{"as_of":"2026-10-09","company":{"cik":1479419,"exchange":"Nasdaq","has_companyfacts":true,"name":"KALA BIO, Inc.","reason":null,"sector":"healthcare","sic":2834,"sic_description":"Pharmaceutical Preparations","status":"eligible","ticker":"KALA"},"condition":{"data_age":{"as_of":"2026-10-09","basis":"annual statements behind the grade; see diagnostics.filing_gap for the latest periodic filing","days":177,"latest_filed":"2026-04-15"},"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":0.7605,"base_rate_annual":0.00604,"ci":[0.6477,0.8628],"id":"Q1","test_events":63},"test_window":"filings 2020-01-01 to 2025-12-31","universe":{"auc":0.7452,"ci":[0.6558,0.8329],"inside":false,"test_events":74}},"standard_universe":{"assets":9490000,"assets_min":10000000,"inside":false,"receipts":{"assets":{"accession":"0001104659-26-043782","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","form":"10-K","tag":"us-gaap:Assets"},"revenue":{"accession":"0001104659-26-043782","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","form":"10-K","tag":"us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax"}},"revenue":0,"revenue_min":1000000,"rule":"revenue above $1M and total assets above $10M; the screen every published distress figure was measured inside"},"stratum":{"assets":9490000,"assets_max":12500000,"assets_min":null,"id":"Q1","label":"under $12.5M assets","receipt":{"accession":"0001104659-26-043782","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-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":"0001104659-26-098783","concept":"operating_cash_flow","end":"2026-06-30","filed":"2026-08-19","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926098783/0001104659-26-098783-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":"2026-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-4430000},{"accession":"0001104659-26-062397","concept":"operating_cash_flow","end":"2026-03-31","filed":"2026-05-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926062397/0001104659-26-062397-index.html","fiscal_period":"Q1","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":"2026-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-2895000}],"method":"ytd_difference","unit":"USD","value":-1535000},{"concept":"operating_cash_flow","end":"2026-03-31","fiscal_period":"Q1","fiscal_year":2026,"inputs":[{"accession":"0001104659-26-062397","concept":"operating_cash_flow","end":"2026-03-31","filed":"2026-05-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926062397/0001104659-26-062397-index.html","fiscal_period":"Q1","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":"2026-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-2895000}],"method":"direct","unit":"USD","value":-2895000},{"concept":"operating_cash_flow","end":"2025-12-31","fiscal_period":"Q4","fiscal_year":2025,"inputs":[{"accession":"0001104659-26-043782","concept":"operating_cash_flow","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-31991000},{"accession":"0001104659-25-113927","concept":"operating_cash_flow","end":"2025-09-30","filed":"2025-11-19","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465925113927/0001104659-25-113927-index.html","fiscal_period":"Q3","fiscal_year":2025,"form":"10-Q","namespace":"us-gaap","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-27435000}],"method":"annual_less_ytd_q3","unit":"USD","value":-4556000},{"concept":"operating_cash_flow","end":"2025-09-30","fiscal_period":"Q3","fiscal_year":2025,"inputs":[{"accession":"0001104659-25-113927","concept":"operating_cash_flow","end":"2025-09-30","filed":"2025-11-19","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465925113927/0001104659-25-113927-index.html","fiscal_period":"Q3","fiscal_year":2025,"form":"10-Q","namespace":"us-gaap","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-27435000},{"accession":"0001104659-26-098783","concept":"operating_cash_flow","end":"2025-06-30","filed":"2026-08-19","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926098783/0001104659-26-098783-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-16558000}],"method":"ytd_difference","unit":"USD","value":-10877000}],"cash_input":{"accession":"0001104659-26-098783","concept":"cash","end":"2026-06-30","filed":"2026-08-19","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926098783/0001104659-26-098783-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","value":229000},"detail":null,"kind":"diagnostic","months":0.13834768161909078,"name":"cash_runway","period_end":"2026-06-30","reason":null,"short_runway":true,"status":"resolved","threshold_months":6,"trailing_operating_cash_flow":-19863000.0},"filing_gap":{"ceased":false,"days":51,"forms":["10-K","10-KT","10-Q","10-QT","20-F","40-F"],"kind":"diagnostic","last_accession":"0001104659-26-098783","last_filing_date":"2026-08-19","last_filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926098783/0001104659-26-098783-index.html","last_form":"10-Q","name":"filing_gap","reason":null,"status":"resolved","threshold_days":365},"late_filer":{"filings":[{"accession":"0001829126-26-008832","filing_date":"2026-08-14","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000182912626008832/0001829126-26-008832-index.html","form":"NT 