Investment Thesis
BEGI exhibits severe financial distress with negative stockholders' equity of -2.5M, indicating the company is technically insolvent. Revenue has collapsed 218.6% YoY with only -65.2K in reported revenue, while operating losses and negative free cash flow of -146.6K demonstrate non-viability of current operations. The company faces immediate solvency risk with liabilities exceeding assets and minimal cash reserves of $193.
Strengths
- Positive operating income of $2.2M suggests some business segments may be generating returns
- Interest coverage ratio of 112.8x indicates no immediate debt service burden relative to operating results
- Company remains reporting to SEC with data as recent as 2025-03-31
Risks
- Negative stockholders' equity of -2.5M indicates technical insolvency and potential shareholder equity wipeout
- Catastrophic revenue decline of 218.6% YoY signals loss of business viability
- Negative operating cash flow of -113.4K combined with negative free cash flow creates immediate liquidity crisis
- Current ratio of 0.00x shows inability to meet short-term obligations
- Minimal cash position of $193 insufficient for any meaningful operations
Key Metrics to Watch
- Stockholders' equity trend - recovery toward positive territory critical for solvency
- Revenue stabilization - must demonstrate halt to revenue collapse
- Operating cash flow - must return to positive to indicate sustainable business model
- Liabilities reduction - particularly if company pursues restructuring or bankruptcy
Financial Metrics
Revenue
-65.2K
Net Income
-137.3K
EPS (Diluted)
$0.00
Free Cash Flow
-146.6K
Total Assets
402.3K
Cash
193.0
Profitability Ratios
Gross Margin
N/A
Operating Margin
-3,350.6%
Net Margin
210.6%
ROE
N/A
ROA
-34.1%
FCF Margin
224.9%
Balance Sheet & Liquidity
Current Ratio
0.00x
Quick Ratio
0.00x
Debt/Equity
N/A
Debt/Assets
712.8%
Interest Coverage
112.82x
Long-term Debt
N/A
Disclaimer: This analysis is generated by AI based on publicly available SEC EDGAR filings.
It does not include stock price data and should not be considered financial advice.
All fundamental data is sourced from SEC public domain filings.
Always conduct your own research before making investment decisions.
Data Source: SEC EDGAR |
Analysis Date: 2026-03-20T21:44:11.106002 |
Data as of: 2025-03-31 |
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