Nocopi Technologies $NNUP Read from its own SEC filings · nothing written, nothing inferred
🫧 Edgar looked up NOCOPI TECHNOLOGIES, INC. ($NNUP). Last filing: 8-K (5.02 Departure or Election of Directors; Appointment of Officers), 2026-10-02. 5 event filings (8-K) in the past twelve months.
🔖 Exposure: revenue $1.5M (FY2025). Experience: revenue down 29.5% on the year, down 6.5% a year over 4 years; operating margin -40.3%, up from -155.8%. Soundness: equity 96.9% of assets, return on equity -1.1%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $404K and $2.6M 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 $355K to $3.0M. A statistical range, not company guidance. Against peers (13 filers, $50M+ revenue, its industry group): operating margin -40.3% against a 0.2% median; growth -29.5% against -4.5%.
Speed and cash · fiscal 2025
Both views must agree for a label · a description, not advice.
| Cash flow (op · inv · fin · free) | $1M · $0M · — · $1M |
| Investment book (cash · short · long) | $12M · — · — · current ratio 45.02 |
| Revenue swing · equity of assets | 55.8% · 96.9% |
Nocopi Technologies is growing slower than its size class, with revenue that swings more. Its own audited SEC figures.
The figures, as filed
| Fiscal year end | 2025-12-31 |
| Revenue | $1M |
| Revenue, on the year | −29.5% |
| Revenue, a year over the record | −6.5% |
| Operating margin | −40.3% |
| Operating margin, prior year | −155.8% |
| Net margin | −10.4% |
| Research and development | $0M · 12.0% of revenue |
| Total debt | — |
| Equity of assets | 96.9% |
| Return on equity | −1.1% |
| Payout of profit | — |
| Dividend per share | — |
| Earnings per share | $-0.014 |
| Book value per share | $1.26 |
| Revenue per share | $0.14 |
| Shares outstanding | 10,800,154 |
| Audited years read | 5 |
Peers: the median of 13 filers with $50M+ revenue in games, toys & children's vehicles (no dolls & bicycles).
Health HarborNocopi Technologies sails as: Weathered boat
Health watch · 12 monthsDirector or officer change ×2
Sailing speed follows growth: -31.4% a year crosses the harbor in 120 seconds.
🌊 Visit the Bay →- slow and jumpy: growing slower than its size class, with revenue that swings more
- revenue is hard to predict: its 80% range is ±73%
Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider. A picture of the signs, not a rating and not investment advice.
- 8-K · 2026-10-02 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits
- 10-Q · 2026-08-13
- 8-K · 2026-06-23 · 5.07 Submission of Matters to a Vote of Security Holders
- 8-K · 2026-05-21 · 1.01 Entry into a Material Definitive Agreement; 2.01 Completion of Acquisition or Disposition of Assets; 3.02 Unregistered Sales of Equity Securities; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits
- 10-Q · 2026-05-15
- DEF 14A · 2026-04-30
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. Reporting, not investment advice. No price targets and no trading recommendations. Figures from the SEC’s own data · every filing · this page as JSON · ask about another company