On this page of Benford's Law Stocks.com we present our study of SYNTEC OPTICS HOLDINGS INC. — ticker symbol OPTX. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 12/17/2021 to 5/23/2024 for SYNTEC OPTICS HOLDINGS INC. under CIK number 0001866816. 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 OPTX, 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 SYNTEC OPTICS HOLDINGS INC. based on the past OPTX filings our system processed in the past.
30.2
19.1
18.5
6.1
9.9
7.2
4.3
2.0
2.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing ]
Total numbers found: 444
Recent share count: 5,348,049 (5's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
444
Normal-to-low count compared to other filers, above the bottom quartile. At this number count, it would take about 4 numbers to move any given column by a full percentage point.
68

Starting from a possible score of 100, we made the following score deductions:
 • We deducted points upon observing the 3's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 3's percentage was above the company's typical historical range.
 • We deducted point upon observing the 4's percentage was below the typical coverage universe range.
 • We deducted points upon observing the 4's percentage was below the company's typical historical range.
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • However, because we observed that the company's shares outstanding count begins with the digit 5, we canceled the penalty multiplier.
 • We deducted points upon observing the 5's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 5's percentage was above the company's typical historical range.
 • We deducted point upon observing the 6's percentage was above the typical coverage universe 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.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 9's percentage was below the typical coverage universe range.
Benford's Law Stocks Indicator
OPTX
Normal-to-low score compared to other filers, falling within the bottom of the middle 50%.
RNGE
ZVRA
ADT
BDX
ACAC
AULT
MUGH
AKR
Check our work! We provide our SYNTEC OPTICS HOLDINGS 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 OPTX 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 134 numbers that start with the digit 1. Here they are:
184.5
15,151,861
10,767,651
11,101,052
11,624,819
1,071,257
108,738
1,624,851
13,374
11,384,342
1,913,538
11,767
1,274,104
13,484,171
12,996,344
121,000,000
1,927,204
11,132,869
13,063,742
1,541,112
1,257,261
154,829
1,976,433
15,615,868
176,071
10,174,692
176,071
1,689,512
1,690,021
1,976,433
1,976,433
1,976,433
1,976,433
1,927,204
11,132,869
13,063,742
1,927,204
11,132,869
13,063,742
1,976,433
12,451
10,847
124,911
1,199,214
1,267,263
100,000
104,407
129,328
108,738
1,928,715
1,921,182
1,241,637
1,921,182
137,592
1,600,000
1,745,573
1,802,479
1,632,063
1,777,259
159,968
176,071
1,948,000
155,000
188,000
1,382,620
1,390,210
11,455,917
158,404
1,365,000
1,690,021
1,348,049
1,051,450
12.50
14.00
15.50
15.76
15.5
19.5
177.6
120,000
1,144,322
188,251
191,709
130,000
130,000
103,310
103,860
11,101,052
11,624,819
176,071
10,000,000
199,126
1.87
1,433,333
1,216,712
1,775,000
1,722,626
1,064,000
1,624,851
1,913,538
179,970
170,839
1,199,214
154,829
1,402,438
1,295,898
1,100,698
16,905
14,157
1,774,462
1,724,845
1,799,735
1,849,621
1,274,104
11.79
13.90
18.22
17.40
15.62
17.40
1,774,462
1
12,708
125,274
143,672
12,708
11.50
18.00
14,107,989
14,107,989
14,107,989
121,000,000
14,107,989
1,976,433
We found 85 numbers that start with the digit 2. Here they are:
2,158,245
295,000
26,547,913
22,455,697
2,024,939
2,099,829
237,692
26,547,913
22,455,697
29,441,180
27,839,312
21,520,189
21,713,220
274,810
283,851
240,848
280,770
237,692
237,692
2,769,284
25,820
2,332,660
2,493,826
2,792,222
2,908,502
222,376
280,770
2,303,441
2,158,245
283,561
23,213
2,081,000
2,149,000
239,000
213,000
278,000
25,736,915
26,075,627
2,321,645
29,441,180
27,839,312
29,441,180
27,839,312
296,599
26,000,000
26,000,000
23,902
2,705,281
247,289
2,292,995
2,196,265
24,059
24,059
260,000
29,272,389
26,508,106
2,764,000
295,000
295,000
2,000,000
267,438
2,000,000
2.22
2,441,067
2,387,911
2,024,939
2,441,067
2,836
2,030,809
21.00
21.00
20.05
2.50
29.33
25.32
2.49
25.09
26.30
2,030,809
222,376
25,000
26,000,000
2,773,972
2,000,000
236,781
We found 82 numbers that start with the digit 3. Here they are:
36,688,266
3,626,360
359,443
3,042,315
370,206
348,095
362,972
300,000
3,549,262
36,688,266
31,600,000
3,669
3,160
335,974
370,914
32,366,725
31,600,000
3,499
31,596,501
3,156
3,156
31,600,000
3,160
31,600,000
3,160
36,688,266
3,669
36,688,266
3,669
3,140,601
300,000
331,881
340,298
348,095
34,265
3,020,546
319,056
383,000
3,895,000
348,095
313,830
348,095
313,830
373,475
3.2
3,167,479
3,213,425
31,600,000
36,688,266
316,620
3,626,360
32,466,641
30,595,840
38,132,925
3,141,000
300,000
300,000
300,000
33,333
33,333
34,886
3,574,569
36,180
3,538,389
362,972
362,972
385,975
391,236
308,738
353,084
39.28
3.60
318,334
36,688,266
31,600,000
36,688,266
31,600,000
31,600,000
32,366,725
31,600,000
300,000
3,895,000
4's 5's 6's
We found 27 numbers that start with the digit 4. Here they are:
412,058
49,853
434,569
4
434,569
434,569
434,569
40,837
45,946
4,506,000
45,946
4,791,667
4,818,156
40,373,441
410,182
436,005
454,697
407,485
44,346
480,042
478,564
476,876
41,498
4,773,971
4,773,971
434,569
4,506,000
We found 44 numbers that start with the digit 5. Here they are:
526,182
5,925,724
5,834,109
539,966
528,234
589,398
5,505,957
5,962,798
5,505,957
5,088,266
509
507,913
597,709
515,372
526,182
526,182
5,505,957
5,682,028
5,925,724
5,169,204
5,321,371
5,834,109
5,096,436
5,082,901
5,000
5,000
55,000
5,633
53,156
507,913
55,732
531,553
5,413
575,517
5.00
5.50
50
57.20
5,690
5,690
560,000
500,032
53
50
We found 32 numbers that start with the digit 6. Here they are:
6,800,064
689,385
63,227
6,537,592
6,400,000
6,126,092
6,379,879
6,654,326
654,765
61,164
62,065
62,065
685,428
62,065
652,778
642,547
694,000
67
66
60,000
60,000
60,000
60,000
6,537,592
6,400,000
674,000
6,646
6.59
6,652
628,371
628,371
6.40
7's 8's 9's
We found 19 numbers that start with the digit 7. Here they are:
74,890
7,920,991
719,172
756,520
761,023
7,026,621
7,457,372
7,410,224
76,951
7.63
718,441
767,771
72,557
719,172
777
73,857
74,890
7.05
72,709
We found 9 numbers that start with the digit 8. Here they are:
848,520
8,973,171
8.73
865,499
8.41
8,374
86
81,570,226
863,607
We found 12 numbers that start with the digit 9. Here they are:
9,447,082
9,218,501
9,459,353
9,218,501
9,459,353
9,218,501
9,459,353
917,400
9,635,816
9,031.152
906,901
9.70
While the above OPTX 10K Filed 5/23/2024 is interesting in isolation, we have found that it is also useful to take a look at older SYNTEC OPTICS HOLDINGS 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 10K Filed 5/23/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical OPTX 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

