HEPA

Bearish signal

Factor checklist — research, not advice

A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.

Insider Supports a bullish reading. Open-market purchases outweigh sales
Congress Unavailable or mixed. No purchase disclosures in the stored window
Financial indicators Supports a bullish reading. Current ratio 10.25 · operating margin 0.0%
Narrative Pulls against a bullish reading. Stored narrative reading is in the bearish band
Timing Unavailable or mixed. No stored price series

ACHAT TOTAL: 6500000 titres (~390000 USD)

Insiders: Appajosyula SireeshPurcell Michael J.Stetz Gary S.Stetz Gary S. II
Total bought: $390,000
Avg buy (VWAP, 90d window) $0.06 vs last close —
Total sold: —
Avg sell (VWAP, 90d window) —
Last activity: 2026-08-03
Last synced: 2026-08-14 10:30:55

Insider holdings as a share of total assets aren't available for this company.

Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.

Recent Form 4

Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.

Date	Person	Side	Shares	Price	Value	Form 4
2026-08-03	Appajosyula Sireesh	Buy	2,000,000	$0.06	$120,000	Form 4
2026-08-03	Purcell Michael J.	Buy	2,000,000	$0.06	$120,000	Form 4
2026-08-03	Stetz Gary S.	Buy	2,000,000	$0.06	$120,000	Form 4
2026-08-03	Stetz Gary S. II	Buy	500,000	$0.06	$30,000	Form 4

Price (1 year)

Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.

Market snapshot

Signal

Bearish signalScored 2026-09-06

While the insider cluster buy on HEPA is a notable signal — with 6.5M shares accumulated and zero offsetting sales — the underlying fundamentals are critically impaired: zero revenue, persistent negative cash flows, and…

The first sentence of the analysis written for HEPA on 2026-09-06 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.

Financial ratios

Metric	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Gross Profit Margin	0.0%	0.0%	0.0%	0.0%	0.0%
Ebit Margin	0.0%	0.0%	0.0%	0.0%	0.0%
Ebitda Margin	0.0%	0.0%	0.0%	0.0%	0.0%
Operating Profit Margin	0.0%	0.0%	0.0%	0.0%	0.0%
Pretax Profit Margin	0.0%	0.0%	0.0%	0.0%	0.0%
Continuous Operations Profit Margin	0.0%	0.0%	0.0%	0.0%	0.0%
Net Profit Margin	0.0%	0.0%	0.0%	0.0%	0.0%
Bottom Line Profit Margin	0.0%	0.0%	0.0%	0.0%	0.0%
Current Ratio	10.254	0.513	3.306	7.164	11.875
Quick Ratio	10.254	0.513	3.306	7.164	11.875
Solvency Ratio	-20.495	-3.785	-4.518	-4.055	-3.091
Cash Ratio	6.106	0.129	2.795	6.491	11.131
Price To Earnings Ratio	-0.068	-0.219	-0.263	-0.505	-2.449
Price To Earnings Growth Ratio	0.001	0.003	-0.073	-0.018	0.031
Forward Price To Earnings Growth Ratio	0.001	0.003	-0.073	-0.018	0.031
Price To Earnings Diluted Ratio	-0.068	-0.219	-0.263	-0.505	-2.449
Price To Earnings Diluted Growth Ratio	0.001	0.003	-0.073	-0.018	0.031
Price To Book Ratio	0.212	-1.551	1.767	0.459	0.862
Price To Sales Ratio	0.000	0.000	0.000	0.000	0.000
Price To Free Cash Flow Ratio	-0.173	-0.159	-0.315	-0.654	-2.556
Price To Operating Cash Flow Ratio	-0.173	-0.159	-0.315	-0.655	-2.566
Debt To Assets Ratio	0.018	1.797	0.012	0.001	0.003
Debt To Equity Ratio	0.020	-1.556	0.029	0.001	0.003
Debt To Capital Ratio	0.020	2.797	0.028	0.001	0.003
Long Term Debt To Capital Ratio	0.000	0.000	0.000	0.000	0.000
Financial Leverage Ratio	1.151	-0.866	2.485	1.208	1.114
Working Capital Turnover Ratio	0.000	0.000	0.000	0.000	0.000
Operating Cash Flow Ratio	-10.928	-5.794	-7.729	-4.433	-3.805
Operating Cash Flow Sales Ratio	0.000	0.000	0.000	0.000	0.000
Free Cash Flow Operating Cash Flow Ratio	1.000	1.000	1.000	1.000	1.004
Debt Service Coverage Ratio	-47.535	-2.873	-5,161.061	-4,143.292	-3,682.948
Interest Coverage Ratio	-170.601	-15.511	-5,118.643	-4,475.475	-3,431.912
Short Term Operating Cash Flow Coverage Ratio	-60.510	-6.281	0.000	0.000	0.000
Operating Cash Flow Coverage Ratio	-60.510	-6.281	-195.622	-652.090	-98.502
Capital Expenditure Coverage Ratio	0.000	0.000	-2,858.562	-2,140.130	-239.442
Dividend Paid And Capex Coverage Ratio	0.000	0.000	-2,858.562	-2,140.130	-239.442
Dividend Payout Ratio	0.000	0.000	0.000	0.000	0.000
Enterprise Value Multiple	0.324	-0.362	0.035	0.628	0.334

