MIRAMAR LABS, INC.
Healthcare · Surgical & Medical Instruments & Apparatus · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY16 | FY15 | FY14 | FY13 | |
|---|---|---|---|---|
| Revenue | $20.4M | $28,163 | $89,200 | — |
| Operating income | −$11.6M | −$13.3M | $6,147 | — |
| Net income | −$20.4M | −$27,032 | −$6,107 | −$40 |
| Total assets | $13.4M | $36,461 | $38,363 | $4,060 |
| Total liabilities | $16.3M | $25,640 | $510 | $100 |
| Equity | −$3.0M | $10,821 | $37,853 | $3,960 |
| EPS (diluted) | — | — | — | — |
| Shares out. | 9.3M | 2.5M | 5.0M | 4.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2016- Operating margin
- −56.7%
- Net margin
- −99.9%
- Return on equity
- 691.6%
- Return on assets
- −152.8%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 122.1%
- Debt / equity
- —
- Book value / share
- $-0.32
- Revenue growth (YoY)
- 72500.7%
- 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 · FY2016- Altman Z″ (distress)
- -35.68distress
- Accruals / assets
- −63.2%clean
- Piotroski F-Score
- 3/9weak
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, 2017
- NT 10-Qmissed a reporting deadline ↗Mar 17, 2016
- NT 10-Qmissed a reporting deadline ↗Dec 16, 2015
- NT 10-Kmissed a reporting deadline ↗Oct 30, 2015
- NT 10-Qmissed a reporting deadline ↗Jun 15, 2015
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- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsJul 25, 2017
- Entered a material agreementJun 26, 2017
- Entered a material agreement · New financial obligationJun 22, 2017
- Entered a material agreement · Amended charter or bylaws · Other material eventJun 12, 2017
- Results of operationsMay 15, 2017
- Results of operationsMar 17, 2017
- Entered a material agreement · New financial obligation · Unregistered equity saleFeb 2, 2017
- Results of operationsNov 8, 2016
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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