{"as_of":"2026-10-09","company":{"cik":1953926,"exchange":"Nasdaq","has_companyfacts":true,"name":"Zenas BioPharma, Inc.","reason":null,"sector":"healthcare","sic":2834,"sic_description":"Pharmaceutical Preparations","status":"eligible","ticker":"ZBIO"},"condition":{"data_age":{"as_of":"2026-10-09","basis":"annual statements behind the grade; see diagnostics.filing_gap for the latest periodic filing","days":207,"latest_filed":"2026-03-16"},"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":{"auc":0.8893,"ci":[0.8716,0.9064],"inside":true,"test_events":617}},"standard_universe":{"assets":383640000,"assets_min":10000000,"inside":true,"receipts":{"assets":{"accession":"0001104659-26-027964","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","form":"10-K","tag":"us-gaap:Assets"},"revenue":{"accession":"0001104659-26-027964","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","form":"10-K","tag":"us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax"}},"revenue":10000000,"revenue_min":1000000,"rule":"revenue above $1M and total assets above $10M; the screen every published distress figure was measured inside"},"stratum":{"assets":383640000,"assets_max":591000000,"assets_min":120000000,"id":"Q3","label":"$120M to $591M assets","receipt":{"accession":"0001104659-26-027964","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","form":"10-K","tag":"us-gaap:Assets"}}},"coverage":{"resolved":5,"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":"0001104659-26-095448","concept":"operating_cash_flow","end":"2026-06-30","filed":"2026-08-13","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926095448/0001104659-26-095448-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":"2026-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-132433000},{"accession":"0001104659-26-059735","concept":"operating_cash_flow","end":"2026-03-31","filed":"2026-05-13","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926059735/0001104659-26-059735-index.html","fiscal_period":"Q1","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":"2026-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-75196000}],"method":"ytd_difference","unit":"USD","value":-57237000},{"concept":"operating_cash_flow","end":"2026-03-31","fiscal_period":"Q1","fiscal_year":2026,"inputs":[{"accession":"0001104659-26-059735","concept":"operating_cash_flow","end":"2026-03-31","filed":"2026-05-13","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926059735/0001104659-26-059735-index.html","fiscal_period":"Q1","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":"2026-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-75196000}],"method":"direct","unit":"USD","value":-75196000},{"concept":"operating_cash_flow","end":"2025-12-31","fiscal_period":"Q4","fiscal_year":2025,"inputs":[{"accession":"0001104659-26-027964","concept":"operating_cash_flow","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-172333000},{"accession":"0001104659-25-109753","concept":"operating_cash_flow","end":"2025-09-30","filed":"2025-11-12","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465925109753/0001104659-25-109753-index.html","fiscal_period":"Q3","fiscal_year":2025,"form":"10-Q","namespace":"us-gaap","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-119919000}],"method":"annual_less_ytd_q3","unit":"USD","value":-52414000},{"concept":"operating_cash_flow","end":"2025-09-30","fiscal_period":"Q3","fiscal_year":2025,"inputs":[{"accession":"0001104659-25-109753","concept":"operating_cash_flow","end":"2025-09-30","filed":"2025-11-12","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465925109753/0001104659-25-109753-index.html","fiscal_period":"Q3","fiscal_year":2025,"form":"10-Q","namespace":"us-gaap","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-119919000},{"accession":"0001104659-26-095448","concept":"operating_cash_flow","end":"2025-06-30","filed":"2026-08-13","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926095448/0001104659-26-095448-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-78794000}],"method":"ytd_difference","unit":"USD","value":-41125000}],"cash_input":{"accession":"0001104659-26-095448","concept":"cash","end":"2026-06-30","filed":"2026-08-13","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926095448/0001104659-26-095448-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","value":196577000},"detail":null,"kind":"diagnostic","months":10.439010142849556,"name":"cash_runway","period_end":"2026-06-30","reason":null,"short_runway":false,"status":"resolved","threshold_months":6,"trailing_operating_cash_flow":-225972000.0},"filing_gap":{"ceased":false,"days":57,"forms":["10-K","10-KT","10-Q","10-QT","20-F","40-F"],"kind":"diagnostic","last_accession":"0001104659-26-095448","last_filing_date":"2026-08-13","last_filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926095448/0001104659-26-095448-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":19451738.31,"window_trading_days":63},"piotroski_f_score":{"components":[{"inputs":[{"accession":"0001104659-26-027964","concept":"net_income","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetIncomeLoss","unit":"USD","value":-377737000},{"accession":"0001104659-26-027964","concept":"assets","end":"2024-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":369968000}],"metric":-1.0209991134368377,"name":"positive_roa","passed":false,"period_end":"2025-12-31","status":"resolved","unit":"ratio"},{"inputs":[{"accession":"0001104659-26-027964","concept":"operating_cash_flow","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-172333000}],"metric":-172333000.0,"name":"positive_operating_cash_flow","passed":false,"period_end":"2025-12-31","status":"resolved","unit":"USD"},{"detail":"two income years and three asset years are required","inputs":[{"accession":"0001104659-26-027964","concept":"net_income","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetIncomeLoss","unit":"USD","value":-377737000},{"accession":"0001104659-26-027964","concept":"net_income","end":"2024-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2024-01-01","tag":"NetIncomeLoss","unit":"USD","value":-156988000},{"accession":"0001104659-26-027964","concept":"assets","end":"2024-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":369968000}],"metric":null,"name":"improving_roa","passed":null,"period_end":"2025-12-31","reason":"insufficient_history","status":"unresolved","unit":""},{"inputs":[{"accession":"0001104659-26-027964","concept":"operating_cash_flow","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-172333000},{"accession":"0001104659-26-027964","concept":"net_income","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetIncomeLoss","unit":"USD","value":-377737000}],"metric":205404000.0,"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":"0001104659-26-027964","concept":"long_term_debt","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"LongTermDebtNoncurrent","unit":"USD","value":78636000},{"accession":"0001104659-26-027964","concept":"assets","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":383640000},{"accession":"0001104659-26-027964","concept":"assets","end":"2024-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":369968000}],"metric":null,"name":"declining_long_term_leverage","passed":null,"period_end":"2025-12-31","reason":"insufficient_history","status":"unresolved","unit":""},{"inputs":[{"accession":"0001104659-26-027964","concept":"current_assets","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"AssetsCurrent","unit":"USD","value":351171000},{"accession":"0001104659-26-027964","concept":"current_liabilities","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"LiabilitiesCurrent","unit":"USD","value":62649000},{"accession":"0001104659-26-027964","concept":"current_assets","end":"2024-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"AssetsCurrent","unit":"USD","value":355923000},{"accession":"0001104659-26-027964","concept":"current_liabilities","end":"2024-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"LiabilitiesCurrent","unit":"USD","value":57292000}],"metric":-0.6070652454585268,"name":"improving_current_ratio","passed":false,"period_end":"2025-12-31","status":"resolved","unit":"change_in_ratio"},{"inputs":[{"accession":"0001104659-26-027964","concept":"shares_outstanding","end":"2026-02-28","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":57361260},{"accession":"0001558370-25-002631","concept":"shares_outstanding","end":"2025-02-28","filed":"2025-03-11","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000155837025002631/0001558370-25-002631-index.html","fiscal_period":"FY","fiscal_year":2024,"form":"10-K","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":41799336}],"metric":0.37230074659559187,"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":"0001104659-26-027964","concept":"revenue","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","value":10000000},{"accession":"0001104659-26-027964","concept":"revenue","end":"2024-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2024-01-01","tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","value":5000000},{"accession":"0001104659-26-027964","concept":"assets","end":"2024-