# DATA443 RISK MITIGATION, INC. (ATDS) · Edgar & Edgarette company card

> DATA443 Risk Mitigation (ATDS) saw revenue fall 9.3% in FY2025 to $4 million, operating margin -48.2% against a 0.9% median for prepackaged software, equity -224% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1068689 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/ATDS) · [JSON](https://www.pops4.com/boards/company/ATDS.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $4M |
| Revenue growth, 1 year | -9.3% |
| Revenue growth per year | 5.2% |
| Operating margin | -48.2% (prior year -62.9%) |
| Net margin | -58.1% |
| Operating cash flow | $1M |
| Capital spending | — |
| Free cash flow | — |
| Cash | $0 |
| Long-term debt | — |
| Total assets | $6M |
| Total equity | −$14M |
| Equity ÷ assets | -223.9% |
| Return on equity | — |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -52.97 (distress zone)
- Piotroski F: 5 of 9 (middling)
- Beneish M: -3.16 (below the −1.78 line)
- Health Harbor boat: Rotting at the dock · four or more warning signs · filed late annual report notice in the last 12 months; liabilities exceed assets (often from years of share buybacks, not always distress); operating loss: a margin of -48.2% in FY2025; revenue is hard to predict: its 80% range is ±64%
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $4.4M (FY2025). Experience: revenue down 9.3% on the year, up 5.2% a year over 4 years; operating margin -48.2%, up from -62.9%. Soundness: equity -223.9% of assets (liabilities exceed assets). Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $2.2M and $9.7M next year (method v4.1: its own 6-year record of growth weighed at 63% against under $50M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $1.9M to $10.8M. A statistical range, not company guidance. Against peers (140 filers, $50M+ revenue, services-prepackaged software): operating margin -48.2% against a 0.9% median; growth -9.3% against 13.0%.

Range logged 2026-09-25, receipt 64eca41837ae6123, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item NT 10-K Late annual report notice: 1, latest 2026-03-31 ([filing](https://www.sec.gov/Archives/edgar/data/1068689/000149315226014175/0001493152-26-014175-index.htm))

## Recent filings

- 8-K · filed 2026-10-22 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1068689/000149315226048029/0001493152-26-048029-index.htm)
- 8-K · filed 2026-10-14 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1068689/000149315226046936/0001493152-26-046936-index.htm)
- 8-K · filed 2026-09-02 · 1.01 Entry into a Material Definitive Agreement; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1068689/000149315226041246/0001493152-26-041246-index.htm)
- 10-Q · filed 2026-08-14 · [filing](https://www.sec.gov/Archives/edgar/data/1068689/000149315226038395/0001493152-26-038395-index.htm)
- 8-K · filed 2026-07-20 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1068689/000149315226033834/0001493152-26-033834-index.htm)
- 8-K · filed 2026-07-20 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1068689/000149315226033828/0001493152-26-033828-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001068689.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1068689

## Cite

POPS4, Edgar & Edgarette: DATA443 RISK MITIGATION, INC. (ATDS) company card, from the company's own SEC filings, accessed 2026-11-05, https://www.pops4.com/boards/company/ATDS. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.

