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Financial Analysis

Filing-based analysis. Market pricing is not included. Fundamentals from SEC filings; economic data from FRED and the BLS. About our data

Fundamentals

Canton Strategic Holdings, Inc. CNTN

· Financials · Finance Services

Fundamentals
SEC EDGAR

Filing evidence summary

Caution evidenceCoverage 1/5 core metrics

Flagged areas: Dilution.

Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.

Evidence signals

  • 1 filing risk check flagged

    Flagged areas: Dilution.

    Why this surfaced

    The full financial analysis shows each value, threshold, and sector limitation.

Core trend metrics

ROIC snapshot
-3.5%
period varies

Hover a tile for its exact definition; the Statements tab carries per-cell filing citations.

Where to look next

Risk checks

1of 2 rule-based checks flagged
  • Dilution

Financial movement

  • Cash→ flat
  • Long-term debt→ flat
  • Inventory→ flat
  • Receivables→ flat
  • Current assets→ flat

Source & freshness

Source
SEC EDGAR XBRL
Fetched
2026-10-21
Latest period end
2025-12-31
Filings
EDGAR ↗

Reported segment mix

figures as filed · share of the filed sum · change vs the prior period in the same filing
Fiscal year ending 2025-12-3110-K filed 2026-03-31prior period 2024-12-31 from the same filingView filing
By business segment
Operating income
  • Clinical Stage Bio Technology-$17.3M
    86.2%
    +39.5% yoy
  • Digital Asset Treasury-$2.77M
    13.8%
    no prior

Members sum to the consolidated -$20.1M for this period.

Latest quarter
Quarter ending 2026-06-3010-Q filed 2026-08-14prior period 2025-06-30 from the same filingView filing
  • Other Revenue$1.3M
    87.2%
    no prior
  • Network Validation Revenue$191K
    12.8%
    no prior

Change is against the same quarter a year earlier, as reported in the same 10-Q.

Source: SEC DERA Financial Statement and Notes data sets. Dimensional XBRL facts on the business-segment, product/service and geographic axes; the engine keeps the accession of every figure. Descriptive and educational, not advice.

Peer percentiles

latest fiscal year ending 2025-12-31 · among 4,060 US-listed filers · 883 in Financials
MetricValuevs all filersvs sector
Return on equity
net income ÷ stockholders' equity (positive equity only)
-9.0%
34thof 3,520
middle third
14thof 752
bottom third
Cash-flow accrual ratio
(net income − operating cash flow) ÷ average total assets · lower is ranked higher
-7.6%
64thof 3,845
middle third
87thof 837
top third

Each filer's latest fiscal year as stored by the nightly crawl; fiscal year ends differ across the universe. A metric ranks only filers for which it is computable from filed facts. Ties split; a rank reads "better than N% of filers" in the metric's own direction. Descriptive and educational, not a rating.

Earnings quality

latest fiscal year ending 2025-12-31 · accruals and cash conversion as filed
Cash conversion
-
operating cash flow ÷ net income, latest fiscal year
Cash-flow accrual ratio
-7.6%
(net income − operating cash flow) ÷ average total assets
Balance-sheet accrual ratio
-
change in net operating assets ÷ average net operating assets
Cash-backed years
5 of 5
fiscal years where operating cash flow met or exceeded net income
Mean cash conversion
-
across the stored fiscal years with positive net income

Per fiscal year from filed facts: cash conversion = operating cash flow / net income (net income > 0); cash-flow accrual ratio = (net income - operating cash flow) / average total assets; balance-sheet accrual ratio = change in net operating assets / average net operating assets, NOA = (assets - cash) - (liabilities - debt). Descriptive; a missing input yields a missing ratio. High accrual ratios and cash conversion well below one are the measures the accruals literature associates with less persistent earnings; they are screens to read the cash-flow statement with, not conclusions. The per-year series is part of Pro risk analysis.

