Mitesco, Inc.
MITIOTCTechnology · Services-Computer Programming, Data Processing, Etc. · NV · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $38,700 | $43,700 | $0 | $0 | $115,994 | $0 |
| Operating income | −$1.9M | −$1.2M | −$2.6M | −$4.3M | −$6.4M | −$2.5M |
| Net income | $498,724 | −$2.5M | −$13.3M | −$23.2M | −$7.9M | −$2.9M |
| Total assets | $132,108 | $189,841 | $2,838 | $2.6M | $10.7M | $798,514 |
| Total liabilities | $23.6M | $26.6M | $14.1M | $21.7M | $9.5M | $3.3M |
| Equity | −$23.5M | −$26.4M | −$14.1M | −$19.1M | $1.1M | −$2.5M |
| EPS (diluted) | $-0.14 | $-0.42 | $-2.91 | $-5.29 | — | — |
| Shares out. | 9.8M | 5.6M | 5.1M | 216.5M | 196.2M | 86.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −4852.8%
- Net margin
- 1288.7%
- Return on equity
- −2.1%
- Return on assets
- 377.5%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 17867.7%
- Debt / equity
- —
- Book value / share
- $-2.40
- Revenue growth (YoY)
- −11.4%
- 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 · FY2025- Altman Z″ (distress)
- -2616.89distress
- Accruals / assets
- 908.6%high accruals
- Piotroski F-Score
- 4/9mixed
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
● 3 severe● 5 warning● 0 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)
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- High accruals — earnings-quality risk
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-Qmissed a reporting deadline ↗May 15, 2026
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2026
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2024
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2024
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2023
- NT 10-Kmissed a reporting deadline ↗Apr 3, 2023
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- Anglo Irish Management LlcActivist (13D)Sep 11, 2025
- Leath Mack Rimmer Jr.Activist (13D)May 1, 2025
- Balencic Jordan PaulActivist (13D)Apr 29, 2025
- Mitchell John Gormer Jr.Activist (13D)Apr 24, 2025
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| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Leath Mack Rimmer Jr.Officer — CEO | Sep 22, 2025 | Grant | 8,787 | $0.18 |
| Leath Mack Rimmer Jr.Officer — CEO | Jul 3, 2025 | Grant | 4,063 | $0.37 |
| Balencic Jordan PaulDirector | Jun 30, 2025 | Grant | 4,063 | $0.37 |
| Leath Mack Rimmer Jr.Officer — CEO | Apr 24, 2025 | Grant | 847 | $0.59 |
| Balencic Jordan PaulDirector | Apr 24, 2025 | Grant | 1,136 | $0.44 |
| Mitchell John Gormer Jr.Director | Apr 24, 2025 | Grant | 1,136 | $0.44 |
| Leath Mack Rimmer Jr.Officer — CEO | Dec 15, 2024 | Grant | 1,250 | $0.40 |
| Balencic Jordan PaulDirector | Jan 15, 2025 | Grant | 1,471 | $0.34 |
| Mitchell John Gormer Jr.Director | Jan 15, 2025 | Grant | 1,471 | $0.34 |
| Balencic Jordan PaulDirector | Dec 15, 2024 | Grant | 1,250 | $0.40 |
| Mitchell John Gormer Jr.Director | Dec 15, 2024 | Grant | 1,250 | $0.40 |
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 | 7,115 | 1.0 | +100.0% |
| Apr 15, 2026 | 2,706 | 1.0 | +100.0% |
| Mar 13, 2026 | 56,730 | 1.0 | +19.7% |
| Feb 27, 2026 | 47,386 | 1.1 | -71.7% |
| Feb 13, 2026 | 167,391 | 1.0 | +310.5% |
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- Entered a material agreement · Unregistered equity sale · Director / officer change · Other material eventApr 24, 2026
- Entered a material agreement · Unregistered equity sale · Other material eventApr 15, 2026
- Director / officer change · Other material eventMar 13, 2026
- Entered a material agreement · Unregistered equity saleFeb 27, 2026
- Other material eventFeb 2, 2026
- Unregistered equity sale · Other material eventJan 21, 2026
- Entered a material agreement · Unregistered equity saleDec 23, 2025
- Other material eventDec 12, 2025
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 ↗- 10-QFORM 10-QMay 20, 2026
- NT 10-QFORM NT 10-QMay 15, 2026
- 8-KFORM 8-KApr 24, 2026
- 3Apr 20, 2026
- 10-KFORM 10-KApr 15, 2026
- 8-KFORM 8-KApr 15, 2026
- NT 10-KFORM NT 10-KMar 31, 2026
- 8-KFORM 8-KMar 13, 2026
- 8-KFORM 8-KFeb 27, 2026
- 8-KFORM 8-KFeb 2, 2026
- 8-KFORM 8-KJan 21, 2026
- EFFECTJan 14, 2026
- 424B3FORM 424B3Jan 13, 2026
- 424B3FORM 424B3Jan 12, 2026
- S-1FORM S-1Dec 31, 2025
Event-driven situations (2)
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