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CIK 1420031

EMMAUS LIFE SCIENCES, INC.
CIK 0001420031 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
99.5
composite ยท 3 signals ยท TRIGGERED

Every card below shows the score and the exact filing data it was computed from โ€” 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 โ€” never a guess.

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Signals

P-01 ยท FY 2018-12-31 ยท TRIGGERED100.0

Earnings quality

Beneish M-Score 22.01 exceeds the -1.78 manipulation threshold
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2019-03-21) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": 22.005,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1.716,
    "GMI": 0.471,
    "AQI": 6.419,
    "SGI": 29.364,
    "DEPI": 0.823,
    "SGAI": 1,
    "LVGI": 1.261,
    "TATA": -0.701
  },
  "defaulted_to_neutral": [
    "SGAI"
  ],
  "sloan_accruals": -0.5267,
  "inputs": {
    "revenue_t": 15076822,
    "revenue_t1": 513447,
    "total_assets_t": 74555187,
    "net_income_t": -57897560,
    "cfo_t": -5652001
  },
  "stale": false,
  "latest_filing_period": "2018-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1420031/000156459019008784/0001564590-19-008784-index.htm",
    "form": "10-K",
    "filed": "2019-03-21"
  }
}
P-12 ยท FY 2018-12-31 ยท TRIGGERED100.0

Restatement predictor

F-Score 84.13 โ€” misstatement risk 84.1x the base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2019-03-21) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 84.13,
  "probability": 0.31128,
  "components": {
    "rsst": -0.5267,
    "drec": 0.0134,
    "dinv": 0.0411,
    "soft": 0.7689,
    "dcs": 25.7841,
    "droa": -0.5071,
    "issue": 1
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2018-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1420031/000156459019008784/0001564590-19-008784-index.htm",
    "form": "10-K",
    "filed": "2019-03-21"
  }
}
P-13 ยท FY 2018-12-31 ยท TRIGGERED96.1

Zombie / distress

Zombie: interest coverage below 1.0x for 4 consecutive years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2019-03-21) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2018-12-31": -0.442,
    "2017-12-31": -1.717,
    "2016-12-31": -2.221,
    "2015-12-31": -3.905
  },
  "consecutive_years_below_1": 4,
  "altman_z_double_prime": -4.782,
  "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": -10099651,
    "interest_expense_t": 22825190
  },
  "stale": false,
  "latest_filing_period": "2018-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1420031/000156459019008784/0001564590-19-008784-index.htm",
    "form": "10-K",
    "filed": "2019-03-21"
  }
}