Papaya Growth Opportunity Corp. I
Financials · Blank Checks · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY24 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | −$1.4M | $1.9M | $1.6M | −$32,972 |
| Total assets | $8.2M | $25.1M | $298.1M | $276,420 |
| Total liabilities | $23.3M | $21.2M | $16.1M | $284,392 |
| Equity | −$23.2M | −$21.1M | −$11.3M | −$7,972 |
| 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 · FY2024- Operating margin
- —
- Net margin
- —
- Return on equity
- 6.1%
- Return on assets
- −17.2%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 284.2%
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- −174.8%
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 · FY2024- Accruals / assets
- −0.6%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 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
● 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 ↗May 15, 2025
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2025
- NT 10-Qmissed a reporting deadline ↗May 15, 2024
- NT 10-Qmissed a reporting deadline ↗May 16, 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 |
|---|---|---|---|---|
| Papaya Growth Opportunity I Sponsor, Llc10% owner | Feb 16, 2024 | Option exercise | 7.5M | — |
| Whitehead ClayOfficer — Chief Executive Officer | Feb 16, 2024 | Option exercise | 7.5M | — |
| Whitehead ClayOfficer — Chief Executive Officer | Jan 19, 2022 | Buy | 1.1M | — |
| Papaya Growth Opportunity I Sponsor, Llc10% owner | Jan 19, 2022 | Buy | 1.1M | — |
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- Entered a material agreement · Amended charter or bylaws · Shareholder vote · Regulation FD disclosureDec 17, 2025
- Entered a material agreement · Terminated a material agreementOct 2, 2025
- Entered a material agreementApr 25, 2025
- Regulation FD disclosure · Other material eventApr 21, 2025
- Director / officer changeMar 20, 2025
- Entered a material agreement · Delisting / listing-standard notice · Amended charter or bylaws · Shareholder vote · Regulation FD disclosureJan 17, 2025
- Delisting / listing-standard notice · Regulation FD disclosureJun 7, 2024
- Prior financials not reliable (restatement)May 24, 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 ↗- 425Dec 17, 2025
- 8-KFORM 8-KDec 17, 2025
- 10-QDec 9, 2025
- DEF 14CNov 24, 2025
- PRE 14CNov 13, 2025
- 425Oct 2, 2025
- 8-KFORM 8-KOct 2, 2025
- 25-NSEJun 5, 2025
- NT 10-QMay 15, 2025
- 8-KFORM 8-KApr 25, 2025
- 8-KFORM 8-KApr 21, 2025
- 10-KApr 15, 2025
- NT 10-KMar 31, 2025
- 8-KFORM 8-KMar 20, 2025
- 8-KFORM 8-KJan 17, 2025
Event-driven situations (1)
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