Aterian, Inc. (ATER)

From the record

Aterian, Inc.'s filings since 2018 show 11 warning events of 4 kinds: a debt default or acceleration notice (8-K item 2.04, 4 times, the latest 2021-12-27); a notice about its exchange listing (8-K item 3.01, 4 times, the latest 2026-09-08); an auditor change (8-K item 4.01, 2 times, the latest 2026-10-05); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2021-05-11) (its current reports).

From the record

Aterian, Inc.'s 8 filed years say what it did: revenue went from $73 million in fiscal 2018 to $69 million in fiscal 2025, down 0.9% a year; it rose in 3 of 7 years; the deepest fall was 72% from fiscal 2021 to fiscal 2025; net income was positive in 0 of 8 of those years (its annual reports).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Aterian, Inc. lost about 125 cents for every dollar of shareholders' money, and gross profitability: its products earned about 132 cents per dollar of everything the company owns. Leverage: it owed about 49 cents per dollar of assets, and net share issuance: its share count grew 12.2% over the year (the filed statements).

From the record

Aterian, Inc.'s standing among 42 graded names in its industry family: revenue of $69 million in fiscal 2025 ranks in the bottom 18% by size; a net margin of -27.5% ranks in the bottom 20%; revenue growth of -32.2% a year over the last 3 filed years ranks in the bottom 4% (its annual reports).

From the record

Aterian, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Lazar, David E. (Chief Executive Officer, as filed), filing under that title since 2026-09-11, 2 months (bottom 2% of its family); the 9 officers and directors filing in the last fifteen months have been on the record a median of 2.4 years (bottom 5%); 11 officer or director changes were reported on Form 8-K since 2023-11-13, against the 9 people in charge now (bottom 8%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Aterian, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $5 million against no long-term debt tagged leaves 16.4% of its assets as net cash, top 26% of its family; cash from operations less capital spending is -15.9% of revenue (bottom 20%); a gross margin of 56.8% (top 4%) (its annual report).

From the record

Aterian, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -32.2% a year over the last three filed years against -0.9% over all 8, slowing (bottom 6% of its family); the newest year grew -30.4% (bottom 8%); capital spending grew -14.6% a year (bottom 29%) (its annual reports). Aterian, Inc. reported 8 product lines in fiscal 2025: Housewares at $15 million (22%), Heating Cooling and Air Quality at $14 million (20%), Essential Oils and Related Accessories at $12 million (18%), and 5 more; 0 of 8 grew against the year before (its annual report).

From the record

Aterian, Inc.'s newest year against its own record: revenue of $69 million in fiscal 2025 came in 4% above the $66 million its prior three years' pace pointed to (top 37% of its family); net income of $19 million against a prior three-year average of $94 million (top 30%); a net margin of -27.5% against -51% before (top 13%) (its annual reports).