Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026


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Vyome Holdings, Inc.HIND · healthcare
GradeBearEweakest fifth of 371 graded peers; percentile 97.8, sampling error 2.5 points; lower is stronger
Rank363 of 371
ProfitabilityC/Dpercentile 62.5
SolvencyD/Epercentile 80.3
Growth and financingEpercentile 91.6
Reliability0.76 AUCfailure model, filers with under $12.5M assets; 95% interval 0.65 to 0.86; 63 events, 2020 to 2025
Peer failure rate0.60% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025
Size bandunder $12.5M assetstotal assets $6.5M[1]
Standard universeoutsiderevenue above $1M and assets above $10M[1-2]
Warningsdilution, late filer · fortress balance sheetnot computable: distress
Inputs computable8 of 14
Graded fromfilings received through Mar 18, 2026205 days before the rescan; every figure keyed to the SEC receipt date
Last close$2.032026-10-07; market equity $14.2M; iex feed
Price used in gradeNone
Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history
$2$4$6NovDecJanFebMarAprMayJunJulAugSepOctE$2.03
ABCDE20132014201520162017201820192020202120222023202420252026

Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date.

Open this report as it stood on

Letter setLetterPercentileBand
Jan 21, 2012nonen/a
Mar 21, 2017nonen/aQ2
Mar 21, 2021E100.0Q1
Apr 21, 2022E88.6Q2
Apr 21, 2023nonen/aQ1
Apr 21, 2024E98.6Q1

Each date opens the report as it stood on that rescan.

Business, in the company's words. Opening of Item 1 of the 10-K received Mar 18, 2026; the document on sec.gov.

Lifesciences Inc. (now known as Vyome Holdings, Inc.) (the “Company”) completed the merger pursuant to the Agreement and Plan of Merger, dated as of July 8, 2024, as amended (the “Merger Agreement”), by and among the Company, Raider Lifesciences Inc., a wholly owned subsidiary of the Company (“Merger Sub”), and Vyome Therapeutics, Inc. (“Vyome”). Pursuant to the Merger Agreement, Merger Sub merged with and into Vyome, with Vyome surviving the merger as a subsidiary of the Company (the “Merger”). As a result of the Merger, the Company was renamed “Vyome Holdings, Inc.

Warnings [top]

Dilution. split-adjusted year-over-year share growth is 6124.2%[3-4]
Late filer. found 2 NT 10-K/Q filings in the last eight quarters
Fortress balance sheet. cash minus debt is 11,257,000 USD; Altman Z is not used[5-6]

7 checks ran; none of them enters the letter. The checks are listed on the warnings screen.

The Fourteen Inputs [top]

Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.

InputPercentile, 0 to 100ValueSourcePeer medianPercentilePeersPeriod end
Profitability, sleeve percentile 62.5
Gross profitability3.4%[1,7]32.2%87.63722025-12-31
Return on invested capitalnot computable9.3%
required facts have no common fiscal period end
Accruals ratio(165.3%)[1,8-10](6.6%)2.78112025-12-31
Gross margin stability, five years24.6 pts[2,7,11-18]2.8 pts97.12432025-12-31
Solvency, sleeve percentile 80.3
Twelve-month failure probabilitynot computable0.07%
latest liabilities, cash plus short-term investments, book equity, and shares are required
Altman Z double-prime(50.57)[1,19-24](0.31)88.77562025-12-31
Net debt to EBITDAnot computable1.82x
required facts have no common fiscal period end
Interest coveragenot computable(4.51x)
one or more required annual facts are missing
Current ratio1.99x[19-20]2.96x72.08392025-12-31
Growth and financing, sleeve percentile 91.6
Revenue growth, three-year compound(69.5%)[2,12,14,16]10.0%97.84152025-12-31
Free cash flow growth, three-year compoundnot computable10.9%
four consecutive annual FCF observations are required; found 7
Reinvestment ratenot computable37.1%
pretax income must exceed the validity floor and imply a 0%-100% tax rate
Asset growth, three years(16.5%)[1,10,25-26]2.1%78.17042025-12-31
Net share issuance, one year6,124.2%[3-4]2.5%98.96342026-03-17

Gross profitability. Revenue less cost of goods sold, over total assets.

Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.

Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.

Twelve-month failure probability. CHS model; lower is stronger.

Net debt to EBITDA. Lower is stronger.

Net share issuance, one year. Split-adjusted; lower is stronger.

Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite 0.627; sampling error 2.5 percentile points on 371 peers.

Among 371 Peers [top]

ABCDEJNJ, Johnson & Johnson; C, percentile 44.9; market equity $618.1BJNJLLY, ELI Lilly & Co.; C, percentile 55.7; market equity $1.1TLLYABBV, AbbVie Inc.; D, percentile 63.2; market equity $481.4BABBVGILD, Gilead Sciences, Inc.; D/E, percentile 78.9; market equity $182.4BGILDMRK, Merck & Co., Inc.; D/E, percentile 80.8; market equity $351.3BMRKAMGN, Amgen Inc.; E, percentile 85.1; market equity $220.3BAMGNHIND 97.8strongerweaker

Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.

