Event-Driven Stocks

ScanTech AI Systems Inc.

STAIOTC

Industrials · Instruments For Meas & Testing of Electricity & Elec Signals · DE · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 1 good● 4 warning● 1 severedetails ↓

Financials

SEC XBRL · annual
 FY24FY23
Revenue$542,166—
Operating income−$8.9M−$9.6M
Net income−$23.1M−$35.5M
Total assets$2.2M$1.3M
Total liabilities$157.7M$133.8M
Equity——
EPS (diluted)$-0.08$-0.20
Shares out.312.3M188.6M

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
−1644.8%
Net margin
−4254.4%
Return on equity
—
Return on assets
−1071.4%
Return on capital (ROCE)
—
Liabilities / assets
7327.0%
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 · FY2024
Accruals / assets
−763.8%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 Score
34
/ 100
Profitability 0Growth n/aCatalyst 67Earnings quality 67Financial strength 0

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

● 1 severe● 4 warning● 1 good
  • 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
  • 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

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

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
4 acquisitions8 disposalsnet +679,937 shares · last 12
InsiderDateTypeSharesPrice
Seaport Global Asset Management Llc10% ownerFeb 10, 2026Sell70,000$0.49
Seaport Global Asset Management Llc10% ownerDec 22, 2025Sell3,000$4.15
Seaport Global Asset Management Llc10% ownerDec 16, 2025Sell3,000$4.29
Seaport Global Asset Management Llc10% ownerOct 27, 2025Sell133,628$0.69
Seaport Global Asset Management Llc10% ownerOct 10, 2025Sell125,000$0.73
Seaport Global Asset Management Llc10% ownerSep 19, 2025Sell115,000$0.51
Falconer DolanOfficer — Chief Executive OfficerSep 3, 2025D207,256$0.00
Williams Demeakey Voshay SrOfficer — See RemarksJul 1, 2025Grant343,602$0.51
Seaport Global Asset Management Llc10% ownerJul 29, 2025Sell5,000$1.01
Williams Demeakey Voshay SrOfficer — See RemarksMay 14, 2025Grant4,268$1.09
Brenza KarlDirectorApr 2, 2025Grant690,000$0.00
Seaport Global Asset Management Llc10% ownerFeb 18, 2025Conversion303,951$9.87

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
SettlementShares shortDays to coverΔ vs prior
May 15, 202612,9471.0-6.6%
Apr 30, 202613,8561.0-48.0%
Apr 15, 202626,6411.0+7.6%
Mar 31, 202624,7691.0-43.2%
Mar 13, 202643,6331.0+88.9%

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 ↗

Event-driven situations (3)