IP STRATEGY HOLDINGS, INC.
IPSTNasdaqConsumer Staples · Beverages · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | |
|---|---|---|---|
| Revenue | $10.1M | $8.4M | $8.0M |
| Operating income | −$133.9M | −$14.9M | −$11.3M |
| Net income | −$137.7M | $710,458 | −$36.8M |
| Total assets | $108.8M | $28.0M | $26.3M |
| Total liabilities | $10.5M | $27.2M | $69.7M |
| Equity | $98.2M | $791,767 | −$43.4M |
| EPS (diluted) | $-16.03 | $-39.46 | $-96.45 |
| Shares out. | 6.9M | 263,680 | 381,484 |
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
- −1323.6%
- Net margin
- −1360.9%
- Return on equity
- −140.2%
- Return on assets
- −126.6%
- Return on capital (ROCE)
- −134.1%
- Liabilities / assets
- 9.7%
- Debt / equity
- 0.11×
- Book value / share
- $14.19
- Revenue growth (YoY)
- 20.4%
- Net income growth (YoY)
- −19484.0%
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)
- -5.21distress
- Accruals / assets
- −112.5%clean
- Beneish M-Score
- -7.93normal
- Piotroski F-Score
- 3/9weak
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 ↗May 18, 2026
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2026
- NT 10-Qmissed a reporting deadline ↗Nov 17, 2025
- NT 10-Qmissed a reporting deadline ↗May 15, 2025
- NT 10-Kmissed a reporting deadline ↗Mar 28, 2025
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- C/M Capital Partners, LpPassive (13G)Nov 14, 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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Carrosino MichaelOfficer — EVP of Finance & CFO | May 2, 2026 | Option exercise | 125 | — |
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 | 49,264 | 1.0 | +57.0% |
| Apr 30, 2026 | 31,373 | 1.0 | -93.6% |
| Apr 15, 2026 | 487,956 | 1.0 | +797.0% |
| Mar 31, 2026 | 54,401 | 1.0 | -81.4% |
| Mar 13, 2026 | 292,121 | 1.0 | +349.3% |
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- Other material eventMay 14, 2026
- Modified shareholder rights · Amended charter or bylaws · Other material eventApr 21, 2026
- Director / officer change · Regulation FD disclosureApr 16, 2026
- Shareholder voteApr 14, 2026
- Delisting / listing-standard noticeMar 20, 2026
- Results of operationsFeb 27, 2026
- Regulation FD disclosureFeb 19, 2026
- Amended charter or bylaws · Regulation FD disclosureFeb 18, 2026
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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