On this page of Benford's Law Stocks.com we present our study of Avid Bioservices, Inc. — ticker symbol CDMO. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 3/10/2020 to 12/10/2024 for Avid Bioservices, Inc. under CIK number 0000704562. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for CDMO, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Avid Bioservices, Inc. based on the past CDMO filings our system processed in the past.
Benford Chart for CDMO 10Q Filed 12/10/2024
26.0
15.4
9.3
12.6
8.1
15.9
5.9
2.4
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL? ✓  [ original filing, CDMO stockholder letter ]
Total numbers found: 454
Recent share count: 63,795,108 (6's column)

■ = Typical range across full coverage universe
# of Numbers Found in Filing
Benford's Law Stocks Indicator
454
Low count compared to other filers, falling in the bottom quartile. At this number count, it would take about 5 numbers to move any given column by a full percentage point.
Benford's Law Stocks Score for CDMO = 65
65

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 3's percentage was below the typical coverage universe range.
 • The 4's percentage was higher than the 3's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 4's percentage was above the typical coverage universe range.
 • The 6's percentage was higher than the 5's percentage, increasing the penalty multiplier.
 • However, because we observed that the company's shares outstanding count begins with the digit 6, we canceled the penalty multiplier.
 • We deducted points upon observing the 6's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 6's percentage was above the company's typical historical range.
 • We deducted points upon observing the 8's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 8's percentage was below the company's typical historical range.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
CDMO's Score Vs. Typical Stock
Benford's Law Stocks Indicator
CDMO
Low score compared to other filers, falling in the bottom quartile.
Other Stocks Ranking Near CDMO
ACLS
ALLK
FCBC
GHIX
 AKRO
CADL
CDZI
GAIA
Check our work! We provide our Avid Bioservices, Inc. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the CDMO filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 118 numbers that start with the digit 1. Here they are:
18,411
16,644
11,803
12,364
104,002
182,244
186,514
1,445
1,354
154,147
153,593
150,000
10,586
18,755
12,820
10,586
18,755
12,820
12,631
11,222
15,087
13,385
1,652
1,499
140
17,406
11,909
14,639
17,406
11,643
17,406
11,643
15
18
166
109
109
17,406
17,406
190,268
123
120
120
183,333
189,169
11,643
11,643
183,333
11,643
1,767
1,238
11,784
1,293
14
112
12,409
1.8
1.8
153,358
103,178
1,730
182,244
186,514
1.7
160
153.5
146.1
141
143.8
138.5
1.25
160,000
160,000
154,147
153,593
1,442
1,138
1,150
126
108
131
1,922
1,684
1,445
1,354
1,494
1,450
1,955
11,158
11,063,435
1,986
12.33
1,876
1,311
14.08
1,476
13.97
12.33
10.31
15.30
1,239
11.32
1,810
10.11
1,457
1,107
1,359
1
10.1
127,556
1,572
1,400
1,408
1,241
16,180
16,180
18,614
18,336
We found 70 numbers that start with the digit 2. Here they are:
28,073
20,667
278,674
275,668
25,395
2,045
2,123
22,940
2,388
2,996
22,940
22,940
27
2,466
2,466
22,940
22,940
22,940
2,302
2,151
2,785
20
21,624
21,624
262
247
240
27,275
20,128
25,395
27.5
20.8
2.3
2
2,308
21,625
225,605
223,143
2.8
27.9
27.6
2.3
2.8
220
2,800
280
266
2.31
2,271
2,290
253
25
268
2,149
262
2,043
25,828
26,383
251
2,477
2,588
2,061
2,012
2,748
2,466
22.8
2
2.4
20
21
We found 42 numbers that start with the digit 3. Here they are:
33,415
38,106
30,375
323,482
336,557
39,887
3,567
3,221
323,482
336,557
33,482
35,527
30,060
3,668
3,276
398
36
3,469
3,469
388
3,009
314
38,106
38,892
33,415
31,424
33
33,482
3.2
3
36,629
3,080
33
31
3,813
3,292
395
3,025
32
3,546
3,469
3
4's 5's 6's
We found 57 numbers that start with the digit 4. Here they are:
4,803
40,321
41,157
4,412
4,884
43,591
44,336
437
44,808
4,665
44,808
433,240
442,761
44,808
431,118
4,809
4,809
442,761
4,809
46
4,919
4,344
4,536
4,758
4,758
4,691
4,449
4
43,856
41,497
4,458
4,236
43,361
4
4.4
453
4,764
494
424
40,321
41,157
49,016
43,591
44,336
4,167
4,199
419
4,618
4,036
4,036
4,147
4,147
45,036
4,744,849
40
4,809
4
We found 37 numbers that start with the digit 5. Here they are:
5,437
51,671
5,000
594,811
571,871
565
5,730
577,405
58,636
594,811
571,871
594,811
542
5,433
585
561
5,325
593
53,548
5,267
5.4
5.3
5,853
554
531
5,318
54
52
50,427
52,873
54,241
52
52,272
52,272
555
52,873
59
We found 72 numbers that start with the digit 6. Here they are:
63,963,302
6,513
6,343
63,956
63,568
64
64
639,555
632,696
60,889
63,121
69,987
63,686
6,557
6,557
63,838
63,149
63,739
62,994
63,790
64
635,977
63,956
64
639,555
63,111
63
623,445
63,234
63
626,031
63,568
64
632,696
60,889
6,134
6,134
63,956
64
639,555
62,692
63
620,224
63,234
63
626,031
6,796
6,134
639
6,008
61,246
6,207
63,121
6.8
6.5
6,407
64
67
6,343
6.0
6.0
6.5
6.5
6,991
6,318,586
6.68
6.09
6.45
611
6,134
6,776
6,776
7's 8's 9's
We found 27 numbers that start with the digit 7. Here they are:
74,156
70,566
7,101
72
73,655
725
725
7,909
725
7,412
7,468
7,972
73,655
7
72,502
7.00
719
775
7,101
70,864
79,256
7,837
78
7.66
7.58
750,270
748
We found 11 numbers that start with the digit 8. Here they are:
8,222
827
8,808
8,148
8
8.00
8,695
8,392
862
877
8,979
We found 20 numbers that start with the digit 9. Here they are:
96,505
9,251
9,521
9,521
9,521
9,521
998
998
9,370
998
972
9,573
911
957
9,270
972
982
98,948
962
9,053
While the above CDMO 10Q Filed 12/10/2024 is interesting in isolation, we have found that it is also useful to take a look at older Avid Bioservices, Inc. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 12/10/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical CDMO 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

