CIK 0001485003 路 Philadelphia, PA 路 SIC 2834 路 All EDGAR filings
3 verified red-flag event(s) since 2025-04-01 and 18 earlier one(s) from our 2015-2025 history. Red flag score: 23 how it's calculated
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| Filed | Flag (links to the SEC filing) | Severity | Why |
|---|---|---|---|
| 2025-03-31 | Going-concern doubt | 5 | in auditor's report |
| 2024-11-07 | Going-concern doubt (10-Q) | 3 | quarterly (unaudited) disclosure |
| 2024-08-08 | Going-concern doubt (10-Q) | 3 | quarterly (unaudited) disclosure |
| 2023-03-08 | Auditor change | 2 | routine: auditor replaced after company merger/SPAC deal |
| 2021-03-15 | Going-concern doubt | 5 | in auditor's report |
| 2020-03-16 | Going-concern doubt | 5 | in auditor's report |
| 2019-03-01 | Going-concern doubt | 5 | in auditor's report |
| 2018-05-15 | Going-concern doubt (10-Q) | 3 | quarterly (unaudited) disclosure |
| 2018-04-02 | Going-concern doubt | 5 | in auditor's report |
| 2017-11-17 | Going-concern doubt (10-Q) | 3 | quarterly (unaudited) disclosure |
| 2017-11-15 | Filing-delay notice, quarterly report filed within extension (NT 10-Q) | 1 | report filed within the extension on 2017-11-17 |
| 2017-08-14 | Going-concern doubt (10-Q) | 3 | quarterly (unaudited) disclosure |
| 2017-05-04 | Going-concern doubt (10-Q) | 3 | quarterly (unaudited) disclosure |
| 2017-03-24 | Going-concern doubt | 5 | in auditor's report |
| 2016-11-14 | Going-concern doubt (10-Q) | 3 | quarterly (unaudited) disclosure |
| 2016-08-12 | Going-concern doubt (10-Q) | 3 | quarterly (unaudited) disclosure |
| 2016-05-05 | Going-concern doubt (10-Q) | 3 | quarterly (unaudited) disclosure |
| 2016-03-25 | Going-concern doubt | 5 | in auditor's report |
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 13.2 → score = 100 × (1 − e−points/50) = 23. Full method
| Flag | Filed | Severity | Points | Age | Decay | Counts |
|---|---|---|---|---|---|---|
| Going-concern doubt | 2025-11-12 | 3/5 | 14.0 | 341 d | ×0.27 | 3.8 |
| Going-concern doubt | 2025-08-07 | 3/5 | 14.0 | 438 d | ×0.19 | 2.6 |
| Going-concern doubt | 2025-05-13 | 3/5 | 14.0 | 524 d | ×0.13 | 1.9 |
| Going-concern doubt (history) | 2025-03-31 | 5/5 | 30.0 | 567 d | ×0.11 | 3.4 |
| Going-concern doubt (history) | 2024-11-07 | 3/5 | 14.0 | 711 d | ×0.06 | 0.9 |
| Going-concern doubt (history) | 2024-08-08 | 3/5 | 14.0 | 802 d | ×0.05 | 0.6 |
| Auditor change (history) | 2023-03-08 | 2/5 | 8.0 | 1321 d | ×0.01 | 0.0 |
| Going-concern doubt (history) | 2021-03-15 | 5/5 | 30.0 | 2044 d | ×0.00 | 0.0 |
| Going-concern doubt (history) | 2020-03-16 | 5/5 | 30.0 | 2408 d | ×0.00 | 0.0 |
| Going-concern doubt (history) | 2019-03-01 | 5/5 | 30.0 | 2789 d | ×0.00 | 0.0 |
| Going-concern doubt (history) | 2018-05-15 | 3/5 | 14.0 | 3079 d | ×0.00 | 0.0 |
