VBI Vaccines Inc/BC
Healthcare · Pharmaceutical Preparations · A1 · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|---|
| Revenue | $8.7M | $1.1M | $631,000 | $1.1M | $2.2M | $3.4M |
| Operating income | −$79.9M | −$81.8M | −$68.0M | −$43.6M | −$52.4M | −$60.4M |
| Net income | −$92.8M | −$113.3M | −$69.8M | −$46.2M | −$54.8M | −$63.6M |
| Total assets | $87.0M | $155.1M | $210.3M | $209.4M | $122.2M | $137.6M |
| Total liabilities | — | — | — | — | — | — |
| Equity | $7.5M | $64.2M | $143.9M | $171.7M | $88.3M | $98.1M |
| EPS (diluted) | $-6.03 | $-13.16 | $-0.27 | — | — | — |
| Shares out. | 258.3M | 258.3M | 254.0M | 178.3M | 97.7M | 64.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- −920.4%
- Net margin
- −1069.3%
- Return on equity
- −1233.4%
- Return on assets
- −106.8%
- Return on capital (ROCE)
- −712.5%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $0.03
- Revenue growth (YoY)
- 702.4%
- 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 · FY2023- Accruals / assets
- −36.7%clean
- Piotroski F-Score
- 4/8mixed
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 severe● 3 warning● 2 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- 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.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 28, 2024
- NT 20-Fmissed a reporting deadline ↗Sep 30, 2011
- NT 20-Fmissed a reporting deadline ↗Sep 30, 2010
- NT 20-Fmissed a reporting deadline ↗Sep 24, 2009
- NT 20-Fmissed a reporting deadline ↗Sep 30, 2008
- NT 20-Fmissed a reporting deadline ↗Sep 28, 2007
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 · Other material eventJan 3, 2025
- Other material eventDec 10, 2024
- Bankruptcy or receivership · Delisting / listing-standard notice · Other material eventAug 2, 2024
- Bankruptcy or receivership · New financial obligation · Debt acceleration / triggering event · Other material eventJul 30, 2024
- Shareholder vote · Other material eventJun 25, 2024
- Regulation FD disclosureMay 29, 2024
- Delisting / listing-standard noticeMay 24, 2024
- Entered a material agreement · Terminated a material agreement · Results of operationsMay 15, 2024
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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