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AURX CYTOMEDIX INC

Bankruptcy 2016-02-01
Peak Score
66.3
top 52% of tracked companies
control ceiling: 51.5 · methodology ↗
score IQR: 10.2–61.6
last flagged: 2015-03-31
latest filing: 2015-03-31
z-score vs own history: 0.8σ
latest score percentile: 89.8th

Phrase Escalation Score Over Time

Overlays:
Score (left axis)

Filing Pair Breakdown

Annual (10-K) and quarterly (10-Q) pairs combined · click any row to expand signals.

10-K 2014-03 → 2015-03 Pre-event
RF: 10131→11504w (13.6%)
53.9
Most Anomalous Sentences semantic score: 6.784
"We May Need Substantial Additional Financing We will need substantial additional capital to fund our operations."
distress relevance: 0.85 market specificity: 1.00 score: 0.847 risk_factors
anchor: we may need to raise additional capital to fund operations
"Additionally, any such financing, if at all obtained, may not be adequate to meet our capital needs and to support our operations."
distress relevance: 0.69 market specificity: 1.00 score: 0.686 risk_factors
anchor: we may need to raise additional capital to fund operations
"We may not be able to obtain any such additional capital as we need to finance our efforts, through asset sales, equity or debt financing, or any combination thereof, on satisfactory terms or at all."
distress relevance: 0.68 market specificity: 1.00 score: 0.678 risk_factors
anchor: we may need to raise additional capital to fund operations
"Based on our current operating plan, we would anticipate needing additional capital in early 2016."
distress relevance: 0.65 market specificity: 1.00 score: 0.652 risk_factors
anchor: we may need to raise additional capital to fund operations
"If we continue to incur negative cash flow from sources of operating activities for longer than expected, our ability to continue as a going concern could be in substantial doubt and we will require additional funds through debt facilities, and/or public or private equity or debt financings to continue operations."
distress relevance: 0.65 market specificity: 1.00 score: 0.648 mda
anchor: our cash reserves may be insufficient to fund operations
10-K 2013-03 → 2014-03 Pre-event
RF: 10105→10131w (0.3%)
61.6
Most Anomalous Sentences semantic score: 1.8
"If we continue to incur negative cash flow from sources of operating activities for longer than expected, our ability to continue as a going concern could be in substantial doubt and we will require additional funds through debt facilities, and/or public or private equity or debt financings to continue operations."
distress relevance: 0.65 market specificity: 1.00 score: 0.648 mda
anchor: our cash reserves may be insufficient to fund operations
"We believe that our current resources will be sufficient to fund our operations beyond 2014."
distress relevance: 0.59 market specificity: 1.00 score: 0.590 mda
anchor: we may need to raise additional capital to fund operations
"For the year ended December 31, 2013, we have incurred a net loss from operations of approximately $20.2 million and an accumulated deficit at December 31, 2013 of $91.2 million."
distress relevance: 0.55 market specificity: 1.00 score: 0.554 mda
anchor: significant unrealized losses that would be realized if we sold securities
"Liquidity and Capital Resources Since inception we have incurred, and continue to incur significant losses from operations."
distress relevance: 0.55 market specificity: 1.00 score: 0.548 mda
anchor: significant unrealized losses that would be realized if we sold securities
"We cannot provide any assurance that we will be able to obtain the capital we require on a timely basis or on terms acceptable to us."
distress relevance: 0.54 market specificity: 1.00 score: 0.539 mda
anchor: we may not have sufficient liquidity to meet our obligations
10-K 2012-03 → 2013-03 Pre-event
RF: 6293→10105w (+60.6%)
6.2
Most Anomalous Sentences semantic score: 7.038
"We May Need Substantial Additional Financing, Which May Be Provided By Amounts Raised Under Existing Financing Agreements We may need substantial additional capital to fund our operations."
distress relevance: 0.78 market specificity: 1.00 score: 0.782 risk_factors
anchor: we may need to raise additional capital to fund operations
"We would likely raise such additional capital through the issuance of our equity or equity-linked securities, which may result in significant additional dilution to our investors."
distress relevance: 0.74 market specificity: 1.00 score: 0.737 mda
anchor: we may need to raise additional capital to fund operations
"Our current technology and products are subject to extensive regulation by numerous governmental authorities in the United States, both federal and state, and in foreign countries by various regulatory agencies."
distress relevance: 0.62 market specificity: 1.00 score: 0.621 risk_factors
anchor: we are subject to formal regulatory enforcement action
"We May Not Be Able to Comply with the Debt Service and Loan Covenant Requirements of the MidCap Credit and Security Agreement Which Could Place the Business Assets of the Company in Jeopardy The MidCap Credit and Security Agreement requires monthly interest payments and compliance with certain covenants, including achieving revenue milestones and future capital infusions (either from the issuance "
distress relevance: 0.62 market specificity: 1.00 score: 0.620 risk_factors
anchor: our debt covenants restrict our ability to operate
"If we fail to develop these improvements, we could face significantly higher capital expenditures than we anticipate, increased facility and personnel costs and other increased operating expenses."
distress relevance: 0.62 market specificity: 1.00 score: 0.617 risk_factors
anchor: we may need to raise additional capital to fund operations
10-K 2011-03 → 2012-03 Pre-event
RF: 6830→6293w (-7.9%)
14.7
Most Anomalous Sentences semantic score: 6.781
"We would likely raise such additional capital through the issuance of our equity or equity-linked securities, which may result in significant additional dilution to our investors."
distress relevance: 0.74 market specificity: 1.00 score: 0.737 mda
anchor: we may need to raise additional capital to fund operations
"In addition, in connection with the foregoing restatements, the Company determined that there was a control deficiency in its internal control that constituted a material weakness."
distress relevance: 0.68 market specificity: 1.00 score: 0.675 risk_factors
anchor: we identified a material weakness in our internal controls
"This would limit or perhaps prevent our ability to raise capital through the sale of securities."
distress relevance: 0.67 market specificity: 1.00 score: 0.671 risk_factors
anchor: we may need to raise additional capital to fund operations
"However, we will require additional capital to finance the further development of our business operations, in particular the completion of the Phase II RECOVER-Stroke trial, beyond that point."
distress relevance: 0.67 market specificity: 1.00 score: 0.666 mda
anchor: we may need to raise additional capital to fund operations
"We Need Substantial Additional Financing, Which May Be Provided By Amounts Raised Under an Existing Financing Agreement."
distress relevance: 0.65 market specificity: 1.00 score: 0.646 risk_factors
anchor: we may need to raise additional capital to fund operations
10-K 2010-03 → 2011-03 Pre-event
RF: 4726→6830w (+44.5%)
66.3
Most Anomalous Sentences semantic score: 6.735
"However, there is substantial doubt about our ability to continue as a going concern."
distress relevance: 0.93 market specificity: 1.00 score: 0.931 risk_factors
anchor: substantial doubt about our ability to continue as a going concern
"We would likely raise such additional capital through the issuance of our equity securities, which may result in significant dilution to our investors."
distress relevance: 0.74 market specificity: 1.00 score: 0.742 mda
anchor: we may need to raise additional capital to fund operations
"In addition, in connection with the foregoing restatements, the Company determined that there was a control deficiency in its internal control that constituted a material weakness."
distress relevance: 0.68 market specificity: 1.00 score: 0.675 risk_factors
anchor: we identified a material weakness in our internal controls
"This would limit or perhaps prevent our ability to raise capital through the sale of securities."
distress relevance: 0.67 market specificity: 1.00 score: 0.671 risk_factors
anchor: we may need to raise additional capital to fund operations
"We are also exploring potential strategic partnerships, which could provide a capital infusion to the Company."
distress relevance: 0.66 market specificity: 1.00 score: 0.656 mda
anchor: we may need to raise additional capital to fund operations
10-K 2009-03 → 2010-03 Pre-event
RF: 4934→4726w (-4.2%)
3.2
Most Anomalous Sentences semantic score: 6.494