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":369968000}],"metric":null,"name":"improving_asset_turnover","passed":null,"period_end":"2025-12-31","reason":"insufficient_history","status":"unresolved","unit":""}],"coverage":{"resolved":5,"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":"0001104659-26-027964","concept":"net_income","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetIncomeLoss","unit":"USD","value":-377737000},{"accession":"0001104659-26-027964","concept":"operating_cash_flow","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-172333000},{"accession":"0001104659-26-027964","concept":"assets","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":383640000},{"accession":"0001104659-26-027964","concept":"assets","end":"2024-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":369968000}],"name":"accruals","period_end":"2025-12-31","sleeve":"profitability","status":"resolved","unit":"ratio","value":-0.5451216016815108},{"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":"0001104659-26-027964","concept":"current_assets","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"AssetsCurrent","unit":"USD","value":351171000},{"accession":"0001104659-26-027964","concept":"current_liabilities","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"LiabilitiesCurrent","unit":"USD","value":62649000},{"accession":"0001104659-26-027964","concept":"retained_earnings","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"RetainedEarningsAccumulatedDeficit","unit":"USD","value":-765128000},{"accession":"0001104659-26-027964","concept":"operating_income","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"OperatingIncomeLoss","unit":"USD","value":-383057000},{"accession":"0001104659-26-027964","concept":"book_equity","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"StockholdersEquity","unit":"USD","value":242144000},{"accession":"0001104659-26-027964","concept":"assets","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":383640000},{"accession":"0001104659-26-027964","concept":"liabilities","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Liabilities","unit":"USD","value":141496000}],"name":"altman_z_double_prime","period_end":"2025-12-31","sleeve":"solvency","status":"resolved","unit":"score","value":-6.48107943904389},{"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":"0001104659-26-027964","concept":"current_assets","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"AssetsCurrent","unit":"USD","value":351171000},{"accession":"0001104659-26-027964","concept":"current_liabilities","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"LiabilitiesCurrent","unit":"USD","value":62649000}],"name":"current_ratio","period_end":"2025-12-31","sleeve":"solvency","status":"resolved","unit":"ratio","value":5.605372791265623},{"detail":"four annual observations are required; found 2","direction":"higher","failure_class":"insufficient_history","inputs":[{"accession":"0001104659-26-027964","concept":"revenue","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","value":10000000},{"accession":"0001104659-26-027964","concept":"revenue","end":"2024-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2024-01-01","tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","value":5000000}],"name":"revenue_cagr_3y","period_end":"2025-12-31","reason":"insufficient_history","sleeve":"growth_and_financing","status":"unresolved","unit":"annual_rate","value":null},{"detail":"four consecutive annual FCF observations are required; found 2","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":"NOPAT must exceed $100,000","direction":"higher","failure_class":"non_positive_or_below_floor_denominator","inputs":[{"accession":"0001104659-26-027964","concept":"capital_expenditure","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD","value":18000},{"accession":"0001104659-26-027964","concept":"depreciation_amortization","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"Depreciation","unit":"USD","value":56000},{"accession":"0001104659-26-027964","concept":"operating_income","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"OperatingIncomeLoss","unit":"USD","value":-383057000},{"accession":"0001104659-26-027964","concept":"pretax_income","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","value":-377816000},{"accession":"0001104659-26-027964","concept":"income_tax","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"IncomeTaxExpenseBenefit","unit":"USD","value":-79000},{"accession":"0001104659-26-027964","concept":"current_assets","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"AssetsCurrent","