10-Q"},{"accession":"0001829126-26-002931","filing_date":"2026-03-31","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000182912626002931/0001829126-26-002931-index.html","form":"NT 10-K"},{"accession":"0001104659-25-112446","filing_date":"2025-11-14","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465925112446/0001104659-25-112446-index.html","form":"NT 10-Q"}],"forms":["NT 10-K","NT 10-Q"],"kind":"diagnostic","late_filer":true,"lookback_days":730,"name":"late_filer","reason":null,"status":"resolved"},"median_dollar_adv":{"status":"resolved","unit":"USD_per_day","value":90415.2776,"window_trading_days":63},"piotroski_f_score":{"components":[{"inputs":[{"accession":"0001104659-26-043782","concept":"net_income","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetIncomeLoss","unit":"USD","value":-26980000},{"accession":"0001104659-26-043782","concept":"assets","end":"2024-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":55483000}],"metric":-0.48627507524827424,"name":"positive_roa","passed":false,"period_end":"2025-12-31","status":"resolved","unit":"ratio"},{"inputs":[{"accession":"0001104659-26-043782","concept":"operating_cash_flow","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-31991000}],"metric":-31991000.0,"name":"positive_operating_cash_flow","passed":false,"period_end":"2025-12-31","status":"resolved","unit":"USD"},{"inputs":[{"accession":"0001104659-26-043782","concept":"net_income","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetIncomeLoss","unit":"USD","value":-26980000},{"accession":"0001104659-26-043782","concept":"net_income","end":"2024-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2024-01-01","tag":"NetIncomeLoss","unit":"USD","value":-38511000},{"accession":"0001104659-26-043782","concept":"assets","end":"2024-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":55483000},{"accession":"0001558370-25-004081","concept":"assets","end":"2023-12-31","filed":"2025-03-31","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837025004081/0001558370-25-004081-index.html","fiscal_period":"FY","fiscal_year":2024,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":55949000}],"metric":0.20204821918058063,"name":"improving_roa","passed":true,"period_end":"2025-12-31","status":"resolved","unit":"change_in_ratio"},{"inputs":[{"accession":"0001104659-26-043782","concept":"operating_cash_flow","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-31991000},{"accession":"0001104659-26-043782","concept":"net_income","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetIncomeLoss","unit":"USD","value":-26980000}],"metric":-5011000.0,"name":"cash_flow_exceeds_net_income","passed":false,"period_end":"2025-12-31","status":"resolved","unit":"USD"},{"detail":"two debt years and three asset years are required","inputs":[{"accession":"0001104659-26-043782","concept":"long_term_debt","end":"2024-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"LongTermDebtNoncurrent","unit":"USD","value":20102000},{"accession":"0001104659-26-043782","concept":"assets","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":9490000},{"accession":"0001104659-26-043782","concept":"assets","end":"2024-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":55483000},{"accession":"0001558370-25-004081","concept":"assets","end":"2023-12-31","filed":"2025-03-31","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837025004081/0001558370-25-004081-index.html","fiscal_period":"FY","fiscal_year":2024,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":55949000}],"metric":null,"name":"declining_long_term_leverage","passed":null,"period_end":"2025-12-31","reason":"insufficient_history","status":"unresolved","unit":""},{"inputs":[{"accession":"0001104659-26-043782","concept":"current_assets","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"AssetsCurrent","unit":"USD","value":9490000},{"accession":"0001104659-26-043782","concept":"current_liabilities","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"LiabilitiesCurrent","unit":"USD","value":2494000},{"accession":"0001104659-26-043782","concept":"current_assets","end":"2024-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"AssetsCurrent","unit":"USD","value":52797000},{"accession":"0001104659-26-043782","concept":"current_liabilities","end":"2024-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"LiabilitiesCurrent","unit":"USD","value":16956000}],"metric":0.6913672786378742,"name":"improving_current_ratio","passed":true,"period_end":"2025-12-31","status":"resolved","unit":"change_in_ratio"},{"inputs":[{"accession":"0001104659-26-043782","concept":"shares_outstanding","end":"2026-04-10","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":929491578},{"accession":"0001558370-25-004081","concept":"shares_outstanding