Loan Artificial Intelligence Corp.

VESTdata completeness 88%4 fiscal years on file

Data notes: no data for concept 'totalDebt'; no data for concept 'interestExpense'

i. The business — what you’d actually own

Figure	FY 2022	FY 2023	FY 2024	FY 2025
Revenue	$0¹	$0²	$0³	$0³
Net income	$2.12M⁴	−$48,929⁵	−$52,675⁶	−$79,336⁶
Operating cash flow	−$8,766⁷	−$40,328⁸	−$30,683⁹	−$52,611⁹
Capital expenditure	—	—	$0¹⁰	$0¹⁰
Free cash flow (derived)	—	—	−$30,683⁹	−$52,611⁹
Total debt	—	—	—	—
Cash & equivalents	$754¹¹	$0¹²	$0¹²	$0¹²
Diluted shares	57.1M	166.4M	454,365	454,365

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).

ii. Your slice — ownership made literal

If you owned

Net assets behind them

−$4.18

your share of equity

Profit it earned you last year

−$1.75

Free cash flow it threw off

−$1.16

Debt you’d be carrying

—

10 shares is a claim on −$4.18 of net worth that earned you −$1.75 and generated −$1.16 of cash last year.

iii. Is this a good business?

Moat signal · return on equity

— avg · 4y

Not enough data in the filings for a return-on-capital reading.

Management signal · capital allocation

−99% shares · 4y

Share count is down 99% over 4 years — management has been buying back stock, quietly handing owners a bigger slice.

Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.

iv. What it’s worth — engine v0.1.0

DCF · Growth Exit 10Y

not applicable

only 2 years of FCF (need ≥3) — model not applicable

DCF · Growth Exit 5Y

not applicable

only 2 years of FCF (need ≥3) — model not applicable

Earnings Power Value

not applicable

normalized (5y-median) earnings non-positive — EPV undefined

Graham Number

not applicable

diluted EPS missing or non-positive — Graham Number undefined

Different models answer different questions — which to trust when →

Sources — the receipts