MIKROS SYSTEMS CORP
Industrials · Measuring & Controlling Devices, NEC · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | |
|---|---|---|---|---|---|---|
| Revenue | $6.4M | $8.6M | $7.2M | $5.1M | $7.4M | — |
| Operating income | $61,350 | $493,213 | $456,801 | $174,417 | $798,386 | $466,587 |
| Net income | $30,532 | $329,210 | $235,805 | $82,490 | $461,536 | $533,428 |
| Total assets | $3.2M | $3.8M | $3.2M | $2.9M | $3.7M | $3.0M |
| Total liabilities | $756,833 | $1.4M | $1.1M | $1.2M | $1.5M | $1.2M |
| Equity | $2.4M | $2.4M | $2.0M | $1.8M | $2.2M | $1.7M |
| EPS (diluted) | — | $0.01 | $0.01 | $0.03 | $0.01 | $0.02 |
| Shares out. | 35.6M | 35.6M | 35.4M | 32.2M | 32.0M | 32.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2019- Operating margin
- 1.0%
- Net margin
- 0.5%
- Return on equity
- 1.3%
- Return on assets
- 1.0%
- Return on capital (ROCE)
- 2.3%
- Liabilities / assets
- 23.8%
- Debt / equity
- 0.31×
- Book value / share
- $0.07
- Revenue growth (YoY)
- −25.6%
- Net income growth (YoY)
- −90.7%
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 · FY2019- Altman Z″ (distress)
- -0.72distress
- Accruals / assets
- 17.5%high accruals
- 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. What these scores mean →
Signs
● 2 severe● 3 warning● 2 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Revenue declined year-over-year
- Negative operating cash flow
- High accruals — earnings-quality risk
- Operating margin is positive
- Conservative leverage (liabilities < 50% of assets)
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 ↗Mar 26, 2002
- NT 10-Kmissed a reporting deadline ↗Mar 29, 2000
- NT 10-Kmissed a reporting deadline ↗Mar 31, 1999
- NT 10-Qmissed a reporting deadline ↗Nov 13, 1998
- NT 10-Qmissed a reporting deadline ↗May 15, 1998
- NT 10-Kmissed a reporting deadline ↗Mar 30, 1998
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.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Shareholder voteFeb 3, 2021
- Entered a material agreement · Director / officer change · Other material eventNov 13, 2020
- Director / officer changeJul 29, 2020
- Director / officer changeApr 27, 2020
- Entered a material agreement · New financial obligationApr 17, 2020
- Director / officer changeMar 2, 2020
- Other material eventOct 11, 2019
- Director / officer changeFeb 28, 2019
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 ↗- 15-12GFORM 15-12GFeb 4, 2021
- 8-KFORM 8-KFeb 3, 2021
- DEFM14AFORM DEFM14ADec 22, 2020
- PREM14AFORM PREM14ADec 10, 2020
- 10-QFORM 10-QNov 16, 2020
- 8-KFORM 8-KNov 13, 2020
- DEFA14AFORM 8-KNov 13, 2020
- 10-QFORM 10-QAug 14, 2020
- 8-KFORM 8-KJul 29, 2020
- 10-QFORM 10-QMay 15, 2020
- 8-KFORM 8-KApr 27, 2020
- 8-KFORM 8-KApr 17, 2020
- 10-KFORM 10-KMar 30, 2020
- 4FORM 4Mar 2, 2020
- 8-KFORM 8-KMar 2, 2020
Event-driven situations (1)
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