Event-Driven Stocks

TRANS LUX Corp

TNLX

Consumer Discretionary · Miscellaneous Manufacturing Industries · DE · SEC filings ↗ · Compare ⊕

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Signs● 2 good● 5 warning● 3 severedetails ↓

Financials

SEC XBRL · annual
 FY24FY23FY22FY21FY20FY19
Revenue$12.9M$15.6M$21.7M$11.3M$9.4M$17.0M
Operating income−$2.8M−$3.0M−$389,000−$4.2M−$4.6M−$451,000
Net income−$3.5M−$4.1M$323,000−$5.0M−$4.8M−$1.4M
Total assets$7.8M$8.3M$9.4M$8.7M$7.1M$12.3M
Total liabilities$25.1M$22.5M$19.7M$19.6M$14.1M$14.0M
Equity−$17.3M−$14.2M−$10.3M−$10.9M−$7.0M−$1.7M
EPS (diluted)$-0.26$-0.30$0.02$-0.37$-0.35—
Shares out.13.5M13.4M13.4M13.4M13.4M13.4M

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

Key ratios

from filings · FY2024
Operating margin
−21.5%
Net margin
−27.0%
Return on equity
20.1%
Return on assets
−44.7%
Return on capital (ROCE)
—
Liabilities / assets
322.1%
Debt / equity
—
Book value / share
$-1.28
Revenue growth (YoY)
−17.3%
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 · FY2024
Altman Z″ (distress)
-38.77distress
Accruals / assets
−31.8%clean
Beneish M-Score
-4.21normal
Piotroski F-Score
2/9weak

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.

Signs

● 3 severe● 5 warning● 2 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.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 30, 20253,2221.6+1351.3%
May 15, 20252221.0+73.4%
Apr 30, 20251281.0+509.5%
Apr 15, 2025211.0-99.2%
Mar 31, 20252,6012.0+591.8%

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

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)