","end":"2025-03-28","filed":"2025-03-31","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837025004081/0001558370-25-004081-index.html","fiscal_period":"FY","fiscal_year":2024,"form":"10-K","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":6452398}],"metric":143.0536646995427,"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":""},{"inputs":[{"accession":"0001104659-26-043782","concept":"revenue","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"RevenueFromContractWithCustomerIncludingAssessedTax","unit":"USD","value":0},{"accession":"0001104659-26-043782","concept":"revenue","end":"2024-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2024-01-01","tag":"RevenueFromContractWithCustomerIncludingAssessedTax","unit":"USD","value":0},{"accession":"0001104659-26-043782","concept":"assets","end":"2024-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":55483000},{"accession":"0001558370-25-004081","concept":"assets","end":"2023-12-31","filed":"2025-03-31","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837025004081/0001558370-25-004081-index.html","fiscal_period":"FY","fiscal_year":2024,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":55949000}],"metric":0.0,"name":"improving_asset_turnover","passed":false,"period_end":"2025-12-31","status":"resolved","unit":"change_in_ratio"}],"coverage":{"resolved":7,"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":"0001104659-26-043782","concept":"net_income","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetIncomeLoss","unit":"USD","value":-26980000},{"accession":"0001104659-26-043782","concept":"operating_cash_flow","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-31991000},{"accession":"0001104659-26-043782","concept":"assets","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":9490000},{"accession":"0001104659-26-043782","concept":"assets","end":"2024-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":55483000}],"name":"accruals","period_end":"2025-12-31","sleeve":"profitability","status":"resolved","unit":"ratio","value":0.15424868791651916},{"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":"0001104659-26-043782","concept":"current_assets","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"AssetsCurrent","unit":"USD","value":9490000},{"accession":"0001104659-26-043782","concept":"current_liabilities","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"LiabilitiesCurrent","unit":"USD","value":2494000},{"accession":"0001104659-26-043782","concept":"retained_earnings","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"RetainedEarningsAccumulatedDeficit","unit":"USD","value":-694900000},{"accession":"0001104659-26-043782","concept":"operating_income","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"OperatingIncomeLoss","unit":"USD","value":-39161000},{"accession":"0001104659-26-043782","concept":"book_equity","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"StockholdersEquity","unit":"USD","value":6996000},{"accession":"0001104659-26-043782","concept":"assets","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":9490000},{"accession":"0001104659-26-043782","concept":"liabilities","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Liabilities","unit":"USD","value":2494000}],"name":"altman_z_double_prime","period_end":"2025-12-31","sleeve":"solvency","status":"resolved","unit":"score","value":-258.66073962293484},{"detail":"EBITDA must exceed $100,000","direction":"lower","failure_class":"non_positive_or_below_floor_denominator","inputs":[{"accession":"0001558370-23-002746","concept":"total_debt","end":"2022-12-31","filed":"2023-03-03","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837023002746/0001558370-23-002746-index.html","fiscal_period":"FY","fiscal_year":2022,"form":"10-K","namespace":"us-gaap","start":null,"tag":"LongTermDebt","unit":"USD","value":43303000},{"accession":"0001558370-24-004326","concept":"cash","end":"2022-12-31","filed":"2024-03-29","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837024004326/0001558370-24-004326-index.html","fiscal_period":"FY","fiscal_year":2023,"form":"10-K","namespace":"us-gaap","start":null,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","value":70495000},{"accession":"0001558370-24-004326","concept":"operating_income","end":"2022-12-31","filed":"2024-03-29","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837024004326/0001558370-24-004326-index.html","fiscal_period":"FY","fiscal_year":2023,"form":"10-K","namespace":"us-gaap","start":"2022-01-01","tag":"OperatingIncomeLoss","unit":"USD","value":-81706000},{"accession":"0001558370-24-004326","concept":"depreciation_amortization","end":"2022-12-31","filed":"2024-03-29","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837024004326/0001558370-24-004326-index.html","fiscal_period":"FY","fiscal_year":2023,"form":"10-K","namespace":"us-gaap","start":"2022-01-01","tag":"DepreciationDepletionAndAmortization","unit":"USD","value":537000}],"name":"net_debt_to_ebitda","period_end":"2022-12-31","reason":"non_positive_denominator","sleeve":"solvency","status":"unresolved","unit":"ratio","value":null},{"detail":"latest