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CIK 1103021

BioDelivery Sciences International, Inc.
CIK 0001103021 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
100.0
composite ยท 2 signals ยท ELEVATED

Every card below shows the score and the exact filing data it was computed from โ€” no unexplained numbers. Some signals (P-02, P-03, P-08, P-09, P-10, P-11) pull live documents from SEC EDGAR the first time you view this company; a few of those (P-03, P-10, P-11) use AI to read the filing text, but every AI claim must quote the actual document verbatim or it's discarded โ€” never a guess.

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Signals

P-05 ยท FY 2021-12-31 ยท ELEVATED100.0

Tax arbitrage

ETR -186.5% vs 21% statutory โ€” gap persistent across 2 of 2 years
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2022-03-09) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2021-12-31": -1.8648,
    "2020-12-31": 0.0097
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2021-12-31": 2.0748,
    "2020-12-31": 0.2003
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2021-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1103021/000110302122000051/0001103021-22-000051-index.htm",
    "form": "10-K",
    "filed": "2022-03-09"
  }
}
P-13 ยท FY 2019-12-31 ยท ELEVATED60.1

Zombie / distress

[FY2019 data, stale โ€” no more recent EBIT figure in XBRL] Interest coverage 0.20x below 1.0
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2021-03-11) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2021-12-31": null,
    "2020-12-31": null,
    "2019-12-31": 0.196,
    "2018-12-31": -2.32
  },
  "consecutive_years_below_1": 2,
  "altman_z_double_prime": -3.462,
  "definitions": {
    "zombie": "ICR<1 for 3+ consecutive FYs (BIS 2018)",
    "z_distress": "<1.1 distress, 1.1-2.6 gray, >2.6 safe"
  },
  "inputs": {
    "ebit_t": 3736000,
    "interest_expense_t": 19040000
  },
  "stale": true,
  "latest_filing_period": "2021-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1103021/000110302121000029/0001103021-21-000029-index.htm",
    "form": "10-K",
    "filed": "2021-03-11"
  }
}