10Q Filed 12/10/2024
26.0
15.4
9.3
12.6
8.1
15.9
5.9
2.4
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 65
XBRL? ✓  [ original filing ]
Total numbers found: 454

■ = Typical CDMO range from 3/10/2020 to 12/10/2024
10Q Filed 4/24/2024
26.4
15.7
9.8
11.4
8.3
16.3
5.5
3.3
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 69
XBRL? ✓  [ original filing ]
Total numbers found: 492

■ = Typical CDMO range from 3/10/2020 to 12/10/2024
10Q Filed 12/6/2022
27.5
14.0
11.7
13.1
7.4
14.8
4.7
3.2
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 70
XBRL? ✓  [ original filing ]
Total numbers found: 472

■ = Typical CDMO range from 3/10/2020 to 12/10/2024
10Q Filed 3/8/2022
22.4
17.3
16.1
7.7
10.5
12.7
4.6
2.8
6.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 59
XBRL? ✓  [ original filing ]
Total numbers found: 504

■ = Typical CDMO range from 3/10/2020 to 12/10/2024
10K Filed 6/29/2021
31.7
15.9
13.9
11.0
8.6
6.4
3.7
4.4
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL? ❌  [ original filing ]
Total numbers found: 1,525

■ = Typical CDMO range from 3/10/2020 to 12/10/2024
10Q Filed 9/1/2020
27.1
18.6
13.8
9.5
10.9
6.7
5.2
5.9
2.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 76
XBRL? ❌  [ original filing ]
Total numbers found: 580

■ = Typical CDMO range from 3/10/2020 to 12/10/2024
10Q Filed 9/9/2024
27.4
16.6
10.3
11.1
8.6
14.6
5.1
3.7
2.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL? ✓  [ original filing ]
Total numbers found: 350

■ = Typical CDMO range from 3/10/2020 to 12/10/2024
10Q Filed 12/7/2023
29.0
12.8
7.8
14.4
8.0
16.0
5.1
2.7
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 53
XBRL? ✓  [ original filing ]
Total numbers found: 486

■ = Typical CDMO range from 3/10/2020 to 12/10/2024
10Q Filed 9/6/2022
29.4
11.9
12.1
14.4
7.1
15.0
2.8
4.0
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 41
XBRL? ✓  [ original filing ]
Total numbers found: 354

