Kubient, Inc.
Technology · Services-Computer Integrated Systems Design · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | |
|---|---|---|---|---|
| Revenue | $2.4M | $2.7M | $1.3M | $177,635 |
| Operating income | −$14.3M | −$10.4M | −$4.5M | −$3.3M |
| Net income | −$13.6M | −$10.3M | −$7.9M | −$4.1M |
| Total assets | $15.2M | $31.7M | $27.4M | $473,639 |
| Total liabilities | $2.4M | $6.2M | $2.9M | $5.5M |
| Equity | $12.8M | $25.5M | $24.5M | −$5.0M |
| EPS (diluted) | $-0.95 | $-0.75 | $-1.85 | — |
| Shares out. | 14.3M | 13.9M | 11.8M | 3.6M |
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
- −593.0%
- Net margin
- −566.7%
- Return on equity
- −106.4%
- Return on assets
- −89.4%
- Return on capital (ROCE)
- −110.6%
- Liabilities / assets
- 15.9%
- Debt / equity
- 0.19×
- Book value / share
- $0.90
- Revenue growth (YoY)
- −12.2%
- 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)
- -3.81distress
- Accruals / assets
- −26.4%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.
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
- 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 ↗Aug 15, 2023
- NT 10-Qmissed a reporting deadline ↗May 16, 2023
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 |
|---|---|---|---|---|
| Mithaq Capital Spc10% owner | May 17, 2022 | Buy | 656 | $1.00 |
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.
Material events
SEC Form 8-K · most recent- Costs from exit or disposal · Director / officer changeMay 8, 2024
- Terminated a material agreement · Director / officer changeDec 5, 2023
- Delisting / listing-standard notice · Regulation FD disclosureNov 15, 2023
- Director / officer changeNov 8, 2023
- Director / officer changeOct 17, 2023
- Costs from exit or disposal · Director / officer changeOct 6, 2023
- Changed auditor · Prior financials not reliable (restatement) · Director / officer changeSep 25, 2023
- Delisting / listing-standard noticeAug 28, 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 ↗Event-driven situations (1)
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