American Virtual Cloud Technologies, Inc.
Technology · Services-Computer Integrated Systems Design · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | |
|---|---|---|---|---|---|---|
| Revenue | $16.8M | $20.0M | $68.6M | — | — | — |
| Operating income | −$57.2M | −$79.4M | −$12.6M | −$4.5M | −$3.9M | −$59,193 |
| Net income | −$39.8M | −$161.4M | −$22.0M | $989,799 | −$2.5M | −$59,193 |
| Total assets | $31.9M | $117.9M | $153.0M | $290.8M | $312.7M | $263,671 |
| Total liabilities | $13.4M | $117.0M | $105.8M | — | — | — |
| Equity | $18.5M | $902,000 | $47.2M | $5.0M | $5.0M | −$59,182 |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 89.6M | 19.8M | 19.6M | 32.2M | 38.8M | 10,800 |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- −340.1%
- Net margin
- −236.7%
- Return on equity
- −215.2%
- Return on assets
- −124.7%
- Return on capital (ROCE)
- −274.8%
- Liabilities / assets
- 42.1%
- Debt / equity
- 0.73×
- Book value / share
- $0.21
- Revenue growth (YoY)
- −16.2%
- 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 · FY2022- Altman Z″ (distress)
- -32.34distress
- Accruals / assets
- 76.1%high accruals
- Piotroski F-Score
- 5/9mixed
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● 5 warning● 1 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
- Negative operating cash flow
- High accruals — earnings-quality risk
- Conservative leverage (liabilities < 50% of assets)
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, 2023
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2022
- NT 10-Kmissed a reporting deadline ↗Mar 30, 2022
- NT 10-Qmissed a reporting deadline ↗May 17, 2021
- NT 10-Qmissed a reporting deadline ↗Nov 13, 2019
- NT 10-Qmissed a reporting deadline ↗Aug 12, 2019
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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Ribbon Communications Inc.10% owner | Aug 29, 2022 | J | 13.7M | — |
| Tessler MichaelDirector | May 2, 2022 | Sell | 41,667 | $0.61 |
| Tessler MichaelDirector | Jun 13, 2022 | Grant | 532,711 | $0.00 |
| Lockhart Dennis PDirector | May 19, 2022 | Buy | 260,000 | $0.39 |
| Mock Lawrence E, Jr.Director | May 20, 2022 | Buy | 250,000 | $0.40 |
| Tessler MichaelDirector | Apr 25, 2022 | D | 1.0M | — |
| Tessler MichaelDirector | Jan 6, 2022 | Grant | 1.0M | $0.00 |
| Mock Lawrence E, Jr.Director | Nov 15, 2021 | J | 311,768 | — |
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.
Material events
SEC Form 8-K · most recent- Bankruptcy or receivershipMay 30, 2023
- Other material eventApr 11, 2023
- Change in controlApr 7, 2023
- Completed an acquisition or dispositionMar 24, 2023
- Entered a material agreement · Other material eventMar 13, 2023
- Regulation FD disclosureMar 7, 2023
- Entered a material agreementFeb 15, 2023
- Delisting / listing-standard noticeJan 12, 2023
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 ↗- 15-12GCERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATIONMay 30, 2023
- 8-KCURRENT REPORTMay 30, 2023
- 10-QQUARTERLY REPORTMay 12, 2023
- 8-KCURRENT REPORTApr 11, 2023
- 8-KCURRENT REPORTApr 7, 2023
- 10-KANNUAL REPORTApr 7, 2023
- NT 10-KNOTIFICATION OF LATE FILINGMar 31, 2023
- 8-KCURRENT REPORTMar 24, 2023
- 8-KCURRENT REPORTMar 13, 2023
- 8-KCURRENT REPORTMar 7, 2023
- 8-K/AAMENDMENT NO. 1 TO FORM 8-KFeb 22, 2023
- 8-KCURRENT REPORTFeb 15, 2023
- SC 13G/AFeb 14, 2023
- SC 13G/AFeb 8, 2023
- SC 13G/AAVCT 13GAFeb 6, 2023
Event-driven situations (3)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.