Issue 005 | U.S. Pilot | US

ASNS

ACTELIS NETWORKS INC

Screen state: Passing Source state: Verified 10-Q | 2026-05-14 Filing currency: USD

Open Filing Back to Register Report a correction

Internal NCAV Discount 83.3%

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

Current Assets: 11,450,000USD
Total Liabilities: 4,517,000USD
NCAV: 6,933,000USD
Cash: 7,546,000USD
NCAV per share: 0.27USD/share
Evidence: 4 annual | 19 quarterly

Mary filing review

Financial Statement Evidence

Deterministic observations from the frozen Mary Reason Card. They annotate filing evidence and do not determine screen inclusion.

Evaluated: 12
Triggered: 2
Unavailable: 7

Requires inspection Negative OCF -1,902,000

Latest: -1,902,0002026-03-31
Comparison: n/a
Change: n/a

Basis: latest reporting-period cash from operations < 0

Source periods: SEC 10-Q 2026-03-31 · 0001213900-26-056772

Supporting observation Current Ratio > 1.5 4.38

Latest: 4.382026-03-31
Comparison: 1.5
Change: n/a

Basis: current assets / current liabilities; strong if > 1.5

Source periods: SEC 10-Q 2026-03-31 · 0001213900-26-056772

7 unavailable checks — inspect missing inputs

High Debt (short-term debt + long-term debt) / ordinary equity >= 50%

Low Debt (short-term debt + long-term debt) / ordinary equity < 20%

Material 1Y Share Increase 1Y share change >= +2% using the same share-count source

NCAV Growing equivalent prior-year NCAV change >= +2%; both NCAV values must be positive

No Material 1Y Share Increase 1Y share change > -2% and <= +1% using the same share-count source

Non-Positive Equity ordinary shareholders equity <= 0

Share Count Reduced 1Y share change <= -2% using the same share-count source

Business Profile

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

business_profile_v1

Business profile: 0 of 12 fields established by the current extractor.

Business Profile Field Details

Business Description

Missing Source

Not established by the current extractor from the selected filing context.

Revenue Model

Missing Source

Not established by the current extractor from the selected filing context.

Customers And Channels

Missing Source

Not established by the current extractor from the selected filing context.

Segments And Geography

Missing Source

Not established by the current extractor from the selected filing context.

Tangible Operations Assets

Missing Source

Not established by the current extractor from the selected filing context.

Value Chain

Missing Source

Not established by the current extractor from the selected filing context.

Competition Positioning

Missing Source

Not established by the current extractor from the selected filing context.

Business Lifecycle Cyclicality

Missing Source

Not established by the current extractor from the selected filing context.

Strategy And Capital Allocation

Missing Source

Not established by the current extractor from the selected filing context.

Management Governance Signals

Missing Source

Not established by the current extractor from the selected filing context.

Disclosed Risks

Missing Source

Not established by the current extractor from the selected filing context.

Known Unknowns

Missing Source

Not established by the current extractor from the selected filing context.

Business Profile Sources

Source	Filing	Date	Type	Status	Provenance
S1	0001213900-26-056772	2026-05-14	10-Q	Verified	Data Vault \| sec/cleaned/cik=0001141284/accession=0001213900-26-056772/parser=html-cleaner-v1/full.txt

Historical values can be viewed as reported in each filing or normalized to the latest verified split basis. These are measurement aids, not conclusions about a company.

Policy: normalize_to_latest_verified_split_basis | quality: verified

Display basis Normalized to latest verified split basis As reported in each filing

