Positive context积极背景
Stocks股票 / Industrials / SPIR
$10.98
+$0.09 · +0.83%
52w low52周低 $6.57high高 $26.67
Avoid — downtrend回避 — 下行趋势
Downtrend — stand aside until a new cycle low forms and confirms.下跌趋势——观望，直至新的周期低点形成并确认。
As of 2026-10-07截至 2026-10-07
Company intelligence公司情报
The latest call, in context把最新财报放回历史脉络
A synthesized event record across management commentary and recorded metrics. Read as context; verify exact wording in the transcript before relying.综合管理层表述与记录指标形成事件档案。仅供参考；使用前请在电话会原文中核对准确措辞。
Live company record实时公司记录
JavaScript loads the source-bounded event record here. Open Terminal if the live module does not start.JavaScript 会在此加载受来源约束的事件记录。如实时模块未启动，请打开终端。
Continue with full transcript history继续查看完整电话会历史 ↗Pressure context压力背景
History mode历史模式
Context only仅供参考 · not a signal or recommendation不构成信号或建议
Narrative claims may await line-level citation; verify in the transcript.叙述性内容可能仍待逐行引用，请在电话会原文中核对。
Price chart价格图表
daily · interactive日线 · 可交互
Open in Terminal打开终端 ↗
Loading chart…图表加载中…
The interactive chart could not load here.互动图表暂时无法在此加载。
Open the live chart in Terminal在终端中打开实时图表 ↗
Candles, volume and moving averages — pan and zoom inside the chart.蜡烛图、成交量与均线 — 图内可缩放拖动。
MMastermind Terminal — live & interactiveMastermind 终端 — 实时互动 ↗
Technicals技术面
daily bars日线数据 · 2026-10-07
Momentum (RSI 14)动量（RSI 14）
38
Depressed偏低
vs 50-day average相对50日均线
-12.0% below下方
Below trend跌破趋势
vs 200-day average相对200日均线
-20.2% below下方
Long trend down长期向下
Volatility波动率
2th percentile第2百分位
These readings feed the stance at the top — one source per number, refreshed nightly.以上读数构成页首的引擎立场 — 每个数字只有一个来源，每晚更新。
Earnings财务业绩
Post-earnings drift: -16.5% (20d)财报后漂移：-16.5%（20日）
Financials财务数据
fiscal years财年Revenue营业收入
$71.6M2025
20202025
Earnings per share每股收益
$1.492025
20202025
Free cash flow自由现金流
-$92.6M2025
20202025
Gross margin毛利率
40.8%
Operating margin营业利润率
-134.1%
Net margin净利率
71.7%
FCF margin自由现金流利润率
-83.6%
Balance-sheet quality财务体质 5/8
Return on equity股本回报率 45%
Watch关注
Leverage杠杆
Current ratio流动比率1.30
Debt coming due到期债务
FY2024 10-K/AIn the 12-month bucket following fiscal period end 2024-12-31, it reported $98.4M due — about 96% of its disclosed principal.在财年期末 2024-12-31 之后12个月的区间内，已披露到期本金为 $98.4M，约占其披露本金的 96%。
All maturity buckets are measured from fiscal period end 2024-12-31, not from today.所有到期区间均从财年期末 2024-12-31 起算，而非从今天起算。
First 12 months after period end报告期末之后首12个月
$98.4M
Year 2第2年
$308.0K
Year 3第3年
$308.0K
Year 4第4年
$308.0K
Year 5第5年
$308.0K
After year 55年以后
$3.4M
Cash reported at 2025-12-31: $24813000.截至 2025-12-31 披露的现金：$24813000。 At the cash-burn pace reported over 2025-01-01 to 2025-12-31, that cash represented about 3.2 months. This scenario excludes debt payments and future financing.按 2025-01-01 至 2025-12-31 期间披露的现金消耗速度，该现金约对应 3.2 个月。此情景不包括债务偿还与未来融资。
Capital-need coverage is partial; incomplete or incompatible filing inputs are not combined.资本需求覆盖信息不完整；不会合并不完整或不兼容的报告数据。
Any available cash-flow scenario is context only. Missing or incompatible inputs are not replaced with zero or a financing forecast.可用现金流情景仅供参考；缺失或不兼容的输入不以零值或融资预测替代。
Sources and cash-flow calculation来源与现金流计算
Figures are XBRL facts from one filing — no two years are mixed. Filing数据取自同一份文件中的 XBRL 事实，不跨文件拼接。文件
0000950170-25-051157, period ending报告期截至 2024-12-31, unit单位 USD.
