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CSPI

CSP Inc
CIK 0000356037 · EDGAR ↗
cleanelevatedtriggeredno dataplanned
21.6
composite · 3 signals · CLEAN

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-05 · FY 2023-09-30 · ELEVATED100.0

Tax arbitrage

[FY2023 data, stale — no more recent pretax-income figure in XBRL] ETR -9.9% vs 21% statutory — gap persistent across 1 of 1 years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2024-12-20) ↗
Evidence — inputs and thresholds
{
  "etr_by_year": {
    "2023-09-30": -0.099
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2023-09-30": 0.309
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": true,
  "latest_filing_period": "2025-09-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/356037/000035603724000070/0000356037-24-000070-index.htm",
    "form": "10-K",
    "filed": "2024-12-20"
  }
}
P-01 · FY 2025-09-30 · CLEAN24.5

Earnings quality

Beneish M-Score -2.64 — no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-12-16) ↗
Evidence — inputs and thresholds
{
  "m_score": -2.642,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.778,
    "GMI": 1.083,
    "AQI": 1.261,
    "SGI": 1.064,
    "DEPI": 1.326,
    "SGAI": 0.972,
    "LVGI": 1.159,
    "TATA": -0.033
  },
  "defaulted_to_neutral": [],
  "sloan_accruals": -0.0336,
  "inputs": {
    "revenue_t": 58730000,
    "revenue_t1": 55219000,
    "total_assets_t": 71163000,
    "net_income_t": -91000,
    "cfo_t": 2268000
  },
  "stale": false,
  "latest_filing_period": "2025-09-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/356037/000035603725000065/0000356037-25-000065-index.htm",
    "form": "10-K",
    "filed": "2025-12-16"
  }
}
P-12 · FY 2025-09-30 · CLEAN10.0

Restatement predictor

F-Score 0.30 — at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-12-16) ↗
Evidence — inputs and thresholds
{
  "f_score": 0.299,
  "probability": 0.00111,
  "components": {
    "rsst": -0.0336,
    "drec": -0.0355,
    "dinv": -0.0121,
    "soft": 0.6071,
    "dcs": 0.1087,
    "droa": 0.0034,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2025-09-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/356037/000035603725000065/0000356037-25-000065-index.htm",
    "form": "10-K",
    "filed": "2025-12-16"
  }
}