Metric	2026-03-31 10-Q Open filing	2025-12-31 10-K Open filing	2025-09-30 10-Q Open filing	2025-06-30 10-Q Open filing	2025-03-31 10-Q Open filing	2024-12-31 10-K Open filing	2024-09-30 10-Q Open filing	2024-06-30 10-Q Open filing	2024-03-31 10-Q Open filing	2023-12-31 10-K Open filing	2023-09-30 10-Q Open filing	2023-06-30 10-Q Open filing	2023-03-31 10-Q Open filing	2022-12-31 10-K Open filing	2022-09-30 10-Q Open filing	2022-06-30 10-Q Open filing	2022-03-31 10-Q Open filing
Period-end Shares Outstanding	24,049,98524,049,985	805,8398,058,392	1,746,73517,467,350	954,0229,540,221	901,9769,019,758	762,3167,623,159	625,4666,254,664	501,7325,017,322	301,0243,010,244	300,7743,007,745	269,4182,694,179	193,0721,930,718	173,0071,730,066	173,79917,379,861	173,17617,317,572	173,17617,317,572	20,6592,065,864
Weighted-average Basic Shares	15,579,52715,579,527	145,4781,454,785	982,4879,824,867	883,7448,837,441	852,0118,520,110	514,6055,146,049	442,9744,429,738	400,0994,000,994	397,8833,978,828	241,2722,412,717	268,5632,685,626	233,3382,333,381	173,4161,734,160	116,21211,621,238	173,17517,317,532	95,2279,522,719	20,5212,052,134
Weighted-average Diluted Shares	n/an/a	n/an/a	n/an/a	n/an/a	n/an/a	n/an/a	n/an/a	203,3752,033,747	173,4161,734,160	116,2121,162,124	173,1751,731,753	203,3752,033,747	173,4161,734,160	116,21211,621,238	173,17517,317,532	20,4762,047,641	n/an/a
Basic EPS	-0-0	-6-6	-1-1	-0-0	-0-0	-1-1	-1-1	-1-1	-0-0	-3-3	-2-2	-2-2	-1-1	-1-1	-1-1	-1-1	-2-2
Diluted EPS	-0-0	-6-6	-1-1	-0-0	-0-0	-1-1	-1-1	-1-1	-0-0	-3-3	-2-2	-2-2	-1-1	-1-1	-1-1	-1-1	-23-23
Basic-to-Diluted Share Difference	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	-49.2%	-56.4%	-51.8%	-35.5%	-12.8%	0.0%	0.0%	0.0%	-78.5%	Insufficient evidence
Net Share Count Change	2884.5%	-53.9%	83.1%	5.8%	18.3%	21.9%	24.7%	66.7%	0.1%	11.6%	39.5%	11.6%	-0.5%	0.4%	0.0%	738.3%	Insufficient evidence
Ownership Claim Change	-96.6%	116.8%	-45.4%	-5.5%	-15.5%	-18.0%	-19.8%	-40.0%	-0.1%	-10.4%	-28.3%	-10.4%	0.5%	-0.4%	0.0%	-88.1%	Insufficient evidence

Verified split events: reverse 10.0 on 2023-04-19; reverse 10.0 on 2026-04-13

Known Unknowns

Only 19 quarterly periods available from Data Vault for this company.

Medium | Share Count

The current U.S. Pilot does not yet evaluate share-count trends 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	2025-12-31 10-K USD	2024-12-31 10-K USD	2023-12-31 10-K USD	2022-12-31 10-K USD
Revenue	3,671,000	7,760,000	5,606,000	8,831,000
Operating Income	-7,185,000	-3,758,000	-7,363,000	-6,101,000
Net Income	-8,261,000	-4,374,000	-6,286,000	-10,982,000
Cash From Operations	-7,691,000	-6,549,000	-6,577,000	-7,768,000
Capex	-9,000	-1,000	-9,000	n/a
Free Cash Flow	-7,700,000	-6,550,000	-6,586,000	n/a
Cash And Equivalents	4,057,000	1,967,000	620,000	3,943,000
Accounts Receivable	1,058,000	1,616,000	664,000	3,034,000
Inventory	2,461,000	2,436,000	2,526,000	1,179,000
Total Current Assets	8,591,000	6,903,000	5,912,000	10,907,000
Total Assets	9,530,000	8,225,000	11,223,000	14,819,000
Total Current Liabilities	3,492,000	4,583,000	6,912,000	6,202,000
Total Liabilities	4,733,000	5,240,000	10,835,000	11,554,000
Shareholders Equity	4,797,000	2,757,000	229,000	3,265,000
Shares Outstanding	2,672,576	851,318	302,027	174,076
Shares Outstanding Diluted	n/a	n/a	n/a	n/a
Weighted Avg Shares Diluted	145,478	514,605	241,272	116,212
Weighted Avg Shares Basic	145,478	514,605	241,272	116,212
Net Share Count Change (Normalized)	-53.9%	21.9%	11.6%	0.4%
Ownership Claim Change (Normalized)	116.8%	-18.0%	-10.4%	-0.4%

