Athena Technology Acquisition Corp. II — SEC financials & events

Financials

SEC XBRL · annual

	FY25	FY24	FY23	FY22	FY21
Revenue	—	—	—	—	—
Operating income	—	—	—	—	—
Net income	−$1.3M	−$2.6M	$1.3M	$1.5M	−$118,735
Total assets	$1.4M	$4.5M	$26.3M	$260.7M	$258.4M
Total liabilities	$18.0M	$19.0M	$16.5M	$10.5M	$9.7M
Equity	−$17.0M	−$18.9M	−$15.0M	−$8.8M	−$7.5M
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 · FY2025

Operating margin: —
Net margin: —
Return on equity: 7.5%
Return on assets: −93.9%
Return on capital (ROCE): —
Liabilities / assets: 1330.5%
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 · FY2025

Accruals / assets: −32.0%clean
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

38

/ 100

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.

Signs

● 2 severe● 2 warning● 1 good

Negative shareholder equity
Filed a late-filing notice (Form NT) — missed an SEC deadline
High leverage (liabilities > 70% of assets)
Negative operating cash flow
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 13, 2025
NT 10-Qmissed a reporting deadline ↗Aug 14, 2025
NT 10-Qmissed a reporting deadline ↗May 15, 2025
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 16, 2024

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.

Short interest

FINRA · bi-monthly

Settlement	Shares short	Days to cover	Δ vs prior
May 15, 2026	8	1.0	0.0%
Apr 30, 2026	8	1000.0	0.0%
Apr 15, 2026	8	1000.0	0.0%
Mar 31, 2026	8	1.0	0.0%
Mar 13, 2026	8	4.0	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

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 ↗