SpringBig Holdings, Inc.
SBIGOTCTechnology · Services-Computer Programming Services · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $22.8M | $24.6M | $28.1M | $6.2M | $23.4M | — |
| Operating income | −$1.7M | −$600,000 | −$8.3M | −$16.3M | −$6.5M | −$5,064 |
| Net income | −$3.2M | −$1.9M | −$10.2M | −$13.1M | −$5.8M | −$5,064 |
| Total assets | $4.6M | $6.8M | $5.1M | $9.7M | $7.0M | $602,835 |
| Total liabilities | $17.1M | $16.6M | $13.8M | $13.3M | $2.6M | $582,899 |
| Equity | −$12.5M | −$9.8M | −$8.7M | −$3.6M | $4.5M | $9.5M |
| EPS (diluted) | $-0.07 | $-0.04 | $-0.28 | $-0.59 | $-0.32 | — |
| Shares out. | 46.5M | 45.6M | 26.9M | 25.3M | 17.9M | — |
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
- −7.6%
- Net margin
- −14.2%
- Return on equity
- 26.0%
- Return on assets
- −70.1%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 369.8%
- Debt / equity
- —
- Book value / share
- $-0.27
- Revenue growth (YoY)
- −7.4%
- 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)
- -37.64distress
- Accruals / assets
- −77.9%clean
- Beneish M-Score
- -6.73normal
- 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
● 3 severe● 4 warning● 3 good- Negative shareholder equity
- 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
- High leverage (liabilities > 70% of assets)
- Strong return on equity (>15%)
- Positive operating cash flow
- 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 17, 2021
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- Awm Investment Company, Inc.Passive (13G)May 4, 2026
- L1 Capital Global Opportunities Master Fund, Ltd.Passive (13G)Feb 14, 2025
- Harris Jeffrey ToddActivist (13D)Jan 22, 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.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 244 | 1.0 | -90.8% |
| Apr 30, 2026 | 2,657 | 1.0 | -78.6% |
| Apr 15, 2026 | 12,393 | 1.0 | +554.7% |
| Mar 31, 2026 | 1,893 | 1.0 | +675.8% |
| Mar 13, 2026 | 244 | 1.0 | 0.0% |
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- Debt acceleration / triggering eventMay 21, 2026
- Results of operationsMay 15, 2026
- Debt acceleration / triggering eventApr 28, 2026
- Director / officer changeApr 8, 2026
- Director / officer changeFeb 6, 2026
- Results of operationsNov 14, 2025
- Director / officer changeSep 30, 2025
- Director / officer changeSep 10, 2025
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 ↗- 8-KCURRENT REPORTMay 21, 2026
- 8-KCURRENT REPORTMay 15, 2026
- 10-QQUARTERLY REPORTMay 14, 2026
- SCHEDULE 13G/AMay 4, 2026
- 10-K/AAMENDMENT NO. 1 TO FORM 10-KMay 4, 2026
- 8-KCURRENT REPORTApr 28, 2026
- 4Apr 22, 2026
- 8-KCURRENT REPORTApr 8, 2026
- 10-KANNUAL REPORTMar 27, 2026
- 8-KCURRENT REPORTFeb 6, 2026
- 8-KCURRENT REPORTNov 14, 2025
- 10-QQUARTERLY REPORTNov 14, 2025
- 3OWNERSHIP DOCUMENTOct 16, 2025
- 8-KCURRENT REPORTSep 30, 2025
- 424B3PROSPECTUSSep 12, 2025
Event-driven situations (3)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.