RankCompanyPercentileLetterWarnings
358Dare Bioscience, Inc. (DARE)

Dare Bioscience, Inc. (DARE)

Eweakest fifth; percentile 96.5

Nasdaq · Pharmaceutical Preparations

market equity $11.8M; last close $0.76

Warnings: dilution; 7 of 14 inputs

96.5Edilution
359Longeveron Inc. (LGVN)

Longeveron Inc. (LGVN)

Eweakest fifth; percentile 96.8

Nasdaq · Pharmaceutical Preparations

last close $2.38

Warnings: short runway; 7 of 14 inputs

96.8Eshort runway
360Clene Inc. (CLNN)

Clene Inc. (CLNN)

Eweakest fifth; percentile 97.0

Nasdaq · Pharmaceutical Preparations

market equity $49.9M; last close $3.88

Warnings: dilution, distress; 8 of 14 inputs

97.0Edilution, distress
361Agenus Inc. (AGEN)

Agenus Inc. (AGEN)

Eweakest fifth; percentile 97.3

Nasdaq · Biological Products, (No Diagnostic Substances)

market equity $339.5M; last close $7.53

Warnings: dilution, short runway; 7 of 14 inputs

97.3Edilution, short runway
362Nektar Therapeutics (NKTR)

Nektar Therapeutics (NKTR)

Eweakest fifth; percentile 97.6

Nasdaq · Pharmaceutical Preparations

market equity $1.4B; last close $40.77

Warnings: dilution, short runway; 8 of 14 inputs

97.6Edilution, short runway
363Vyome Holdings, Inc. (HIND)

Vyome Holdings, Inc. (HIND)

Eweakest fifth; percentile 97.8

Nasdaq · Pharmaceutical Preparations

market equity $14.2M; last close $2.03

Warnings: dilution, late filer, fortress balance sheet; 8 of 14 inputs

97.8Edilution, late filer, fortress balance sheet
364Sintx Technologies, Inc. (SINT)

Sintx Technologies, Inc. (SINT)

Eweakest fifth; percentile 98.1

Nasdaq · Surgical & Medical Instruments & Apparatus

market equity $14.1M; last close $2.11

Warnings: dilution, short runway; 8 of 14 inputs

98.1Edilution, short runway
365Coherus Oncology, Inc. (CHRS)

Coherus Oncology, Inc. (CHRS)

Eweakest fifth; percentile 98.4

Nasdaq · Biological Products, (No Diagnostic Substances)

market equity $165.3M; last close $1.06

Warnings: dilution, short runway; 10 of 14 inputs

98.4Edilution, short runway
366Alector, Inc. (ALEC)

Alector, Inc. (ALEC)

Eweakest fifth; percentile 98.6

Nasdaq · Biological Products, (No Diagnostic Substances)

market equity $225.5M; last close $2.02

Warnings: short runway, fortress balance sheet; 7 of 14 inputs

98.6Eshort runway, fortress balance sheet
367Atara Biotherapeutics, Inc. (ATRA)

Atara Biotherapeutics, Inc. (ATRA)

Eweakest fifth; percentile 98.9

Nasdaq · Biological Products, (No Diagnostic Substances)

market equity $92.6M; last close $9.05

Warnings: dilution, short runway; 8 of 14 inputs

98.9Edilution, short runway
368HCW Biologics Inc. (HCWB)

HCW Biologics Inc. (HCWB)

Eweakest fifth; percentile 99.2

Nasdaq · Pharmaceutical Preparations

market equity $2.8M; last close $1.62

Warnings: dilution, short runway, late filer, degenerate inputs, fortress balance sheet; 8 of 14 inputs

99.2Edilution, short runway, late filer, degenerate inputs, fortress balance sheet
Peer policyLetterPercentilePeers
all graded filers, equal sleevesE98.02204
sector peers, equal sleeves (the grade)E97.8371
same exchange, equal sleevesE97.91219
sector peers, equal inputsE98.4371

Each letter is one fifth of the 371 graded peers, about 74 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.

What the Price Implies [top]

Market measures at the 2026-10-07 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest month(58.3%)8.0%11hotter than 11 of 100 peers
Distance from 52-week high(67.8%)(31.4%)12closer to its high than 12 of 100 peers
EBIT to enterprise value(111.7%)(1.5%)5pricier than 95 of 100 peers
Free cash flow yield(119.3%)(1.0%)5pricier than 95 of 100 peers
Book value to price0.510.2870pricier than 30 of 100 peers
Sales to price0.020.319pricier than 91 of 100 peers
Composite equity issuance, five years1,332.0%20.3%99more equity-funded than 99 of 100 peers
Relative strength against the sector, log excess return(1.09)(0.14)11ahead of 11 of 100 peers

