2025
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| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 992,548 | 1.7 | -0.4% |
| Apr 30, 2026 | 996,365 | 3.9 | +17.0% |
| Apr 15, 2026 | 851,333 | 2.4 | -14.9% |
| Mar 31, 2026 | 1.0M | 1.0 | +19.3% |
| Mar 13, 2026 | 839,188 | 1.9 | -35.8% |
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- Entered a material agreement · Change in control · Director / officer change · Other material eventMay 20, 2026
- Delisting / listing-standard noticeMay 5, 2026
- Entered a material agreement · New financial obligation · Unregistered equity saleMar 9, 2026
- Delisting / listing-standard notice · Other material eventFeb 13, 2026
- Director / officer change · Shareholder voteFeb 4, 2026
- Delisting / listing-standard notice · Other material eventJan 20, 2026
- Other material eventJan 13, 2026
- Other material eventDec 30, 2025
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 ↗- 4FORM 4May 27, 2026
- 4FORM 4May 27, 2026
- 4FORM 4May 27, 2026
- 4FORM 4May 27, 2026
- 4FORM 4May 27, 2026
- 425FORM 425May 20, 2026
- 425FORM 425May 20, 2026
- 8-KFORM 8-KMay 20, 2026
- 10-QFORM 10-QMay 19, 2026
- NT 10-QFORM NT 10-QMay 15, 2026
- 424B3FORM 424B3May 6, 2026
- EFFECTMay 5, 2026
- 8-KFORM 8-KMay 5, 2026
- S-1FORM S-1Apr 27, 2026
- 10-KFORM 10-KApr 13, 2026
Event-driven situations (2)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.