{"as_of":"2026-10-09","company":{"cik":1798749,"exchange":"Nasdaq","has_companyfacts":true,"name":"Jade Biosciences, Inc.","reason":null,"sector":"healthcare","sic":2834,"sic_description":"Pharmaceutical Preparations","status":"eligible","ticker":"JBIO"},"condition":{"data_age":{"as_of":"2026-10-09","basis":"annual statements behind the grade; see diagnostics.filing_gap for the latest periodic filing","days":217,"latest_filed":"2026-03-06"},"reliability":{"all":{"auc":0.8767,"ci":[0.858,0.8947],"test_events":691},"base_rate_window":"annualized 12-month Item 1.03 frequency, filings 2012-01-01 to 2025-12-31","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","fit_window":"filings 2012-01-01 to 2019-12-31","model":"11 accounting level inputs plus loss and burn thresholds, fit separately within asset quintile, L2 penalty selected per stratum by 5-fold CIK-grouped cross-validation on the training window","outcome":"8-K Item 1.03 within 365 days, with the directional acquisition rule","source":"reliability study of the per-band refit on EDGAR filings; fit 2012-2019, test 2020-2025","status":"post_hoc_pending_confirmation","stratum":{"auc":0.8662,"base_rate_annual":0.01026,"ci":[0.8308,0.8968],"id":"Q3","test_events":206},"test_window":"filings 2020-01-01 to 2025-12-31","universe":null},"standard_universe":{"assets":349781000,"assets_min":10000000,"detail":"revenue not resolved","inside":null,"reason":"missing_input","receipts":{"assets":{"accession":"0001193125-26-096550","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","form":"10-K","tag":"us-gaap:Assets"}},"revenue":null,"revenue_min":1000000,"rule":"revenue above $1M and total assets above $10M; the screen every published distress figure was measured inside"},"stratum":{"assets":349781000,"assets_max":591000000,"assets_min":120000000,"id":"Q3","label":"$120M to $591M assets","receipt":{"accession":"0001193125-26-096550","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","form":"10-K","tag":"us-gaap:Assets"}}},"coverage":{"resolved":6,"wanted":14},"diagnostics":{"cash_runway":{"burning_cash":true,"cash_flow_inputs":[{"concept":"operating_cash_flow","end":"2026-06-30","fiscal_period":"Q2","fiscal_year":2026,"inputs":[{"accession":"0001193125-26-341242","concept":"operating_cash_flow","end":"2026-06-30","filed":"2026-08-10","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526341242/0001193125-26-341242-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":"2026-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-67737000},{"accession":"0001193125-26-212088","concept":"operating_cash_flow","end":"2026-03-31","filed":"2026-05-07","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526212088/0001193125-26-212088-index.html","fiscal_period":"Q1","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":"2026-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-24081000}],"method":"ytd_difference","unit":"USD","value":-43656000},{"concept":"operating_cash_flow","end":"2026-03-31","fiscal_period":"Q1","fiscal_year":2026,"inputs":[{"accession":"0001193125-26-212088","concept":"operating_cash_flow","end":"2026-03-31","filed":"2026-05-07","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526212088/0001193125-26-212088-index.html","fiscal_period":"Q1","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":"2026-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-24081000}],"method":"direct","unit":"USD","value":-24081000},{"concept":"operating_cash_flow","end":"2025-12-31","fiscal_period":"Q4","fiscal_year":2025,"inputs":[{"accession":"0001193125-26-096550","concept":"operating_cash_flow","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-94689000},{"accession":"0001193125-25-281525","concept":"operating_cash_flow","end":"2025-09-30","filed":"2025-11-14","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312525281525/0001193125-25-281525-index.html","fiscal_period":"Q3","fiscal_year":2025,"form":"10-Q","namespace":"us-gaap","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-61040000}],"method":"annual_less_ytd_q3","unit":"USD","value":-33649000},{"concept":"operating_cash_flow","end":"2025-09-30","fiscal_period":"Q3","fiscal_year":2025,"inputs":[{"accession":"0001193125-25-281525","concept":"operating_cash_flow","end":"2025-09-30","filed":"2025-11-14","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312525281525/0001193125-25-281525-index.html","fiscal_period":"Q3","fiscal_year":2025,"form":"10-Q","namespace":"us-gaap","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-61040000},{"accession":"0001193125-26-341242","concept":"operating_cash_flow","end":"2025-06-30","filed":"2026-08-10","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526341242/0001193125-26-341242-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-38916000}],"method":"ytd_difference","unit":"USD","value":-22124000}