Inputs: market equity $14.2M; EBIT -$10.5M; free cash flow -$17.0M; book equity $7.3M; sales $319,714; debt $3.0M; cash $7.9M[27].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: None of 9, period end 2025-12-31
Return on assets above zero(742.8%)✗ fail[8,10]
Operating cash flow above zero-$3.7M✗ fail[9]
Return on assets improved(729.2 pts)✗ fail[8,10,25,28]
Operating cash flow exceeds net income$6.5M✓ pass[8-9]
Long-term leverage felln/a[1,10,25]
Current ratio improved193.6 pts✓ pass[19-20,29-30]
No new shares issued6,124.2%✗ fail[3-4]
Gross margin improved66.0 pts✓ pass[2,7,11-12]
Asset turnover improved(51.9 pts)✗ fail[2,10,12,25]
Cash, filings, liquidity
Cash and equivalents$7.9M[31]
Operating cash flow, four quarters-$5.6M[9,31-35]
Months of runway17.0
Late filings, two years2
NT 10-K or NT 10-Q
Days since last periodic filing58
10-Q received Aug 12, 2026
Median daily dollar volume$16,258
63 sessions
Days since newest grade input205

Downloads [top]

Sources [top]

Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.

#ConceptXBRL tagValuePeriod endReceivedFormLinks
1assetsus-gaap:Assets$6.5M2025-12-312026-03-1810-Kfiling · viewer · series
2revenueus-gaap:Revenues$319,7142025-12-312026-03-1810-Kfiling · viewer · series
3shares outstandingdei:EntityCommonStockSharesOutstanding7,018,5282026-03-172026-03-1810-Kfiling · viewer · series
4shares outstandingdei:EntityCommonStockSharesOutstanding11,276,2482025-04-022025-04-0410-Kfiling · viewer · series
5cashus-gaap:CashAndCashEquivalentsAtCarryingValue$21.2M2018-12-312020-02-2710-Kfiling · viewer · series
6total debtus-gaap:LongTermDebt$9.9M2018-12-312019-02-2210-Kfiling · viewer · series
7gross profitus-gaap:GrossProfit$218,7712025-12-312026-03-1810-Kfiling · viewer · series
8net incomeus-gaap:NetIncomeLoss-$10.3M2025-12-312026-03-1810-Kfiling · viewer · series
9operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$3.7M2025-12-312026-03-1810-Kfiling · viewer · series
10assetsus-gaap:Assets$1.4M2024-12-312026-03-1810-Kfiling · viewer · series
11gross profitus-gaap:GrossProfit$194,9702024-12-312026-03-1810-Kfiling · viewer · series
12revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$8.0M2024-12-312025-04-0410-Kfiling · viewer · series
13gross profitus-gaap:GrossProfit$5.5M2023-12-312025-04-0410-Kfiling · viewer · series
14revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$8.7M2023-12-312025-04-0410-Kfiling · viewer · series
15gross profitus-gaap:GrossProfit$6.8M2022-12-312024-04-0110-Kfiling · viewer · series
16revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$11.2M2022-12-312024-04-0110-Kfiling · viewer · series
17gross profitus-gaap:GrossProfit$8.3M2021-12-312023-04-1710-Kfiling · viewer · series
18revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$13.6M2021-12-312023-04-1710-Kfiling · viewer · series
19current assetsus-gaap:AssetsCurrent$5.4M2025-12-312026-03-1810-Kfiling · viewer · series
20current liabilitiesus-gaap:LiabilitiesCurrent$2.7M2025-12-312026-03-1810-Kfiling · viewer · series
21retained earningsus-gaap:RetainedEarningsAccumulatedDeficit-$87.6M2025-12-312026-03-1810-Kfiling · viewer · series
22operating incomeus-gaap:OperatingIncomeLoss-$10.5M2025-12-312026-03-1810-Kfiling · viewer · series
23book equityus-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest$3.8M2025-12-312026-03-1810-Kfiling · viewer · series
24liabilitiesus-gaap:Liabilities$2.7M2025-12-312026-03-1810-Kfiling · viewer · series
25assetsus-gaap:Assets$10.7M2023-12-312025-04-0410-Kfiling · viewer · series
26assetsus-gaap:Assets$11.1M2022-12-312024-04-0110-Kfiling · viewer · series
27shares outstandingdei:EntityCommonStockSharesOutstanding7,018,5282026-08-122026-08-1210-Qfiling · viewer · series
28net incomeus-gaap:NetIncomeLoss-$1.4M2024-12-312026-03-1810-Kfiling · viewer · series
29current assetsus-gaap:AssetsCurrent$302,0462024-12-312026-03-1810-Kfiling · viewer · series
30current liabilitiesus-gaap:LiabilitiesCurrent$5.7M2024-12-312026-03-1810-Kfiling · viewer · series
31cashus-gaap:CashAndCashEquivalentsAtCarryingValue$7.9M2026-06-302026-08-1210-Qfiling · viewer · series
32operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$2.3M2026-06-302026-08-1210-Qfiling · viewer · series
33operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$1.4M2026-03-312026-05-1210-Qfiling · viewer · series
34operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$2.3M2025-09-302025-11-1410-Qfiling · viewer · series
35operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$509,7842025-06-302026-08-1210-Qfiling · viewer · series

Limitations [top]

Grade boundary. Percentile 97.8 is 17.8 points from the nearest band edge; sampling error is 2.5 points.

Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.

Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.

Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.

Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.

Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.