SOCIETY PASS INCORPORATED.
SOPANasdaqIndustrials · Services-Business Services, NEC · NV · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|
| Revenue | $7.1M | $8.2M | $5.6M | $519,885 | $52,453 |
| Operating income | −$9.3M | −$18.0M | −$34.2M | −$34.2M | −$3.8M |
| Net income | −$10.2M | −$18.1M | −$34.0M | −$34.9M | −$3.8M |
| Total assets | $21.3M | $16.4M | $32.7M | $35.2M | $7.9M |
| Total liabilities | $23.7M | $11.3M | $12.7M | — | — |
| Equity | −$2.1M | $5.3M | $20.3M | $32.4M | −$10.4M |
| EPS (diluted) | $-3.45 | $-9.39 | $-1.38 | $-3.68 | $-0.56 |
| Shares out. | 37.8M | 27.1M | 23.5M | 19.7M | 7.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2024- Operating margin
- −131.2%
- Net margin
- −143.9%
- Return on equity
- 478.2%
- Return on assets
- −48.1%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 111.3%
- Debt / equity
- —
- Book value / share
- $-0.06
- Revenue growth (YoY)
- −13.0%
- 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 · FY2024- Altman Z″ (distress)
- -22.61distress
- Accruals / assets
- −59.7%clean
- Beneish M-Score
- -5.73normal
- 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
● 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-Kmissed a reporting deadline ↗Mar 31, 2026
- NT 10-Qmissed a reporting deadline ↗May 15, 2025
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2025
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2024
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2024
- NT 10-Kmissed a reporting deadline ↗Mar 29, 2024
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.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 1.1M | 1.0 | +29.3% |
| Apr 30, 2026 | 865,672 | 1.0 | +375.6% |
| Apr 15, 2026 | 182,002 | 1.0 | +108.5% |
| Mar 31, 2026 | 87,288 | 1.0 | -16.7% |
| Mar 13, 2026 | 104,804 | 1.0 | -61.4% |
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- Delisting / listing-standard noticeMay 20, 2026
- Bankruptcy or receivership · Debt acceleration / triggering event · Other material eventMay 14, 2026
- Delisting / listing-standard noticeApr 21, 2026
- Other material eventApr 15, 2026
- Delisting / listing-standard noticeMar 27, 2026
- Entered a material agreement · Other material eventFeb 13, 2026
- Other material eventFeb 6, 2026
- Entered a material agreementJan 21, 2026
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.