A company still losing money with growing sales, with high risk.
Going well
Sales up 99% last year
Watch out for
About 3 months of cash left at its current burn
Losing money, losses are large next to sales
1 offering filing in 6 months (may sell new shares)
Money moves
No insider buying or selling in the last 30 days
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$0.55-1.8% that day
Company value
$7.6B
Share price times all shares
Cash vs value
0%
Cash as a share of company value
From SCNI's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 5 quarters, from SEC filings
Profit, Jun '23
-$3.8M
Dec '21Tap a barJun '23
Last 12 months: -$12.7M.
What the price assumes
Your guesses, our math
Move the sliders to your own view of SCNI. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$2M
Profit in 5 years$0M
Price these guesses point to$0.00-100% vs $0.55 todayAbout -80% a year, before dividends
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
0/4Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-91.9%
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.Losses many times its sales
MissProfitable every yearSteady profits, not one good year.1 of 7 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$6.1M
Revenue
$1.3M
+99.2% vs prior year
Current ratio
1.30x
short-term assets / bills due
Free cash flow
-$6.1M
-461.9% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: debt under half of equity, share count not growing, gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2023
EPS
$0.00
vs $0.00
Free cash flow
-$3.3M
Share count
+81.0%
vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trend
No trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
This week
0
Normal week
0.9
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady
The share count changed with a stock split this quarter, so the change in holdings isn't comparable until next quarter.
Shares held by institutions190K
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+135.2%
Cash runwayAt last year's cash burn
3 months
Shares outstandingLatest reported
13.9B
Why high risk
Losing money, losses are large next to sales
About 3 months of cash left at its current burn
Share count growing 135.2% a year (dilution)
3 offering filings in 6 months (may sell new shares)
Earnings reports
Last 0
Next reportNot enough history
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days