Palomino Laboratories Inc.
PALXOTCTechnology · Semiconductors & Related Devices · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Operating income | −$2.7M | −$6,123 | −$83,937 | — |
| Net income | −$3.2M | −$16,198 | −$83,937 | −$27,804 |
| Total assets | $8.4M | $138,125 | $380 | $500 |
| Total liabilities | $336,458 | $156,431 | $111,621 | $27,804 |
| Equity | $8.1M | −$18,306 | −$2,108 | −$27,304 |
| EPS (diluted) | $-0.47 | $-0.01 | $-0.02 | $-0.01 |
| Shares out. | 5.0M | 5.0M | 5.0M | 5.0M |
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
- −39.1%
- Return on assets
- −37.5%
- Return on capital (ROCE)
- −33.4%
- Liabilities / assets
- 4.0%
- Debt / equity
- 0.04×
- Book value / share
- $1.62
- 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- Altman Z″ (distress)
- 28.19safe
- Accruals / assets
- −22.3%clean
- Piotroski F-Score
- 4/7mixed
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
● 1 warning● 3 good- Negative operating cash flow
- Conservative leverage (liabilities < 50% of assets)
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Shealy Jeffrey B.Activist (13D)Oct 27, 2025
- Ogawa RichardActivist (13D)Oct 8, 2025
- Denbaars StevenActivist (13D)Oct 7, 2025
- Lucius Partners LlcActivist (13D)Oct 6, 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 |
|---|---|---|---|---|
| Ogawa RichardOfficer — Secretary | Apr 20, 2026 | Buy | 12,500 | $4.00 |
| Denbaars StevenDirector | Apr 20, 2026 | Buy | 12,500 | $4.00 |
| Shealy Jeffrey B.Officer — President and CEO | Sep 29, 2025 | J | 3.8M | — |
| Denbaars StevenDirector | Sep 29, 2025 | J | 1.6M | — |
| Ogawa RichardOfficer — Secretary | Sep 29, 2025 | J | 1.6M | — |
| Tu JasonOfficer — Chief Accounting Officer | Sep 29, 2025 | J | 83,334 | — |
| Lucius Partners Llc10% owner | Sep 29, 2025 | J | 1.0M | $0.00 |
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- Unregistered equity saleMay 5, 2026
- Entered a material agreement · Unregistered equity saleApr 24, 2026
- Other material eventApr 9, 2026
- Unregistered equity saleOct 30, 2025
- Entered a material agreement · Completed an acquisition or disposition · Unregistered equity sale · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Item 5.05 · Item 5.06Oct 6, 2025
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)
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