Taronis Fuels, Inc.
Materials · Industrial Inorganic Chemicals · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY19 | FY18 | |
|---|---|---|
| Revenue | $21.1M | $9.7M |
| Operating income | −$4.9M | −$4.6M |
| Net income | −$5.7M | −$4.5M |
| Total assets | $42.4M | $23.7M |
| Total liabilities | $10.6M | $3.2M |
| Equity | $31.8M | $20.5M |
| EPS (diluted) | — | — |
| Shares out. | 139.2M | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2019- Operating margin
- −23.4%
- Net margin
- −27.3%
- Return on equity
- −18.1%
- Return on assets
- −13.5%
- Return on capital (ROCE)
- −13.9%
- Liabilities / assets
- 25.0%
- Debt / equity
- 0.33×
- Book value / share
- $0.23
- Revenue growth (YoY)
- 117.1%
- 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 · FY2019- Altman Z″ (distress)
- 2.10grey zone
- Accruals / assets
- −2.3%clean
- Beneish M-Score
- -1.83normal
- Piotroski F-Score
- 4/8mixed
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
● 1 severe● 4 warning● 3 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- Altman Z″ in the grey zone
- 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 ↗Sep 3, 2021
- NT 10-Qmissed a reporting deadline ↗Sep 3, 2021
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2021
- NT 10-Qmissed a reporting deadline ↗Nov 16, 2020
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2020
- NT 10-Qmissed a reporting deadline ↗Jun 30, 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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Foti Kevin C.Officer — Chief Executive Officer | Jun 14, 2021 | Grant | 120,630 | $0.00 |
| Thompson Mary Patricia BOfficer — Chief Financial Officer | May 3, 2021 | Grant | 11,458 | $0.00 |
| Steinseifer Richard L.Director | Apr 28, 2021 | Grant | 11,458 | $0.00 |
| Graff Leslie JDirector | Apr 28, 2021 | Grant | 13,750 | $0.00 |
| Molloy PeterDirector | Dec 12, 2019 | Grant | 6,000 | $0.00 |
| Welo Tobias WOfficer — Interim CEO | Apr 28, 2021 | Grant | 17,417 | $0.00 |
| Mccormick Andrew J.Director | Apr 28, 2021 | Grant | 13,750 | $0.00 |
| Vasnetsov SergeyDirector | Apr 28, 2021 | Grant | 13,750 | $0.00 |
| Mahoney ScottOfficer — Chief Executive Officer | Jan 21, 2021 | Grant | 49,020 | $4.59 |
| Wilson Tyler B.Officer — VP, GC, and Secretary | Jan 21, 2021 | Grant | 29,957 | $4.59 |
| Fred Edward JOfficer — CFO & Treasurer | Jan 6, 2021 | Grant | 62,600 | $3.15 |
| Staunton William W IiiDirector | Jan 7, 2021 | Grant | 13,550 | $3.69 |
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- Regulation FD disclosureMay 26, 2022
- Director / officer changeApr 11, 2022
- Director / officer changeMar 25, 2022
- Debt acceleration / triggering event · Director / officer changeMar 14, 2022
- Director / officer changeMar 4, 2022
- Director / officer changeFeb 7, 2022
- Director / officer change · Regulation FD disclosureNov 30, 2021
- Other material eventNov 16, 2021
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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