On this page of Benford's Law Stocks.com we present our study of LENDWAY INC. — ticker symbol LDWY. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 8/23/2021 to 11/10/2025 for LENDWAY INC. under CIK number 0000875355. 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 LDWY, 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 LENDWAY INC. based on the past LDWY filings our system processed in the past.
36.9
18.3
14.6
7.5
3.8
4.2
4.7
7.5
2.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, LDWY stockholder letter ]
Total numbers found: 426
Recent share count: 1,769,599 (1's column)

= Typical range across full coverage universe
58

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 1's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 3's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 3's percentage was above the company's typical historical range.
 • We deducted points upon observing the 5's percentage was below the typical coverage universe range.
 • We deducted points upon observing the 5's percentage was below the company's typical historical range.
 • The 6's percentage was higher than the 5's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 6's percentage was below the typical coverage universe range.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier.
 • This is the 3rd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 8's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 8's percentage was above the company's typical historical range.
 • We deducted point upon observing the 9's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 9's percentage was below the company's typical historical range.
Benford's Law Stocks Indicator
LDWY
Low score compared to other filers, falling in the bottom quartile.
Check our work! We provide our LENDWAY 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 LDWY 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 157 numbers that start with the digit 1. Here they are:
1770000
1770000
1,769,599
1,840,000
122
122
18,799,000
14,849,000
11,056,000
11,433,000
11,138,000
11,128,000
105,031,000
1,748,000
1,249,000
1,184,000
117,000
1,895,000
1,870,000
14,150,000
13,751,000
1,770,000
17,000
17,000
16,291,000
16,278,000
12,137,000
11,518,000
14,837,000
105,031,000
1,440,000
1,351,000
1,458,000
1,392,000
1,125,000
1,000
1,124,000
1.61
1.61
1,770,000
1,770,000
1,770,000
17,000
16,278,000
12,137,000
14,837,000
13,000
13,000
13,000
1,770,000
17,000
16,291,000
11,518,000
1,770,000
17,000
16,190,000
13,905,000
16,634,000
1,125,000
1,125,000
1,392,000
1,000
1,000
1,000
1,770,000
17,000
16,212,000
12,803,000
15,265,000
1,392,000
13,000
116,000
134,000
164,000
117,000
1,200,000
17,000
10,885,000
1,000
1,721,000
1,840,000
1,333,000
150,000
18.6
122,000
19
18
14
13
18
15
10
182,000
1,409,000
1,333,000
17,302,000
18,799,000
12,176,000
12,092,000
199,000
199,000
13,913,000
13,815,000
11,056,000
11,433,000
18,000
11,128,000
10,000
11,138,000
18,300,000
15,855,000
16,236,000
1,144,000
1,525,000
1,525,000
1,525,000
1,525,000
15,855,000
15,300,000
15,750,000
12,750,000
12,750,000
1,895,000
1,870,000
18,000,000
10,000,000
12,750,000
133,000
113,000
128,000
1,403,000
1,861,000
1,826,000
17,000
10
1,100,156
1,699,844
1,200,000
13.5
1,068,000
1,061,000
10,000
1,194,000
1,136,000
10,000
117,000
156,000
156,000
130,000
112,000
17.6
1,770,000
1,770,000
1,770,000
1,770,000
1,650,000
120,000
We found 78 numbers that start with the digit 2. Here they are:
2,347,000
2,428,000
2,122,000
25,414,000
240,000
216,000
24,425,000
24,806,000
240,000
240,000
2,407,000
254,000
28,354,000
2,195,000
2,700,000
2,983,000
2,791,000
253,000
2,194,000
267,000
2,854,000
2,827,000
2,700,000
2,854,000
2,854,000
27,000
27,000
2,195,000
2,339,000
2,729,000
22,000
22,000
22,000
267,000
2,462,000
26,000
22,000
24,000
2,000,000
23,000
22,000
21,000
29,000
259,000
20,000
225,000
29
26
240,000
240,000
2,857,000
2,382,000
28,000
2,445,000
2,064,000
26,870,000
2,445,000
24,425,000
2,064,000
24,806,000
2,459,000
2,065,000
214,000
231,000
252,000
272,000
28,354,000
2
29,000
2,150,000
23,000
23,000
267,000
2,903,000
21,706,000
21
21
25
We found 62 numbers that start with the digit 3. Here they are:
31,971,000
32,306,000
310,000
326,000
385,000
3,508,000
3,559,000
31,612,000
31,896,000
36,851,000
3,043,000
32,000
3,000
3,365,000
3,365,000
33,000
3,365,000
33,000
37,000
38,000
3,464,000
3,365,000
38,000
379,000
388,000
319,000
300,000
329,000
32
30
366,000
359,000
393,000
381,000
39,298,000
30,796,000
39,046,000
30,524,000
300,000
300,000
36,851,000
3.00
385,000
35,000
319,000
394,000
392,000
34,162,000
39,298,000
3,750,000
3.0
3,350,000
33,000
3,934,000
3,922,000
3,809,000
3,870,000
36,129,000
35,000
32,861,000
33.5
360,000
4's 5's 6's
We found 32 numbers that start with the digit 4. Here they are:
4,648,000
4,934,000
461,000
4,023,000
4,908,000
46,000
4,086,000
4,908,000
465,000
400,000
46,000
47,000
46,000
4,000,000
450,000
4,874,000
489,000
489,000
400,000
43,000
43,000
460,000
436,000
442,000
408,000
450,000
4.00
41,000
419,000
40
48,000
4,000,000
We found 16 numbers that start with the digit 5. Here they are:
5,124,000
547,000
5,714,000
5,153,000
5,213,000
5,188,000
511,000
511,000
594,000
5,056,000
5,611,000
5,153,000
5,182,000
50
54,567,000
578,000
We found 18 numbers that start with the digit 6. Here they are:
6,697,000
6,416,000
67,514,000
6,628,000
60,000
66,000
6,000
67
64
6,000
6,628,000
6,697,000
6,000,000
6,000,000
67,000
60,000
62,000
690,000
7's 8's 9's
We found 20 numbers that start with the digit 7. Here they are:
79,617,000
71,000
7,010,000
79,363,000
777,000
750,000
7,762,000
721,000
736,000
750,000
777,000
7,762,000
7,438,000
7,198,000
7,555,000
7,000
7,049,000
792,000
721,000
736,000
We found 32 numbers that start with the digit 8. Here they are:
814,000
81,253,000
822,000
800,000
874,000
820,000
8,575,000
8,000
81.4
887,000
813,000
88,000
8,570,000
8,570,000
8,570,000
8,611,000
8,575,000
8,000,000
8,575,000
80
8
8.0
8,000
8.9
8.1
8.1
8.2
8.2
83,000
8,000
8,000
8,000,000
We found 11 numbers that start with the digit 9. Here they are:
906,000
96,102,000
9,323,000
96,102,000
9,323,000
9,927,000
934,000
906,000
952,000
927,000
96,000
While the above LDWY 10Q Filed 11/10/2025 is interesting in isolation, we have found that it is also useful to take a look at older LENDWAY 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 11/10/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical LDWY 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