unit":"USD","value":351171000},{"accession":"0001104659-26-027964","concept":"current_liabilities","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"LiabilitiesCurrent","unit":"USD","value":62649000},{"accession":"0001104659-26-027964","concept":"current_assets","end":"2024-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"AssetsCurrent","unit":"USD","value":355923000},{"accession":"0001104659-26-027964","concept":"current_liabilities","end":"2024-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"LiabilitiesCurrent","unit":"USD","value":57292000}],"name":"reinvestment_rate","period_end":"2025-12-31","reason":"non_positive_denominator","sleeve":"growth_and_financing","status":"unresolved","unit":"ratio","value":null},{"detail":"four annual observations are required; found 2","direction":"higher","failure_class":"insufficient_history","inputs":[{"accession":"0001104659-26-027964","concept":"assets","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":383640000},{"accession":"0001104659-26-027964","concept":"assets","end":"2024-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":369968000}],"name":"asset_growth_3y","period_end":"2025-12-31","reason":"insufficient_history","sleeve":"growth_and_financing","status":"unresolved","unit":"annual_rate","value":null},{"direction":"lower","inputs":[],"name":"chs_12m","period_end":"2026-06-30","sleeve":"solvency","status":"resolved","unit":"probability","value":0.0010215838365355782},{"detail":"provider split factors current=1, prior=1","direction":"lower","inputs":[{"accession":"0001104659-26-027964","concept":"shares_outstanding","end":"2026-02-28","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":57361260},{"accession":"0001558370-25-002631","concept":"shares_outstanding","end":"2025-02-28","filed":"2025-03-11","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000155837025002631/0001558370-25-002631-index.html","fiscal_period":"FY","fiscal_year":2024,"form":"10-K","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":41799336}],"name":"net_share_issuance","period_end":"2026-02-28","sleeve":"growth_and_financing","status":"resolved","unit":"growth_rate","value":0.37230074659559187}],"facts":[{"accession":"0001104659-26-027964","concept":"revenue","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","value":10000000},{"concept":"gross_profit","detail":"no matching annual XBRL fact","reason":"missing_input"},{"accession":"0001104659-26-027964","concept":"net_income","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetIncomeLoss","unit":"USD","value":-377737000},{"accession":"0001104659-26-027964","concept":"operating_cash_flow","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-172333000},{"accession":"0001104659-26-027964","concept":"assets","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":383640000},{"accession":"0001104659-26-027964","concept":"liabilities","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Liabilities","unit":"USD","value":141496000},{"accession":"0001104659-26-027964","concept":"cash","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","value":110641000},{"accession":"0001104659-26-027964","concept":"shares_outstanding","end":"2026-02-28","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":57361260}],"flags":[{"active":true,"detail":"split-adjusted year-over-year share growth is 37.2%","inputs":[{"accession":"0001104659-26-027964","concept":"shares_outstanding","end":"2026-02-28","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":57361260},{"accession":"0001558370-25-002631","concept":"shares_outstanding","end":"2025-02-28","filed":"2025-03-11","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000155837025002631/0001558370-25-002631-index.html","fiscal_period":"FY","fiscal_year":2024,"form":"10-K","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":41799336}],"name":"dilution","status":"resolved"},{"active":false,"detail":"cash runway is 10.4 months","inputs":[{"accession":"0001104659-26-095448","concept":"cash","end":"2026-06-30","filed":"2026-08-13","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926095448/0001104659-26-095448-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","value":196577000}],"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":"5 of 14 grade factors are computable; minimum is 7","inputs":[],"name":"thin_data","status":"resolved"},{"active":false,"detail":"latest revenue and assets both exceed the $100,000 validity