VERITEQ
Consumer Discretionary · Retail-Retail Stores, NEC · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY15 | FY14 | FY13 | FY12 | FY11 | FY10 | |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | $0 | $0 | $3.1M |
| Operating income | −$6.4M | −$7.7M | −$6.6M | −$2.4M | −$3.2M | −$8.2M |
| Net income | −$11.1M | −$3.9M | −$18.2M | −$6.3M | −$10.3M | −$5.8M |
| Total assets | $12,000 | $1.7M | $8.2M | $7.8M | $15.4M | $35.9M |
| Total liabilities | $14.5M | $8.6M | $22.4M | $7.8M | $11.4M | $23.4M |
| Equity | −$16.4M | −$8.7M | −$14.1M | −$2.3M | $4.1M | $12.5M |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 30.8M | 9.9M | 30.9M | 29.9M | 29.9M | 29.3M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2015- Operating margin
- —
- Net margin
- —
- Return on equity
- 68.2%
- Return on assets
- −92875.0%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 121033.3%
- Debt / equity
- —
- Book value / share
- $-0.53
- Revenue growth (YoY)
- —
- 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 · FY2015- Altman Z″ (distress)
- -21658.76distress
- Accruals / assets
- −82783.3%clean
- Piotroski F-Score
- 1/7weak
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
● 3 severe● 2 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- 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- NT 10-Kmissed a reporting deadline ↗Apr 3, 2017
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2016
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2015
- NT 10-Qmissed a reporting deadline ↗May 15, 2015
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2015
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2014
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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Penni Daniel EDirector | May 12, 2015 | Buy | 195.3M | $0.00 |
| Silverman Scott ROfficer — Chief Executive Officer | Apr 22, 2015 | Sell | 6.7M | $0.00 |
| Penni Daniel EDirector | Apr 20, 2015 | Sell | 5.3M | $0.00 |
| Penni Daniel EDirector | Dec 17, 2014 | Sell | 14,231 | $0.00 |
| Penni Daniel EDirector | Aug 25, 2014 | Buy | 20,000 | $0.02 |
| Siegel Ned LDirector | Jun 17, 2014 | Grant | 650,000 | $0.25 |
| Silverman Scott ROfficer — Chief Executive Officer | Oct 22, 2013 | Conversion | 5.5M | — |
| Geissler Randolph KOfficer — President | Oct 22, 2013 | Conversion | 909,436 | — |
| Penni Daniel EDirector | Oct 22, 2013 | Conversion | 19,084 | — |
| Krawitz Michael EDirector | Oct 22, 2013 | Conversion | 158,611 | — |
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.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Completed an acquisition or disposition · Unregistered equity sale · Change in control · Director / officer change · Item 5.06May 11, 2016
- Director / officer changeJan 19, 2016
- Entered a material agreement · New financial obligation · Unregistered equity sale · Change in control · Director / officer changeDec 2, 2015
- Changed auditorNov 20, 2015
- Completed an acquisition or disposition · Debt acceleration / triggering eventOct 23, 2015
- Debt acceleration / triggering event · Director / officer changeAug 20, 2015
- Amended charter or bylaws · Other material eventJul 28, 2015
- Entered a material agreement · New financial obligation · Unregistered equity sale · Director / officer changeMay 27, 2015
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 ↗- REVOKEDMar 10, 2023
- SC 13G/ANONESep 27, 2022
- SC 13G/ANONESep 16, 2021
- SC 13G/ANONESep 10, 2020
- SC 13G/ANONEAug 21, 2019
- SC 13G/ANONEJul 27, 2018
- 3OWNERSHIP DOCUMENTApr 13, 2018
- SC 13DSCHEDULE 13DMar 26, 2018
- NT 10-KNOTIFICATION OF LATE FILINGApr 3, 2017
- 10-QQUARTERLY REPORTFeb 17, 2017
- 10-QQUARTERLY REPORTFeb 17, 2017
- 10-QQUARTERLY REPORTFeb 17, 2017
- 10-KANNUAL REPORTFeb 17, 2017
- 8-K/AAMENDMENT NO.1 TO CURRENT REPORTAug 9, 2016
- 8-KCURRENT REPORTMay 11, 2016
Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.