Sparkline shows each ratio oldest → newest (left → right).

How the latest year compares

For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower

Metric	Current	vs 1Y ago	vs 5Y avg
Gross Profit Margin	0.0%	0.0%	0.0%
Ebit Margin	0.0%	0.0%	0.0%
Ebitda Margin	0.0%	0.0%	0.0%
Operating Profit Margin	0.0%	0.0%	0.0%
Pretax Profit Margin	0.0%	0.0%	0.0%
Continuous Operations Profit Margin	0.0%	0.0%	0.0%
Net Profit Margin	0.0%	0.0%	0.0%
Bottom Line Profit Margin	0.0%	0.0%	0.0%
Current Ratio	10.254	▲9.741	▲3.632
Quick Ratio	10.254	▲9.741	▲3.632
Solvency Ratio	-20.494	▼-16.709	▼-13.306
Cash Ratio	6.106	▲5.977	▲0.775
Price To Earnings Ratio	-0.068	▲0.151	▲0.633
Price To Earnings Growth Ratio	0.001	▼-0.002	▲0.012
Forward Price To Earnings Growth Ratio	0.001	▼-0.002	▲0.012
Price To Earnings Diluted Ratio	-0.068	▲0.151	▲0.633
Price To Earnings Diluted Growth Ratio	0.001	▼-0.002	▲0.012
Price To Book Ratio	0.212	▲1.762	▼-0.138
Price To Sales Ratio	0.000	0.000	0.000
Price To Free Cash Flow Ratio	-0.173	▼-0.014	▲0.599
Price To Operating Cash Flow Ratio	-0.173	▼-0.014	▲0.601
Debt To Assets Ratio	0.018	▼-1.780	▼-0.348
Debt To Equity Ratio	0.020	▲1.577	▲0.321
Debt To Capital Ratio	0.020	▼-2.778	▼-0.550
Long Term Debt To Capital Ratio	0.000	0.000	0.000
Financial Leverage Ratio	1.151	▲2.017	▲0.133
Working Capital Turnover Ratio	0.000	0.000	0.000
Operating Cash Flow Ratio	-10.928	▼-5.133	▼-4.390
Operating Cash Flow Sales Ratio	0.000	0.000	0.000
Free Cash Flow Operating Cash Flow Ratio	1.000	0.000	▼-0.001
Debt Service Coverage Ratio	-47.535	▼-44.663	▲2560.007
Interest Coverage Ratio	-170.601	▼-155.090	▲2471.827
Short Term Operating Cash Flow Coverage Ratio	-60.510	▼-54.228	▼-47.151
Operating Cash Flow Coverage Ratio	-60.510	▼-54.228	▲142.091
Capital Expenditure Coverage Ratio	0.000	0.000	▲1047.627
Dividend Paid And Capex Coverage Ratio	0.000	0.000	▲1047.627
Dividend Payout Ratio	0.000	0.000	0.000
Enterprise Value Multiple	0.324	▲0.686	▲0.132