36.9
18.3
14.6
7.5
3.8
4.2
4.7
7.5
2.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 58
XBRL?   [ original filing ]
Total numbers found: 426

= Typical LDWY range from 8/23/2021 to 11/10/2025
41.2
19.5
13.3
5.6
4.9
3.6
4.3
3.6
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 84
XBRL?   [ original filing ]
Total numbers found: 694

= Typical LDWY range from 8/23/2021 to 11/10/2025
38.7
18.3
11.3
7.0
6.3
6.5
3.0
5.0
3.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 398

= Typical LDWY range from 8/23/2021 to 11/10/2025
38.4
18.7
10.0
4.5
5.9
7.3
5.2
5.9
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 73
XBRL?   [ original filing ]
Total numbers found: 289

= Typical LDWY range from 8/23/2021 to 11/10/2025
37.7
14.5
9.3
6.2
7.2
6.2
6.2
6.5
6.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 79
XBRL?   [ original filing ]
Total numbers found: 387

= Typical LDWY range from 8/23/2021 to 11/10/2025
38.1
13.8
8.3
7.2
7.2
3.4
7.4
8.3
6.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 49
XBRL?   [ original filing ]
Total numbers found: 470

= Typical LDWY range from 8/23/2021 to 11/10/2025
42.3
15.2
14.6
6.8
3.3
4.9
3.9
4.3
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 72
XBRL?   [ original filing ]
Total numbers found: 487

= Typical LDWY range from 8/23/2021 to 11/10/2025
39.6
17.4
13.9
7.0
6.5
3.1
3.9
3.9
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 540

= Typical LDWY range from 8/23/2021 to 11/10/2025
42.0
18.2
10.2
8.7
5.0
6.5
3.7
3.2
2.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 402

= Typical LDWY range from 8/23/2021 to 11/10/2025
37.3
17.4
11.2
5.4
7.6
6.0
3.8
6.9
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 78
XBRL?   [ original filing ]
Total numbers found: 448

= Typical LDWY range from 8/23/2021 to 11/10/2025
36.0
12.6
12.2
6.8
6.1
6.8
9.4
7.9
2.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 49
XBRL?   [ original filing ]
Total numbers found: 278

= Typical LDWY range from 8/23/2021 to 11/10/2025
39.3
14.1
8.1
7.3
5.8
6.5
7.5
6.5
5.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 79
XBRL?   [ original filing ]
Total numbers found: 496

= Typical LDWY range from 8/23/2021 to 11/10/2025
34.1
18.0
15.4
5.7
6.8
5.7
4.3
4.9
5.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 77
XBRL?   [ original filing ]
Total numbers found: 577

= Typical LDWY range from 8/23/2021 to 11/10/2025
41.2
18.0
16.8
3.6
5.0
3.1
3.8
4.7
3.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 63
XBRL?   [ original filing ]
Total numbers found: 422

= Typical LDWY range from 8/23/2021 to 11/10/2025
45.3
16.2
9.5
5.8
7.1
3.9
5.0
4.1
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 464

= Typical LDWY range from 8/23/2021 to 11/10/2025
41.2
12.2
9.3
6.6
6.1
6.1
6.8
5.4
6.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 69
XBRL?   [ original filing ]
Total numbers found: 442

= Typical LDWY range from 8/23/2021 to 11/10/2025
38.0
16.9
11.0
7.5
6.3
6.5
5.3
5.3
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 492

= Typical LDWY range from 8/23/2021 to 11/10/2025
 

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