Issue 000 | U.S. Pilot | US

MSN

EMERSON RADIO CORP

Passing Verified 10-Q | 2026-02-17 Filing currency: USD
Margin of Safety 59.2%

GNNI internal calculation. Market context inputs are retained internally and are not displayed.

Current Assets
19,582,000USD
Total Liabilities
1,533,000USD
NCAV
18,049,000USD
Cash
4,193,000USD
NCAV per share
0.86USD/share
Evidence
10 annual | 20 quarterly

Business Profile

Checklist-driven facts extracted from filing text. Missing fields stay visible.

Business profile not generated.

Run python -m application.cli.business_profile run --market US --one MSN, then regenerate the site.

Known Unknowns

Medium | Share Count

Issue 000 does not yet evaluate share count trend or post-filing dilution beyond Mary's screening flags.

Low | Classification

U.S. Pilot rows are surfaced for source inspection and may still need manual business classification review.

Annual Financials

Latest annual periods, newest first. Missing cells render as n/a.

Metric
2025-03-31
10-K
USD
2024-03-31
10-K
USD
2023-03-31
10-K
USD
2022-03-31
10-K
USD
2021-03-31
10-K
USD
2020-03-31
10-K
USD
2019-03-31
10-K
USD
2018-03-31
10-K
USD
2017-03-31
10-K
USD
2016-03-31
10-K
USD
Revenue 10,785,000 9,070,000 7,177,000 8,206,000 7,445,000 6,293,000 8,982,000 15,022,000 21,251,000 45,751,000
Operating Income -5,615,000 -3,399,000 -2,096,000 -3,440,000 -4,195,000 -4,626,000 -3,648,000 -3,882,000 -326,000 -1,405,000
Net Income -4,731,000 766,000 -1,360,000 -3,626,000 -3,976,000 -4,307,000 -2,437,000 -6,851,000 -237,000 -968,000
Cash From Operations -3,647,000 -5,258,000 -308,000 -4,712,000 -4,293,000 -1,911,000 -2,190,000 -5,156,000 1,869,000 6,766,000
Capex -195,000 -119,000 0 -2,000 n/a n/a n/a -4,000 -5,000 n/a
Free Cash Flow -3,842,000 -5,377,000 -308,000 -4,714,000 n/a n/a n/a -5,160,000 1,864,000 n/a
Cash And Equivalents 1,186,000 19,890,000 25,268,000 25,576,000 5,245,000 6,276,000 7,917,000 25,096,000 27,471,000 30,096,000
Accounts Receivable 1,499,000 1,343,000 1,165,000 1,294,000 691,000 484,000 604,000 1,884,000 1,208,000 2,800,000
Inventory n/a n/a n/a n/a n/a n/a n/a n/a n/a 2,056,000
Total Current Assets 22,794,000 28,604,000 31,095,000 29,513,000 33,592,000 37,356,000 41,253,000 47,064,000 56,938,000 58,326,000
Total Assets 23,530,000 29,065,000 31,371,000 30,010,000 33,902,000 37,901,000 41,861,000 47,757,000 57,848,000 59,888,000
Total Current Liabilities 1,710,000 1,974,000 4,648,000 1,375,000 1,536,000 1,209,000 960,000 1,103,000 921,000 2,658,000
Total Liabilities 2,036,000 2,840,000 5,912,000 3,191,000 3,457,000 3,480,000 3,133,000 3,974,000 921,000 2,658,000
Shareholders Equity 21,494,000 26,225,000 25,459,000 26,819,000 30,445,000 34,421,000 38,728,000 43,783,000 56,927,000 57,230,000
Shares Outstanding 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 22,799,088 27,065,852 27,129,832
Shares Outstanding Diluted n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a
Weighted Avg Shares Diluted 21,042,652 21,042,652 21,042,652 21,043,000 21,043,000 21,043,000 21,931,000 25,282,000 27,115,000 27,130,000
Weighted Avg Shares Basic 21,042,652 21,042,652 21,042,652 21,043,000 21,043,000 21,043,000 21,931,000 25,282,000 27,115,000 27,130,000
Quarterly Financials

Latest quarterly periods, newest first. Periods are shown only when Data Vault has them.