],"cash_input":{"accession":"0001193125-26-341242","concept":"cash","end":"2026-06-30","filed":"2026-08-10","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526341242/0001193125-26-341242-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","value":107250000},"detail":null,"kind":"diagnostic","months":10.420208889968423,"name":"cash_runway","period_end":"2026-06-30","reason":null,"short_runway":false,"status":"resolved","threshold_months":6,"trailing_operating_cash_flow":-123510000.0},"filing_gap":{"ceased":false,"days":60,"forms":["10-K","10-KT","10-Q","10-QT","20-F","40-F"],"kind":"diagnostic","last_accession":"0001193125-26-341242","last_filing_date":"2026-08-10","last_filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526341242/0001193125-26-341242-index.html","last_form":"10-Q","name":"filing_gap","reason":null,"status":"resolved","threshold_days":365},"late_filer":{"filings":[],"forms":["NT 10-K","NT 10-Q"],"kind":"diagnostic","late_filer":false,"lookback_days":730,"name":"late_filer","reason":null,"status":"resolved"},"median_dollar_adv":{"status":"resolved","unit":"USD_per_day","value":14755863.15,"window_trading_days":63},"piotroski_f_score":{"components":[{"inputs":[{"accession":"0001193125-26-096550","concept":"net_income","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetIncomeLoss","unit":"USD","value":-127410000},{"accession":"0001193125-26-096550","concept":"assets","end":"2024-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":72799000}],"metric":-1.7501614033159796,"name":"positive_roa","passed":false,"period_end":"2025-12-31","status":"resolved","unit":"ratio"},{"inputs":[{"accession":"0001193125-26-096550","concept":"operating_cash_flow","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-94689000}],"metric":-94689000.0,"name":"positive_operating_cash_flow","passed":false,"period_end":"2025-12-31","status":"resolved","unit":"USD"},{"inputs":[{"accession":"0001193125-26-096550","concept":"net_income","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetIncomeLoss","unit":"USD","value":-127410000},{"accession":"0001558370-25-003750","concept":"net_income","end":"2024-12-31","filed":"2025-03-27","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000155837025003750/0001558370-25-003750-index.html","fiscal_period":"FY","fiscal_year":2024,"form":"10-K","namespace":"us-gaap","start":"2024-01-01","tag":"NetIncomeLoss","unit":"USD","value":-69628000},{"accession":"0001193125-26-096550","concept":"assets","end":"2024-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":72799000},{"accession":"0001558370-25-003750","concept":"assets","end":"2023-12-31","filed":"2025-03-27","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000155837025003750/0001558370-25-003750-index.html","fiscal_period":"FY","fiscal_year":2024,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":127418000}],"metric":-1.2037079979886318,"name":"improving_roa","passed":false,"period_end":"2025-12-31","status":"resolved","unit":"change_in_ratio"},{"inputs":[{"accession":"0001193125-26-096550","concept":"operating_cash_flow","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-94689000},{"accession":"0001193125-26-096550","concept":"net_income","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetIncomeLoss","unit":"USD","value":-127410000}],"metric":32721000.0,"name":"cash_flow_exceeds_net_income","passed":true,"period_end":"2025-12-31","status":"resolved","unit":"USD"},{"detail":"two debt years and three asset years are required","inputs":[{"accession":"0001193125-26-096550","concept":"assets","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":349781000},{"accession":"0001193125-26-096550","concept":"assets","end":"2024-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":72799000},{"accession":"0001558370-25-003750","concept":"assets","end":"2023-12-31","filed":"2025-03-27","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000155837025003750/0001558370-25-003750-index.html","fiscal_period":"FY","fiscal_year":2024,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":127418000}],"metric":null,"name":"declining_long_term_leverage","passed":null,"period_end":"2025-12-31","reason":"insufficient_history","status":"unresolved","unit":""},{"inputs":[{"accession":"0001193125-26-096550","concept":"current_assets","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"AssetsCurrent","unit":"USD","value":348816000},{"accession":"0001193125-26-096550","concept":"current_liabilities","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"LiabilitiesCurrent","unit":"USD","value":16539000},{"accession":"0001193125-26-096550","concept":"current_assets","end":"2024-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"AssetsCurrent","unit":"USD","value":69654000},{"accession":"0001193125-26-096550","concept":"current_liabilities","end":"2024-