FG Nexus Inc.
FGNXNasdaqFinancials · Finance Services · SEC filings ↗ · Compare ⊕
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SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $2.4M | $17.3M | $17.1M | $20.1M | $7.6M | −$17.2M |
| Operating income | −$64.0M | −$24.9M | −$16.3M | — | — | — |
| Net income | −$66.7M | −$1.3M | −$14.6M | $1.1M | −$8.5M | −$22.5M |
| Total assets | $163.8M | $109.5M | $62.1M | $49.5M | $40.8M | $34.7M |
| Total liabilities | $20.4M | $35.3M | $25.1M | $12.2M | $6.8M | $512,000 |
| Equity | $143.5M | $74.2M | $35.1M | $37.3M | $34.0M | $34.2M |
| EPS (diluted) | $-25.69 | $-2.43 | $-35.22 | $-0.09 | $-1.96 | — |
| Shares out. | 1.3M | 28.4M | 9.4M | 6.5M | 5.0M | 6.1M |
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
- −2652.3%
- Net margin
- −2765.9%
- Return on equity
- −46.5%
- Return on assets
- −40.7%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 12.4%
- Debt / equity
- 0.14×
- Book value / share
- $112.84
- Revenue growth (YoY)
- −86.1%
- 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 · FY2025- Accruals / assets
- −36.9%clean
- Piotroski F-Score
- 3/8weak
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 severe● 4 warning● 2 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- 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.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 16, 2024
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- Vanguard Capital Management LlcPassive (13G)May 4, 2026
- Moglia Joseph HPassive (13G)Mar 31, 2026
- Vanguard Group IncPassive (13G)Mar 26, 2026
- Armistice Capital, LlcPassive (13G)Feb 17, 2026
- Point72 Asset Management, L.P.Passive (13G)Feb 17, 2026
- Syncracy Operational Management LlcPassive (13G)Dec 5, 2025
- Citadel Advisors LlcPassive (13G)Sep 12, 2025
- Sanda Par OlofPassive (13G)Feb 12, 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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Suh NdamukongDirector | Feb 3, 2026 | Grant | 3,478 | $0.00 |
| Cerminara KyleOfficer — CEO and Chairman | Feb 3, 2026 | Grant | 8,359 | $0.00 |
| Roschman Robert JDirector | Feb 3, 2026 | Grant | 3,478 | $0.00 |
| Mitchell Michael CDirector | Feb 3, 2026 | Grant | 3,812 | $0.00 |
| Hayes RitaDirector | Feb 3, 2026 | Grant | 3,612 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 332,509 | 1.9 | -4.8% |
| Apr 30, 2026 | 349,307 | 8.7 | -1.5% |
| Apr 15, 2026 | 354,475 | 3.5 | +19.1% |
| Mar 31, 2026 | 297,667 | 4.8 | -23.3% |
| Mar 13, 2026 | 387,944 | 4.6 | +24.5% |
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- Regulation FD disclosureMay 19, 2026
- Regulation FD disclosureMay 5, 2026
- Other material eventApr 7, 2026
- Completed an acquisition or dispositionMar 23, 2026
- Modified shareholder rights · Amended charter or bylawsFeb 27, 2026
- Regulation FD disclosureFeb 19, 2026
- Modified shareholder rights · Amended charter or bylawsFeb 13, 2026
- Regulation FD disclosureFeb 10, 2026
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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