Carrier EQ, LLC
Technology · Services-Prepackaged Software · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|
| Revenue | — | $5.1M | $1,749 | $27,574 |
| Operating income | −$11.6M | −$14.9M | −$10.5M | −$9.2M |
| Net income | −$9.6M | −$21.3M | −$10.0M | −$8.3M |
| Total assets | $2.8M | $13.7M | $9.7M | $9.2M |
| Total liabilities | $7.2M | $33.0M | $28.9M | $18.5M |
| Equity | −$4.4M | −$19.3M | −$19.1M | −$9.4M |
| EPS (diluted) | — | — | — | — |
| Shares out. | 0 | 0 | 6.9M | 6.7M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2021- Operating margin
- —
- Net margin
- —
- Return on equity
- 217.1%
- Return on assets
- −341.1%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 257.1%
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- —
- 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 · FY2021- Accruals / assets
- −170.8%clean
- Piotroski F-Score
- 2/7weak
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● 2 warning● 2 good- Negative shareholder equity
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- 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-Kmissed a reporting deadline ↗Dec 30, 2021
- NT 10-Qmissed a reporting deadline ↗Aug 16, 2021
- NT 10-Qmissed a reporting deadline ↗May 17, 2021
- NT 10-Kmissed a reporting deadline ↗Dec 29, 2020
- NT 10-Qmissed a reporting deadline ↗May 15, 2020
- NT 10-Qmissed a reporting deadline ↗Feb 14, 2020
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.
Material events
SEC Form 8-K · most recent- Other material eventFeb 11, 2022
- Director / officer changeFeb 10, 2022
- Modified shareholder rightsJun 30, 2021
- Entered a material agreement · Completed an acquisition or dispositionJun 17, 2021
- Director / officer changeMay 27, 2021
- Prior financials not reliable (restatement)May 14, 2021
- Entered a material agreement · Unregistered equity sale · Change in control · Director / officer change · Amended charter or bylawsMay 28, 2020
- Entered a material agreement · Unregistered equity sale · Change in control · Director / officer changeFeb 13, 2020
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 ↗- 3Feb 25, 2022
- 15-12GFeb 11, 2022
- 8-KCURRENT REPORTFeb 11, 2022
- 8-KCURRENT REPORTFeb 10, 2022
- 10-KFORM 10-KJan 24, 2022
- NT 10-KNOTIFICATION OF LATE FILINGDec 30, 2021
- 10-QQUARTERLY REPORTSep 24, 2021
- NT 10-QNOTIFICATION OF LATE FILINGAug 16, 2021
- 8-KCURRENT REPORTJun 30, 2021
- 8-KCURRENT REPORTJun 17, 2021
- 3Jun 10, 2021
- 8-KCURRENT REPORTMay 27, 2021
- 10-QQUARTERLY REPORTMay 24, 2021
- 10-Q/AAMENDED QUARTERLY REPORTMay 24, 2021
- 10-K/AAMENDED ANNUAL REPORTMay 24, 2021
Event-driven situations (1)
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