Point-in-time ledger

first-reported vs latest filing · periods since 2020-01-01 · 14 changed periods
Line itemPeriodFirst reportedLatest filingChangeFilings
Diluted shares
WeightedAverageNumberOfDilutedSharesOutstanding
quarter 2023-09-3017,294,113 shares
10-Q 2023-11-07
46,169 shares
10-Q 2024-11-07
-99.7%first · latest
Basic shares
WeightedAverageNumberOfSharesOutstandingBasic
quarter 2023-09-3017,294,113 shares
10-Q 2023-11-07
46,169 shares
10-Q 2024-11-07
-99.7%first · latest
Diluted shares
WeightedAverageNumberOfDilutedSharesOutstanding
quarter 2023-06-3014,950,408 shares
10-Q 2023-08-11
44,889 shares
10-Q 2024-08-09
-99.7%first · latest
Basic shares
WeightedAverageNumberOfSharesOutstandingBasic
quarter 2023-06-3014,950,408 shares
10-Q 2023-08-11
44,889 shares
10-Q 2024-08-09
-99.7%first · latest
Diluted shares
WeightedAverageNumberOfDilutedSharesOutstanding
quarter 2024-03-3111,757,808 shares
10-Q 2024-05-09
885,683 shares
10-Q 2025-05-12
-92.5%first · latest
Basic shares
WeightedAverageNumberOfSharesOutstandingBasic
quarter 2024-03-3111,757,808 shares
10-Q 2024-05-09
885,683 shares
10-Q 2025-05-12
-92.5%first · latest
Total liabilities
Liabilities
balance at 2022-03-31$1.02M
10-Q 2022-05-16
$1.75M
10-K/A 2023-05-22
+72.4%first · latest
Total liabilities
Liabilities
balance at 2022-06-30$745K
10-Q 2022-08-11
$1.21M
10-K/A 2023-05-22
+62.0%first · latest
Operating cash flow
NetCashProvidedByUsedInOperatingActivities
quarter 2022-03-31-$2.01M
10-Q 2022-05-16
-$2.73M
10-Q 2023-05-22
-36.0%first · latest · 3 filings carry it
Total liabilities
Liabilities
balance at 2022-09-30$717K
10-Q 2022-11-14
$902K
10-K/A 2023-05-22
+25.9%first · latest
Operating income
OperatingIncomeLoss
quarter 2025-06-30-$1.85M
10-Q 2025-08-14
-$1.43M
10-Q 2026-08-14
+22.8%first · latest
Total assets
Assets
balance at 2022-03-31$11.4M
10-Q 2022-05-16
$12.1M
10-K/A 2023-05-22
+6.5%first · latest
Total assets
Assets
balance at 2022-06-30$9.79M
10-Q 2022-08-11
$10.2M
10-K/A 2023-05-22
+4.7%first · latest
Total assets
Assets
balance at 2022-09-30$7.83M
10-Q 2022-11-14
$8.02M
10-K/A 2023-05-22
+2.4%first · latest

4 share-count periods re-presented for a stock split (1-for-25, 1-for-15) are listed apart from restatements and not counted above.

First filing reporting each period vs the latest filing carrying it (10-K and 10-Q only, periods since 2020, the extractor's winning tag per concept); a change under 0.5% is treated as rounding. A change can be a restatement, a reclassification or a re-tagging in a later comparative column; the two filings are linked so the reader can see which. Descriptive, not a verdict.

Notes by disclosure type

Not available for CNTN yet: no footnote text blocks on file for this filer in the ingested DERA files.

Fundamentals from SEC EDGAR. Scores, the DCF, and every model shown are educational analysis, not investment advice or price predictions.

Educational content only. Not financial advice. TrendNalysis provides educational and informational financial analysis built from public SEC filings and economic data (FRED, BLS). It is not financial, investment, tax, or legal advice and is not a recommendation to buy or sell any security. Market pricing is not currently included. Past performance does not guarantee future results. Always do your own research and consult a licensed financial professional before investing.