Palomino Laboratories Inc.
PALX · Semiconductors & Related Devices · 23.2M shares · -45%/yr ↓ buyback · EDGAR filings ↗
Reference price $4.00 · est. market cap ~$93M — last insider purchase, 2026-04-20 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D40Micro-cap with deep losses and cash burn, very cash-rich.
Strengths
- Very cash-rich — current ratio 25.1 (99th)
Risks
- Deep losses — ROE -39% (10th), ROA -38% (8th)
- Negligible operating base — per 10-K
- Going-concern/execution risk — per 10-K
Notable findings
- Insider buyingInsider buying — 2 open-market buy(s) by 2 insider(s) (cluster of 2 insiders, ~$100,000, last 6mo) Form 4 ↗
- Buying back stockNet buyback — share count -45%/yr over 2y
- Pending mergerThe merger agreement contained customary representations and warranties and pre- and post-closing covenants of each party and customary closing conditions
Key metrics
Return on equity
-39.1%
Return on assets
-37.5%
Current ratio
25.1×
Tangible book value
$8M
Cash & investments
$8M
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-04-20 | Ogawa Richard | Buy | 12K | $4.00 |
| 2026-04-20 | Denbaars Steven | Buy | 12K | $4.00 |
| 2025-09-29 | Shealy Jeffrey B. | Other | 3.8M | — |
| 2025-09-29 | Denbaars Steven | Other | 1.6M | — |
| 2025-09-29 | Ogawa Richard | Other | 1.6M | — |
| 2025-09-29 | Tu Jason | Other | 83K | — |
| 2025-09-29 | Lucius Partners LLC | Other | 1.0M | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 10-Q | 2026-05-15 | 2026-03-31 | 0001493152-26-023678 ↗ |
| 8-K | 2026-05-05 | 2026-04-30 | 0001493152-26-021282 ↗ |
| 8-K | 2026-04-24 | 2026-04-20 | 0001493152-26-018963 ↗ |
| 8-K | 2026-04-09 | 2026-04-08 | 0001493152-26-015767 ↗ |
| 10-K | 2026-03-31 | 2025-12-31 | 0001493152-26-014270 ↗ |
| 10-Q | 2025-11-14 | 2025-09-30 | 0001493152-25-023285 ↗ |
| 8-K | 2025-10-30 | 2025-10-24 | 0001493152-25-020229 ↗ |
| 8-K | 2025-10-06 | 2025-06-30 | 0001493152-25-016939 ↗ |
| 10-Q | 2025-08-07 | 2025-06-30 | 0001213900-25-073079 ↗ |
| 10-Q | 2025-05-15 | 2025-03-31 | 0001213900-25-044348 ↗ |
| 10-K | 2025-03-28 | 2024-12-31 | 0001013762-25-004263 ↗ |
| 10-Q | 2024-11-14 | 2024-09-30 | 0001213900-24-098466 ↗ |