floor","inputs":[{"accession":"0001104659-26-027964","concept":"revenue","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","value":10000000},{"accession":"0001104659-26-027964","concept":"assets","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":null,"tag":"Assets","unit":"USD","value":383640000}],"name":"degenerate_inputs","status":"resolved"},{"active":false,"detail":"CHS probability 0.102158%; 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":5,"wanted":14},"factor_percentiles":{"accruals":{"direction":"lower","peer_count":811,"peer_group":"healthcare","percentile":0.07901234567901234,"raw_value":-0.5451216016815108},"altman_z_double_prime":{"direction":"higher","peer_count":756,"peer_group":"healthcare","percentile":0.5536423841059602,"raw_value":-6.48107943904389},"chs_12m":{"direction":"lower","peer_count":248,"peer_group":"healthcare","percentile":0.5910931174089069,"raw_value":0.0010215838365355782},"current_ratio":{"direction":"higher","peer_count":839,"peer_group":"healthcare","percentile":0.32577565632458233,"raw_value":5.605372791265623},"net_share_issuance":{"direction":"lower","peer_count":634,"peer_group":"healthcare","percentile":0.7140600315955766,"raw_value":0.37230074659559187}},"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":0.7140600315955766,"profitability":0.07901234567901234,"solvency":0.49017038594648316},"status":"unresolved","ticker":"ZBIO"},"grade_history":[{"date":"2012-01-21","grade":null,"percentile":null,"stratum":null},{"date":"2025-03-21","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":6,"wanted":8},"feeds_grade":false,"live_inputs":{"book_equity":247097000,"cash":196577000,"debt":null,"ebit":-383057000,"free_cash_flow":-172351000.0,"market_equity":1710237211.52,"price":{"close":26.24,"date":"2026-10-08","volume":557529},"sales":10000000,"shares":{"accession":"0001104659-26-095448","concept":"shares_outstanding","end":"2026-07-31","filed":"2026-08-13","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926095448/0001104659-26-095448-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":65176723}},"metrics":[{"detail":"required accounting or market input is missing","inputs":[{"accession":"0001104659-26-027964","concept":"operating_income","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"OperatingIncomeLoss","unit":"USD","value":-383057000},{"accession":"0001104659-26-095448","concept":"cash","end":"2026-06-30","filed":"2026-08-13","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926095448/0001104659-26-095448-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","value":196577000}],"market_inputs":{"current_split_factor":1.0,"market_equity":1710237211.52,"price":{"close":26.24,"date":"2026-10-08","volume":557529},"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":"0001104659-26-027964","concept":"operating_cash_flow","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD","value":-172333000},{"accession":"0001104659-26-027964","concept":"capital_expenditure","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD","value":18000}],"market_inputs":{"current_split_factor":1.0,"market_equity":1710237211.52,"price":{"close":26.24,"date":"2026-10-08","volume":557529},"statement_split_factor":1.0},"name":"fcf_yield","period_end":"2025-12-31","reason":null,"status":"resolved","unit":"ratio","value":-0.10077607880302193},{"detail":null,"inputs":[{"accession":"0001104659-26-095448","concept":"book_equity","end":"2026-06-30","filed":"2026-08-13","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926095448/0001104659-26-095448-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"StockholdersEquity","unit":"USD","value":247097000}],"market_inputs":{"current_split_factor":1.0,"market_equity":1710237211.52,"price":{"close":26.24,"date":"2026-10-08","volume":557529},"statement_split_factor":1.0},"name":"book_to_price","period_end":"2026-06-30","reason":null,"status":"resolved","unit":"ratio","value":0.1444811271416488},{"detail":null,"inputs":[{"accession":"0001104659-26-027964","concept":"revenue","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","value":10000000}],"market_inputs":{"current_split_factor":1.0,"market_equity":1710237211.52,"price":{"close":26.24,"date":"2026-10-08","volume":557529},"statement_split_factor":1.0},"name":"sales_to_price","period_end":"2025-12-31","reason":null,"status":"resolved","unit":"ratio","value":0.005847142099727993},{"detail":null,"inputs":[],"market_inputs":{},"name":"momentum_12_1","period_end":"2026-10-09","reason":null,"status":"resolved","unit":"return","value":0.4558558558558554},{"detail":null,"inputs":[],"market_inputs":{},"name":"distance_from_52_week_high","period_end":"2026-10-09","reason":null,"status":"resolved","unit":"return","value":-0.3921704887653463},{"detail":null,"inputs":[],"market_inputs":{},"name":"sector_relative_strength","period_end":"2026-10-09","reason":null,"status":"resolved","unit":"log_excess_return","value":0.16341193332452053},{"detail":"a