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GTBP

GT BIOPHARMA, INC.
CIK 0000109657 · EDGAR ↗
cleanelevatedtriggeredno dataplanned
100.0
composite · 1 signals · ELEVATED

Every card below shows the score and the exact filing data it was computed from — 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 — never a guess.

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Run the bounded investigation agent — reads this company's signals and writes a short, cited summary.

Signals

P-10 · FY 2026-03-02 · ELEVATED24.0

M&A pre-signal

3 strategic-language signal(s) in the 10-K
Evidence — inputs and thresholds
{
  "sc13d_filings": [],
  "ai_signals": [
    {
      "kind": "other",
      "summary": "Going concern uncertainty indicates potential financial distress that could make the company an acquisition target or force a sale.",
      "quote": "These factors raise substantial doubt about our ability to continue as a going concern within one year of the date that the financial statements are issued.",
      "quote_verified": true
    },
    {
      "kind": "other",
      "summary": "Company acknowledges need for additional financing to continue operations, increasing likelihood of strategic alternatives including sale.",
      "quote": "If we are unable to obtain additional financing, we believe existing cash resources will not be sufficient to enable us to fund the anticipated level of operations through one year from the date the accompanying financial statements are issued.",
      "quote_verified": true
    },
    {
      "kind": "other",
      "summary": "Company warns that without financing it may need to curtail operations, signaling potential need for a buyer or merger partner.",
      "quote": "There can be no assurances that we will be able to secure additional financing on acceptable terms.",
      "quote_verified": true
    }
  ],
  "quotes_discarded_unverified": 0,
  "ai_status": "ok",
  "method": "Deterministic 13D count + LLM language read (quote-verified)"
}
P-13 · FY 2023-12-31 · ELEVATED100.0

Zombie / distress

[FY2023 data, stale — no more recent EBIT figure in XBRL] Interest coverage -63.74x below 1.0
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-02-21)
Evidence — inputs and thresholds
{
  "icr_by_year": {
    "2025-12-31": null,
    "2024-12-31": null,
    "2023-12-31": -63.737,
    "2022-12-31": -2657.125
  },
  "consecutive_years_below_1": 2,
  "altman_z_double_prime": -159.428,
  "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": -13576000,
    "interest_expense_t": 213000
  },
  "stale": true,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/109657/000149315225007908/0001493152-25-007908-index.htm",
    "form": "10-K",
    "filed": "2025-02-21"
  }
}
P-08 · FY 2026-06-12 · CLEAN0.0

Insider timing

No clustered pre-event Form 4 pattern in the last year
Evidence — inputs and thresholds
{
  "clusters": [],
  "form4_total_1y": 5,
  "events_8k_1y": 9,
  "window_days": 14,
  "note": "Timing pattern only — direction (buy/sell) requires parsing each Form 4 XML; treat as a read-the-filings triage flag, not an accusation."
}
P-09 · FY 2026-03-02 · CLEAN9.7

Narrative divergence

Filing language stable vs prior 10-K
Evidence — inputs and thresholds
{
  "current": {
    "filed": "2026-03-02",
    "tokens": 50359,
    "uncertainty_per_1k": 19.7,
    "negative_per_1k": 8.64,
    "litigious_per_1k": 5.52
  },
  "prior": {
    "filed": "2025-02-21",
    "tokens": 45563,
    "uncertainty_per_1k": 20.3,
    "negative_per_1k": 7.99,
    "litigious_per_1k": 5.4
  },
  "ratios": {
    "uncertainty": 0.97,
    "negative": 1.081
  },
  "method": "Loughran-McDonald dictionary densities (lite subset unless full CSV present)"
}
P-11 · FY 2026-03-02 · CLEAN0.0

Stranded assets

No carbon-exposed asset language detected
Evidence — inputs and thresholds
{
  "exposures": [],
  "ppe_share_of_assets": null,
  "quotes_discarded_unverified": 0
}