aligned inputs end 2023-12-31; latest annual assets end 2025-12-31","direction":"higher","failure_class":"insufficient_history","inputs":[{"accession":"0001558370-25-004081","concept":"operating_income","end":"2023-12-31","filed":"2025-03-31","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837025004081/0001558370-25-004081-index.html","fiscal_period":"FY","fiscal_year":2024,"form":"10-K","namespace":"us-gaap","start":"2023-01-01","tag":"OperatingIncomeLoss","unit":"USD","value":-39663000},{"accession":"0001558370-24-004326","concept":"interest_expense","end":"2023-12-31","filed":"2024-03-29","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837024004326/0001558370-24-004326-index.html","fiscal_period":"FY","fiscal_year":2023,"form":"10-K","namespace":"us-gaap","start":"2023-01-01","tag":"InterestExpense","unit":"USD","value":5814000}],"name":"interest_coverage","period_end":"2023-12-31","reason":"period_mismatch","sleeve":"solvency","status":"unresolved","unit":"ratio","value":null},{"direction":"higher","inputs":[{"accession":"0001104659-26-043782","concept":"current_assets","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"AssetsCurrent","unit":"USD","value":9490000},{"accession":"0001104659-26-043782","concept":"current_liabilities","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"LiabilitiesCurrent","unit":"USD","value":2494000}],"name":"current_ratio","period_end":"2025-12-31","sleeve":"solvency","status":"resolved","unit":"ratio","value":3.805132317562149},{"detail":"current value must be positive and the base must exceed $100,000","direction":"higher","failure_class":"non_positive_or_below_floor_denominator","inputs":[{"accession":"0001104659-26-043782","concept":"revenue","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"RevenueFromContractWithCustomerIncludingAssessedTax","unit":"USD","value":0},{"accession":"0001104659-26-043782","concept":"revenue","end":"2024-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2024-01-01","tag":"RevenueFromContractWithCustomerIncludingAssessedTax","unit":"USD","value":0},{"accession":"0001558370-25-004081","concept":"revenue","end":"2023-12-31","filed":"2025-03-31","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837025004081/0001558370-25-004081-index.html","fiscal_period":"FY","fiscal_year":2024,"form":"10-K","namespace":"us-gaap","start":"2023-01-01","tag":"RevenueFromContractWithCustomerIncludingAssessedTax","unit":"USD","value":0},{"accession":"0001558370-24-004326","concept":"revenue","end":"2022-12-31","filed":"2024-03-29","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837024004326/0001558370-24-004326-index.html","fiscal_period":"FY","fiscal_year":2023,"form":"10-K","namespace":"us-gaap","start":"2022-01-01","tag":"RevenueFromContractWithCustomerIncludingAssessedTax","unit":"USD","value":3892000}],"name":"revenue_cagr_3y","period_end":"2025-12-31","reason":"non_positive_denominator","sleeve":"growth_and_financing","status":"unresolved","unit":"annual_rate","value":null},{"detail":"four consecutive annual FCF observations are required; found 3","direction":"higher","failure_class":"insufficient_history","inputs":[],"name":"fcf_cagr_3y","period_end":"2019-12-31","reason":"insufficient_history","sleeve":"growth_and_financing","status":"unresolved","unit":"annual_rate","value":null},{"detail":"one or more required annual facts are missing","direction":"higher","failure_class":"missing_input","inputs":[],"name":"reinvestment_rate","period_end":null,"reason":"missing_input","sleeve":"growth_and_financing","status":"unresolved","unit":"ratio","value":null},{"direction":"higher","inputs":[{"accession":"0001104659-26-043782","concept":"assets","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":9490000},{"accession":"0001104659-26-043782","concept":"assets","end":"2024-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":55483000},{"accession":"0001558370-25-004081","concept":"assets","end":"2023-12-31","filed":"2025-03-31","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837025004081/0001558370-25-004081-index.html","fiscal_period":"FY","fiscal_year":2024,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":55949000},{"accession":"0001558370-24-004326","concept":"assets","end":"2022-12-31","filed":"2024-03-29","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837024004326/0001558370-24-004326-index.html","fiscal_period":"FY","fiscal_year":2023,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":86820000}],"name":"asset_growth_3y","period_end":"2025-12-31","sleeve":"growth_and_financing","status":"resolved","unit":"annual_rate","value":-0.521866899544899},{"direction":"lower","inputs":[],"name":"chs_12m","period_end":"2026-06-30","sleeve":"solvency","status":"resolved","unit":"probability","value":0.005127592556275923},{"detail":"provider split factors