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"LiabilitiesCurrent","unit":"USD","value":11996000}],"metric":15.284077853631242,"name":"improving_current_ratio","passed":true,"period_end":"2025-12-31","status":"resolved","unit":"change_in_ratio"},{"inputs":[{"accession":"0001193125-26-096550","concept":"shares_outstanding","end":"2026-02-28","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":49316287},{"accession":"0001558370-25-003750","concept":"shares_outstanding","end":"2025-03-24","filed":"2025-03-27","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000155837025003750/0001558370-25-003750-index.html","fiscal_period":"FY","fiscal_year":2024,"form":"10-K","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":28985019}],"metric":58.550419649543784,"name":"no_new_shares","passed":false,"period_end":"2025-12-31","status":"resolved","unit":"growth_rate"},{"detail":"two years of revenue and direct or derived gross profit are required","inputs":[],"metric":null,"name":"improving_gross_margin","passed":null,"period_end":"2025-12-31","reason":"insufficient_history","status":"unresolved","unit":""},{"detail":"two revenue years and two beginning-asset observations are required","inputs":[{"accession":"0001193125-26-096550","concept":"assets","end":"2024-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":72799000},{"accession":"0001558370-25-003750","concept":"assets","end":"2023-12-31","filed":"2025-03-27","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000155837025003750/0001558370-25-003750-index.html","fiscal_period":"FY","fiscal_year":2024,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":127418000}],"metric":null,"name":"improving_asset_turnover","passed":null,"period_end":"2025-12-31","reason":"insufficient_history","status":"unresolved","unit":""}],"coverage":{"resolved":6,"wanted":9},"feeds_grade":false,"kind":"diagnostic","maximum":9,"name":"piotroski_f_score","period_end":"2025-12-31","reason":"incomplete_components","score":null,"status":"unresolved"}},"disclaimer":"Informational and educational only. Not investment advice. SEC and market data may contain errors.","factors":[{"detail":"one or more required annual facts are missing","direction":"higher","failure_class":"missing_input","inputs":[],"name":"gross_profitability","period_end":null,"reason":"missing_input","sleeve":"profitability","status":"unresolved","unit":"ratio","value":null},{"detail":"one or more required annual facts are missing","direction":"higher","failure_class":"missing_input","inputs":[],"name":"roic","period_end":null,"reason":"missing_input","sleeve":"profitability","status":"unresolved","unit":"ratio","value":null},{"direction":"lower","inputs":[{"accession":"0001193125-26-096550","concept":"net_income","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetIncomeLoss","unit":"USD","value":-127410000},{"accession":"0001193125-26-096550","concept":"operating_cash_flow","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-94689000},{"accession":"0001193125-26-096550","concept":"assets","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":349781000},{"accession":"0001193125-26-096550","concept":"assets","end":"2024-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":72799000}],"name":"accruals","period_end":"2025-12-31","sleeve":"profitability","status":"resolved","unit":"ratio","value":-0.1548629845236405},{"detail":"five annual gross margins are required; found 0","direction":"lower","failure_class":"insufficient_history","inputs":[],"name":"gross_margin_stability_5y","period_end":null,"reason":"insufficient_history","sleeve":"profitability","status":"unresolved","unit":"standard_deviation","value":null},{"direction":"higher","inputs":[{"accession":"0001193125-26-096550","concept":"current_assets","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"AssetsCurrent","unit":"USD","value":348816000},{"accession":"0001193125-26-096550","concept":"current_liabilities","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"LiabilitiesCurrent","unit":"USD","value":16539000},{"accession":"0001193125-26-096550","concept":"retained_earnings","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"RetainedEarningsAccumulatedDeficit","unit":"USD","value":-174389000},{"accession":"0001193125-26-096550","concept":"operating_income","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"OperatingIncomeLoss","unit":"USD","value":-113542000},{"accession":"0001193125-26-096550","concept":"book_equity","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"StockholdersEquity","unit":"USD","value":332518000},{"accession":"0001193125-26-096550","concept":"assets","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":349781000},{"accession":"0001193125-26-096550","concept":"liabilities","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Liabilities","unit":"USD","value":17263000}],"name":"altman_z_double_prime","period_end":"2025-12-31","sleeve":"solvency","status":"resolved","unit":"score","value":22.650006412527734},{"detail":"one