Metric
2025-12-31
10-Q
USD
2025-09-30
10-Q
USD
2025-06-30
10-Q
USD
2025-03-31
10-K
USD
2024-12-31
10-Q
USD
2024-09-30
10-Q
USD
2024-06-30
10-Q
USD
2024-03-31
10-K
USD
2023-12-31
10-Q
USD
2023-09-30
10-Q
USD
2023-06-30
10-Q
USD
2023-03-31
10-K
USD
2022-12-31
10-Q
USD
2022-09-30
10-Q
USD
2022-06-30
10-Q
USD
2022-03-31
10-K
USD
2021-12-31
10-Q
USD
2021-09-30
10-Q
USD
2021-06-30
10-Q
USD
2021-03-31
10-K
USD
Revenue 1,891,000 1,215,000 1,675,000 1,846,000 4,003,000 2,738,000 2,198,000 2,201,000 2,622,000 2,438,000 1,809,000 1,871,000 1,932,000 2,300,000 1,074,000 1,721,000 2,574,000 1,859,000 2,052,000 1,547,000
Operating Income -826,000 -1,196,000 -1,309,000 -2,543,000 -733,000 -1,117,000 -1,222,000 -1,150,000 -724,000 -666,000 -859,000 -167,000 -480,000 -300,000 -1,149,000 -943,000 -721,000 -855,000 -921,000 -973,000
Net Income -694,000 -1,043,000 -1,140,000 -2,361,000 -527,000 -881,000 -962,000 -3,518,000 2,214,000 2,635,000 -565,000 111,000 -241,000 -153,000 -1,077,000 -915,000 -1,164,000 -632,000 -915,000 -950,000
Cash From Operations -228,000 -2,038,000 -514,000 -391,000 -287,000 -2,129,000 -840,000 -2,239,000 1,293,000 -3,765,000 -547,000 -2,026,000 -479,000 2,865,000 -668,000 832,000 -1,279,000 -2,454,000 -1,811,000 -225,000
Capex 0 0 0 0 -8,000 -7,000 -180,000 -12,000 -22,000 -35,000 -50,000 0 0 0 0 n/a n/a n/a n/a n/a
Free Cash Flow -228,000 -2,038,000 -514,000 -391,000 -295,000 -2,136,000 -1,020,000 -2,251,000 1,271,000 -3,800,000 -597,000 -2,026,000 -479,000 2,865,000 -668,000 n/a n/a n/a n/a n/a
Cash And Equivalents 4,193,000 956,000 1,655,000 1,186,000 689,000 464,000 2,842,000 19,890,000 3,637,000 20,871,000 24,671,000 25,268,000 27,294,000 27,773,000 24,908,000 25,576,000 24,744,000 26,025,000 4,418,000 5,245,000
Total Current Assets 19,582,000 20,098,000 22,628,000 22,794,000 25,563,000 25,726,000 27,874,000 28,604,000 29,719,000 29,250,000 30,235,000 31,095,000 31,655,000 31,957,000 28,451,000 29,513,000 30,607,000 31,428,000 32,567,000 33,592,000
Total Liabilities 1,533,000 1,412,000 2,952,000 2,036,000 2,499,000 2,188,000 3,195,000 2,840,000 3,114,000 2,253,000 5,639,000 5,912,000 6,645,000 6,759,000 3,153,000 3,191,000 3,423,000 3,133,000 3,287,000 3,457,000
Shares Outstanding 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652
Shares Outstanding Diluted n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a
Weighted Avg Shares Diluted 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,043,000 21,043,000 21,043,000 21,043,000 21,043,000 21,043,000 21,043,000 21,043,000
Weighted Avg Shares Basic 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,042,652 21,043,000 21,043,000 21,043,000 21,043,000 21,043,000 21,043,000 21,043,000 21,043,000
Audit Trail

NCAV Audit

Official-source inputs remain linked to filing provenance. Derived values are labeled as such.

Input Value Source concept Filing period Confidence Provenance
Current Assets 19,582,000USD us-gaap:AssetsCurrent 2025-12-31 1.00 sec/companyfacts/cik=0000032621/companyfacts.json
D:\Projects\The Data Vault\objects\sec\companyfacts\cik=0000032621\companyfacts.json
Total Liabilities 1,533,000USD us-gaap:Liabilities 2025-12-31 1.00 sec/companyfacts/cik=0000032621/companyfacts.json
D:\Projects\The Data Vault\objects\sec\companyfacts\cik=0000032621\companyfacts.json
Cash 4,193,000USD us-gaap:CashAndCashEquivalentsAtCarryingValue 2025-12-31 1.00 sec/companyfacts/cik=0000032621/companyfacts.json
D:\Projects\The Data Vault\objects\sec\companyfacts\cik=0000032621\companyfacts.json
Shares Outstanding 21,042,652 us-gaap:CommonStockSharesOutstanding 2025-12-31 1.00 sec/companyfacts/cik=0000032621/companyfacts.json
D:\Projects\The Data Vault\objects\sec\companyfacts\cik=0000032621\companyfacts.json
NCAV 18,049,000USD derived 2025-12-31 n/a company-evidence-v1 | total_current_assets - total_liabilities
NCAV per share 0.86USD derived 2025-12-31 n/a company-evidence-v1 | NCAV / shares_outstanding
Margin of Safety 59.2% derived 2025-12-31 n/a gnni_publication_pack | internal_discount

NCAV = total_current_assets - total_liabilities | NCAV per share = NCAV / shares_outstanding

Source Provenance

Data Source
Data Vault
Data Vault Root
D:\Projects\The Data Vault
CIK
0000032621
Company ID
n/a
Selected Annual Source
D:\Projects\The Data Vault\objects\sec\companyfacts\cik=0000032621\companyfacts.json
Selected Quarterly Source
D:\Projects\The Data Vault\objects\sec\companyfacts\cik=0000032621\companyfacts.json
Statement Extractor
companyfacts-screener-v1
View Extractor
companyfacts-screener-v1
Source Accession Count
25
Imported At
2026-07-04T23:04:34+00:00
Rendered At
2026-07-05T09:06:29+00:00

Run Audit

Mary Run
1ec055d81d1a42a39490a83bb9e1f22f
Mary As Of
2026-07-03
Accession
0001437749-26-004337
CIK
0000032621
Mary Filing Date
2026-02-17
Filing Currency
USD
Internal Discount
59.2%
Source State
Verified
Market Context
Not Displayed
Market Policy
internal_only_not_redistributed
Share Trend
Not Evaluated
Dilution
Needs Review

mary_run=1ec055d81d1a42a39490a83bb9e1f22f; mary_as_of=2026-07-03; mary_filing_date=2026-02-17; mary_accession=0001437749-26-004337; mary_cik=0000032621; gnni_supporting_filing_date=2026-02-17; internal_discount=0.591948; mary_reason=Mary's deterministic net-net screen flagged this candidate. The internal discount is shown; raw market-data fields are not published in this pilot.

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