"However, there is substantial doubt about the Company’s ability to continue as a going concern."
distress relevance: 0.72 market specificity: 1.00 score: 0.717 risk_factors
anchor: substantial doubt about our ability to continue as a going concern
"We will seek to raise capital through the issuance of our equity securities, though this may result in significant dilution to our existing investors."
distress relevance: 0.72 market specificity: 1.00 score: 0.716 mda
anchor: we may need to raise additional capital to fund operations
"There exists substantial doubt that the Company will continue as a going concern."
distress relevance: 0.67 market specificity: 1.00 score: 0.666 mda
anchor: substantial doubt about our ability to continue as a going concern
"There is Substantial Doubt As to the Company’s Ability to Continue As a Going Concern The Company has suffered recurring losses from operations and has insufficient liquidity to fund its ongoing operations that raise substantial doubt about its ability to continue as a going concern."
distress relevance: 0.66 market specificity: 1.00 score: 0.659 risk_factors
anchor: ability to continue as a going concern is uncertain
"We believe that we have adequate cash to fund operations through the second quarter of 2010."
distress relevance: 0.64 market specificity: 1.00 score: 0.641 mda
anchor: our cash reserves may be insufficient to fund operations
10-K 2008-03 → 2009-03 Pre-event
RF: 3239→4934w (+52.3%)
56.4
Most Anomalous Sentences semantic score: 5.851
"However, there is substantial doubt about the Company’s ability to continue as a going concern."
distress relevance: 0.72 market specificity: 1.00 score: 0.717 risk_factors
anchor: substantial doubt about our ability to continue as a going concern
"There is Substantial Doubt As to the Company’s Ability to Continue As a Going Concern The Company has suffered recurring losses from operations and has insufficient liquidity to fund its ongoing operations that raise substantial doubt about its ability to continue as a going concern."
distress relevance: 0.66 market specificity: 1.00 score: 0.659 risk_factors
anchor: ability to continue as a going concern is uncertain
"The Company may also consider raising capital through the issuance of its equity securities, though this may result in significant dilution to its investors."
distress relevance: 0.63 market specificity: 1.00 score: 0.629 mda
anchor: we may need to raise additional capital to fund operations
"These cash outflows have remained fairly stable over the past several quarters."
distress relevance: 0.62 market specificity: 1.00 score: 0.619 mda
anchor: we are experiencing significant cash outflows
"The impairment charge was due to the reduced value of the Company’s intellectual property as a result of its negative cash flows and the substantial doubt as to its ability to continue as a going concern."
distress relevance: 0.59 market specificity: 1.00 score: 0.588 mda
anchor: material impairment charges on our investment portfolio
10-K 2007-02 → 2008-03 Pre-event
RF: 20218→3239w (-84.0%)
10.2
Most Anomalous Sentences semantic score: 5.117
"These cash outflows have remained fairly stable over the past several quarters."
distress relevance: 0.62 market specificity: 1.00 score: 0.619 mda
anchor: we are experiencing significant cash outflows
"The Company believes that it will have adequate cash on hand to fund operations for the next twelve months, based on the current level of licensing revenues and operating expenditures."
distress relevance: 0.61 market specificity: 1.00 score: 0.613 mda
anchor: our cash reserves may be insufficient to fund operations
"Specifically, the Company’s devices are subject to regulation by the FDA and state regulatory agencies."
distress relevance: 0.59 market specificity: 1.00 score: 0.587 risk_factors
anchor: we are subject to formal regulatory enforcement action
"This would limit or perhaps prevent the Company’s ability to raise capital through the sale of securities."
distress relevance: 0.58 market specificity: 1.00 score: 0.584 risk_factors
anchor: we may need to raise additional capital to fund operations
"However, additional cash may be required if operating revenues do not materialize or the cost of operations increases."
distress relevance: 0.58 market specificity: 1.00 score: 0.579 mda
anchor: our cash reserves may be insufficient to fund operations

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