Charlotte's Web Holdings, Inc.
CWBHFOTCMaterials · Agricultural Production-Crops · A1 · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $49.9M | $49.7M | $63.2M | $74.1M | $96.1M | $95.2M |
| Operating income | −$20.3M | −$32.0M | −$40.6M | −$52.5M | −$147.1M | −$51.3M |
| Net income | −$29.7M | −$29.8M | −$23.8M | −$59.3M | −$137.7M | −$30.7M |
| Total assets | $75.3M | $113.4M | $152.5M | $187.6M | $171.5M | $310.8M |
| Total liabilities | $77.3M | $86.4M | $97.0M | $110.1M | $41.1M | $56.5M |
| Equity | −$2.0M | $27.1M | $55.6M | $77.5M | $130.4M | $254.2M |
| EPS (diluted) | $-0.19 | $-0.19 | $-0.16 | $-0.40 | $-0.98 | $-0.25 |
| Shares out. | 158.0M | 157.0M | 152.4M | 145.1M | 142.3M | 107.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −40.6%
- Net margin
- −59.6%
- Return on equity
- 1458.6%
- Return on assets
- −39.5%
- Return on capital (ROCE)
- −30.4%
- Liabilities / assets
- 102.7%
- Debt / equity
- —
- Book value / share
- $-0.01
- Revenue growth (YoY)
- 0.5%
- 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 · FY2025- Altman Z″ (distress)
- -14.29distress
- Accruals / assets
- −20.8%clean
- Beneish M-Score
- -3.90normal
- 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● 3 good- Negative shareholder equity
- Altman Z″ in the distress zone
- 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.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Bt De Investments Inc.Activist (13D)May 29, 2026
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 |
|---|---|---|---|---|
| Bt De Investments Inc.10% owner | May 28, 2026 | Conversion | 95.3M | $0.68 |
| Kunkel Raymond J.Officer — Chief Operating Officer | Apr 1, 2026 | Option exercise | 34,318 | $0.00 |
| Stanley JaredDirector | Apr 1, 2026 | Option exercise | 37,178 | $0.00 |
| Lind ErikaOfficer — Chief Financial Officer | Apr 1, 2026 | Option exercise | 26,562 | $0.00 |
| Morachnick William J.Officer — Chief Executive Officer | Mar 31, 2026 | Option exercise | 375,000 | $0.00 |
| Morachnick William J.Officer — Chief Executive Officer | Dec 31, 2025 | Option exercise | 375,000 | $0.00 |
| Morachnick William J.Officer — Chief Executive Officer | Sep 30, 2025 | Option exercise | 375,000 | $0.00 |
| Kunkel Raymond J.Officer — Chief Operating Officer | Sep 2, 2025 | Buy | 229,167 | $0.10 |
| Usifer Maureen KDirector | Jul 1, 2025 | Option exercise | 75,000 | $0.00 |
| Mccarthy Matthew EvanDirector | Jul 1, 2025 | Option exercise | 75,000 | $0.00 |
| Mcelwee Angela MayDirector | Jul 1, 2025 | Option exercise | 85,000 | $0.00 |
| Morachnick William J.Officer — Chief Executive Officer | Jun 30, 2025 | Option exercise | 375,000 | $0.00 |
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.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 138,765 | 1.0 | -32.7% |
| Apr 30, 2026 | 206,265 | 1.0 | -8.1% |
| Apr 15, 2026 | 224,384 | 1.0 | +49.8% |
| Mar 31, 2026 | 149,763 | 1.0 | -33.7% |
| Mar 13, 2026 | 225,888 | 1.0 | -6.3% |
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 change · Shareholder vote · Other material eventJun 1, 2026
- Results of operationsMay 13, 2026
- Entered a material agreementApr 1, 2026
- Results of operationsMar 31, 2026
- Other material eventMar 31, 2026
- Results of operationsNov 12, 2025
- Director / officer changeOct 21, 2025
- Director / officer changeSep 19, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.