SNYR experienced a dramatic financial deterioration with net income swinging from $2.1M profit to -$12.3M loss while share count increased 31% suggesting significant dilution.
The company's transition from profitability to substantial losses, combined with a 31% increase in outstanding shares (from 8.6M to 11.3M), indicates potential financial distress and equity dilution. Despite improved operating cash flow and higher cash position, the overall financial trajectory shows severe operational challenges that require immediate investor attention.
SNYR's financial position deteriorated significantly with net income plummeting 681% from profit to substantial loss and operating income declining 246%. While the company improved its cash position (+281%) and reduced current liabilities by 52%, total assets declined 38% and stockholders' equity worsened to -$23.1M from already negative -$16.6M. The 31% increase in share count alongside massive losses suggests the company may be diluting shareholders to address liquidity needs, creating a concerning combination of operational deterioration and potential equity dilution.
Net income declined 680.8% — review whether driven by operations, interest costs, or non-recurring items.
Cash position surged 281.2% — strong cash generation or capital raise providing significant financial cushion.
Operating income deteriorated sharply — investigate whether driven by one-time charges or structural cost issues.
Inventory surged 117.7% — growing significantly faster than typical sales pace; potential demand softening or supply chain overcorrection.
Current liabilities reduced — improved short-term financial position and working capital health.
Operating cash flow surged 46.2% — exceptional cash generation, highest quality earnings signal.
Receivables declined — improved collection efficiency or conservative revenue recognition.
Equity declined sharply — large losses, buybacks, or write-downs reducing book value significantly.
Total assets contracted 37.8% — asset sales, write-downs, or balance sheet optimization underway.
Current assets declined 37.6% — monitor working capital adequacy and short-term liquidity.
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