Karbon-X Corp.
KARXOTCConsumer Staples · Perfumes, Cosmetics & Other Toilet Preparations · NV · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | |
|---|---|---|---|---|---|---|
| Revenue | $412,057 | $9,833 | $0 | $0 | $0 | $0 |
| Operating income | −$1.5M | −$2.0M | −$238,745 | — | — | — |
| Net income | −$2.7M | −$2.0M | −$234,746 | −$30,689 | −$36,452 | −$15,291 |
| Total assets | $4.0M | $2.5M | $671,600 | — | — | — |
| Total liabilities | $1.1M | $249,896 | $33,730 | — | — | — |
| Equity | $2.8M | $2.3M | $637,870 | $0 | −$34,563 | −$13,001 |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 83.4M | 72.6M | 68.3M | 64.9M | 64.9M | 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 · FY2024- Operating margin
- −375.4%
- Net margin
- −666.1%
- Return on equity
- −97.0%
- Return on assets
- −69.1%
- Return on capital (ROCE)
- −49.4%
- Liabilities / assets
- 28.8%
- Debt / equity
- 0.40×
- Book value / share
- $0.03
- Revenue growth (YoY)
- 4090.6%
- 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 · FY2024- Altman Z″ (distress)
- -0.84distress
- Accruals / assets
- −41.5%clean
- 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.
Signs
● 2 severe● 3 warning● 3 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
- Negative operating cash flow
- Revenue is growing year-over-year
- 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 ↗Apr 13, 2026
- NT 10-Qmissed a reporting deadline ↗Jan 14, 2026
- NT 10-Kmissed a reporting deadline ↗Aug 29, 2025
- NT 10-Qmissed a reporting deadline ↗Apr 14, 2025
- NT 10-Qmissed a reporting deadline ↗Jan 13, 2025
- NT 10-Qmissed a reporting deadline ↗Oct 15, 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- Morsevo Trading, Inc.Activist (13D)Sep 17, 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.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 5,961 | 1.0 | -19.9% |
| Apr 30, 2026 | 7,443 | 1.0 | +100.0% |
| Mar 31, 2026 | 5,510 | 1.0 | +100.0% |
| Nov 14, 2025 | 400 | 1.0 | -54.4% |
| Oct 31, 2025 | 877 | 1.0 | +175.8% |
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- Director / officer changeAug 22, 2025
- Entered a material agreementJun 30, 2025
- Other material eventFeb 18, 2025
- Entered a material agreementOct 30, 2024
- Entered a material agreementJun 25, 2024
- Other material eventJun 20, 2024
- Other material eventJun 7, 2023
- Changed auditorNov 30, 2022
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 ↗- S-8FORM S-8May 29, 2026
- UPLOADApr 28, 2026
- 10-QFORM 10-QApr 20, 2026
- CORRESPApr 13, 2026
- NT 10-QApr 13, 2026
- UPLOADMar 5, 2026
- 424B3Feb 13, 2026
- EFFECTFeb 11, 2026
- S-1/AFORM S-1/AFeb 10, 2026
- CORRESPFeb 9, 2026
- UPLOADFeb 9, 2026
- S-1/AFORM S-1/AFeb 9, 2026
- S-1FORM S-1Jan 30, 2026
- 10-QFORM 10-QJan 20, 2026
- NT 10-QJan 14, 2026