Cache acquired缓存获取时间: 2026-10-03T08:37:29.007974+00:00.
6/6 buckets reported.个区间有披露。
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonthsLongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwoLongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFourLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFiveLongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
Annual period年度区间 2025-01-01 — 2025-12-31 · USD · 10-K · 0001193125-26-116169 · Filed提交日期 2026-03-19.
Cache acquired缓存获取时间: 2026-10-03T08:37:29.007974+00:00 · Evaluated as of评估截至 2026-10-07.
- Reported operating cash flow已披露经营活动现金流: $-59829000
- Reported equipment spending (capex outflow)已披露设备支出（资本开支流出）: $32776000
- Derived free cash flow (operating cash flow minus capex)计算所得自由现金流（经营现金流减资本开支）: $-92605000
Cash is the reported balance at period end. The runway scenario holds this annual cash-flow pace constant and excludes debt payments, restricted-cash adjustments and future financing.现金为期末已披露余额。现金跑道情景假设本年度现金流速度保持不变，不包括债务偿还、受限现金调整与未来融资。
Research context only — reported figures from SEC filings, not a rating, a signal or investment advice.仅供研究参考 — 数据摘自 SEC 文件披露口径，不构成评级、信号或投资建议。
Why is it moving为何波动
6 checks · nightly六项检查 · 每晚
Positioning持仓
Insider cluster activity内部人集中交易
Technical技术面
SPIR daily MACD crossed downSPIR 日线MACD下穿
Ownership & smart money持仓与聪明钱
13FInsider activity:内部人动向： -$5.2M net (0 buyers, 5 sellers)-$5.2M 净值（0 买家，5 卖家）
Signal history信号历史
engine events引擎事件
NEARING A LOW → DOWNTREND接近低点 → 下跌趋势
AVOID. Failed cycle — price broke below the low that started this cycle, which historically means the larger trend is rolling over (~80% of cases). Last cycle was left-translated (topped early) — a bearish structural tell回避。失败周期——价格跌破了启动本周期的低点，历史上这通常意味着更大的趋势正在掉头向下（约 80% 的情形）。 上一周期为左移结构（见顶偏早）——属于看空的结构性信号
Oct 1, 2026
SPIR daily MACD crossed downSPIR 日线MACD下穿
The daily MACD histogram turned negative — fast and noisy, context rather than a standalone trigger. $10.97.日线MACD柱状图转负 — 快速且嘈杂，仅作背景。$10.97。
Sep 29, 2026
SPIR broke down vs the marketSPIR 相对市场走弱
Relative strength vs SPY crossed below the 10th percentile of the last 90 days — weakness often leads price. $11.15.相对标普500的强弱下穿近90日的第10百分位 — 走弱常先于价格。$11.15。
Sep 21, 2026
SPIR daily MACD crossed upSPIR 日线MACD上穿
The daily MACD histogram turned positive — fast and noisy, context rather than a standalone trigger. $11.96.日线MACD柱状图转正 — 快速且嘈杂，仅作背景。$11.96。
Sep 18, 2026
SPIR broke down vs the marketSPIR 相对市场走弱
Relative strength vs SPY crossed below the 10th percentile of the last 90 days — weakness often leads price. $11.40.相对标普500的强弱下穿近90日的第10百分位 — 走弱常先于价格。$11.40。
Sep 17, 2026
SPIR StochRSI turned up from oversoldSPIR StochRSI自超卖区上行
StochRSI popped back above 20 — the earliest oscillator heads-up that downside momentum is easing. $12.14.StochRSI重回20上方 — 下行动量趋缓的最早预警。$12.14。
Sep 16, 2026
SPIR broke down vs the marketSPIR 相对市场走弱
Relative strength vs SPY crossed below the 10th percentile of the last 90 days — weakness often leads price. $11.49.相对标普500的强弱下穿近90日的第10百分位 — 走弱常先于价格。$11.49。
Sep 11, 2026
NEARING A LOW → UNCONFIRMED TURN接近低点 → 未确认转向
