Event-Driven Stocks

ContextLogic Inc.

LOGC

Consumer Discretionary · Retail-Catalog & Mail-Order Houses · DE · SEC filings ↗ · Compare ⊕

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Signs1 good5 warning2 severedetails ↓

Financials

SEC XBRL · annual
 FY24FY23FY22FY21FY20FY19
Revenue$43.0M$287.0M$571.0M$2.08B$2.54B$1.90B
Operating income−$79.0M−$328.0M−$398.0M−$367.0M−$631.0M−$144.0M
Net income−$75.0M−$317.0M−$384.0M−$361.0M−$745.0M−$129.0M
Total assets$156.0M$423.0M$799.0M$1.28B$2.40B$1.37B
Total liabilities$5.0M$206.0M$322.0M$465.0M$1.37B$1.27B
Equity$151.0M$217.0M$477.0M$818.0M$1.03B−$1.44B
EPS (diluted)$-2.92$-13.36$-17.13$-0.57$-5.87
Shares out.26.3M24.2M23.2M658.0M587.0M103.0M

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
−183.7%
Net margin
−174.4%
Return on equity
−49.7%
Return on assets
−48.1%
Return on capital (ROCE)
−52.3%
Liabilities / assets
3.2%
Debt / equity
0.03×
Book value / share
$5.74
Revenue growth (YoY)
−85.0%
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)
-34.93distress
Accruals / assets
12.2%high accruals
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 Score
22
/ 100
Profitability 0Growth 0Catalyst 33Earnings quality 0Financial strength 75

Our 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 severe5 warning1 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
  • Revenue declined year-over-year
  • Negative operating cash flow
  • High accruals — earnings-quality risk
  • Conservative leverage (liabilities < 50% of assets)

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

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

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
SettlementShares shortDays to coverΔ vs prior
May 15, 2026556,7235.3-0.2%
Apr 30, 2026557,8653.6-0.3%
Apr 15, 2026559,5864.8-1.3%
Mar 31, 2026567,1943.5-0.2%
Mar 13, 2026568,3211.0+10.2%

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

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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