current=0.02, prior=0.02","direction":"lower","inputs":[{"accession":"0001104659-26-043782","concept":"shares_outstanding","end":"2026-04-10","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":929491578},{"accession":"0001558370-25-004081","concept":"shares_outstanding","end":"2025-03-28","filed":"2025-03-31","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837025004081/0001558370-25-004081-index.html","fiscal_period":"FY","fiscal_year":2024,"form":"10-K","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":6452398}],"name":"net_share_issuance","period_end":"2026-04-10","sleeve":"growth_and_financing","status":"resolved","unit":"growth_rate","value":143.0536646995427}],"facts":[{"accession":"0001104659-26-043782","concept":"revenue","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"RevenueFromContractWithCustomerIncludingAssessedTax","unit":"USD","value":0},{"concept":"gross_profit","detail":"no matching annual XBRL fact","reason":"missing_input"},{"accession":"0001104659-26-043782","concept":"net_income","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetIncomeLoss","unit":"USD","value":-26980000},{"accession":"0001104659-26-043782","concept":"operating_cash_flow","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-31991000},{"accession":"0001104659-26-043782","concept":"assets","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":9490000},{"accession":"0001104659-26-043782","concept":"liabilities","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Liabilities","unit":"USD","value":2494000},{"accession":"0001104659-26-043782","concept":"cash","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","value":7557000},{"accession":"0001104659-26-043782","concept":"shares_outstanding","end":"2026-04-10","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":929491578}],"flags":[{"active":true,"detail":"split-adjusted year-over-year share growth is 14305.4%","inputs":[{"accession":"0001104659-26-043782","concept":"shares_outstanding","end":"2026-04-10","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":929491578},{"accession":"0001558370-25-004081","concept":"shares_outstanding","end":"2025-03-28","filed":"2025-03-31","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837025004081/0001558370-25-004081-index.html","fiscal_period":"FY","fiscal_year":2024,"form":"10-K","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":6452398}],"name":"dilution","status":"resolved"},{"active":true,"detail":"cash runway is 0.1 months","inputs":[{"accession":"0001104659-26-098783","concept":"cash","end":"2026-06-30","filed":"2026-08-19","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926098783/0001104659-26-098783-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","value":229000}],"name":"short_runway","status":"resolved"},{"active":true,"detail":"found 3 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":true,"detail":"latest revenue or assets are at or below the $100,000 validity floor","inputs":[{"accession":"0001104659-26-043782","concept":"revenue","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"RevenueFromContractWithCustomerIncludingAssessedTax","unit":"USD","value":0},{"accession":"0001104659-26-043782","concept":"assets","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":9490000}],"name":"degenerate_inputs","status":"resolved"},{"active":false,"detail":"CHS probability 0.512759%; universe top-decile threshold 1.068854%","inputs":[],"name":"distress","status":"resolved"},{"active":true,"detail":"cash minus debt is 27,192,000 USD; Altman Z is not used","inputs":[{"accession":"0001558370-24-004326","concept":"cash","end":"2022-12-31","filed":"2024-03-29","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837024004326/0001558370-24-004326-index.html","fiscal_period":"FY","fiscal_year":2023,"form":"10-K","namespace":"us-gaap","start":null,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","value":70495000},{"accession":"0001558370-23-002746","concept":"total_debt","end":"2022-12-31","filed":"2023-03-03","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837023002746/0001558370-23-002746-index.html","fiscal_period":"FY","fiscal_year":2022,"form":"10-K","namespace":"us-gaap","start":null,"tag":"LongTermDebt","unit":"USD","value":43303000}],"name":"fortress","status":"resolved"}],"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":0.9395061728395062,"raw_value":0.15424868791651916},"altman_z_double_prime":{"direction":"higher","peer_count":756,"peer_group":"healthcare","percentile":0.9880794701986755,"raw_value":-258.66073962293484},"asset_growth_3y":{"direction":"higher","peer_count":704,"peer_group":"healthcare","percentile":0.9829302987197724,"raw_value":-0.521866899544899},"chs_12m":{"direction":"lower","peer_count":248,"peer_group":"healthcare","percentile":0.8380566801619433,"raw_value":0.005127592556275923},"current_ratio":{"direction":"higher","peer_count":839,"peer_group":"healthcare","percentile":0.4797136038186158,"raw_value":3.805132317562149},"net_share_issuance":{"direction":"lower","peer_count":634,"peer_group":"healthcare","percentile":0.995260663507109,"raw_value":143.0536646995427}},"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":0.9890954811134407,"profitability":0.9395061728395062,"solvency":0.7686165847264115},"status":"unresolved","ticker":"KALA"},"grade_history":[{"date":"2012-01-21","grade":null,"percentile":null,"stratum":null},{"date":"2018-04-21","grade":null,"percentile":null,"stratum":"Q2"},{"date":"2019-03-21","grade":null,"percentile":null,"stratum":"Q3"},{"date":"2023-03-21","grade":"E","percentile":0.9962264150943396,"stratum":"Q2"},{"date":"2024-04-21","grade":null,"percentile":null,"stratum":"Q2"},{"date":"2026-04-21","grade":null,"percentile":null,"stratum":"Q1"}],"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":8,"wanted":8},"feeds_grade":false,"live_inputs":{"book_equity":9044000,"cash":229000,"debt":26948000,"ebit":-39161000,"free_cash_flow":-94055000.0,"market_equity":5736180.5276,"price":{"close":0.2966,"date":"2026-10-08","volume":662504},"sales":0,"shares":{"accession":"0001104659-26-098783","concept":"shares_outstanding","end":"2026-08-14","filed":"2026-08-19","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926098783/0001104659-26-098783-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":19339786}},"metrics":[{"detail":null,"inputs":[{"accession":"0001104659-26-043782","concept":"operating_income","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"OperatingIncomeLoss","unit":"USD","value":-39161000},{"accession":"0001104659-25-113927","concept":"total_debt","end":"2025-09-30","filed":"2025-11-19","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465925113927/0001104659-25-113927-index.html","fiscal_period":"Q3","fiscal_year":2025,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"LongTermDebt","unit":"USD","value":26948000},{"accession":"0001104659-26-098783","concept":"cash","end":"2026-06-30","filed":"2026-08-19","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926098783/0001104659-26-098783-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","value":229000}],"market_inputs":{"current_split_factor":1.0,"enterprise_value":32455180.527599998,"market_equity":5736180.5276,"price":{"close":0.2966,"date":"2026-10-08","volume":662504},"statement_split_factor":1.0},"name":"ebit_to_enterprise_value","period_end":"2025-12-31","reason":null,"status":"resolved","unit":"ratio","value":-1.2066178453913499},{"detail":null,"inputs":[{"accession":"0001558370-21-001797","concept":"operating_cash_flow","end":"2019-12-31","filed":"2021-02-25","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837021001797/0001558370-21-001797-index.html","fiscal_period":"FY","fiscal_year":2020,"form":"10-K","namespace":"us-gaap","start":"2019-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-92720000},{"accession":"0001558370-20-000733","concept":"capital_expenditure","end":"2019-12-31","filed":"2020-02-12","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837020000733/0001558370-20-000733-index.html","fiscal_period":"FY","fiscal_year":2019,"form":"10-K","namespace":"us-gaap","start":"2019-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD","value":1335000}],"market_inputs":{"current_split_factor":1.0,"market_equity":5736180.5276,"price":{"close":0.2966,"date":"2026-10-08","volume":662504},"statement_split_factor":1.0},"name":"fcf_yield","period_end":"2019-12-31","reason":null,"status":"resolved","unit":"ratio","value":-16.396799150139774},{"detail":null,"inputs":[{"accession":"0001104659-26-098783","concept":"book_equity","end":"2026-06-30","filed":"2026-08-19","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926098783/0001104659-26-098783-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"StockholdersEquity","unit":"USD","value":9044000}],"market_inputs":{"current_split_factor":1.0,"market_equity":5736180.5276,"price":{"close":0.2966,"date":"2026-10-08","volume":662504},"statement_split_factor":1.0},"name":"book_to_price","period_end":"2026-06-30","reason":null,"status":"resolved","unit":"ratio","value":1.5766588859057373},{"detail":null,"inputs":[{"accession":"0001104659-26-043782","concept":"revenue","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"RevenueFromContractWithCustomerIncludingAssessedTax","unit":"USD","value":0}],"market_inputs":{"current_split_factor":1.0,"market_equity":5736180.5276,"price":{"close":0.2966,"date":"2026-10-08","volume":662504},"statement_split_factor":1.0},"name":"sales_to_price","period_end":"2025-12-31","reason":null,"status":"resolved","unit":"ratio","value":0.0},{"detail":null,"inputs":[],"market_inputs":{},"name":"momentum_12_1","period_end":"2026-10-09","reason":null,"status":"resolved","unit":"return","value":-0.9912065359477125},{"detail":null,"inputs":[],"market_inputs":{},"name":"distance_from_52_week_high","period_end":"2026-10-09","reason":null,"status":"resolved","unit":"return","value":-0.9962216560509554},{"detail":null,"inputs":[],"market_inputs":{},"name":"sector_