share count from five years earlier is required","inputs":[{"accession":"0001104659-26-027964","concept":"shares_outstanding","end":"2026-02-28","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"dei","start":null,"tag":"EntityCommonStockSharesOutstanding","unit":"shares","value":57361260}],"market_inputs":{"current_split_factor":1.0,"market_equity":1710237211.52,"price":{"close":26.24,"date":"2026-10-08","volume":557529},"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":"2026-10-08T19:59:37.13000324Z","enterprise_value":null,"feeds_grade":false,"market_equity":1711540745.9800003,"metrics":{"book_to_price":0.14437108820247005,"ebit_to_enterprise_value":null,"fcf_yield":-0.10069932626775685,"sales_to_price":0.005842688830802076},"predictive_claim":false,"price":26.26,"status":"resolved","verdict":null},"market_scope":{"status":"resolved"},"market_snapshot":{"ask":31.64,"bid":22.55,"daily_bar":{"c":26.26,"h":27.785,"l":25.53,"n":1249,"o":27.785,"t":"2026-10-08T04:00:00Z","v":46063,"vw":26.236434},"day_change":-1.9100000000000001,"day_change_percent":-0.06780262690805822,"feed":"iex","feeds_grade":false,"minute_bar":{"c":26.26,"h":26.26,"l":26.225,"n":40,"o":26.225,"t":"2026-10-08T19:59:00Z","v":714,"vw":26.244938},"previous_close":28.17,"price":26.26,"price_timestamp":"2026-10-08T19:59:37.13000324Z","quoted_spread":9.09,"quoted_spread_percent":0.3354862520760288,"reason":null,"retrieved_at":"2026-10-09T07:09:49.534009Z","status":"resolved","symbol":"ZBIO"},"models":{"chs_12m":{"accounting_period_end":"2026-06-30","accounting_receipts":{"book_equity":[{"accession":"0001104659-26-095448","concept":"book_equity","end":"2026-06-30","filed":"2026-08-13","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926095448/0001104659-26-095448-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"StockholdersEquity","unit":"USD","value":247097000}],"cash_and_short_term_investments":[{"accession":"0001104659-26-095448","concept":"cash_and_short_term_investments","end":"2026-06-30","filed":"2026-08-13","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926095448/0001104659-26-095448-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"CashCashEquivalentsAndShortTermInvestments","unit":"USD","value":673900000}],"liabilities":[{"accession":"0001104659-26-095448","concept":"liabilities","end":"2026-06-30","filed":"2026-08-13","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926095448/0001104659-26-095448-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"Liabilities","unit":"USD","value":454593000},{"accession":"0001104659-26-059735","concept":"liabilities","end":"2026-03-31","filed":"2026-05-13","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926059735/0001104659-26-059735-index.html","fiscal_period":"Q1","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"Liabilities","unit":"USD","value":411853000},{"accession":"0001104659-26-095448","concept":"liabilities","end":"2025-12-31","filed":"2026-08-13","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926095448/0001104659-26-095448-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"Liabilities","unit":"USD","value":141496000},{"accession":"0001104659-25-109753","concept":"liabilities","end":"2025-09-30","filed":"2025-11-12","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465925109753/0001104659-25-109753-index.html","fiscal_period":"Q3","fiscal_year":2025,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"Liabilities","unit":"USD","value":125590000}],"net_income":[{"accession":"0001104659-26-095448","concept":"net_income","end":"2026-06-30","filed":"2026-08-13","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926095448/0001104659-26-095448-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":"2026-04-01","tag":"NetIncomeLoss","unit":"USD","value":-111456000},{"accession":"0001104659-26-095448","concept":"net_income","end":"2026-03-31","filed":"2026-08-13","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926095448/0001104659-26-095448-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":"2026-01-01","tag":"NetIncomeLoss","unit":"USD","value":-80987000},{"accession":"0001104659-26-027964","concept":"net_income","end":"2025-12-31","filed":"2026-03-16","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926027964/0001104659-26-027964-index.html","fiscal_period":"FY","fiscal_year":2025,"form":"10-K","namespace":"us-gaap","start":"2025-01-01","tag