or more required annual facts are missing","direction":"lower","failure_class":"missing_input","inputs":[],"name":"net_debt_to_ebitda","period_end":null,"reason":"missing_input","sleeve":"solvency","status":"unresolved","unit":"ratio","value":null},{"detail":"one or more required annual facts are missing","direction":"higher","failure_class":"missing_input","inputs":[],"name":"interest_coverage","period_end":null,"reason":"missing_input","sleeve":"solvency","status":"unresolved","unit":"ratio","value":null},{"direction":"higher","inputs":[{"accession":"0001193125-26-096550","concept":"current_assets","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"AssetsCurrent","unit":"USD","value":348816000},{"accession":"0001193125-26-096550","concept":"current_liabilities","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"LiabilitiesCurrent","unit":"USD","value":16539000}],"name":"current_ratio","period_end":"2025-12-31","sleeve":"solvency","status":"resolved","unit":"ratio","value":21.090513332124072},{"detail":"four annual observations are required; found 0","direction":"higher","failure_class":"insufficient_history","inputs":[],"name":"revenue_cagr_3y","period_end":null,"reason":"insufficient_history","sleeve":"growth_and_financing","status":"unresolved","unit":"annual_rate","value":null},{"detail":"four consecutive annual FCF observations are required; found 4","direction":"higher","failure_class":"insufficient_history","inputs":[],"name":"fcf_cagr_3y","period_end":"2025-12-31","reason":"insufficient_history","sleeve":"growth_and_financing","status":"unresolved","unit":"annual_rate","value":null},{"detail":"pretax income must exceed the validity floor and imply a 0%-100% tax rate","direction":"higher","failure_class":"non_positive_or_below_floor_denominator","inputs":[{"accession":"0001193125-26-096550","concept":"capital_expenditure","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD","value":196000},{"accession":"0001193125-26-096550","concept":"depreciation_amortization","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"Depreciation","unit":"USD","value":26000},{"accession":"0001193125-26-096550","concept":"operating_income","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"OperatingIncomeLoss","unit":"USD","value":-113542000},{"accession":"0001193125-26-096550","concept":"pretax_income","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","value":-127352000},{"accession":"0001193125-26-096550","concept":"income_tax","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"IncomeTaxExpenseBenefit","unit":"USD","value":58000},{"accession":"0001193125-26-096550","concept":"current_assets","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"AssetsCurrent","unit":"USD","value":348816000},{"accession":"0001193125-26-096550","concept":"current_liabilities","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"LiabilitiesCurrent","unit":"USD","value":16539000},{"accession":"0001193125-26-096550","concept":"current_assets","end":"2024-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"AssetsCurrent","unit":"USD","value":69654000},{"accession":"0001193125-26-096550","concept":"current_liabilities","end":"2024-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"LiabilitiesCurrent","unit":"USD","value":11996000}],"name":"reinvestment_rate","period_end":"2025-12-31","reason":"non_positive_denominator","sleeve":"growth_and_financing","status":"unresolved","unit":"ratio","value":null},{"direction":"higher","inputs":[{"accession":"0001193125-26-096550","concept":"assets","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":349781000},{"accession":"0001193125-26-096550","concept":"assets","end":"2024-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":72799000},{"accession":"0001558370-25-003750","concept":"assets","end":"2023-12-31","filed":"2025-03-27","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000155837025003750/0001558370-25-003750-index.html","fiscal_period":"FY","fiscal_year":2024,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":127418000},{"accession":"0001798749-24-000015","concept":"assets","end":"2022-12-31","filed":"2024-03-25","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000179874924000015/0001798749-24-000015-index.html","fiscal_period":"FY","fiscal_year":2023,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":135301000}],"name":"asset_growth_3y","period_end":"2025-12-31","sleeve":"growth_and_financing","status":"resolved","unit":"annual_rate","value":0.37245591372961884},{"direction":"lower","inputs":[],"name":"chs_12m","period_end":"2026-06-30","sleeve":"solvency","status":"resolved","unit":"probability","value":0.0005877929401584821},{"detail":"provider split factors