Life On Earth, Inc.
Consumer Staples · Beverages · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | |
|---|---|---|---|---|---|---|
| Revenue | — | $64,407 | $125,537 | $2.9M | $2.5M | — |
| Operating income | −$663,564 | −$2.0M | −$4.2M | −$988,943 | −$1.7M | −$364,769 |
| Net income | −$1.4M | −$2.3M | −$8.1M | −$3.0M | −$3.0M | −$400,207 |
| Total assets | $5.2M | $3,831 | $1.3M | $2.7M | $1.1M | $56,560 |
| Total liabilities | $9.9M | $4.3M | $4.1M | $3.7M | $1.8M | $135,456 |
| Equity | −$4.7M | −$4.3M | −$2.8M | −$979,991 | −$719,541 | −$78,896 |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 46.4M | 20.7M | 40.9M | 23.6M | 19.2M | 13.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2021- Operating margin
- —
- Net margin
- —
- Return on equity
- 30.8%
- Return on assets
- −27.5%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 189.3%
- Debt / equity
- —
- Book value / share
- $-0.10
- 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 · FY2021- Altman Z″ (distress)
- -25.27distress
- Accruals / assets
- −34.9%clean
- Piotroski F-Score
- 5/7mixed
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● 1 warning● 3 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Strong return on equity (>15%)
- Positive 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.
Risk flags
late SEC filings- NT 10-Q/Amissed a reporting deadline ↗Dec 8, 2022
- NT 10-Kmissed a reporting deadline ↗Dec 8, 2022
- NT 10-Qmissed a reporting deadline ↗Aug 29, 2022
- NT 10-Qmissed a reporting deadline ↗Apr 14, 2022
- NT 10-Kmissed a reporting deadline ↗Aug 30, 2021
- NT 10-Qmissed a reporting deadline ↗Jan 14, 2020
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- Terminated a material agreement · Change in control · Director / officer change · Other material eventOct 6, 2022
- Entered a material agreement · Completed an acquisition or disposition · Change in control · Director / officer change · Amended charter or bylaws · Shareholder voteMay 6, 2022
- Entered a material agreementApr 11, 2022
- Entered a material agreementMar 11, 2022
- Entered a material agreement · Unregistered equity saleFeb 10, 2022
- Regulation FD disclosureJan 26, 2022
- Completed an acquisition or disposition · Change in control · Director / officer change · Amended charter or bylaws · Other material eventJan 6, 2022
- Entered a material agreement · Regulation FD disclosureDec 23, 2021
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 ↗- REVOKEDMay 9, 2024
- NT 10-Q/ANT 10Q/ADec 8, 2022
- NT 10-KDec 8, 2022
- 8-KCURRENT REPORTOct 6, 2022
- NT 10-QNT 10QAug 29, 2022
- 8-KCURRENT REPORTMay 6, 2022
- 10-QQUARTERLY REPORTApr 19, 2022
- NT 10-QNT 10QApr 14, 2022
- 8-KCURRENT REPORTApr 11, 2022
- 8-KCURRENT REPORTMar 11, 2022
- 8-KCURRENT REPORTFeb 10, 2022
- 8-KCURRENT REPORTJan 26, 2022
- 10-QQUARTERLY REPORTJan 14, 2022
- 8-KCURRENT REPORTJan 6, 2022
- 8-KCURRENT REPORTDec 23, 2021