HIGH-RISK · NIMBLE ONLY高风险 · 仅限灵活操作
Showing the last 15 of显示最近15条，共 171 signals条信号
Company profile公司档案
Watch items — what could change the story关注项 — 可能改变故事的因素
- Capital intensity rising
The whole US universe — S&P 1500 and Russell 2000 — read nightly.覆盖标普1500与罗素2000全部成分股 — 每晚更新解读。
Signals, options positioning, smart-money moves and factor DNA — the same engine that wrote this page covers 2,700+ US stocks.信号、期权持仓、聪明钱动向与因子基因 — 撰写本页的引擎覆盖2700多只美股。
Statistics — full detail统计数据 — 完整明细
Price history价格历史
| Period周期 | This stock本股 | S&P 500标普500 |
|---|---|---|
| 1 Week近1周 | -1.5% | +1.9% |
| 1 Month近1月 | -8.3% | +1.4% |
| 3 Months近3月 | -32.4% | +4.8% |
| 6 Months近6月 | -38.7% | +15.2% |
| Year to date年初至今 | +40.6% | +14.9% |
| 1 Year近1年 | -17.4% | +17.3% |
Trading information交易信息
Volatility rank波动率分位
2th pctile
Off 52-week high距52周高点
-56.9%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Financials — full detail财务数据 — 完整明细
Multi-year record多年财务记录
| 20202020 | 20212021 | 20222022 | 20232023 | 20242024 | 20252025 | |
|---|---|---|---|---|---|---|
| Revenue营业收入 | — | $43M | $80M | $98M | $110M | $72M |
| EPS每股收益 | — | $-0.61 | $-0.64 | $-3.96 | $-4.26 | $1.49 |
| Free cash flow自由现金流 | — | $-73M | $-67M | $-54M | $-45M | $-93M |
| Gross margin毛利率 | — | 56.8% | 49.8% | 39.5% | 36.1% | 40.8% |
| Net margin净利率 | — | -87.8% | -111.4% | -79.5% | -93.1% | 71.7% |
| FCF margin自由现金流利润率 | — | -169.2% | -83.1% | -55.0% | -40.8% | -129.4% |
Latest fiscal year最近财年
Revenue (FY)营业收入（财年）
$72M
Gross profit毛利润
$29M
Net income净利润
$51M
Operating cash flow经营现金流
$-60M
Total assets总资产
$211M
Shareholder equity股东权益
$113M
Long-term debt长期负债
$0
Returns & growth回报与增长
Return on equity股本回报率
45.4%
Return on assets资产回报率
24.3%
Debt / assets负债/资产
0.0%
Asset growth资产增速
+9.0%
Accounting quality checks会计质量检查
- Earnings quality: accruals trending up over 5 fiscal years — earnings increasingly not cash-backed盈利质量：应计利润在 5 个财年间走高——盈利的现金支撑减弱
- Working capital: inventory & receivables lean vs sales营运资本：存货与应收相对销售保持精简
- Pricing power: gross margin −16.0pts over 5 years定价能力：毛利率 5 年下降 16.0 个百分点
- Capital discipline: investment near the peer median资本纪律：投资力度接近同业中位
- Balance sheet: leverage unremarkable资产负债表：杠杆水平一般
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Technicals — full detail技术面 — 完整明细
Indicator readings指标读数
RSI (14-day)RSI（14日）
38
RSI (2-day)RSI（2日）
44
vs 20-day average相对20日均线
-4.9%
vs 50-day average相对50日均线
-12.0%
vs 200-day average相对200日均线
-20.2%
Golden cross (50>200)金叉（50>200）
not in effect未生效
MACDMACD
below signal位于信号线下方
Timeframe alignment多周期共振
Daily日线
momentum down动能向下
3-day3日线
momentum down动能向下
Weekly周线
momentum down动能向下
When daily through monthly point the same way, moves carry further.当日线到月线方向一致时，行情往往更有延续性。
Volatility regime波动状态
Range state波幅状态
CoiledCOILED
Days compressed已压缩天数
14
Range width percentile波幅宽度分位
3/100
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Ownership — full detail持仓 — 完整明细
Insiders & shorts内部人与空头
Insider net buying (6 months)内部人净买入（6个月）
-$5.2M
Insider buyers vs sellers内部人买家vs卖家
0 : 5
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。