current=1, prior=0.028571429","direction":"lower","inputs":[{"accession":"0001193125-26-096550","concept":"shares_outstanding","end":"2026-02-28","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":49316287},{"accession":"0001558370-25-003750","concept":"shares_outstanding","end":"2025-03-24","filed":"2025-03-27","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000155837025003750/0001558370-25-003750-index.html","fiscal_period":"FY","fiscal_year":2024,"form":"10-K","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":28985019}],"name":"net_share_issuance","period_end":"2026-02-28","sleeve":"growth_and_financing","status":"resolved","unit":"growth_rate","value":58.550419649543784}],"facts":[{"concept":"revenue","detail":"no matching annual XBRL fact","reason":"missing_input"},{"concept":"gross_profit","detail":"no matching annual XBRL fact","reason":"missing_input"},{"accession":"0001193125-26-096550","concept":"net_income","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetIncomeLoss","unit":"USD","value":-127410000},{"accession":"0001193125-26-096550","concept":"operating_cash_flow","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-94689000},{"accession":"0001193125-26-096550","concept":"assets","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":349781000},{"accession":"0001193125-26-096550","concept":"liabilities","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Liabilities","unit":"USD","value":17263000},{"accession":"0001193125-26-096550","concept":"cash","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","value":88438000},{"accession":"0001193125-26-096550","concept":"shares_outstanding","end":"2026-02-28","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":49316287}],"flags":[{"active":true,"detail":"split-adjusted year-over-year share growth is 5855.0%","inputs":[{"accession":"0001193125-26-096550","concept":"shares_outstanding","end":"2026-02-28","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":49316287},{"accession":"0001558370-25-003750","concept":"shares_outstanding","end":"2025-03-24","filed":"2025-03-27","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000155837025003750/0001558370-25-003750-index.html","fiscal_period":"FY","fiscal_year":2024,"form":"10-K","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":28985019}],"name":"dilution","status":"resolved"},{"active":false,"detail":"cash runway is 10.4 months","inputs":[{"accession":"0001193125-26-341242","concept":"cash","end":"2026-06-30","filed":"2026-08-10","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526341242/0001193125-26-341242-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","value":107250000}],"name":"short_runway","status":"resolved"},{"active":false,"detail":"found 0 NT 10-K/Q filings in the last eight quarters","inputs":[],"name":"late_filer","status":"resolved"},{"active":true,"detail":"6 of 14 grade factors are computable; minimum is 7","inputs":[],"name":"thin_data","status":"resolved"},{"active":null,"detail":"latest revenue and assets are required","inputs":[{"accession":"0001193125-26-096550","concept":"assets","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":349781000}],"name":"degenerate_inputs","status":"unresolved"},{"active":false,"detail":"CHS probability 0.058779%; universe top-decile threshold 1.068854%","inputs":[],"name":"distress","status":"resolved"},{"active":null,"detail":"aligned cash and debt are required","inputs":[],"name":"fortress","status":"unresolved"}],"generated_at":"2026-10-09T07:10:09+00:00","grade":{"composite":null,"coverage":{"resolved":6,"wanted":14},"factor_percentiles":{"accruals":{"direction":"lower","peer_count":811,"peer_group":"healthcare","percentile":0.2851851851851852,"raw_value":-0.1548629845236405},"altman_z_double_prime":{"direction":"higher","peer_count":756,"peer_group":"healthcare","percentile":0.02119205298013245,"raw_value":22.650006412527734},"asset_growth_3y":{"direction":"higher","peer_count":704,"peer_group":"healthcare","percentile":0.12233285917496443,"raw_value":0.37245591372961884},"chs_12m":{"direction":"lower","peer_count":248,"peer_group":"healthcare","percentile":0.41700404858299595,"raw_value":0.0005877929401584821},"current_ratio":{"direction":"higher","peer_count":839,"peer_group":"healthcare","percentile":0.03937947494033413,"raw_value":21.090513332124072},"net_share_issuance":{"direction":"lower","peer_count":634,"peer_group":"healthcare","percentile":0.9873617693522907,"raw_value":58.550419649543784}},"grade":null,"normalization":{"correlation_standard_deviation":null,"factor_weights":{},"method":"sqrt(w'Rw)"},"peer_count":879,"peer_group":"healthcare","percentile":null,"reason":"computable_factors_below_threshold","sampling_standard_deviation":null,"sleeve_scores":{"growth_and_financing":0.5548473142636275,"profitability":0.2851851851851852,"solvency":