Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026


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Quanome Technologies, Inc.QNME · other
GradeNonecomputable_factors_below_threshold: 5 of 14 inputs computable; 7 are required
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 $11.7M[1]
Standard universeinsiderevenue above $1M and assets above $10M[1-2]
Warningsdilution, short runway, late filer, thin data · fortress balance sheetnot computable: distress
Inputs computable5 of 14
Graded fromfilings received through Sep 25, 202614 days before the rescan; every figure keyed to the SEC receipt date
Last close$0.782026-10-08; market equity $26.7M; 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
$0.5$1$1.5NovDecJanFebMarAprMayJunJulAugSepOct$0.83
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
Oct 21, 2024nonen/aQ1
Oct 21, 2025nonen/aQ2
Sep 26, 2026nonen/aQ1

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 Sep 25, 2026; the document on sec.gov.

Our business currently consists of three principal areas of focus: (i) our established, revenue-generating pharmaceutical distribution operations through Hupan Pharmaceutical; (ii) our recently initiated strategic focus on quantum-related and certain other advanced technology activities, which remains in the development and evaluation stage and has not generated revenue as of the date of this report; and (iii) our recently initiated efforts to provide dedicated AI compute capacity and managed inference services, which remain in the preliminary stage and have not resulted in executed customer contracts or generated revenue as of the date of this report.

Warnings [top]

Dilution. split-adjusted year-over-year share growth is 97.5%[3-4]
Short runway. cash runway is 2.5 months[5]
Late filer. found 4 NT 10-K/Q filings in the last eight quarters
Thin data. 5 of 14 grade factors are computable; minimum is 7
Fortress balance sheet. cash minus debt is 3,454,362 USD; Altman Z is not used[6-7]

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 23.7
Gross profitability28.4%[1,8]27.1%43.82892026-06-30
Return on invested capitalnot computable10.0%
pretax income must exceed the validity floor and imply a 0%-100% tax rate
Accruals ratio(48.4%)[1,9-11](5.9%)3.65062026-06-30
Gross margin stability, five yearsnot computable2.2 pts
five annual gross margins are required; found 3
Solvency, sleeve percentile 51.2
Twelve-month failure probabilitynot computable0.04%
latest liabilities, cash plus short-term investments, book equity, and shares are required
Altman Z double-prime(4.76)[1,12-17]2.0581.63862026-06-30
Net debt to EBITDAnot computable2.52x
EBITDA must exceed $100,000
Interest coveragenot computable2.18x
latest aligned inputs end 2025-06-30; latest annual assets end 2026-06-30
Current ratio2.46x[12-13]1.32x20.85062026-06-30
Growth and financing, sleeve percentile 95.8
Revenue growth, three-year compoundnot computable5.1%
four annual observations are required; found 3
Free cash flow growth, three-year compoundnot computable8.7%
four consecutive annual FCF observations are required; found 2
Reinvestment ratenot computable11.9%
pretax income must exceed the validity floor and imply a 0%-100% tax rate
Asset growth, three yearsnot computable4.1%
four annual observations are required; found 3
Net share issuance, one year97.5%[3-4](0.4%)95.83562026-09-22

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.

Among 336 Peers [top]

What the Price Implies [top]

Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest month(73.8%)2.0%5hotter than 5 of 100 peers
Distance from 52-week high(43.2%)(26.8%)28closer to its high than 28 of 100 peers
EBIT to enterprise value(33.6%)4.4%4pricier than 96 of 100 peers
Free cash flow yield(11.2%)4.1%11pricier than 89 of 100 peers
Book value to price0.250.3438pricier than 62 of 100 peers
Sales to price0.200.7016pricier than 84 of 100 peers
Composite equity issuance, five yearsnot computable(8.8%)a share count from five years earlier is required
Relative strength against the sector, log excess return(1.49)(0.13)5ahead of 5 of 100 peers

