Forum Merger IV Corp
Financials · Blank Checks · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | |
|---|---|---|
| Revenue | — | — |
| Operating income | −$3.1M | −$1.9M |
| Net income | $7.6M | −$2.1M |
| Total assets | $340.2M | $338.0M |
| Total liabilities | $14.4M | $19.9M |
| Equity | −$13.8M | −$17.9M |
| 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 · FY2022- Operating margin
- —
- Net margin
- —
- Return on equity
- −55.4%
- Return on assets
- 2.2%
- Return on capital (ROCE)
- −0.9%
- Liabilities / assets
- 4.2%
- 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 · FY2022- Altman Z″ (distress)
- -1.24distress
- Accruals / assets
- 3.0%clean
- Piotroski F-Score
- 3/6weak
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 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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Forum Investors Iv LlcDirector | Jul 17, 2023 | D | 834,023 | $0.00 |
| Forum Investors Iv LlcDirector | Mar 30, 2021 | J | 54,023 | $10.00 |
| Forum Investors Iv LlcDirector | Mar 17, 2021 | J | 780,000 | $10.00 |
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- Regulation FD disclosureJul 12, 2023
- Director / officer change · Regulation FD disclosureJun 22, 2023
- Other material eventMay 23, 2023
- Other material eventApr 18, 2023
- Amended charter or bylaws · Shareholder vote · Regulation FD disclosureMar 9, 2023
- Other material eventFeb 14, 2023
- Prior financials not reliable (restatement)Nov 24, 2021
- Other material eventMay 11, 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/AFORM SC 13G/AFeb 8, 2024
- 15-12GFORM 15-12GJul 24, 2023
- SC 13D/AAMENDMENT NO. 2 TO SCHEDULE 13DJul 18, 2023
- 4OWNERSHIP DOCUMENTJul 18, 2023
- 25-NSEJul 14, 2023
- 8-KCURRENT REPORTJul 12, 2023
- 8-KCURRENT REPORTJun 22, 2023
- 8-KCURRENT REPORTMay 23, 2023
- 10-QQUARTERLY REPORTMay 12, 2023
- 8-KCURRENT REPORTApr 18, 2023
- SC 13GApr 10, 2023
- 3FORM 3Apr 10, 2023
- 10-KANNUAL REPORTMar 31, 2023
- 8-KCURRENT REPORTMar 9, 2023
- SC 13G/AFeb 14, 2023
Event-driven situations (1)
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