Newton Golf Company, Inc.
NWTGNasdaqConsumer Discretionary · Sporting & Athletic Goods, NEC · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | |
|---|---|---|---|---|
| Revenue | $8.1M | $3.4M | $349,000 | $190,000 |
| Operating income | −$7.5M | −$5.0M | −$4.6M | −$2.9M |
| Net income | −$6.0M | −$11.8M | −$4.6M | −$3.5M |
| Total assets | $3.3M | $9.8M | $6.4M | $710,000 |
| Total liabilities | $2.4M | $15.0M | $604,000 | $2.2M |
| Equity | $926,000 | −$5.2M | $5.8M | −$1.9M |
| EPS (diluted) | $-1.63 | $-178.33 | $-113.38 | $-0.34 |
| Shares out. | 4.3M | 14.6M | 51,651 | 10.8M |
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
- −92.8%
- Net margin
- −74.0%
- Return on equity
- −650.1%
- Return on assets
- −182.5%
- Return on capital (ROCE)
- −778.1%
- Liabilities / assets
- 71.9%
- Debt / equity
- 2.56×
- Book value / share
- $0.22
- Revenue growth (YoY)
- 136.1%
- 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- Altman Z″ (distress)
- -43.00distress
- Accruals / assets
- −25.9%clean
- Beneish M-Score
- -0.34elevated
- Piotroski F-Score
- 6/9mixed
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.
Signs
● 2 severe● 5 warning● 2 good- 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
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Beneish M-Score elevated — earnings-manipulation screen flag
- Revenue is growing year-over-year
- 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-Kmissed a reporting deadline ↗Apr 1, 2025
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- Hoge Brett WidneyActivist (13D)Mar 18, 2026
- Murano Capital Partners LpPassive (13G)Jan 16, 2026
- L1 Capital Global Opportunities Master Fund, Ltd.Passive (13G)May 15, 2025
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| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Hemphill GreggDirector | May 19, 2026 | Grant | 25,035 | $0.00 |
| Hoge Brett WidneyDirector | Jan 30, 2026 | Grant | 22,877 | $0.00 |
| Bode John BDirector | Jan 30, 2026 | Grant | 18,549 | $0.00 |
| Casanta JaneDirector | Jan 30, 2026 | Grant | 22,877 | $0.00 |
| Campbell Gregor AlasdairOfficer — Executive Chairman & CEO | Dec 26, 2025 | Buy | 10,000 | $1.59 |
| Yorihiro AkinobuOfficer — Chief Technology Officer | Dec 18, 2025 | Grant | 225,000 | $0.00 |
| Clayborne JeffOfficer — Chief Financial Officer | Dec 18, 2025 | Grant | 175,000 | $0.00 |
| Campbell Gregor AlasdairOfficer — Executive Chairman & CEO | Dec 18, 2025 | Grant | 200,000 | $0.00 |
| Clayborne JeffOfficer — Chief Financial Officer | Dec 16, 2025 | Buy | 6,850 | $1.45 |
| Hoge Brett WidneyDirector | Nov 21, 2025 | Buy | 20,000 | $1.21 |
| Hoge Brett WidneyDirector | Nov 18, 2025 | Buy | 83,000 | $1.07 |
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 | 76,424 | 1.3 | +32.6% |
| Apr 30, 2026 | 57,641 | 1.2 | +40.1% |
| Apr 15, 2026 | 41,132 | 1.0 | -32.8% |
| Mar 31, 2026 | 61,176 | 2.3 | +27.5% |
| Mar 13, 2026 | 47,987 | 3.1 | -49.2% |
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 changeMay 20, 2026
- Results of operationsMay 14, 2026
- Entered a material agreement · New financial obligation · Unregistered equity saleApr 13, 2026
- Delisting / listing-standard noticeApr 9, 2026
- Director / officer changeApr 1, 2026
- Director / officer changeMar 30, 2026
- Entered a material agreement · New financial obligation · Unregistered equity saleMar 18, 2026
- Director / officer changeFeb 5, 2026
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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