Embark Technology, Inc.
Technology · Services-Computer Integrated Systems Design · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | |
|---|---|---|---|
| Revenue | — | — | — |
| Operating income | −$153.7M | −$103.7M | −$22.4M |
| Net income | −$103.2M | −$124.2M | −$1,450 |
| Total assets | $214.7M | $291.0M | $249,917 |
| Total liabilities | $29.8M | $56.4M | $2.2M |
| Equity | $185.0M | $234.6M | $70.8M |
| EPS (diluted) | $-4.49 | $-13.40 | — |
| Shares out. | 362.9M | 51.8M | 10.3M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- —
- Net margin
- —
- Return on equity
- −55.8%
- Return on assets
- −48.0%
- Return on capital (ROCE)
- −74.6%
- Liabilities / assets
- 13.9%
- Debt / equity
- 0.16×
- Book value / share
- $0.51
- 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 · FY2022- Altman Z″ (distress)
- 2.17grey zone
- Accruals / assets
- −2.7%clean
- Piotroski F-Score
- 2/7weak
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
● 1 severe● 2 warning● 2 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Negative operating cash flow
- Altman Z″ in the grey zone
- 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, 2021
- NT 10-Kmissed a reporting deadline ↗Mar 31, 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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Sc Us (Ttgp), Ltd.10% owner | Aug 2, 2023 | J | 933,966 | — |
| Grady Patrick WDirector | Aug 2, 2023 | J | 9,884 | — |
| Sc Us (Ttgp), Ltd.10% owner | Aug 2, 2023 | J | 933,966 | — |
| Houghton Stephen MeyerOfficer — Former COO | Dec 8, 2022 | Sell | 1,145 | $3.14 |
| Robertson IanDirector | Aug 2, 2023 | D | 9,884 | — |
| Herscher PennyDirector | Aug 2, 2023 | D | 26,804 | — |
| Chiodo PatriciaDirector | Aug 2, 2023 | D | 10,760 | — |
| Chao Elaine L.Director | Aug 2, 2023 | D | 9,884 | — |
| Venkatesan SiddharthaOfficer — Former Chief Legal Officer | Mar 30, 2023 | Sell | 5,467 | $2.61 |
| Hawwa RichardOfficer — Former Chief Financial Officer | Mar 30, 2023 | Sell | 9,502 | $2.61 |
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.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsAug 2, 2023
- Shareholder voteJul 19, 2023
- Director / officer changeJul 6, 2023
- Director / officer changeJun 1, 2023
- Entered a material agreement · Modified shareholder rights · Other material eventMay 25, 2023
- Director / officer changeMay 10, 2023
- Director / officer changeMay 1, 2023
- Director / officer changeApr 6, 2023
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 ↗- 15-12GAug 14, 2023
- SC 13D/AAug 7, 2023
- SC 13D/AAug 7, 2023
- 4FORM 4 SUBMISSIONAug 4, 2023
- 4FORM 4 SUBMISSIONAug 4, 2023
- 4FORM 4 SUBMISSIONAug 4, 2023
- 4FORM 4 SUBMISSIONAug 4, 2023
- 4FORM 4 SUBMISSIONAug 4, 2023
- 4FORM 4 SUBMISSIONAug 4, 2023
- 4FORM 4 SUBMISSIONAug 4, 2023
- 4FORM 4 SUBMISSIONAug 4, 2023
- 4FORM 4 SUBMISSIONAug 4, 2023
- 4FORM 4 SUBMISSIONAug 4, 2023
- 3FORM 3 SUBMISSIONAug 4, 2023
- 4FORM 4 SUBMISSIONAug 4, 2023
Event-driven situations (2)
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