Toughbuilt Industries, Inc
TBLTOther · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|---|
| Revenue | $600,092 | $95.3M | $70.0M | $39.4M | $19.1M | $15.3M |
| Operating income | −$15.0M | −$52.3M | −$39.3M | −$14.4M | −$8.6M | −$6.5M |
| Net income | −$8.2M | −$39.3M | −$37.5M | −$17.3M | −$4.3M | −$27.7M |
| Total assets | $77.5M | $83.9M | $79.0M | $27.5M | $10.5M | $8.9M |
| Total liabilities | $55.9M | $54.2M | $21.1M | $8.1M | $7.2M | $27.8M |
| Equity | $21.6M | $29.7M | $57.9M | $19.3M | $3.2M | −$19.0M |
| EPS (diluted) | $-36.33 | $-7.09 | $-56.08 | $-0.68 | $-2.08 | — |
| Shares out. | 14.9M | 129.3M | 81.0M | 110.0M | 14.4M | 9.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- −2501.9%
- Net margin
- −1371.2%
- Return on equity
- −38.1%
- Return on assets
- −10.6%
- Return on capital (ROCE)
- −60.5%
- Liabilities / assets
- 72.1%
- Debt / equity
- 2.59×
- Book value / share
- $1.45
- Revenue growth (YoY)
- −99.4%
- 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 · FY2023- Altman Z″ (distress)
- -7.33distress
- Accruals / assets
- −11.2%clean
- Piotroski F-Score
- 4/9mixed
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
● 2 severe● 4 warning● 2 good- 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
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- 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-Qmissed a reporting deadline ↗May 16, 2024
- NT 10-Kmissed a reporting deadline ↗Mar 29, 2024
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2023
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2023
- NT 10-Qmissed a reporting deadline ↗May 15, 2023
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2022
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- Ayrton Capital LlcPassive (13G)Feb 13, 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 |
|---|---|---|---|---|
| Soffer Rochel10% owner | Jul 25, 2024 | Buy | 3,053 | $5.90 |
| Panosian MichaelOfficer — CEO, President, Chairman | Dec 16, 2021 | Buy | 263,365 | $0.38 |
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 | 33,517 | 102.2 | 0.0% |
| Apr 30, 2026 | 33,517 | 103.1 | 0.0% |
| Apr 15, 2026 | 33,517 | 135.2 | 0.0% |
| Mar 31, 2026 | 33,517 | 196.0 | 0.0% |
| Mar 13, 2026 | 33,517 | 20.8 | 0.0% |
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- Unregistered equity sale · Director / officer changeJan 29, 2026
- Unregistered equity sale · Director / officer changeDec 11, 2025
- Unregistered equity sale · Change in control · Director / officer changeApr 29, 2025
- Director / officer changeFeb 13, 2025
- Modified shareholder rights · Amended charter or bylawsSep 13, 2024
- Delisting / listing-standard noticeAug 8, 2024
- Director / officer changeJul 26, 2024
- Director / officer changeJul 17, 2024
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 ↗- 8-KCURRENT REPORTJan 29, 2026
- DJan 29, 2026
- 8-KCURRENT REPORTDec 11, 2025
- DMay 7, 2025
- 8-KCURRENT REPORTApr 29, 2025
- 8-KCURRENT REPORTFeb 13, 2025
- SCHEDULE 13G/AFeb 13, 2025
- 10-KANNUAL REPORTDec 23, 2024
- SC 13G/ANov 14, 2024
- 25-NSESep 20, 2024
- 8-KCURRENT REPORTSep 13, 2024
- 8-KCURRENT REPORTAug 8, 2024
- SC 13GSCHEDULE 13GAug 6, 2024
- 4Aug 6, 2024
- 3Aug 6, 2024
Event-driven situations (2)
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