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Institutional distribution: ownership decreased -0.66% quarter-over-quarter.
Data as of Q1 2026
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Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Solve the discounted cash flow backwards, then stress-test the assumptions.
This company doesn't have positive free cash flow, so a reverse DCF can't be run.
Top 24 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
5/8 of the 9 checks — 1 couldn't be scored (see above), so the score is out of the 8 with data.
Safe > 2.99 · grey 1.81–2.99 · distress < 1.81
Eight indices comparing this year to last (receivables, margins, asset quality, growth, accruals, leverage). Above −1.78 suggests possible manipulation; below −2.22 is clean.
A screen, not proof — high growth alone can raise it.
Cash-conversion data unavailable. Lower/negative accruals = higher quality (Sloan).
Coverage data unavailable.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $0 buybacks = $0 returned.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 5 years — and what it earned on reinvestment.
A reinvestment story — most cash went back into growth rather than to shareholders.
Operating income fell despite reinvestment — a warning on capital productivity. Current ROIC on all capital: -279%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 5 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Insufficient EBITDA/debt history.
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Interest expense isn't separately reported — often netted into “other income (expense), net.”
Cash vs short-term debt unavailable.
Short-term / long-term split not separately reported.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Educational — not a recommendation.
EOD close · as of 2026-08-05
Nothing notable to watch.
Where each multiple sits in its own 3-yr range
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 3-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
Low operating leverage — profit tracks sales closely (stable, less cyclical).
Each line as % of revenue — the trend in color
| % of revenue | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Cost of Revenue | — | 36.7 | 31.7 | 31.4 | 18.0 |
| Gross Profit | — | 63.3 | 68.3 | 68.6 | 82.0 |
| SG&A | — | 173.9 | 282.9 | 365.5 | 224.4 |
| Operating Income | — | -116.5 | -214.8 | -297.4 | -151.8 |
| Income Tax | — | 0.0 | 0.0 | 0.0 | 0.5 |
| Net Income | — | -290.1 | -315.8 | -696.0 | -184.9 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on BNZIW: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
EOD close · as of 2026-08-05 · 44d old
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $12.2M 100.0% | $4.5M 100.0% | $4.6M 100.0% | $5.3M 100.0% | — |
| Cost of Revenue | $2.2M 18.0% | $1.4M 31.4% | $1.4M 31.7% | $2.0M 36.7% | — |
| Gross Profit | $10.0M 82.0% | $3.1M 68.6% | $3.1M 68.3% | $3.4M 63.3% | — |
| Selling, General & Admin | $27.3M 224.4% | $16.5M 365.5% | $12.9M 282.9% | $9.3M 173.9% | $2.5M |
| Total Operating Expenses | $28.4M 233.8% | $16.6M 366.0% | $12.9M 283.1% | $9.6M 179.8% | — |
| Operating Income | -$18.5M -151.8% | -$13.5M -297.4% | -$9.8M -214.8% | -$6.2M -116.5% | -$2.7M |
| Interest & Investment Income | $3K 0.0% | $10 0.0% | $813 0.0% | $0 0.0% | $23K |
| Other Income (Expense), net | -$4.0M -32.6% | -$18.0M -398.5% | -$4.6M -101.1% | -$9.3M -173.6% | — |
| Pretax Income | -$22.4M -184.4% | -$31.5M -696.0% | -$14.4M -315.8% | -$15.5M -290.1% | $11.6M |
| Income Tax Expense | $61K 0.5% | $0 0.0% | $0 0.0% | $0 0.0% | — |
| Net Income | -$22.5M -184.9% | -$31.5M -696.0% | -$14.4M -315.8% | -$15.5M -290.1% | $11.6M |
| Per Share | |||||
| EPS (Basic) | $-118.91 | $-1394.94 | $-6.00 | $-2.40 | — |
| EPS (Diluted) | $-118.91 | $-1394.94 | $-6.00 | $-2.40 | — |
| Weighted Avg Shares (Basic) | 189K | 22K | 2.4M | 6.4M | — |
| Weighted Avg Shares (Diluted) | 189K | 22K | 2.4M | 6.4M | — |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.