Trex Wind-Down, Inc.
TMBRDelisted Nov 29, 2023- Industry
- Pharmaceutical Preparations
- SEC CIK
- 0001504167
Trex Wind-Down, Inc. was delisted on Nov 29, 2023; its insiders filed their last Form 4 on Aug 22, 2023; 11 institutions reported holding it in 13F filings for Q3 2023, worth $1.63M in total; no superinvestor held it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 1:21 PM ET
Revenue flow, FY2022
Where the revenue went in FY2022, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net loss for FY2022: $19.4M (23299.0% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Jan 31, 2020 | Jan 31, 2019 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 31, 2023 | – | Mar 23, 2021 | – | Mar 14, 2019 |
| Revenue | $83.2K | $886.5K | $453.8K | – | $57.0K |
| Cost of revenue | – | – | – | – | $83.0K |
| Gross profit | – | – | – | – | -$26.0K |
| Operating expenses | $19.3M | $11.5M | $20.7M | $9.69M | $16.5M |
| Research and development | $9.30M | $6.15M | $2.73M | $4.69M | $9.08M |
| Selling, general and administrative | $6.02M | $5.39M | $4.06M | $4.28M | $5.24M |
| Operating income | -$19.2M | -$10.7M | -$20.2M | -$9.69M | -$16.5M |
| Income tax | $7.60K | -$30.2K | $37.8K | $2.00K | $2.00K |
| Net income | -$19.4M | -$10.6M | -$15.1M | -$9.69M | -$17.3M |
| EPS, basic | $-9.19 | $-0.27 | – | – | – |
| EPS, diluted | $-9.19 | $-0.27 | – | – | – |
| Weighted shares, basic | 2.11M | 40.4M | – | – | – |
| Weighted shares, diluted | 2.11M | 40.4M | – | – | – |
| Margins and growth | |||||
| Gross margin | – | – | – | – | -45.6% |
| Operating margin | -23125.9% | -1201.3% | -4453.8% | – | -28957.9% |
| Net margin | -23299.0% | -1200.1% | -3331.3% | – | -30277.2% |
| Revenue growth, year over year | −90.6% | +95.4% | – | – | −21.9% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2022 | FY2021 | FY2020! | FY2019 | FY2018 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Jan 31, 2020 | Jan 31, 2019 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 31, 2023 | – | Mar 23, 2021 | – | Mar 14, 2019 |
| Cash and equivalents | $9.08M | $16.8M | $10.3M | $727.0K | $3.07M |
| Accounts receivable | – | – | – | – | $4.00K |
| Total current assets | $9.81M | $17.1M | $10.7M | $986.0K | $3.38M |
| Property, plant and equipment | $19.4K | $16.4K | – | $93.0K | $148.0K |
| Total assets | $10.3M | $17.9M | $11.6M | $2.13M | $3.65M |
| Accounts payable | $1.35M | $953.3K | $395.0K | $564.0K | $1.36M |
| Total current liabilities | $5.04M | $4.19M | $1.38M | $1.68M | $2.30M |
| Total liabilities | $5.04M | $4.63M | $2.11M | $2.47M | $2.36M |
| Shareholders' equity | $5.23M | $13.3M | $7.61M | -$339.0K | $1.30M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Jan 31, 2020 | Jan 31, 2019 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 31, 2023 | – | Mar 23, 2021 | – | Mar 14, 2019 |
| Operating cash flow | -$15.9M | -$9.31M | -$8.29M | -$10.1M | -$15.0M |
| Capital expenditures | $7.08K | $17.8K | – | $30.0K | $43.0K |
| Free cash flow | -$15.9M | -$9.33M | – | -$10.1M | -$15.0M |
| Stock-based compensation | $1.05M | $636.1K | $218.9K | $741.0K | $2.06M |
| Investing cash flow | -$7.08K | -$17.8K | -$2.66M | -$30.0K | -$43.0K |
| Financing cash flow | $8.13M | $15.8M | $21.2M | $7.79M | $10.5M |
| Net change in cash | – | – | – | – | -$4.51M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 1261.5% | 71.8% | 48.2% | – | 3615.8% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Aug 16, 2023 | 3.09M | −97.7% | SEC |
| May 11, 2023 | 3.04M | −95.2% | SEC |
| Mar 25, 2023 | 3.01M | −95.3% | SEC |
| Nov 9, 2022 | 2.97M | −95.3% | SEC |
| Aug 9, 2022 | 132.5M | +261.3% | SEC |
| May 6, 2022 | 63.7M | +72.8% | SEC |
| Mar 15, 2022 | 63.7M | +72.9% | SEC |
| Nov 10, 2021 | 63.8M | +430.2% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
- A column marked ! failed an accounting identity (gross profit = revenue − cost of revenue, or assets = liabilities + equity, within 1%). Its numbers are shown as filed.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.