":"NetIncomeLoss","unit":"USD","value":-377737000},{"accession":"0001104659-25-109753","concept":"net_income","end":"2025-09-30","filed":"2025-11-12","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465925109753/0001104659-25-109753-index.html","fiscal_period":"Q3","fiscal_year":2025,"form":"10-Q","namespace":"us-gaap","start":"2025-01-01","tag":"NetIncomeLoss","unit":"USD","value":-137295000},{"accession":"0001104659-25-109753","concept":"net_income","end":"2025-09-30","filed":"2025-11-12","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465925109753/0001104659-25-109753-index.html","fiscal_period":"Q3","fiscal_year":2025,"form":"10-Q","namespace":"us-gaap","start":"2025-07-01","tag":"NetIncomeLoss","unit":"USD","value":-51499000}],"shares_outstanding":[{"accession":"0001104659-26-095448","concept":"shares_outstanding","end":"2026-06-30","filed":"2026-08-13","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926095448/0001104659-26-095448-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"CommonStockSharesOutstanding","unit":"shares","value":63330747},{"accession":"0001104659-26-059735","concept":"shares_outstanding","end":"2026-03-31","filed":"2026-05-13","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926059735/0001104659-26-059735-index.html","fiscal_period":"Q1","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"CommonStockSharesOutstanding","unit":"shares","value":62383377},{"accession":"0001104659-26-095448","concept":"shares_outstanding","end":"2025-12-31","filed":"2026-08-13","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465926095448/0001104659-26-095448-index.html","fiscal_period":"Q2","fiscal_year":2026,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"CommonStockSharesOutstanding","unit":"shares","value":54485518},{"accession":"0001104659-25-109753","concept":"shares_outstanding","end":"2025-09-30","filed":"2025-11-12","filing_url":"https://www.sec.gov/Archives/edgar/data/1953926/000110465925109753/0001104659-25-109753-index.html","fiscal_period":"Q3","fiscal_year":2025,"form":"10-Q","namespace":"us-gaap","start":null,"tag":"CommonStockSharesOutstanding","unit":"shares","value":42213465}]},"conditional_failure_probability":0.0010215838365355782,"contributions":{"cashmta":-0.6788699517409993,"exretavg":0.014723953269730652,"mb":0.3207551138388562,"nimtaavg":1.2243571792849701,"price":-0.1570669116639282,"rsize":0.47725529575457887,"sigma":0.7733148771968603,"tlmta":0.30415147498241396},"cumulative_probability":false,"detail":null,"fitted_sample":"1963-2003","horizon_months":12,"imputed":false,"inputs":{"cashmta":0.31841930194230733,"exretavg":-0.002065360256660212,"mb":4.27673485118475,"nimtaavg":-0.060420310860884834,"price":2.70805020110221,"rsize":-10.605673238990642,"sigma":0.5480615713655991,"tlmta":0.21479623939436016},"log_odds":-6.885378969077517,"market_receipts":{"benchmark_price_as_of":{"close":773.93,"date":"2026-10-08","volume":40507321},"current_split_factor":1.0,"monthly_excess_returns":[-0.17766218921698046,0.003638718023814033,0.21377139976850437,0.33196185025311825,-0.1000876437576945,-0.11172115729248455,-0.24790368958338296,0.36943169586189717,-0.6960098360452404,-0.0678964067893966,0.2152242188843747,0.31836737403187926],"nimta_quarters":[{"cover_split_factor":1.0,"market_equity":1607334358.86,"period_end":"2026-06-30","period_split_factor":1.0,"price":{"close":25.38,"date":"2026-06-30","volume":867745},"share_fact_end":"2026-06-30","split_adjusted_shares":63330747.0},{"cover_split_factor":1.0,"market_equity":1219595020.3500001,"period_end":"2026-03-31","period_split_factor":1.0,"price":{"close":19.55,"date":"2026-03-31","volume":2564976},"share_fact_end":"2026-03-31","split_adjusted_shares":62383377.0},{"cover_split_factor":1.0,"market_equity":1978369158.5800002,"period_end":"2025-12-31","period_split_factor":1.0,"price":{"close":36.31,"date":"2025-12-31","volume":381142},"share_fact_end":"2025-12-31","split_adjusted_shares":54485518.0},{"cover_split_factor":1.0,"market_equity":937138923.0,"period_end":"2025-09-30","period_split_factor":1.0,"price":{"close":22.2,"date":"2025-09-30","volume":514967},"share_fact_end":"2025-09-30","split_adjusted_shares":42213465.0}],"price_as_of":{"close":26.24,"date":"2026-10-08","volume":557529},"sigma":0.5480615713655991,"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":0.31841930194230733,"exretavg":-0.002065360256660212,"mb":4.27673485118475,"nimtaavg":-0.060420310860884834,"price":2.70805020110221,"rsize":-10.605673238990642,"sigma":0.5480615713655991,"tlmta":0.21479623939436016}}},"schema_version":1,"status":"analyzed"}
