CIK 1130888

LIGHTYEAR NETWORK SOLUTIONS, INC.

CIK 0001130888 · EDGAR ↗

cleanelevatedtriggeredno dataplanned

74.7

composite · 4 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.

Chat with this filing →

Ask follow-up questions about the latest 10-K, with citations verified against the actual text. No account needed.

Investigation memo — generate one →

Run the bounded investigation agent — reads this company's signals and writes a short, cited summary.

Signals

P-13 · FY 2012-12-31 · TRIGGERED100.0

Zombie / distress

Zombie: interest coverage below 1.0x for 3 consecutive years

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2013-04-01) ↗

Evidence — inputs and thresholds

{
  "icr_by_year": {
    "2012-12-31": -7.648,
    "2011-12-31": -2.807,
    "2010-12-31": -32.759
  },
  "consecutive_years_below_1": 3,
  "altman_z_double_prime": -4.898,
  "definitions": {
    "zombie": "ICR<1 for 3+ consecutive FYs (BIS 2018)",
    "z_distress": "<1.1 distress, 1.1-2.6 gray, >2.6 safe"
  },
  "inputs": {
    "ebit_t": -1808580,
    "interest_expense_t": 236471
  },
  "stale": false,
  "latest_filing_period": "2012-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1130888/000114420413018946/0001144204-13-018946-index.htm",
    "form": "10-K",
    "filed": "2013-04-01"
  }
}

P-05 · FY 2010-12-31 · ELEVATED100.0

Tax arbitrage

[FY2010 data, stale — no more recent pretax-income figure in XBRL] ETR -2724.6% vs 21% statutory — gap persistent across 1 of 1 years

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2012-03-30) ↗

Evidence — inputs and thresholds

{
  "etr_by_year": {
    "2010-12-31": -27.2464
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2010-12-31": 27.4564
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": true,
  "latest_filing_period": "2012-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1130888/000114420412018534/0001144204-12-018534-index.htm",
    "form": "10-K",
    "filed": "2012-03-30"
  }
}

P-01 · FY 2012-12-31 · CLEAN0.0

Earnings quality

Beneish M-Score -3.72 — no manipulation profile

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2013-04-01) ↗

Evidence — inputs and thresholds

{
  "m_score": -3.721,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.951,
    "GMI": 1.078,
    "AQI": 0.98,
    "SGI": 0.942,
    "DEPI": 0.976,
    "SGAI": 0.937,
    "LVGI": 1.139,
    "TATA": -0.244
  },
  "defaulted_to_neutral": [],
  "sloan_accruals": -0.2149,
  "inputs": {
    "revenue_t": 66440789,
    "revenue_t1": 70495597,
    "total_assets_t": 15045636,
    "net_income_t": -2262826,
    "cfo_t": 1402802
  },
  "stale": false,
  "latest_filing_period": "2012-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1130888/000114420413018946/0001144204-13-018946-index.htm",
    "form": "10-K",
    "filed": "2013-04-01"
  }
}

P-12 · FY 2012-12-31 · CLEAN10.1

Restatement predictor

F-Score 0.30 — at or below the population base rate

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2013-04-01) ↗

Evidence — inputs and thresholds

{
  "f_score": 0.303,
  "probability": 0.00112,
  "components": {
    "rsst": -0.2149,
    "drec": -0.0319,
    "dinv": -0.004,
    "soft": 0.6337,
    "dcs": -0.0498,
    "droa": -0.1193,
    "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/1130888/000114420413018946/0001144204-13-018946-index.htm",
    "form": "10-K",
    "filed": "2013-04-01"
  }
}