relative_strength","period_end":"2026-10-09","reason":null,"status":"resolved","unit":"log_excess_return","value":-4.945928566233212},{"detail":null,"inputs":[{"accession":"0001104659-26-043782","concept":"shares_outstanding","end":"2026-04-10","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":929491578},{"accession":"0001558370-21-001797","concept":"shares_outstanding","end":"2021-02-24","filed":"2021-02-25","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000155837021001797/0001558370-21-001797-index.html","fiscal_period":"FY","fiscal_year":2020,"form":"10-K","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":61552352}],"market_inputs":{"cumulative_log_return":-11.228833255023005,"current_split_factor":1.0,"current_total_return_price":{"close":0.2966,"date":"2026-10-08","volume":662504},"market_equity":5736180.5276,"price":{"close":0.2966,"date":"2026-10-08","volume":662504},"prior_market_equity":549662503.36,"prior_raw_price":{"close":8.93,"date":"2021-02-24","volume":2194162},"prior_total_return_price":{"close":22325.0,"date":"2021-02-24","volume":877},"statement_split_factor":1.0},"name":"composite_equity_issuance_5y","period_end":"2026-04-10","reason":null,"status":"resolved","unit":"log_growth","value":6.666322370934809}],"name":"implied_expectations","predictive_claim":false,"verdict":null},"live_implied_expectations":{"as_of":"2026-10-08T18:42:56.816211215Z","enterprise_value":32466784.3992,"feeds_grade":false,"market_equity":5747784.3992,"metrics":{"book_to_price":1.5734758598911227,"ebit_to_enterprise_value":-1.20618659114775,"fcf_yield":-16.36369659465497,"sales_to_price":0.0},"predictive_claim":false,"price":0.2972,"status":"resolved","verdict":null},"market_scope":{"status":"resolved"},"market_snapshot":{"ask":null,"bid":0.2506,"daily_bar":{"c":0.2972,"h":0.3301,"l":0.2921,"n":28,"o":0.3301,"t":"2026-10-08T04:00:00Z","v":4028,"vw":0.306407},"day_change":-0.059599999999999986,"day_change_percent":-0.16704035874439457,"feed":"iex","feeds_grade":false,"minute_bar":{"c":0.2972,"h":0.2972,"l":0.2972,"n":1,"o":0.2972,"t":"2026-10-08T18:42:00Z","v":100,"vw":0.2972},"previous_close":0.3568,"price":0.2972,"price_timestamp":"2026-10-08T18:42:56.816211215Z","quoted_spread":null,"quoted_spread_percent":null,"reason":null,"retrieved_at":"2026-10-09T07:09:49.534009Z","status":"resolved","symbol":"KALA"},"models":{"chs_12m":{"accounting_period_end":"2026-06-30","accounting_receipts":{"book_equity":[{"accession":"0001104659-26-098783","concept":"book_equity","end":"2026-06-30","filed":"2026-08-19","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926098783/0001104659-26-098783-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"StockholdersEquity","unit":"USD","value":9044000}],"cash_and_short_term_investments":[{"accession":"0001104659-26-098783","concept":"cash","end":"2026-06-30","filed":"2026-08-19","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926098783/0001104659-26-098783-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","value":229000},{"accession":"0001104659-26-098783","concept":"short_term_investments","end":"2026-06-30","filed":"2026-08-19","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926098783/0001104659-26-098783-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"ShortTermInvestments","unit":"USD","value":7000000}],"liabilities":[{"accession":"0001104659-26-098783","concept":"liabilities","end":"2026-06-30","filed":"2026-08-19","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926098783/0001104659-26-098783-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"Liabilities","unit":"USD","value":1538000},{"accession":"0001104659-26-062397","concept":"liabilities","end":"2026-03-31","filed":"2026-05-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926062397/0001104659-26-062397-index.html","fiscal_period":"Q1","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"Liabilities","unit":"USD","value":1557000},{"accession":"0001104659-26-098783","concept":"liabilities","end":"2025-12-31","filed":"2026-08-19","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926098783/0001104659-26-098783-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"Liabilities","unit":"USD","value":2494000},{"accession":"0001104659-25-113927","concept":"liabilities","end":"2025-09-30","filed":"2025-11-19","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465925113927/0001104659-25-113927-index.html","fiscal_period":"Q3","fiscal_year":2025,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"Liabilities","unit":"USD","value":33686000}],"net_income":[{"accession":"0001104659-26-098783","concept":"net_income","end":"2026-06-30","filed":"2026-08-19","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926098783/0001104659-26-098783-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":"2026-04-01","tag":"NetIncomeLoss","unit":"USD","value":-1581000},{"accession":"0001104659-26-062397","concept":"net_income","end":"2026-03-31","filed":"2026-05-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