Bright Lights Acquisition Corp.
Financials · Blank Checks · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY21 | FY20 | |
|---|---|---|
| Revenue | — | — |
| Operating income | −$7.2M | −$4,251 |
| Net income | −$1.3M | −$4,251 |
| Total assets | $230.7M | $365,748 |
| Total liabilities | $28.0M | $344,999 |
| Equity | −$27.3M | $20,749 |
| EPS (diluted) | — | — |
| Shares out. | — | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2021- Operating margin
- —
- Net margin
- —
- Return on equity
- 4.9%
- Return on assets
- −0.6%
- Return on capital (ROCE)
- −3.2%
- Liabilities / assets
- 12.1%
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- —
- 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 · FY2021- Altman Z″ (distress)
- -1.77distress
- Accruals / assets
- 0.3%clean
- Piotroski F-Score
- 2/6weak
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● 1 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Negative operating cash flow
- 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 17, 2022
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2021
- NT 10-Qmissed a reporting deadline ↗May 18, 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.
Material events
SEC Form 8-K · most recent- Delisting / listing-standard notice · Modified shareholder rights · Amended charter or bylaws · Shareholder vote · Other material eventDec 15, 2022
- Entered a material agreement · Terminated a material agreement · Regulation FD disclosureAug 18, 2022
- Entered a material agreement · New financial obligation · Unregistered equity saleJan 18, 2022
- Entered a material agreementJan 10, 2022
- Entered a material agreement · Unregistered equity sale · Regulation FD disclosureNov 23, 2021
- Prior financials not reliable (restatement)Nov 18, 2021
- Prior financials not reliable (restatement)May 28, 2021
- Other material eventFeb 26, 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 ↗- SC 13G/AFeb 1, 2023
- 15-12GFORM 15-12GDec 22, 2022
- 8-KCURRENT REPORTDec 15, 2022
- 25-NSEDec 12, 2022
- 10-QQUARTERLY REPORTNov 14, 2022
- DEF 14ADEFINITIVE PROXY STATEMENTOct 31, 2022
- PRE 14APRELIMINARY PROXY STATEMENTOct 11, 2022
- SC 13GAug 23, 2022
- 8-KCURRENT REPORTAug 18, 2022
- 10-QQUARTERLY REPORTAug 15, 2022
- 425FORM 425Jul 28, 2022
- 425FORM 425Jul 11, 2022
- 425FORM 425Jun 21, 2022
- 425FORM 425Jun 15, 2022
- NT 10-QNOTIFICATION OF LATE FILINGMay 17, 2022
Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.