Key metrics

Metric	2025	2024	2023	2022	2021
Market cap	$565K	$2.9M	$12.9M	$22.9M	$80.1M
Enterprise value	-$1.2M	$5.4M	-$1.7M	-$28.2M	-$10.9M
EV / Sales	0.00x	0.00x	0.00x	0.00x	0.00x
EV / Op. cash flow	0.37x	-0.29x	0.04x	0.81x	0.35x
EV / Free cash flow	0.37x	-0.29x	0.04x	0.81x	0.35x
EV / EBITDA	0.32x	-0.36x	0.04x	0.63x	0.33x
Net debt / EBITDA	0.48x	-0.17x	0.30x	1.14x	2.79x
Current ratio	10.25x	0.51x	3.31x	7.16x	11.88x
Income quality	0.40x	1.38x	0.84x	0.83x	0.95x
Graham net-net	$0	-$25	$50	$535	$1K
Tax burden	100.0%	81.6%	99.2%	93.6%	100.0%
Interest burden	220.1%	108.4%	100.0%	100.0%	100.0%
Working capital	$2.8M	-$1.5M	$12.2M	$48.6M	$89.2M
Invested capital	$2.8M	-$1.5M	$12.4M	$55.1M	$94.8M
Return on assets	-269.6%	-817.5%	-270.4%	-70.0%	-31.6%
Operating ROA	-177.8%	-196.3%	-123.7%	-55.5%	-40.0%
Return on tangible assets	-269.6%	-817.5%	-270.4%	-74.0%	-33.2%
Return on equity	-310.3%	708.0%	-672.0%	-84.6%	-35.2%
Return on invested capital	-147.4%	-1152.8%	-371.9%	-81.2%	-31.8%
Return on capital employed	-150.3%	1264.4%	-378.4%	-86.9%	-31.9%
Earnings yield	-1466.2%	-456.6%	-380.3%	-184.3%	-40.8%
Free cash flow yield	-579.5%	-630.5%	-317.9%	-152.8%	-39.1%
Capex / Op. cash flow	0.0%	0.0%	-0.0%	-0.0%	-0.4%
Capex / Depreciation	0.0%	0.0%	21.3%	21.1%	151.5%
Capex / Sales	0.0%	0.0%	0.0%	0.0%	0.0%
SG&A / Sales	0.0%	0.0%	0.0%	0.0%	0.0%
R&D / Sales	0.0%	0.0%	0.0%	0.0%	0.0%
Stock comp / Sales	0.0%	0.0%	0.0%	0.0%	0.0%
Intangibles / Total assets	0.0%	0.0%	0.0%	5.3%	4.9%
Days sales outstanding	0d	0d	0d	0d	0d
Days payables outstanding	0d	0d	0d	0d	0d
Operating cycle	0d	0d	0d	0d	0d
Cash conversion cycle	0d	0d	0d	0d	0d

Change by theme

Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.

Change over 1 year

Valuation

Market cap ▼-80.5%EV / Sales n/aEV / EBITDA ▲+189.6%EV / Op. cash flow ▲+0.665Earnings yield ▼-10.096

Profitability

Return on equity ▼-10.183Return on assets ▲+5.479Return on invested capital ▲+10.054Return on capital employed ▼-14.146Operating ROA ▲+0.185Income quality ▼-0.986Tax burden ▲+0.184

Efficiency

Days sales outstanding n/aDays payables outstanding n/aOperating cycle n/aCash conversion cycle n/aCapex / Sales n/aR&D / Sales n/a

Balance-sheet strength

Current ratio ▲+9.741Net debt / EBITDA ▲+0.643Working capital ▲+4300718.000Invested capital ▲+4300719.000Intangibles / Total assets n/a

Change over 5 years

Valuation

Market cap ▼-99.3%EV / Sales n/aEV / EBITDA ▼-2.9%EV / Op. cash flow ▲+0.021Earnings yield ▼-14.254

Profitability

Return on equity ▼-2.751Return on assets ▼-2.380Return on invested capital ▼-1.156Return on capital employed ▼-1.184Operating ROA ▼-1.378Income quality ▼-0.559Tax burden 0.000

Efficiency

Days sales outstanding n/aDays payables outstanding n/aOperating cycle n/aCash conversion cycle n/aCapex / Sales n/aR&D / Sales n/a

Balance-sheet strength

Current ratio ▼-1.621Net debt / EBITDA ▼-2.314Working capital ▼-86474803.000Invested capital ▼-91992188.000Intangibles / Total assets ▼-0.049

Employee count

Peer market caps

Congressional trades

STOCK Act disclosures (90-day window)

Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.

No STOCK Act disclosures for this company in this window.