0.1591918588344875},"status":"unresolved","ticker":"JBIO"},"grade_history":[{"date":"2012-01-21","grade":null,"percentile":null,"stratum":null},{"date":"2022-04-21","grade":null,"percentile":null,"stratum":"Q3"},{"date":"2025-04-21","grade":null,"percentile":null,"stratum":"Q2"},{"date":"2026-03-21","grade":null,"percentile":null,"stratum":"Q3"}],"grade_sensitivity":{"all_eligible_peer_universe_equal_sleeves":{"grade":null,"peer_count":3545,"peer_group":"all_eligible","peer_policy":"all","percentile":null,"status":"unresolved","weight_policy":"sleeves"},"baseline_sector_rollup_equal_sleeves":{"grade":null,"peer_count":879,"peer_group":"healthcare","peer_policy":"auto","percentile":null,"status":"unresolved","weight_policy":"sleeves"},"same_exchange_peer_universe_equal_sleeves":{"grade":null,"peer_count":2161,"peer_group":"exchange:Nasdaq","peer_policy":"exchange","percentile":null,"status":"unresolved","weight_policy":"sleeves"},"sector_rollup_equal_factors":{"grade":null,"peer_count":879,"peer_group":"healthcare","peer_policy":"auto","percentile":null,"status":"unresolved","weight_policy":"factors"}},"implied_expectations":{"as_of":"2026-10-09","coverage":{"resolved":5,"wanted":8},"feeds_grade":false,"live_inputs":{"book_equity":439915000,"cash":107250000,"debt":null,"ebit":-113542000,"free_cash_flow":-94885000.0,"market_equity":899903026.0500001,"price":{"close":14.15,"date":"2026-10-08","volume":1667259},"sales":null,"shares":{"accession":"0001193125-26-341242","concept":"shares_outstanding","end":"2026-08-03","filed":"2026-08-10","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526341242/0001193125-26-341242-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":63597387}},"metrics":[{"detail":"required accounting or market input is missing","inputs":[{"accession":"0001193125-26-096550","concept":"operating_income","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"OperatingIncomeLoss","unit":"USD","value":-113542000},{"accession":"0001193125-26-341242","concept":"cash","end":"2026-06-30","filed":"2026-08-10","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526341242/0001193125-26-341242-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","value":107250000}],"market_inputs":{"current_split_factor":1.0,"market_equity":899903026.0500001,"price":{"close":14.15,"date":"2026-10-08","volume":1667259},"statement_split_factor":1.0},"name":"ebit_to_enterprise_value","period_end":"2025-12-31","reason":"missing_input","status":"unresolved","unit":"ratio","value":null},{"detail":null,"inputs":[{"accession":"0001193125-26-096550","concept":"operating_cash_flow","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-94689000},{"accession":"0001193125-26-096550","concept":"capital_expenditure","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD","value":196000}],"market_inputs":{"current_split_factor":1.0,"market_equity":899903026.0500001,"price":{"close":14.15,"date":"2026-10-08","volume":1667259},"statement_split_factor":1.0},"name":"fcf_yield","period_end":"2025-12-31","reason":null,"status":"resolved","unit":"ratio","value":-0.10543913872196273},{"detail":null,"inputs":[{"accession":"0001193125-26-341242","concept":"book_equity","end":"2026-06-30","filed":"2026-08-10","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526341242/0001193125-26-341242-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"StockholdersEquity","unit":"USD","value":439915000}],"market_inputs":{"current_split_factor":1.0,"market_equity":899903026.0500001,"price":{"close":14.15,"date":"2026-10-08","volume":1667259},"statement_split_factor":1.0},"name":"book_to_price","period_end":"2026-06-30","reason":null,"status":"resolved","unit":"ratio","value":0.48884711715099577},{"detail":"required accounting or market input is missing","inputs":[],"market_inputs":{"current_split_factor":1.0,"market_equity":899903026.0500001,"price":{"close":14.15,"date":"2026-10-08","volume":1667259},"statement_split_factor":1.0},"name":"sales_to_price","period_end":null,"reason":"missing_input","status":"unresolved","unit":"ratio","value":null},{"detail":null,"inputs":[],"market_inputs":{},"name":"momentum_12_1","period_end":"2026-10-09","reason":null,"status":"resolved","unit":"return","value":1.4750869061413665},{"detail":null,"inputs":[],"market_inputs":{},"name":"distance_from_52_week_high","period_end":"2026-10-09","reason":null,"status":"resolved","unit":"return","value":-0.47299813780260713},{"detail":null,"inputs":[],"market_inputs":{},"name":"sector_relative_strength","period_end":"2026-10-09","reason":null,"status":"resolved","unit":"log_excess_return","value":0.6940934975465172},{"detail":"a share count from five years earlier is