CIK 0001477845 路 Malvern, PA 路 SIC 2834 路 All EDGAR filings
6 verified red-flag event(s) since 2025-04-01 and 9 earlier one(s) from our 2015-2025 history. Red flag score: 57 how it's calculated
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| Filed | Flag (links to the SEC filing) | Severity | Why |
|---|---|---|---|
| 2024-08-14 | Going-concern doubt (10-Q) | 3 | quarterly (unaudited) disclosure |
| 2024-05-10 | Going-concern doubt (10-Q) | 3 | quarterly (unaudited) disclosure |
| 2024-03-29 | Going-concern doubt | 5 | in auditor's report |
| 2023-11-08 | Going-concern doubt (10-Q) | 3 | quarterly (unaudited) disclosure |
| 2023-08-14 | Going-concern doubt (10-Q) | 4 | quarterly (unaudited) disclosure; also within 90 days: Auditor change |
| 2023-05-30 | Auditor change | 4 | also within 90 days: Going-concern doubt, Non-reliance / restatement |
| 2023-03-31 | Going-concern doubt | 5 | in auditor's report; also within 90 days: Auditor change, Non-reliance / restatement |
| 2023-03-06 | Non-reliance / restatement | 5 | also within 90 days: Auditor change, Going-concern doubt |
| 2020-03-25 | Going-concern doubt | 4 |
From our 10-year history, classified with the same rules as current flags. Older flags have no page of their own; see the research study for how flagged stocks did afterwards.
Computed only from the verified red flags below: each flag earns points for its severity, loses half its weight every 180 days, and companies with several different flag types in the past year get a bonus. Total points 42.6 → score = 100 × (1 − e−points/50) = 57. Full method
| Flag | Filed | Severity | Points | Age | Decay | Counts |
|---|---|---|---|---|---|---|
| Going-concern doubt | 2026-08-14 | 3/5 | 14.0 | 65 d | ×0.78 | 10.9 |
| Going-concern doubt | 2026-05-15 | 3/5 | 14.0 | 156 d | ×0.55 | 7.7 |
| Going-concern doubt | 2026-03-13 | 5/5 | 30.0 | 219 d | ×0.43 | 12.9 |
| Going-concern doubt | 2025-11-12 | 3/5 | 14.0 | 340 d | ×0.27 | 3.8 |
| Going-concern doubt | 2025-08-12 | 3/5 | 14.0 | 432 d | ×0.19 | 2.7 |
| Going-concern doubt | 2025-05-13 | 3/5 | 14.0 | 523 d | ×0.13 | 1.9 |
| Going-concern doubt (history) | 2024-08-14 | 3/5 | 14.0 | 795 d | ×0.05 | 0.7 |
| Going-concern doubt (history) | 2024-05-10 | 3/5 | 14.0 | 891 d | ×0.03 | 0.5 |
| Going-concern doubt (history) | 2024-03-29 | 5/5 | 30.0 | 933 d | ×0.03 | 0.8 |
| Going-concern doubt (history) | 2023-11-08 | 3/5 | 14.0 | 1075 d | ×0.02 | 0.2 |
| Going-concern doubt (history) | 2023-08-14 | 3/5 | 14.0 | 1161 d | ×0.01 | 0.2 |
| Auditor change (history) | 2023-05-30 | 3/5 | 14.0 | 1237 d | ×0.01 | 0.1 |
| Going-concern doubt (history) | 2023-03-31 | 5/5 | 30.0 | 1297 d | ×0.01 | 0.2 |
| Non-reliance / restatement (history) | 2023-03-06 | 5/5 | 30.0 | 1322 d | ×0.01 | 0.2 |
| Going-concern doubt (history) | 2020-03-25 | 4/5 | 22.0 | 2398 d | ×0.00 | 0.0 |
The red flag score summarizes how many, how serious and how recent a company's verified SEC red-flag filings are. It describes filing events only. It is not a fraud score, credit rating or prediction, and not investment advice.
| Flag | Date | Cap at flag | 30d | 90d | 180d | 1y |
|---|---|---|---|---|---|---|
| Going-concern doubt | 2026-08-14 | $69.4M | -36.3% | pending | pending | pending |
| Going-concern doubt | 2026-05-15 | $57.4M | -16.4% | -16.0% | pending | pending |
| Going-concern doubt | 2026-03-13 | $70.2M | -32.5% | -25.6% | -50.4% | pending |
| Going-concern doubt | 2025-11-12 | $60.3M | +95.7% | +13.7% | +13.3% | pending |
| Going-concern doubt | 2025-08-12 | $54.5M | -15.2% | -29.4% | -11.7% | -36.2% |
| Going-concern doubt | 2025-05-13 | $33.1M | +89.7% | +81.9% | +28.4% | +43.2% |
| Going-concern doubt | 2024-08-14 | $100.7M | +0.6% | -5.3% | -65.6% | -65.8% |
| Going-concern doubt | 2024-05-10 | $67.1M | +7.8% | +36.8% | +42.3% | -74.3% |
| Going-concern doubt | 2024-03-29 | $126.4M | -38.8% | -49.6% | -33.1% | -87.4% |
| Going-concern doubt | 2023-11-08 | $52.9M | +76.9% | +76.6% | -7.2% | +48.2% |
| Going-concern doubt | 2023-08-14 | $118.6M | -22.5% | -56.0% | -22.2% | -41.5% |
| Auditor change | 2023-05-30 | $113.9M | +6.4% | -7.0% | -44.8% | -55.2% |
| Going-concern doubt | 2023-03-31 | $137.9M | -26.1% | -29.1% | -53.2% | -40.5% |
| Non-reliance / restatement | 2023-03-06 | $131.5M | -24.0% | -16.3% | -26.9% | -43.7% |
| Going-concern doubt | 2020-03-25 | $16.3M | +14.1% | +49.9% | +45.5% | +868.0% |
Stock return after each flag; pending = window not yet elapsed; n/a = no price data (for older flags often because the stock no longer trades).
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