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AAOI

Applied Optoelectronics, Inc.
CIK 0001158114 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
80.3
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 2025-12-31 ยท TRIGGERED90.9

Earnings quality

Beneish M-Score -0.60 exceeds the -1.78 manipulation threshold
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-02-26) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -0.598,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1.145,
    "GMI": 0.825,
    "AQI": 2.059,
    "SGI": 1.828,
    "DEPI": 1.251,
    "SGAI": 1,
    "LVGI": 0.691,
    "TATA": 0.117
  },
  "defaulted_to_neutral": [
    "SGAI"
  ],
  "sloan_accruals": 0.1588,
  "inputs": {
    "revenue_t": 455715000,
    "revenue_t1": 249365000,
    "total_assets_t": 1168423000,
    "net_income_t": -38228000,
    "cfo_t": -174428000
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1158114/000143774926005875/0001437749-26-005875-index.htm",
    "form": "10-K",
    "filed": "2026-02-26"
  }
}
P-12 ยท FY 2025-12-31 ยท ELEVATED37.7

Restatement predictor

F-Score 1.13 โ€” misstatement risk 1.1x the base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-02-26) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 1.13,
  "probability": 0.00418,
  "components": {
    "rsst": 0.1588,
    "drec": 0.1488,
    "dinv": 0.1107,
    "soft": 0.5017,
    "dcs": 0.3158,
    "droa": 0.3086,
    "issue": 1
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1158114/000143774926005875/0001437749-26-005875-index.htm",
    "form": "10-K",
    "filed": "2026-02-26"
  }
}
P-13 ยท FY 2023-12-31 ยท ELEVATED100.0

Zombie / distress

[FY2023 data, stale โ€” no more recent EBIT figure in XBRL] Interest coverage -4.39x below 1.0
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-02-26) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2025-12-31": null,
    "2024-12-31": null,
    "2023-12-31": -4.386,
    "2022-12-31": -9.337
  },
  "consecutive_years_below_1": 2,
  "altman_z_double_prime": -0.305,
  "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": -41349000,
    "interest_expense_t": 9428000
  },
  "stale": true,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1158114/000143774926005875/0001437749-26-005875-index.htm",
    "form": "10-K",
    "filed": "2026-02-26"
  }
}