required","inputs":[{"accession":"0001193125-26-096550","concept":"shares_outstanding","end":"2026-02-28","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":49316287}],"market_inputs":{"current_split_factor":1.0,"market_equity":899903026.0500001,"price":{"close":14.15,"date":"2026-10-08","volume":1667259},"statement_split_factor":1.0},"name":"composite_equity_issuance_5y","period_end":"2026-02-28","reason":"insufficient_history","status":"unresolved","unit":"log_growth","value":null}],"name":"implied_expectations","predictive_claim":false,"verdict":null},"live_implied_expectations":{"as_of":"2026-10-08T19:59:49.713824823Z","enterprise_value":null,"feeds_grade":false,"market_equity":899267052.1800001,"metrics":{"book_to_price":0.4891928364700559,"ebit_to_enterprise_value":null,"fcf_yield":-0.10551370671257232,"sales_to_price":null},"predictive_claim":false,"price":14.14,"status":"resolved","verdict":null},"market_scope":{"status":"resolved"},"market_snapshot":{"ask":null,"bid":12.13,"daily_bar":{"c":14.14,"h":14.145,"l":13.48,"n":1473,"o":13.52,"t":"2026-10-08T04:00:00Z","v":65730,"vw":13.890919},"day_change":0.3600000000000012,"day_change_percent":0.026124818577648857,"feed":"iex","feeds_grade":false,"minute_bar":{"c":14.14,"h":14.14,"l":14.13,"n":49,"o":14.13,"t":"2026-10-08T19:59:00Z","v":2262,"vw":14.134918},"previous_close":13.78,"price":14.14,"price_timestamp":"2026-10-08T19:59:49.713824823Z","quoted_spread":null,"quoted_spread_percent":null,"reason":null,"retrieved_at":"2026-10-09T07:09:49.534009Z","status":"resolved","symbol":"JBIO"},"models":{"chs_12m":{"accounting_period_end":"2026-06-30","accounting_receipts":{"book_equity":[{"accession":"0001193125-26-341242","concept":"book_equity","end":"2026-06-30","filed":"2026-08-10","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526341242/0001193125-26-341242-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"StockholdersEquity","unit":"USD","value":439915000}],"cash_and_short_term_investments":[{"accession":"0001193125-26-341242","concept":"cash","end":"2026-06-30","filed":"2026-08-10","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526341242/0001193125-26-341242-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","value":107250000},{"accession":"0001193125-26-341242","concept":"short_term_investments","end":"2026-06-30","filed":"2026-08-10","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526341242/0001193125-26-341242-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"ShortTermInvestments","unit":"USD","value":353955000}],"liabilities":[{"accession":"0001193125-26-341242","concept":"liabilities","end":"2026-06-30","filed":"2026-08-10","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526341242/0001193125-26-341242-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"Liabilities","unit":"USD","value":32198000},{"accession":"0001193125-26-212088","concept":"liabilities","end":"2026-03-31","filed":"2026-05-07","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526212088/0001193125-26-212088-index.html","fiscal_period":"Q1","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"Liabilities","unit":"USD","value":22971000},{"accession":"0001193125-26-341242","concept":"liabilities","end":"2025-12-31","filed":"2026-08-10","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526341242/0001193125-26-341242-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"Liabilities","unit":"USD","value":17263000},{"accession":"0001193125-25-281525","concept":"liabilities","end":"2025-09-30","filed":"2025-11-14","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312525281525/0001193125-25-281525-index.html","fiscal_period":"Q3","fiscal_year":2025,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"Liabilities","unit":"USD","value":23104000}],"net_income":[{"accession":"0001193125-26-341242","concept":"net_income","end":"2026-06-30","filed":"2026-08-10","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526341242/0001193125-26-341242-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":"2026-04-01","tag":"NetIncomeLoss","unit":"USD","value":-55765000},{"accession":"0001193125-26-341242","concept":"net_income","end":"2026-03-31","filed":"2026-08-10","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526341242/0001193125-26-341242-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":"2026-01-01","tag":"NetIncomeLoss","unit":"USD","value":-40368000},{"accession":"0001193125-26-096550","concept":"net_income","end":"2025-12-31","filed":"2026-03-06","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526096550/0001193125-26-096550-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetIncomeLoss","unit":"USD","value":-127410000},{"accession":"0001193125-25-281525","concept":"net_income","end":"2025-09-30","filed":"2025-11-14","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312525281525/0001193125-25-281525-index.html","fiscal_period":"Q3","fiscal_year":2025,"form":"10-Q","namespace":"us-gaap","start":"2025-01-01","tag":"NetIncomeLoss","unit":"USD","value