10-K Analysis & Red FlagsC3.ai had THREE CFOs in less than a yearC3.ai Inc (AI) dealt with extremely high management turnover: three CFOs since December 2021. Plus other top red flags,Andre Castillo, Head of Forensic Research at Hudson Labs·Jul 14, 2022·3 min read
10-K Analysis & Red FlagsRevenue-related misstatements at SprinklrSprinklr Inc (CXM) reported misstatements and internal control issues related to revenue recognition accounting, plus more red flags. Andre Castillo, Head of Forensic Research at Hudson Labs·Jul 8, 2022·3 min read
Fuel Cell Energy identified a $12.4 million misstatement in its balance sheetHigh vs. low risk companies see 20 point differential in returns. FuelCell Energy identified a $12.4 million misstatement in its balance sheet.Andre Castillo, Head of Forensic Research at Hudson Labs·Jul 1, 2022·3 min read
BOXD, another SPAC, reports going concern issues and ineffective controlsBoxed Inc., a SPAC merger, reports going concern issues and ineffective controls. Eagle Bancorp pays the SEC $12.6 million. Peloton’s CFO resigns, etcAndre Castillo, Head of Forensic Research at Hudson Labs·Jun 24, 2022·3 min read
TWTR director Egon Durban to remain on board despite being voted outCellularity reported substantial doubt in continuing as a going concern and ineffective controls, and other top red flags.Andre Castillo, Head of Forensic Research at Hudson Labs·Jun 16, 2022·3 min read
10-K Analysis & Red FlagsHudson Labs' high vs. low risk companies see 20+ point differential in returnsBedrock’s highest risk equities had average returns of -22% while the lowest risk companies had returns of -1%. Man, our models are smart. Kris Bennatti, CEO of Hudson Labs·Jun 10, 2022·3 min read
10-K Analysis & Red FlagsDOJ executed a search and seizure warrant against NOTVINOTIV announced that the US Department of Justice (DOJ) executed a search and seizure warrant alleging violations of the Animal Welfare Act Andre Castillo, Head of Forensic Research at Hudson Labs·Jun 9, 2022·3 min read
10-K Analysis & Red FlagsVLTA’s CFO had inappropriate access to the company’s accounting systemVolta reported internal control issues, also reported going concern issues, and securities class action lawsuits. And other top red flags.Andre Castillo, Head of Forensic Research at Hudson Labs·Jun 2, 2022·3 min read
AI in FinanceIntroducing the 1st AI generated financial news feed We now offer AI generated news feeds, featuring ONLY the highest impact red flags for the companies you care about. Check out our new home page. Kris Bennatti, CEO of Hudson Labs·Jun 1, 2022·3 min read