Financial Analysis
Filing-based analysis. Market pricing is not included. Fundamentals from SEC filings; economic data from FRED and the BLS. About our data
Filing evidence summary
Caution evidenceCoverage 4/5 core metricsLatest reported annual revenue changed -85.8% from the prior reported annual observation.
Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.
Evidence signals
- Revenue contracted
Latest reported annual revenue changed -85.8% from the prior reported annual observation.
Why this surfaced
Direction threshold: above +2% constructive; below -2% caution; otherwise monitor. This is not labeled one-year growth when filing periods have a gap. Period end 2024-12-31.
- Operating margin compressed
Operating margin changed -6990.6 percentage points from the prior annual period.
Why this surfaced
Direction threshold: more than +1 percentage point constructive; below -1 point caution. Period end 2024-12-31.
- Free cash flow was negative
Latest reported free cash flow was -$10M.
Why this surfaced
Free cash flow = operating cash flow minus capital expenditures; positive is supporting evidence, not a valuation conclusion. Period end 2025-12-31.
- 4 filing risk checks flagged
Flagged areas: Solvency & liquidity, Dilution.
Why this surfaced
The full financial analysis shows each value, threshold, and sector limitation.
Core trend metrics
Hover a tile for its exact definition; the Statements tab carries per-cell filing citations.
Where to look next
Risk checks
- Solvency & liquidity
- 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 filingThe latest 10-K carries no single-axis revenue breakdown; the quarter below is the only reported split.
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 · 790 in Materials| Metric | Value | vs all filers | vs sector |
|---|---|---|---|
Return on equity net income ÷ stockholders' equity (positive equity only) | -209.4% | 5thof 3,520 bottom third | 11thof 693 bottom third |
Cash-flow accrual ratio (net income − operating cash flow) ÷ average total assets · lower is ranked higher | -8.9% | 69thof 3,845 top third | 61stof 752 middle third |
Balance-sheet accrual ratio change in net operating assets ÷ average net operating assets · lower is ranked higher | -33.3% | 85thof 3,301 top third | 74thof 662 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 filedPer 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 · 13 changed periods| Line item | Period | First reported | Latest filing | Change | Filings |
|---|---|---|---|---|---|
| Diluted shares WeightedAverageNumberOfDilutedSharesOutstanding | quarter 2023-06-30 | 7,246,664 shares 10-Q 2023-08-21 | 453,035 shares 10-Q 2024-08-09 | -93.8% | first · latest |
| Diluted shares WeightedAverageNumberOfDilutedSharesOutstanding | quarter 2023-09-30 | 10,379,854 shares 10-Q 2023-11-13 | 648,860 shares 10-Q 2024-11-08 | -93.8% | first · latest |
| Diluted shares WeightedAverageNumberOfDilutedSharesOutstanding | fiscal year 2023-12-31 | 7,758,036 shares 10-K 2024-03-15 | 484,995 shares 10-K 2025-03-21 | -93.8% | first · latest |
| Diluted shares WeightedAverageNumberOfDilutedSharesOutstanding | quarter 2024-03-31 | 10,521,233 shares 10-Q 2024-05-10 | 657,698 shares 10-Q 2025-05-09 | -93.8% | first · latest |
| Basic shares WeightedAverageNumberOfSharesOutstandingBasic | quarter 2023-06-30 | 7,246,664 shares 10-Q 2023-08-21 | 453,035 shares 10-Q 2024-08-09 | -93.8% | first · latest |
| Basic shares WeightedAverageNumberOfSharesOutstandingBasic | quarter 2023-09-30 | 10,379,854 shares 10-Q 2023-11-13 | 648,860 shares 10-Q 2024-11-08 | -93.8% | first · latest |
| Basic shares WeightedAverageNumberOfSharesOutstandingBasic | fiscal year 2023-12-31 | 7,758,036 shares 10-K 2024-03-15 | 484,995 shares 10-K 2025-03-21 | -93.8% | first · latest |
| Basic shares WeightedAverageNumberOfSharesOutstandingBasic | quarter 2024-03-31 | 10,521,233 shares 10-Q 2024-05-10 | 657,698 shares 10-Q 2025-05-09 | -93.8% | first · latest |
| Net income NetIncomeLoss | quarter 2025-03-31 | -$3.24M 10-Q 2025-05-09 | -$2.95M 10-Q 2026-05-08 | +8.8% | first · latest |
| Operating income OperatingIncomeLoss | quarter 2025-03-31 | -$3.31M 10-Q 2025-05-09 | -$3.03M 10-Q 2026-05-08 | +8.6% | first · latest · 3 filings carry it |
| Stockholders' equity StockholdersEquity | balance at 2025-03-31 | $3.61M 10-Q 2025-05-09 | $3.9M 10-Q 2026-08-07 | +7.9% | first · latest · 4 filings carry it |
| Total liabilities Liabilities | balance at 2025-03-31 | $4.13M 10-Q 2025-05-09 | $3.85M 10-Q 2025-08-14 | -6.9% | first · latest |
| Operating income OperatingIncomeLoss | quarter 2021-06-30 | -$3.01M 10-Q 2021-08-13 | -$2.99M 10-Q 2022-08-12 | +0.7% | first · latest |
8 share-count periods re-presented for a stock split (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; share counts re-presented by an integer split ratio are listed as split adjustments, not restatements. 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 SNGX 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.