30.2
19.1
18.5
6.1
9.9
7.2
4.3
2.0
2.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 68
XBRL?   [ original filing ]
Total numbers found: 444

= Typical OPTX range from 12/17/2021 to 5/23/2024
33.4
12.9
8.9
16.6
8.6
7.3
4.6
6.3
1.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 57
XBRL?   [ original filing ]
Total numbers found: 302

= Typical OPTX range from 12/17/2021 to 5/23/2024
36.7
10.9
9.2
27.1
6.6
4.4
1.3
3.9
0.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 17
XBRL?   [ original filing ]
Total numbers found: 229

= Typical OPTX range from 12/17/2021 to 5/23/2024
42.7
11.8
6.7
20.2
7.3
6.2
1.7
2.2
1.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 46
XBRL?   [ original filing ]
Total numbers found: 178

= Typical OPTX range from 12/17/2021 to 5/23/2024
26.6
19.3
16.7
7.2
10.2
8.9
4.3
2.6
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 61
XBRL?   [ original filing ]
Total numbers found: 305

= Typical OPTX range from 12/17/2021 to 5/23/2024
44.7
13.5
8.9
14.8
6.8
3.8
3.4
3.8
0.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 68
XBRL?   [ original filing ]
Total numbers found: 237

= Typical OPTX range from 12/17/2021 to 5/23/2024
34.8
14.6
4.5
21.7
6.6
10.1
2.5
3.5
1.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 30
XBRL?   [ original filing ]
Total numbers found: 198

= Typical OPTX range from 12/17/2021 to 5/23/2024
32.6
18.5
8.9
17.0
8.1
10.4
3.0
1.5
0.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 47
XBRL?   [ original filing ]
Total numbers found: 135

= Typical OPTX range from 12/17/2021 to 5/23/2024
38.0
9.7
11.8
17.4
6.5
4.7
7.2
3.7
0.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 40
XBRL?   [ original filing ]
Total numbers found: 321

= Typical OPTX range from 12/17/2021 to 5/23/2024
37.7
13.6
6.8
22.7
6.2
6.5
1.6
3.2
1.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 34
XBRL?   [ original filing ]
Total numbers found: 308

= Typical OPTX range from 12/17/2021 to 5/23/2024
46.7
9.3
5.3
19.3
6.7
6.0
3.3
2.7
0.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 60
XBRL?   [ original filing ]
Total numbers found: 150

= Typical OPTX range from 12/17/2021 to 5/23/2024
 

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