Event-Driven Stocks

ISC8 INC. /DE

Technology · Services-Computer Integrated Systems Design · DE · SEC filings ↗ · Compare ⊕

Signs2 good5 warning3 severedetails ↓

Financials

SEC XBRL · annual
 FY13FY12FY11FY10
Revenue$501,000$4.2M$5.2M$11.7M
Operating income−$15.0M−$9.2M−$10.6M−$7.3M
Net income−$28.0M−$19.7M−$15.8M−$11.2M
Total assets$5.0M$6.1M$10.6M$6.3M
Total liabilities$60.5M$41.6M$29.3M$16.4M
Equity−$55.6M−$35.4M−$18.7M−$10.1M
EPS (diluted)$-0.17$-0.16
Shares out.231.7M0113.7M33.5M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2013
Operating margin
−3001.8%
Net margin
−5593.8%
Return on equity
50.4%
Return on assets
−564.5%
Return on capital (ROCE)
Liabilities / assets
1218.9%
Debt / equity
Book value / share
$-0.24
Revenue growth (YoY)
−88.1%
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 · FY2013
Altman Z″ (distress)
-217.67distress
Accruals / assets
235.1%clean
Beneish M-Score
-14.36normal
Piotroski F-Score
1/9weak

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 Score
25
/ 100
Profitability 25Growth 0Catalyst 33Earnings 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. What these scores mean →

Signs

3 severe5 warning2 good
  • Negative shareholder equity
  • 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
  • Revenue declined year-over-year
  • High leverage (liabilities > 70% of assets)
  • Negative operating cash flow
  • Strong return on equity (>15%)
  • 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.

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 (2)

Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.