NextBoat Inc.
OTHNYSEIndustrials · Ship & Boat Building & Repairing · NV · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | |
|---|---|---|
| Revenue | $119.9M | $99.0M |
| Operating income | $462,912 | $2.7M |
| Net income | −$1.9M | $991,684 |
| Total assets | $48.4M | $31.6M |
| Total liabilities | $36.6M | $30.7M |
| Equity | $11.8M | $967,390 |
| EPS (diluted) | $-0.09 | $0.05 |
| Shares out. | 24.0M | 20.0M |
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
- 0.4%
- Net margin
- −1.6%
- Return on equity
- −15.8%
- Return on assets
- −3.9%
- Return on capital (ROCE)
- 2.6%
- Liabilities / assets
- 75.6%
- Debt / equity
- 3.09×
- Book value / share
- $0.49
- Revenue growth (YoY)
- 21.1%
- Net income growth (YoY)
- −288.7%
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)
- 1.19grey zone
- Accruals / assets
- −2.4%clean
- Beneish M-Score
- -0.84elevated
- Piotroski F-Score
- 3/9weak
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
● 5 warning● 3 good- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Beneish M-Score elevated — earnings-manipulation screen flag
- Altman Z″ in the grey zone
- Operating margin is positive
- 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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Corbin Chad GregoryOfficer — Chief Financial Officer | May 26, 2026 | Option exercise | 50,000 | $2.44 |
| Ruegg Jason DanielOfficer — President and Chairman | May 15, 2026 | Sell | 5,000 | $2.64 |
| John BrianOfficer — CEO and Director | May 15, 2026 | Sell | 120,000 | $2.41 |
| Ruegg Jason DanielOfficer — President and Chairman | Mar 31, 2026 | Buy | 10,000 | $2.03 |
| Simmons Andrew JamesOfficer — Vice President and Director | Mar 31, 2026 | Buy | 10,000 | $2.01 |
| John BrianOfficer — CEO and Director | Mar 31, 2026 | Buy | 53,350 | $2.06 |
| Gonnelli Robert RosarioDirector | Jan 16, 2026 | Buy | 5,000 | $2.60 |
| Simmons Andrew JamesOfficer — Vice President and Director | Dec 30, 2025 | Grant | 1.2M | $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.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 43,942 | 1.0 | +35.7% |
| Apr 30, 2026 | 32,381 | 1.0 | -10.6% |
| Apr 15, 2026 | 36,230 | 1.0 | -75.1% |
| Mar 31, 2026 | 145,610 | 1.7 | +205.3% |
| Mar 13, 2026 | 47,702 | 2.8 | -4.5% |
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- Regulation FD disclosureMay 19, 2026
- Results of operations · Regulation FD disclosureMay 14, 2026
- Completed an acquisition or disposition · New financial obligation · Unregistered equity sale · Regulation FD disclosureMay 14, 2026
- Regulation FD disclosureMay 4, 2026
- Regulation FD disclosureApr 9, 2026
- Regulation FD disclosureApr 6, 2026
- Regulation FD disclosureApr 2, 2026
- Regulation FD disclosureApr 1, 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 (1)
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