CIK 1068796

MAXYGEN INC

CIK 0001068796 · EDGAR ↗

cleanelevatedtriggeredno dataplanned

100.0

composite · 3 signals · TRIGGERED

Every card below shows the score and the exact filing data it was computed from — no unexplained numbers. Some signals (P-02, P-03, P-08, P-09, P-10, P-11) pull live documents from SEC EDGAR the first time you view this company; a few of those (P-03, P-10, P-11) use AI to read the filing text, but every AI claim must quote the actual document verbatim or it's discarded — never a guess.

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Signals

P-01 · FY 2012-12-31 · TRIGGERED100.0

Earnings quality

Beneish M-Score 43.81 exceeds the -1.78 manipulation threshold

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2013-03-12) ↗

Evidence — inputs and thresholds

{
  "m_score": 43.805,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1,
    "GMI": 1,
    "AQI": 1,
    "SGI": 53.496,
    "DEPI": 0.276,
    "SGAI": 1,
    "LVGI": 1.661,
    "TATA": -0.052
  },
  "defaulted_to_neutral": [
    "DSRI",
    "GMI",
    "AQI",
    "SGAI"
  ],
  "sloan_accruals": -0.0383,
  "inputs": {
    "revenue_t": 30011000,
    "revenue_t1": 561000,
    "total_assets_t": 83221000,
    "net_income_t": 20123000,
    "cfo_t": 24867000
  },
  "stale": false,
  "latest_filing_period": "2012-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1068796/000119312513103219/0001193125-13-103219-index.htm",
    "form": "10-K",
    "filed": "2013-03-12"
  }
}

P-12 · FY 2012-12-31 · TRIGGERED100.0

Restatement predictor

F-Score 224.97 — misstatement risk 225.0x the base rate

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2013-03-12) ↗

Evidence — inputs and thresholds

{
  "f_score": 224.969,
  "probability": 0.83239,
  "components": {
    "rsst": -0.0383,
    "drec": null,
    "dinv": null,
    "soft": 0.2442,
    "dcs": 52.4955,
    "droa": -0.0706,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2012-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1068796/000119312513103219/0001193125-13-103219-index.htm",
    "form": "10-K",
    "filed": "2013-03-12"
  }
}

P-05 · FY 2012-12-31 · ELEVATED100.0

Tax arbitrage

ETR 4.6% vs 21% statutory — gap persistent across 2 of 2 years

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2013-03-12) ↗

Evidence — inputs and thresholds

{
  "etr_by_year": {
    "2012-12-31": 0.0457,
    "2010-12-31": -0.0342
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2012-12-31": 0.1643,
    "2010-12-31": 0.2442
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2012-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1068796/000119312513103219/0001193125-13-103219-index.htm",
    "form": "10-K",
    "filed": "2013-03-12"
  }
}