■ = Typical CDMO range from 3/10/2020 to 12/10/2024
10Q Filed 12/7/2021
25.9
16.8
12.5
10.1
11.1
10.7
4.5
3.7
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL? ✓  [ original filing ]
Total numbers found: 487

■ = Typical CDMO range from 3/10/2020 to 12/10/2024
10Q Filed 3/8/2021
25.8
19.5
14.7
8.1
11.4
7.8
3.9
3.9
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 80
XBRL? ❌  [ original filing ]
Total numbers found: 875

■ = Typical CDMO range from 3/10/2020 to 12/10/2024
10K Filed 6/30/2020
31.1
16.5
11.8
12.5
9.3
6.9
3.9
4.7
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL? ❌  [ original filing ]
Total numbers found: 1,376

■ = Typical CDMO range from 3/10/2020 to 12/10/2024
10K Filed 7/2/2024
35.4
14.1
10.7
9.9
6.8
10.4
5.9
3.4
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL? ✓  [ original filing ]
Total numbers found: 644

■ = Typical CDMO range from 3/10/2020 to 12/10/2024
10K Filed 6/21/2023
29.2
13.7
14.0
12.7
9.2
8.7
4.6
3.3
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 84
XBRL? ✓  [ original filing ]
Total numbers found: 630

■ = Typical CDMO range from 3/10/2020 to 12/10/2024
10K Filed 6/29/2022
29.4
14.1
15.5
11.0
9.9
6.7
4.2
4.0
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 77
XBRL? ✓  [ original filing ]
Total numbers found: 626

■ = Typical CDMO range from 3/10/2020 to 12/10/2024
10Q Filed 9/8/2021
27.8
17.4
9.3
12.3
8.1
12.3
4.8
4.5
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL? ✓  [ original filing ]
Total numbers found: 334

■ = Typical CDMO range from 3/10/2020 to 12/10/2024
10Q Filed 12/2/2020
27.3
17.2
17.6
9.5
10.6
7.6
4.6
3.6
2.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 71
XBRL? ❌  [ original filing ]
Total numbers found: 843

■ = Typical CDMO range from 3/10/2020 to 12/10/2024
10Q Filed 3/10/2020
31.2
19.8
12.8
9.7
10.8
4.3
4.3
3.7
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL? ❌  [ original filing ]
Total numbers found: 805

■ = Typical CDMO range from 3/10/2020 to 12/10/2024
AOXY 10Q Filed 1/17/2025:
26
SCLX 10Q Filed 1/17/2025:
90
BACK 10Q Filed 1/17/2025:
59
TPET 10K Filed 1/17/2025:
95
FHLD 10K Filed 1/16/2025:
20
IIIN 10Q Filed 1/16/2025:
77
TRMB 10Q Filed 1/15/2025:
81
NEOG 10Q Filed 1/15/2025:
45
PKE 10Q Filed 1/15/2025:
75
LGIQ 10Q Filed 1/15/2025:
59
FORLU 10Q Filed 1/14/2025:
65
RMCF 10Q Filed 1/14/2025:
78
IRRXU 10Q Filed 1/14/2025:
59
BMRA 10Q Filed 1/14/2025:
83
VLD 10Q Filed 1/14/2025:
97
CVGW 10K Filed 1/14/2025:
52
FNGR 10Q Filed 1/14/2025:
98
DBMM 10Q Filed 1/14/2025:
3
LOOP 10Q Filed 1/14/2025:
80
JCTC 10Q Filed 1/14/2025:
51
NTRP 10Q Filed 1/14/2025:
96
RR 10K Filed 1/14/2025:
72
EMKR 10K Filed 1/14/2025:
75
APLD 10Q Filed 1/14/2025:
83
ASRE 10Q Filed 1/14/2025:
42
NRIS 10Q Filed 1/14/2025:
35
SODI 10Q Filed 1/14/2025:
71
HOVR 10Q Filed 1/14/2025:
36
RILY 10Q Filed 1/13/2025:
97
VRTC 10Q Filed 1/13/2025:
30
EACO 10Q Filed 1/13/2025:
55
EDUC 10Q Filed 1/13/2025:
70
MARK 10Q Filed 1/13/2025:
99
WS 10Q Filed 1/13/2025:
92
BZYR 10Q Filed 1/13/2025:
71
AEHR 10Q Filed 1/13/2025:
84
VHAI 10Q Filed 1/13/2025:
74
CVM 10K Filed 1/13/2025:
80
ADBE 10K Filed 1/13/2025:
95
DFCO 10K Filed 1/13/2025:
75
 

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