":-95478000},{"accession":"0001193125-25-281525","concept":"net_income","end":"2025-09-30","filed":"2025-11-14","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312525281525/0001193125-25-281525-index.html","fiscal_period":"Q3","fiscal_year":2025,"form":"10-Q","namespace":"us-gaap","start":"2025-07-01","tag":"NetIncomeLoss","unit":"USD","value":-25175000}],"shares_outstanding":[{"accession":"0001193125-26-341242","concept":"shares_outstanding","end":"2026-06-30","filed":"2026-08-10","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526341242/0001193125-26-341242-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"CommonStockSharesOutstanding","unit":"shares","value":63556065},{"accession":"0001193125-26-212088","concept":"shares_outstanding","end":"2026-03-31","filed":"2026-05-07","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526212088/0001193125-26-212088-index.html","fiscal_period":"Q1","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"CommonStockSharesOutstanding","unit":"shares","value":49345967},{"accession":"0001193125-26-341242","concept":"shares_outstanding","end":"2025-12-31","filed":"2026-08-10","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312526341242/0001193125-26-341242-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"CommonStockSharesOutstanding","unit":"shares","value":49316287},{"accession":"0001193125-25-281525","concept":"shares_outstanding","end":"2025-09-30","filed":"2025-11-14","filing_url":"https://www.sec.gov/Archives/edgar/data/1798749/000119312525281525/0001193125-25-281525-index.html","fiscal_period":"Q3","fiscal_year":2025,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"CommonStockSharesOutstanding","unit":"shares","value":32626730}]},"conditional_failure_probability":0.0005877929401584821,"contributions":{"cashmta":-1.0555789943260412,"exretavg":0.47577922620207797,"mb":0.13882501547748913,"nimtaavg":0.9442811215450577,"price":-0.15368344819717633,"rsize":0.5048861442771595,"sigma":0.8219988357154993,"tlmta":0.048944250394062944},"cumulative_probability":false,"detail":null,"fitted_sample":"1963-2003","horizon_months":12,"imputed":false,"inputs":{"cashmta":0.4951120986519893,"exretavg":-0.06673856448338869,"mb":1.8510002063665218,"nimtaavg":-0.04659894993807036,"price":2.649714624089247,"rsize":-11.21969209504799,"sigma":0.5825647311945423,"tlmta":0.03456514858337779},"log_odds":-7.43854784891187,"market_receipts":{"benchmark_price_as_of":{"close":773.93,"date":"2026-10-08","volume":40507321},"current_split_factor":1.0,"monthly_excess_returns":[-0.4155987110279636,0.054399974676788504,-0.1181873983706129,0.06491844892379148,-0.19945522401790944,0.4520740368739196,-0.0034404613974723594,-0.04257725827593981,-0.0030374816937591576,0.18451076641048028,0.26667451713920703,0.10357816730889217],"nimta_quarters":[{"cover_split_factor":1.0,"market_equity":1412215764.3,"period_end":"2026-06-30","period_split_factor":1.0,"price":{"close":22.22,"date":"2026-06-30","volume":893424},"share_fact_end":"2026-06-30","split_adjusted_shares":63556065.0},{"cover_split_factor":1.0,"market_equity":693310836.35,"period_end":"2026-03-31","period_split_factor":1.0,"price":{"close":14.05,"date":"2026-03-31","volume":724881},"share_fact_end":"2026-03-31","split_adjusted_shares":49345967.0},{"cover_split_factor":1.0,"market_equity":760950308.41,"period_end":"2025-12-31","period_split_factor":1.0,"price":{"close":15.43,"date":"2025-12-31","volume":435256},"share_fact_end":"2025-12-31","split_adjusted_shares":49316287.0},{"cover_split_factor":1.0,"market_equity":281568679.90000004,"period_end":"2025-09-30","period_split_factor":1.0,"price":{"close":8.63,"date":"2025-09-30","volume":67059},"share_fact_end":"2025-09-30","split_adjusted_shares":32626730.0}],"price_as_of":{"close":14.15,"date":"2026-10-08","volume":1667259},"sigma":0.5825647311945423,"sp500_market_value":67075482580000,"sp500_market_value_reference":{"as_of":"2026-07-31","source":"https://www.spglobal.com/spdji/en/indices/equity/sp-500/","value":67075482580000},"statement_split_factor":1.0},"model":"CHS","reason":null,"stage":"scored","status":"resolved","winsorization_bounds":{"cashmta":[0.021020929803193276,0.9684247940012214],"exretavg":[-0.17819743489624348,0.0776057500645592],"mb":[0.6531550117846402,21.368015721213112],"nimtaavg":[-0.2027940143589602,0.01725520933412486],"price":[-0.11895571739389744,2.70805020110221],"rsize":[-15.899352029311597,-6.572195415495241],"sigma":[0.26467426464597876,1.226641604179577],"tlmta":[0.014553701556193031,0.7123814514378755]},"winsorized":true,"winsorized_inputs":{"cashmta":0.4951120986519893,"exretavg":-0.06673856448338869,"mb":1.8510002063665218,"nimtaavg":-0.04659894993807036,"price":2.649714624089247,"rsize":-11.21969209504799,"sigma":0.5825647311945423,"tlmta":0.03456514858337779}}},"schema_version":1,"status":"analyzed"}