Event-Driven Stocks

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LCW

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

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Signs2 good1 warning3 severedetails ↓

Financials

SEC XBRL · annual
 FY23FY22FY21
Revenue
Operating income−$6.2M−$1.8M−$453,467
Net income$3.9M$9.9M$9.5M
Total assets$101.0M$236.9M$233.8M
Total liabilities$9.4M$13.0M$19.8M
Equity−$8.5M−$11.7M−$18.3M
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 · FY2023
Operating margin
Net margin
Return on equity
−46.1%
Return on assets
3.9%
Return on capital (ROCE)
−6.6%
Liabilities / assets
9.4%
Debt / equity
Book value / share
Revenue growth (YoY)
Net income growth (YoY)
−60.5%

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)
-2.01distress
Accruals / assets
4.7%clean
Piotroski F-Score
1/6weak

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 severe1 warning2 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

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
0 acquisitions3 disposalsnet 2.3M shares · last 3
InsiderDateTypeSharesPrice
Howard Alan E10% ownerOct 2, 2024D770,000
Hutter Robert J.Officer — Chief Executive OfficerOct 2, 2024D770,000
Fisher AdamOfficer — PresidentOct 2, 2024D770,000

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 (1)

Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.