Investment Thesis
CNBX is in severe financial distress with negative stockholders' equity of -$2.6M, liabilities exceeding assets, and virtually no revenue generation. The company is burning cash with -$47.4K operating cash flow and has negligible liquid assets of $7.7K, indicating imminent solvency risk.
Strengths
- Minimal capital expenditure suggests no major cash drains from asset purchases
- Some form of continued operations despite extreme financial stress
- Extremely low absolute debt levels relative to industry
Risks
- Negative stockholders' equity indicates technical insolvency and balance sheet impairment
- Zero revenue generation with no meaningful profitability pathway visible
- Severe liquidity crisis with current ratio of 0.00 and only $7.7K cash against $586.2K liabilities
- Negative operating cash flow of -$47.4K indicates ongoing cash burn
- No insider confidence demonstrated by absence of Form 4 filings in last 90 days
- Negative ROA of -1018.8% shows extreme asset value destruction
Key Metrics to Watch
- Stockholders equity trajectory - recovery toward positive is critical
- Operating cash flow trend - must return to positive sustainability
- Revenue generation initiatives - any meaningful revenue would be positive signal
- Cash burn rate and runway - how long until cash depletion at current burn rate
- Debt restructuring or capital injection announcements
Financial Metrics
Revenue
0.0
Net Income
-113.7K
EPS (Diluted)
$0.00
Free Cash Flow
-47.4K
Total Assets
11.2K
Cash
7.7K
Profitability Ratios
Gross Margin
N/A
Operating Margin
N/A
Net Margin
N/A
ROE
N/A
ROA
-1,018.8%
FCF Margin
N/A
Balance Sheet & Liquidity
Current Ratio
0.00x
Quick Ratio
0.00x
Debt/Equity
N/A
Debt/Assets
5,251.9%
Interest Coverage
-1.38x
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: 2026-03-22T15:04:10.339525 |
Data as of: 2025-11-30 |
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