Quarterly Financials

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

Only 19 quarterly periods available from Data Vault for this company.

Metric	2026-03-31 10-Q USD	2025-12-31 10-K USD	2025-12-31 10-K USD	2025-09-30 10-Q USD	2025-06-30 10-Q USD	2025-03-31 10-Q USD	2024-12-31 10-K USD	2024-09-30 10-Q USD	2024-06-30 10-Q USD	2024-03-31 10-Q USD	2023-12-31 10-K USD	2023-09-30 10-Q USD	2023-06-30 10-Q USD	2023-03-31 10-Q USD	2022-12-31 10-K USD	2022-12-31 10-K USD	2022-09-30 10-Q USD	2022-06-30 10-Q USD	2022-03-31 10-Q USD
Revenue	958,000	1,366,000	1,366,000	643,000	941,000	721,000	1,062,000	2,541,000	3,431,000	726,000	1,017,000	845,000	1,896,000	1,848,000	2,534,000	2,534,000	1,348,000	3,081,000	1,868,000
Operating Income	-1,863,000	-1,671,000	-1,671,000	-1,929,000	-1,773,000	-1,812,000	-1,636,000	-317,000	66,000	-1,871,000	-1,655,000	-2,127,000	-1,718,000	-1,863,000	-2,004,000	-2,004,000	-2,006,000	-658,000	-1,433,000
Net Income	-2,456,000	-2,520,000	-2,520,000	-1,980,000	-1,901,000	-1,860,000	-1,799,000	-511,000	-78,000	-1,986,000	-1,931,000	-867,000	-1,593,000	-1,895,000	-2,482,000	-2,482,000	-2,207,000	-1,654,000	-4,639,000
Cash From Operations	-1,902,000	-2,054,000	-2,054,000	-2,419,000	-1,044,000	-2,174,000	-1,768,000	-2,438,000	-2,140,000	-203,000	-1,383,000	-2,255,000	-1,234,000	-1,705,000	-1,992,000	-1,992,000	-1,994,000	-2,475,000	-1,307,000
Capex	-45,000	n/a	n/a	n/a	n/a	n/a	0	0	0	-1,000	-3,000	-3,000	0	-3,000	n/a	n/a	-18,000	-1,000	-15,000
Free Cash Flow	-1,947,000	n/a	n/a	n/a	n/a	n/a	-1,768,000	-2,438,000	-2,140,000	-204,000	-1,386,000	-2,258,000	-1,234,000	-1,708,000	n/a	n/a	-2,012,000	-2,476,000	-1,322,000
Cash And Equivalents	7,546,000	4,057,000	4,057,000	1,454,000	393,000	1,122,000	1,967,000	2,241,000	2,412,000	1,211,000	620,000	682,000	2,573,000	808,000	3,943,000	3,943,000	10,206,000	12,286,000	344,000
Total Current Assets	11,450,000	8,591,000	8,591,000	5,921,000	4,828,000	5,847,000	6,903,000	7,222,000	6,541,000	6,190,000	5,912,000	5,415,000	7,873,000	6,558,000	10,907,000	10,907,000	14,745,000	18,277,000	3,916,000
Total Liabilities	4,517,000	4,733,000	4,733,000	3,967,000	4,730,000	4,301,000	5,240,000	5,689,000	7,220,000	12,025,000	10,835,000	10,216,000	12,185,000	10,586,000	11,554,000	11,554,000	10,762,000	11,802,000	23,964,000
Shares Outstanding	25,794,169	8,058,392	805,839	1,747,786	1,129,211	902,885	851,318	625,372	601,633	335,446	302,027	271,644	270,782	194,232	17,379,861	174,076	173,176	173,176	173,453
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
Weighted Avg Shares Diluted	15,579,527	1,454,785	1,454,785	1,178,762	914,412	852,011	631,080	601,455	425,767	397,883	288,209	268,563	233,338	173,416	11,621,238	173,617	173,175	95,222	20,521
Weighted Avg Shares Basic	15,579,527	1,454,785	1,454,785	1,178,762	914,412	852,011	631,080	601,455	425,767	397,883	288,209	268,563	233,338	173,416	11,621,238	173,617	173,175	95,222	20,521
Net Share Count Change (Normalized)	2884.5%	-53.9%	-53.9%	83.1%	5.8%	18.3%	21.9%	24.7%	66.7%	0.1%	11.6%	39.5%	11.6%	-0.5%	0.4%	0.4%	0.0%	738.3%	Insufficient evidence
Ownership Claim Change (Normalized)	-96.6%	116.8%	116.8%	-45.4%	-5.5%	-15.5%	-18.0%	-19.8%	-40.0%	-0.1%	-10.4%	-28.3%	-10.4%	0.5%	-0.4%	-0.4%	0.0%	-88.1%	Insufficient evidence

