Rotting at the dockTurnongreen $TOGI
Grew revenue 47.1% in FY2025 to $7 million, operating margin -18.5% against a -7.6% median for miscellaneous electrical machinery, equipment & supplies, equity -1018% of assets.
Last filing10-Q, 13 Nov 2026
Edgarette’s full reading · exposure, experience, soundness, credibility, range
🫧 Edgar looked up TURNONGREEN, INC. ($TOGI). Last filing: 10-Q, 2026-11-13. 2 event filings (8-K) in the past twelve months. Auditor change (8-K Item 4.01) filed 2025-05-01.
🔖 Exposure: revenue $7.2M (FY2025). Experience: revenue up 47.1% on the year, up 7.8% a year over 4 years; operating margin -18.5%, up from -72.1%. Soundness: equity -1017.7% of assets (liabilities exceed assets). Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $5.2M and $16.0M next year (method v4.1: its own 4-year record of growth weighed at 50% 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 $4.8M to $17.3M. A statistical range, not company guidance. Against peers (15 filers, $50M+ revenue, miscellaneous electrical machinery, equipment & supplies): operating margin -18.5% against a -7.6% median; growth 47.1% against 6.9%.
Read from its own SEC filings · nothing written, nothing inferred
Speed and cash · fiscal 2025
Both views must agree for a label · a description, not advice.
| Cash flow (op · inv · fin · free) | −$3M · −$0M · $3M · −$3M |
| Investment book (cash · short · long) | $0M · — · — · current ratio 0.24 |
| Revenue swing · equity of assets | 27.5% · -200.0% |
Turnongreen is growing faster than its size class, with steadier revenue. Its own audited SEC figures.
The figures, as filed
| Fiscal year end | 2025-12-31 |
| Revenue | $7M |
| Revenue, on the year | 47.1% |
| Revenue, a year over the record | 7.8% |
| Operating margin | −18.5% |
| Operating margin, prior year | −72.1% |
| Net margin | −29.2% |
| Research and development | $0M · 6.1% of revenue |
| Total debt | — |
| Equity of assets | −1017.7% |
| Return on equity | — |
| Payout of profit | — |
| Dividend per share | — |
| Earnings per share | $-0.01 |
| Book value per share | $-0.18 |
| Revenue per share | $0.04 |
| Shares outstanding | 183,982,485 |
| Audited years read | 5 |
Peers: the median of 15 filers with $50M+ revenue in miscellaneous electrical machinery, equipment & supplies.
Classic signals · fiscal 2025Altman Z″ -72.59 distress zone 1968Piotroski F 6 of 9 solid 2000Beneish M -0.67 above the −1.78 line 1999Sloan accruals 28.2% earnings ahead of cash 1996DuPont ROE needs net income, revenue and two years of assets and equity
What a terminal subscription used to buy, a filing and arithmetic now give anyone. Published method, from the same filings. Display only: nothing here moves the range or its receipt. Why? →
Health HarborTurnongreen sails as: Rotting at the dock
Health watch · 12 monthsquiet · none of the watched events filed
Tied up at the dock.
🌊 Visit the Bay →- liabilities exceed assets (often from years of share buybacks, not always distress)
- operating cash flow was negative
- operating loss: a margin of -18.5% in FY2025
- revenue is hard to predict: its 80% range is ±51%
Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an operating loss; negative free cash flow outside regulated utilities; an 80% revenue range of ±25% or wider. A picture of the signs, not a rating and not investment advice.
- 10-Q · 2026-11-13
- 8-K · 2026-09-29 · 5.03 Amendments to Articles or Bylaws; Change in Fiscal Year; 9.01 Financial Statements and Exhibits
- 8-K · 2026-09-21 · 5.07 Submission of Matters to a Vote of Security Holders; 9.01 Financial Statements and Exhibits
- DEF 14A · 2026-08-26
- 10-Q · 2026-08-13
- 10-Q · 2026-05-13
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Each benchmark is the median of SEC filers in your industry code, from their own audited filings, read on the filing boards. Reporting, not investment advice.
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 · Open in Excel (CSV) · Ten-year table (CSV) ·