Vitalibis, Inc.
Financials · Investors, NEC · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | |
|---|---|---|---|---|---|---|
| Revenue | $303,197 | $51,331 | $0 | — | — | — |
| Operating income | −$5.9M | −$2.2M | −$102,865 | −$61,000 | −$63,000 | −$98,000 |
| Net income | −$6.8M | −$2.2M | −$102,904 | −$61,000 | −$63,000 | −$98,000 |
| Total assets | $514,802 | $570,407 | $0 | $1,130 | $6,000 | $20,000 |
| Total liabilities | $1.7M | $180,389 | $6,169 | $1,130 | $80,000 | — |
| Equity | −$1.2M | $390,018 | −$6,169 | $0 | −$74,000 | −$50,000 |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 30.5M | 29.6M | 27.0M | 9.1M | 9.1M | 9.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2019- Operating margin
- −1940.5%
- Net margin
- −2257.9%
- Return on equity
- 572.7%
- Return on assets
- −1329.8%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 332.2%
- Debt / equity
- —
- Book value / share
- $-0.04
- Revenue growth (YoY)
- 490.7%
- 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 · FY2019- Altman Z″ (distress)
- -150.56distress
- Accruals / assets
- −1118.4%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. What these scores mean →
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-Kmissed a reporting deadline ↗Mar 31, 2021
- NT 10-Qmissed a reporting deadline ↗Nov 17, 2020
- NT 10-Kmissed a reporting deadline ↗Apr 2, 2018
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- Other material eventSep 10, 2021
- Bankruptcy or receivershipJun 16, 2020
- Other material eventJun 3, 2020
- Other material eventNov 29, 2019
- Director / officer changeNov 15, 2018
- Entered a material agreement · Regulation FD disclosureMar 16, 2018
- Amended charter or bylaws · Regulation FD disclosure · Other material eventFeb 14, 2018
- Other material eventJan 19, 2018
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 ↗- 15-15DFORM 15Jan 19, 2022
- 8-KFORM 8-KSep 10, 2021
- NT 10-KNOTICE OF LATE FILINGMar 31, 2021
- 10-QQUARTERLY REPORTNov 17, 2020
- NT 10-QNOTICE OF LATE FILINGNov 17, 2020
- 10-QFORM 10-QAug 14, 2020
- 8-KCURRENT REPORTJun 16, 2020
- 8-KFORM 8-KJun 3, 2020
- 10-QFORM 10-QMay 15, 2020
- 10-KANNUAL REPORTMar 13, 2020
- 8-KFORM 8-KNov 29, 2019
- 10-QFORM 10-QNov 8, 2019
- 10-QFORM 10-QAug 9, 2019
- EFFECTJun 24, 2019
- CORRESPJun 20, 2019
Event-driven situations (1)
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