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	11,450,000USD	us-gaap:AssetsCurrent	2026-03-31	1.00	Data Vault \| sec/companyfacts/cik=0001141284/companyfacts.json Data Vault \| sec/companyfacts/cik=0001141284/companyfacts.json
Total Liabilities	4,517,000USD	us-gaap:Liabilities	2026-03-31	1.00	Data Vault \| sec/companyfacts/cik=0001141284/companyfacts.json Data Vault \| sec/companyfacts/cik=0001141284/companyfacts.json
Cash	7,546,000USD	us-gaap:CashAndCashEquivalentsAtCarryingValue	2026-03-31	1.00	Data Vault \| sec/companyfacts/cik=0001141284/companyfacts.json Data Vault \| sec/companyfacts/cik=0001141284/companyfacts.json
Shares Outstanding	25,794,169	dei:EntityCommonStockSharesOutstanding	2026-03-31	1.00	Data Vault \| sec/companyfacts/cik=0001141284/companyfacts.json Data Vault \| sec/companyfacts/cik=0001141284/companyfacts.json
NCAV	6,933,000USD	derived	2026-03-31	n/a	company-evidence-v1 \| total_current_assets - total_liabilities
NCAV per share	0.27USD	derived	2026-03-31	n/a	company-evidence-v1 \| NCAV / shares_outstanding
Internal NCAV Discount	83.3%	derived	2026-03-31	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: Local evidence | The Data Vault
CIK: 0001141284
Company ID: n/a
Selected Annual Source: Data Vault | sec/companyfacts/cik=0001141284/companyfacts.json
Selected Quarterly Source: Data Vault | sec/companyfacts/cik=0001141284/companyfacts.json
Statement Extractor: companyfacts-screener-v1
View Extractor: companyfacts-screener-v1
Source Accession Count: 18
Imported At: 2026-08-15T12:51:37+00:00
Rendered At: 2026-08-16T03:30:00+00:00

Run Audit

Mary Run: 062cd84c6cec4533b9bb580392e1f3bf
Mary As Of: 2026-08-07
Accession: 0001213900-26-056772
CIK: 0001141284
Mary Filing Date: 2026-05-14
Filing Currency: USD
Internal Discount: 83.3%
Source State: Verified
Market Context: Not Displayed
Market Policy: internal_only_not_redistributed
Share Trend: Not Evaluated
Dilution: Needs Review

mary_run=062cd84c6cec4533b9bb580392e1f3bf; mary_as_of=2026-08-07; mary_filing_date=2026-05-14; mary_accession=0001213900-26-056772; mary_cik=0001141284; gnni_supporting_filing_date=2026-05-14; internal_discount=0.833492; 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.

Back to Register Report a correction Archive