Event-Driven Stocks

Resonant Inc

Technology · Semiconductors & Related Devices · DE · SEC filings ↗ · Compare ⊕

Signs2 good4 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY21FY20FY19FY18FY17FY16
Revenue$2.2M$3.2M$735,000$524,000$653,000$302,000
Operating income−$36.0M−$28.5M−$30.2M−$25.3M−$19.0M−$15.3M
Net income−$36.0M−$28.4M−$29.9M−$24.8M−$21.7M−$15.2M
Total assets$28.4M$32.7M$18.1M$26.2M$23.8M$13.2M
Total liabilities$13.1M$7.7M$8.4M$3.3M$3.1M$3.1M
Equity$15.3M$25.1M$9.8M$22.9M$20.6M$10.1M
EPS (diluted)$-0.58$-0.55
Shares out.60.1M52.4M27.7M19.9M14.4M7.4M

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
−1650.8%
Net margin
−1651.5%
Return on equity
−235.8%
Return on assets
−126.8%
Return on capital (ROCE)
−168.3%
Liabilities / assets
46.2%
Debt / equity
0.86×
Book value / share
$0.25
Revenue growth (YoY)
−31.1%
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)
-25.32distress
Accruals / assets
56.0%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 Score
35
/ 100
Profitability 0Growth 0Catalyst 33Earnings quality 67Financial strength 75

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. What these scores mean →

Signs

1 severe4 warning2 good
  • Altman Z″ in the distress zone
  • 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.

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 (1)

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