Inputs: market equity $28.5M; EBIT -$10.2M; free cash flow -$3.2M; book equity $7.0M; sales $5.9M; debt $2.4M; cash $670,281[3].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: None of 9, period end 2026-06-30
Return on assets above zero(65.8%)✗ fail[9,11]
Operating cash flow above zero-$3.2M✗ fail[10]
Return on assets improved(8.8 pts)✗ fail[9,11,18-19]
Operating cash flow exceeds net income$6.3M✓ pass[9-10]
Long-term leverage felln/a[1,7,11,19]
Current ratio improved139.3 pts✓ pass[12-13,20-21]
No new shares issued97.5%✗ fail[3-4]
Gross margin improved47.9 pts✓ pass[2,8,22-23]
Asset turnover improved(152.9 pts)✗ fail[2,11,19,23]
Cash, filings, liquidity
Cash and equivalents$670,281[5]
Operating cash flow, four quarters-$3.2M[5,10,24-26]
Months of runway2.5
Late filings, two years4
NT 10-K or NT 10-Q
Days since last periodic filing14
10-K received Sep 25, 2026
Median daily dollar volume$68,541
63 sessions
Days since newest grade input14

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$11.7M2026-06-302026-09-2510-Kfiling · viewer · series
2revenueus-gaap:Revenues$5.9M2026-06-302026-09-2510-Kfiling · viewer · series
3shares outstandingdei:EntityCommonStockSharesOutstanding34,427,5592026-09-222026-09-2510-Kfiling · viewer · series
4shares outstandingdei:EntityCommonStockSharesOutstanding17,427,5592025-10-102025-10-1410-Kfiling · viewer · series
5cashus-gaap:CashAndCashEquivalentsAtCarryingValue$670,2812026-06-302026-09-2510-Kfiling · viewer · series
6cashus-gaap:CashAndCashEquivalentsAtCarryingValue$4.8M2025-06-302026-09-2510-Kfiling · viewer · series
7total debtus-gaap:LongTermDebt$1.4M2025-06-302025-10-1410-Kfiling · viewer · series
8gross profitus-gaap:GrossProfit$3.3M2026-06-302026-09-2510-Kfiling · viewer · series
9net incomeus-gaap:NetIncomeLoss-$9.5M2026-06-302026-09-2510-Kfiling · viewer · series
10operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations-$3.2M2026-06-302026-09-2510-Kfiling · viewer · series
11assetsus-gaap:Assets$14.4M2025-06-302026-09-2510-Kfiling · viewer · series
12current assetsus-gaap:AssetsCurrent$11.0M2026-06-302026-09-2510-Kfiling · viewer · series
13current liabilitiesus-gaap:LiabilitiesCurrent$4.5M2026-06-302026-09-2510-Kfiling · viewer · series
14retained earningsus-gaap:RetainedEarningsAccumulatedDeficit-$14.8M2026-06-302026-09-2510-Kfiling · viewer · series
15operating incomeus-gaap:OperatingIncomeLoss-$10.2M2026-06-302026-09-2510-Kfiling · viewer · series
16book equityus-gaap:StockholdersEquity$7.0M2026-06-302026-09-2510-Kfiling · viewer · series
17liabilitiesus-gaap:Liabilities$4.6M2026-06-302026-09-2510-Kfiling · viewer · series
18net incomeus-gaap:NetIncomeLoss-$5.2M2025-06-302026-09-2510-Kfiling · viewer · series
19assetsus-gaap:Assets$9.2M2024-06-302025-10-1410-Kfiling · viewer · series
20current assetsus-gaap:AssetsCurrent$10.3M2025-06-302026-09-2510-Kfiling · viewer · series
21current liabilitiesus-gaap:LiabilitiesCurrent$9.7M2025-06-302026-09-2510-Kfiling · viewer · series
22gross profitus-gaap:GrossProfit$1.6M2025-06-302026-09-2510-Kfiling · viewer · series
23revenueus-gaap:RevenueFromContractWithCustomerIncludingAssessedTax$17.8M2025-06-302025-10-1410-Kfiling · viewer · series
24operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations-$3.0M2026-03-312026-05-1910-Qfiling · viewer · series
25operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$4.5M2025-12-312026-02-1910-Qfiling · viewer · series
26operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$4.0M2025-09-302025-11-1910-Qfiling · viewer · series

Limitations [top]

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.