Event-Driven Stocks

Bite Acquisition Corp.

Financials · Blank Checks · DE · SEC filings ↗ · Compare ⊕

Signs3 good1 warning3 severedetails ↓

Financials

SEC XBRL · annual
 FY23FY22FY21FY20
Revenue
Operating income−$3.0M−$1.3M−$919,694−$802
Net income−$987,936$991,838−$798,333−$802
Total assets$30.9M$30.4M$200.5M$209,659
Total liabilities$4.1M$1.3M$652,177$405,618
Equity−$3.7M−$760,796−$141,101$24,198
EPS (diluted)$-0.11$0.04$-0.04$0.00
Shares out.8.6M25.6M5.6M5.0M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2023
Operating margin
Net margin
Return on equity
26.4%
Return on assets
−3.2%
Return on capital (ROCE)
−11.0%
Liabilities / assets
13.2%
Debt / equity
Book value / share
$-0.43
Revenue growth (YoY)
Net income growth (YoY)
−199.6%

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 · FY2023
Altman Z″ (distress)
-2.96distress
Accruals / assets
1.1%clean
Piotroski F-Score
1/7weak

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 Score
32
/ 100
Profitability 33Growth 0Catalyst 67Earnings quality 33Financial strength 25

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. What these scores mean →

Signs

3 severe1 warning3 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
  • Strong return on equity (>15%)
  • 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

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
8 acquisitions4 disposals3 open-market buy(s)net +1.6M shares · last 12
InsiderDateTypeSharesPrice
Stewart Julia ADirectorJun 27, 2024J60,000
Gonzalez Alberto ArduraOfficer — Chief Executive OfficerJun 27, 2024J150,000
Essa Joseph C.DirectorJun 27, 2024J60,000
Doporto Alejandre LuisDirectorJun 27, 2024J820,037
Smart Dine, Llc10% ownerJun 27, 2024J520,000
Gonzalez Alberto ArduraOfficer — Chief Executive OfficerMar 29, 2021J31,250$0.00
Smart Dine, Llc10% ownerMar 29, 2021J31,250$0.00
Warschawski Axel MoletOfficer — Chief Financial OfficerMar 29, 2021J31,250$0.00
Gomez Rafael Felipe De Jesus AguirreDirectorMar 29, 2021J31,250$0.00
Gomez Rafael Felipe De Jesus AguirreDirectorFeb 25, 2021Buy50,000
Gonzalez Alberto ArduraOfficer — Chief Executive OfficerFeb 25, 2021Buy50,000
Warschawski Axel MoletOfficer — Chief Financial OfficerFeb 25, 2021Buy50,000

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

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 (2)

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