SMART FOR LIFE, INC.
SMFLHealthcare · Healthcare · <br>Emerging growth company · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | |
|---|---|---|---|
| Revenue | $8.2M | $15.9M | $9.0M |
| Operating income | −$17.2M | −$12.0M | −$5.2M |
| Net income | −$22.7M | −$30.0M | −$7.8M |
| Total assets | $19.7M | $29.1M | $22.6M |
| Total liabilities | $26.0M | $31.5M | $28.7M |
| Equity | −$6.4M | −$2.4M | −$6.1M |
| EPS (diluted) | $-166.31 | $-3069.61 | $-0.61 |
| Shares out. | 39.2M | 77,614 | 13.9M |
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
- −208.6%
- Net margin
- −275.7%
- Return on equity
- 355.0%
- Return on assets
- −115.3%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 132.5%
- Debt / equity
- —
- Book value / share
- $-0.16
- Revenue growth (YoY)
- −48.3%
- 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 · FY2023- Altman Z″ (distress)
- -23.92distress
- Accruals / assets
- −85.6%clean
- Beneish M-Score
- -7.85normal
- Piotroski F-Score
- 1/9weak
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. What these scores mean →
Signs
● 3 severe● 5 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- 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 ↗Nov 14, 2024
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2024
- NT 10-Qmissed a reporting deadline ↗May 15, 2024
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2024
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2023
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2023
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 |
|---|---|---|---|---|
| Hrt Financial Lp10% owner | Sep 11, 2024 | Sell | 39,093 | $0.86 |
| Hrt Financial Lp10% owner | Sep 5, 2024 | Sell | 5,991 | $1.08 |
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.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 582 | 1.0 | 0.0% |
| Apr 30, 2026 | 582 | 1.0 | 0.0% |
| Apr 15, 2026 | 582 | 1.0 | 0.0% |
| Mar 31, 2026 | 582 | 1.0 | 0.0% |
| Mar 13, 2026 | 582 | 1.0 | 0.0% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Director / officer change · Other material eventDec 8, 2025
- Director / officer changeDec 13, 2024
- Changed auditorOct 15, 2024
- Entered a material agreement · Completed an acquisition or dispositionOct 4, 2024
- Delisting / listing-standard noticeSep 23, 2024
- Delisting / listing-standard noticeAug 26, 2024
- Other material eventJun 28, 2024
- Entered a material agreement · Unregistered equity sale · Other material eventJun 7, 2024
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 ↗- 8-KCURRENT REPORTDec 8, 2025
- 10-QQUARTERLY REPORTJun 11, 2025
- 10-QQUARTERLY REPORTMay 23, 2025
- 10-QQUARTERLY REPORTMay 12, 2025
- 25-NSEMar 21, 2025
- 8-KCURRENT REPORTDec 13, 2024
- SC 13G/ANov 14, 2024
- NT 10-QNOTIFICATION OF LATE FILINGNov 14, 2024
- 8-KCURRENT REPORTOct 15, 2024
- 8-KCURRENT REPORTOct 4, 2024
- 8-KCURRENT REPORTSep 23, 2024
- 10-KANNUAL REPORTSep 20, 2024
- 4PRIMARY DOCUMENTSep 12, 2024
- 4PRIMARY DOCUMENTSep 11, 2024
- 3PRIMARY DOCUMENTSep 11, 2024
Event-driven situations (1)
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