Event-Driven Stocks

two

Financials · Blank Checks · E9 · SEC filings ↗ · Compare ⊕

Signs● 1 good● 1 warning● 3 severedetails ↓

Financials

SEC XBRL · annual
 FY23FY22FY21
Revenue———
Operating income−$2.9M−$1.4M−$778,440
Net income$1.3M$1.5M−$742,883
Total assets$53.2M$217.7M$215.8M
Total liabilities$11.7M$8.1M$7.7M
Equity−$3.0M−$7.6M−$6.3M
EPS (diluted)———
Shares out.——5.4M

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
−42.8%
Return on assets
2.4%
Return on capital (ROCE)
−7.0%
Liabilities / assets
22.0%
Debt / equity
—
Book value / share
—
Revenue growth (YoY)
—
Net income growth (YoY)
−15.0%

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)
-2.25distress
Accruals / assets
6.2%moderate
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 Score
25
/ 100
Profitability 33Growth 0Catalyst 33Earnings 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 severe● 1 warning● 1 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)

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.

Insider transactions

SEC Form 4 · most recent
3 acquisitions1 disposalsnet +5.9M shares · last 4
InsiderDateTypeSharesPrice
Hc Proptech Partners Iii Llc10% ownerMar 27, 2024Option exercise2.1M—
Hennessy Daniel J10% ownerMar 27, 2024Option exercise2.1M—
Hennessy Thomas DOfficer — CEOMar 27, 2024Option exercise2.1M—
Polar Asset Management Partners Inc.10% ownerMar 27, 2024J444,000$10.78

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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