Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
INLXthis companyIntellinetics, Inc.	$3.82	-18.14×	3.02×	2.07×	-71.14×	82.7%	66.0%	-10.8%	-11.3%	-16.5%	-13.7%	1.7%	0.15×	1.86×	-21.21×	1.03×	0.0%	3	-0.08	3	B-
AWREAware, Inc.	$1.00	-6.61×	1.5×	2.27×	-7.11×	-285.2%	92.3%	-37.9%	-34.0%	-22.5%	-21.6%	-14.2%	0.15×	0.65×	0×	3.77×	0.0%	3	-2.27	3	B
NTWKNetSol Technologies, Inc.	$6.83	18.48×	1.31×	0.73×	4.49×	-73.0%	52.6%	9.3%	4.0%	7.1%	11.8%	21.8%	0.22×	-2.18×	11.47×	2.06×	0.0%	5	3.06	4	A-
PHUNPhunware, Inc.	$1.73	-3.25×	0.39×	14.62×	5.53×	146.4%	50.6%	-803.7%	-446.6%	-11.8%	-21.1%	-33.4%	0.01×	8.82×	-641.22×	5.03×	0.0%	2	0.06	3	B+
SURGSurgePays, Inc.	$0.16	-0.93×	-2.18×	0.59×	-1.38×	-7649.4%	-18.6%	-59.9%	-63.3%	234.2%	1874.9%	-63.5%	-0.88×	-0.36×	-17.03×	0.38×	0.0%	4	-24.56	2	B-
Peer median	—	-2.09×	0.85×	1.5×	1.56×	-179.1%	51.6%	-48.9%	-48.6%	-2.4%	-4.6%	-23.8%	0.08×	0.15×	-8.52×	2.91×	0.0%	4	-1.1	3	—