Nano Magic Inc.
NMGXOTCIndustrials · Coating, Engraving & Allied Services · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|---|
| Revenue | $2.8M | $2.6M | $4.3M | $4.8M | $2.4M | $4.5M |
| Operating income | −$2.8M | −$3.4M | −$1.6M | −$792,646 | −$1.0M | −$40,393 |
| Net income | −$2.9M | −$2.1M | −$1.6M | −$781,055 | −$964,987 | $22,072 |
| Total assets | $3.5M | $4.1M | $4.1M | $4.8M | $1.3M | $1.6M |
| Total liabilities | $2.2M | $2.5M | $2.2M | $3.4M | $1.8M | $2.4M |
| Equity | $1.3M | $1.6M | $1.9M | $1.4M | −$446,856 | −$837,584 |
| EPS (diluted) | $-0.25 | $-0.21 | $-0.17 | $-0.10 | $-0.21 | $0.01 |
| Shares out. | 10.8M | 10.1M | 9.7M | 7.2M | 5.5M | 3.2M |
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
- −102.1%
- Net margin
- −102.6%
- Return on equity
- −218.0%
- Return on assets
- −81.2%
- Return on capital (ROCE)
- −125.1%
- Liabilities / assets
- 62.7%
- Debt / equity
- 1.68×
- Book value / share
- $0.12
- Revenue growth (YoY)
- 8.0%
- 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- Altman Z″ (distress)
- -17.87distress
- Accruals / assets
- −37.5%clean
- Beneish M-Score
- -5.01normal
- 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
- 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-Qmissed a reporting deadline ↗Nov 14, 2024
- NT 10-Qmissed a reporting deadline ↗Aug 13, 2024
- NT 10-Qmissed a reporting deadline ↗May 10, 2024
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2024
- NT 10-Kmissed a reporting deadline ↗Mar 30, 2023
- NT 10-Qmissed a reporting deadline ↗Aug 12, 2022
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- Berman Ronald JActivist (13D)Feb 12, 2025
- Rickert Scott E.Activist (13D)Feb 10, 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.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 5,126 | 1.0 | -2.0% |
| Apr 30, 2026 | 5,231 | 1.0 | 0.0% |
| Apr 15, 2026 | 5,231 | 121.7 | 0.0% |
| Mar 31, 2026 | 5,231 | 18.9 | 0.0% |
| Mar 13, 2026 | 5,231 | 1.0 | +2.0% |
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- Director / officer changeDec 12, 2024
- Regulation FD disclosureOct 16, 2024
- Director / officer changeJul 30, 2024
- Changed auditorJun 24, 2024
- Director / officer changeApr 29, 2024
- Regulation FD disclosureApr 24, 2024
- Entered a material agreementFeb 7, 2024
- Director / officer changeOct 24, 2023
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)
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