| Going-concern doubt (history) | 2018-04-02 | 5/5 | 30.0 | 3122 d | ×0.00 | 0.0 |
| Going-concern doubt (history) | 2017-11-17 | 3/5 | 14.0 | 3258 d | ×0.00 | 0.0 |
| Filing-delay notice, quarterly report filed within extension (NT 10-Q) (history) | 2017-11-15 | 1/5 | 1.2 | 3260 d | ×0.00 | 0.0 |
| Going-concern doubt (history) | 2017-08-14 | 3/5 | 14.0 | 3353 d | ×0.00 | 0.0 |
| Going-concern doubt (history) | 2017-05-04 | 3/5 | 14.0 | 3455 d | ×0.00 | 0.0 |
| Going-concern doubt (history) | 2017-03-24 | 5/5 | 30.0 | 3496 d | ×0.00 | 0.0 |
| Going-concern doubt (history) | 2016-11-14 | 3/5 | 14.0 | 3626 d | ×0.00 | 0.0 |
| Going-concern doubt (history) | 2016-08-12 | 3/5 | 14.0 | 3720 d | ×0.00 | 0.0 |
| Going-concern doubt (history) | 2016-05-05 | 3/5 | 14.0 | 3819 d | ×0.00 | 0.0 |
| Going-concern doubt (history) | 2016-03-25 | 5/5 | 30.0 | 3860 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 | 2025-11-12 | $1.9M | +15.4% | -16.6% | -99.6% | pending |
| Going-concern doubt | 2025-08-07 | $11.5M | +30.1% | -83.6% | -87.2% | -99.2% |
| Going-concern doubt | 2025-05-13 | $7.8M | +184.0% | +42.7% | -75.1% | -99.9% |
| Going-concern doubt | 2025-03-31 | $13.0M | -39.8% | +18.7% | -11.4% | -90.2% |
| Going-concern doubt | 2024-11-07 | $42.7M | -29.5% | -51.5% | -80.0% | -95.9% |
| Going-concern doubt | 2024-08-08 | $37.4M | +26.2% | +38.7% | -42.0% | -66.2% |
| Auditor change | 2023-03-08 | $147.7M | -98.8% | -97.0% | -97.8% | -99.0% |
| Going-concern doubt | 2021-03-15 | $446.0M | -16.8% | +48.6% | -67.2% | -78.6% |
| Going-concern doubt | 2020-03-16 | $50.0M | -12.6% | +18.7% | +64.5% | +377.8% |
| Going-concern doubt | 2019-03-01 | $79.0M | +5.3% | +148.4% | +17.9% | -18.5% |
| Going-concern doubt | 2018-05-15 | $149.5M | -22.8% | -33.1% | -38.4% | -55.2% |
| Going-concern doubt | 2018-04-02 | $58.7M | +206.7% | +95.2% | +94.3% | -3.8% |
| Going-concern doubt | 2017-11-17 | $26.6M | +2.0% | +34.0% | +389.9% | +159.1% |
| Filing-delay notice, quarterly report filed within extension (NT 10-Q) | 2017-11-15 | $24.1M | -1.4% | +31.2% | +309.6% | +131.8% |
| Going-concern doubt | 2017-08-14 | $32.6M | -4.8% | -53.1% | -40.7% | +30.3% |
| Going-concern doubt | 2017-05-04 | $45.2M | -22.2% | -23.8% | -48.6% | +70.3% |
| Going-concern doubt | 2017-03-24 | $49.5M | +2.1% | -22.6% | -14.7% | -44.7% |
| Going-concern doubt | 2016-11-14 | $71.0M | -24.0% | -19.8% | -35.1% | -73.8% |
| Going-concern doubt | 2016-08-12 | $96.6M | +8.4% | -31.0% | -45.4% | -67.2% |
| Going-concern doubt | 2016-05-05 | $20.5M | +66.4% | +253.1% | +54.0% | +59.3% |
| Going-concern doubt | 2016-03-25 | $7.2M | +184.9% | +527.4% | +858.9% | +491.8% |
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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