926062397/0001104659-26-062397-index.html","fiscal_period":"Q1","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":"2026-01-01","tag":"NetIncomeLoss","unit":"USD","value":-1621000},{"accession":"0001104659-26-043782","concept":"net_income","end":"2025-12-31","filed":"2026-04-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926043782/0001104659-26-043782-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetIncomeLoss","unit":"USD","value":-26980000},{"accession":"0001104659-25-113927","concept":"net_income","end":"2025-09-30","filed":"2025-11-19","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465925113927/0001104659-25-113927-index.html","fiscal_period":"Q3","fiscal_year":2025,"form":"10-Q","namespace":"us-gaap","start":"2025-01-01","tag":"NetIncomeLoss","unit":"USD","value":-27666000},{"accession":"0001104659-25-113927","concept":"net_income","end":"2025-09-30","filed":"2025-11-19","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465925113927/0001104659-25-113927-index.html","fiscal_period":"Q3","fiscal_year":2025,"form":"10-Q","namespace":"us-gaap","start":"2025-07-01","tag":"NetIncomeLoss","unit":"USD","value":-7564000}],"shares_outstanding":[{"accession":"0001104659-26-098783","concept":"shares_outstanding","end":"2026-06-30","filed":"2026-08-19","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926098783/0001104659-26-098783-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"CommonStockSharesOutstanding","unit":"shares","value":19339786},{"accession":"0001104659-26-062397","concept":"shares_outstanding","end":"2026-03-31","filed":"2026-05-15","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926062397/0001104659-26-062397-index.html","fiscal_period":"Q1","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"CommonStockSharesOutstanding","unit":"shares","value":18589832},{"accession":"0001104659-26-098783","concept":"shares_outstanding","end":"2025-12-31","filed":"2026-08-19","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465926098783/0001104659-26-098783-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"CommonStockSharesOutstanding","unit":"shares","value":556995},{"accession":"0001104659-25-113927","concept":"shares_outstanding","end":"2025-09-30","filed":"2025-11-19","filing_url":"https://www.sec.gov/Archives/edgar/data/1479419/000110465925113927/0001104659-25-113927-index.html","fiscal_period":"Q3","fiscal_year":2025,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"CommonStockSharesOutstanding","unit":"shares","value":7432925}]},"conditional_failure_probability":0.005127592556275923,"contributions":{"cashmta":-2.0646816608106042,"exretavg":1.2703695133753197,"mb":0.04937481616608063,"nimtaavg":1.8884087460172398,"price":0.006899431608846052,"rsize":0.7154708413190218,"sigma":1.730791303497383,"tlmta":0.29938877537296055},"cumulative_probability":false,"detail":null,"fitted_sample":"1963-2003","horizon_months":12,"imputed":false,"inputs":{"cashmta":0.9937889185690988,"exretavg":-0.46458657557721067,"mb":0.6583308822144084,"nimtaavg":-0.09319032501072048,"price":-1.2153708492783055,"rsize":-16.27453557334728,"sigma":1.2297744556662338,"tlmta":0.2114327509696049},"log_odds":-5.267978233453752,"market_receipts":{"benchmark_price_as_of":{"close":773.93,"date":"2026-10-08","volume":40507321},"current_split_factor":1.0,"monthly_excess_returns":[-0.4458445825167695,-0.14057617533464567,-0.8283157006999535,-0.24352912438052313,-0.9084758984451495,-0.5988438839447396,-0.7357124915656543,-0.324023433724176,-0.06252683755044516,-0.5533990063417892,0.21212738375987822,-0.6972888079751413],"nimta_quarters":[{"cover_split_factor":1.0,"market_equity":33457829.78,"period_end":"2026-06-30","period_split_factor":1.0,"price":{"close":1.73,"date":"2026-06-30","volume":315252},"share_fact_end":"2026-06-30","split_adjusted_shares":19339786.0},{"cover_split_factor":0.02,"market_equity":3217899.9192,"period_end":"2026-03-31","period_split_factor":0.02,"price":{"close":0.1731,"date":"2026-03-31","volume":2038887},"share_fact_end":"2026-03-31","split_adjusted_shares":18589832.0},{"cover_split_factor":0.019996402877697838,"market_equity":309633.5205,"period_end":"2025-12-31","period_split_factor":0.019996402877697838,"price":{"close":0.5559,"date":"2025-12-31","volume":669108},"share_fact_end":"2025-12-31","split_adjusted_shares":556995.0},{"cover_split_factor":0.02,"market_equity":11372375.25,"period_end":"2025-09-30","period_split_factor":0.02,"price":{"close":1.53,"date":"2025-09-30","volume":4910318},"share_fact_end":"2025-09-30","split_adjusted_shares":7432925.0}],"price_as_of":{"close":0.2966,"date":"2026-10-08","volume":662504},"sigma":1.2297744556662338,"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":0.9684247940012214,"exretavg":-0.17819743489624348,"mb":0.6583308822144084,"nimtaavg":-0.09319032501072048,"price":-0.11895571739389744,"rsize":-15.899352029311597,"sigma":1.226641604179577,"tlmta":0.2114327509696049}}},"schema_version":1,"status":"analyzed"}
