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LCTC

LIFELOC TECHNOLOGIES, INC.
CIK 0001493137 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
75.0
composite ยท 4 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-13 ยท FY 2025-12-31 ยท TRIGGERED100.0

Zombie / distress

Zombie: interest coverage below 1.0x for 4 consecutive years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-27) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2025-12-31": -10.32,
    "2024-12-31": -35.078,
    "2023-12-31": -4.598,
    "2022-12-31": -15.096
  },
  "consecutive_years_below_1": 4,
  "altman_z_double_prime": 2.907,
  "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": -1230020,
    "interest_expense_t": 119190
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1493137/000107997326000376/0001079973-26-000376-index.htm",
    "form": "10-K",
    "filed": "2026-03-27"
  }
}
P-05 ยท FY 2021-12-31 ยท ELEVATED100.0

Tax arbitrage

[FY2021 data, stale โ€” no more recent pretax-income figure in XBRL] ETR -9.1% vs 21% statutory โ€” gap persistent across 1 of 1 years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2023-03-14) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2021-12-31": -0.0909
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2021-12-31": 0.3009
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": true,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1493137/000107997323000333/0001079973-23-000333-index.htm",
    "form": "10-K",
    "filed": "2023-03-14"
  }
}
P-01 ยท FY 2025-12-31 ยท CLEAN0.0

Earnings quality

Beneish M-Score -4.31 โ€” no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-27) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -4.309,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.997,
    "GMI": 1,
    "AQI": 0.123,
    "SGI": 1.057,
    "DEPI": 0.674,
    "SGAI": 1,
    "LVGI": 1.328,
    "TATA": -0.295
  },
  "defaulted_to_neutral": [
    "SGAI"
  ],
  "sloan_accruals": -0.2558,
  "inputs": {
    "revenue_t": 9026938,
    "revenue_t1": 8538145,
    "total_assets_t": 6686568,
    "net_income_t": -2470399,
    "cfo_t": -499319
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1493137/000107997326000376/0001079973-26-000376-index.htm",
    "form": "10-K",
    "filed": "2026-03-27"
  }
}
P-12 ยท FY 2025-12-31 ยท CLEAN12.3

Restatement predictor

F-Score 0.37 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-27) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.368,
  "probability": 0.00136,
  "components": {
    "rsst": -0.2558,
    "drec": 0.0052,
    "dinv": -0.0471,
    "soft": 0.656,
    "dcs": 0.0526,
    "droa": -0.2488,
    "issue": 0
  },
  "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/1493137/000107997326000376/0001079973-26-000376-index.htm",
    "form": "10-K",
    "filed": "2026-03-27"
  }
}