On this page of Benford's Law Stocks.com we present our study of AMMO, INC. — ticker symbol POWW. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 6/13/2024 to 6/16/2025 for AMMO, INC. under CIK number 0001015383. 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 POWW, 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 AMMO, INC. based on the past POWW filings our system processed in the past.
34.8
16.4
9.8
9.2
9.5
7.9
5.0
3.5
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, POWW stockholder letter ]
Total numbers found: 861
Recent share count: 118,744,062 (1's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
861
High count compared to other filers, with POWW falling in the highest quartile of filers. At this number count, it would take about 9 numbers to move any given column by a full percentage point.
89

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 below the company's typical historical range.
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • We deducted point upon observing the 6's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 8's percentage was below the typical coverage universe 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.
Benford's Law Stocks Indicator
POWW
Normal-to-high score compared to other filers, falling within the top of the middle 50%.
OPBK
OSUR
QNST
SBAC
ORGO
PBFS
PPC
SAFT
Check our work! We provide our AMMO, 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 POWW 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 300 numbers that start with the digit 1. Here they are:
122,262,535
116,814,159
10,189,011
10,796,433
1,233,611
1,495,224
131,525,266
111,013,201
1,466,026
18,079,577
15,628,309
12,012,893
1,609,520
1,609,520
1,035,813
1,609,836
10,564,816
10,795,079
1,400,000
1,400
1,400
118,744,093
120,531,507
116,814,190
119,181,067
116,816
119,181
190,420
18,965,699
17,851,628
16,063,506
17,811,873
13,589,698
13,034,306
12,700,436
102,646,794
174,447
13,868
144,537
1,347,055
11,243,433
12,389,327
133,938,636
19,715,658
11,871,720
10
11
1.14
17
11
10
11
1.14
17
11
117,642,232
118,249,486
117,177,885
117,642,232
118,249,486
117,177,885
1,400,000
1,400
116,485,747
116,487
101,306
101,506
1,777,294
1,776
10,126,460
10,128,236
144,618
144,618
1,400,000
1,400
118,294,478
118,294
1,400,000
1,400
118,294,478
118,294
1,936,951
1,937
144,618
144,618
16,593,609
16,593,609
1,082,112
1,082
1,400,000
1,400
119,181,067
119,181
1,400,000
1,400
119,181,067
119,181
1,490,832
1,493
123,936
123,936
130,833,600
130,833,600
1,400,000
1,400
116,814,190
116,816
130,833,600
16,593,609
11,243,433
12,389,327
13,589,698
13,034,306
12,700,436
10,128,236
123,936
1,014,281
15,000
1,881,046
1,153,145
1,000
1,142,140
1,224,527
17,517,745
1,756,969
1,756,969
101,506
15,117,346
10,784,356
1,147,010
15,952,414
16,352,552
1,302,811
1,214,711
1,056,199
136,111
144,618
144,618
10,309
140
100
11,243,433
12,389,327
133,938,636
19,715,658
11,871,720
117,642,232
118,249,486
117,177,885
117,642,232
118,249,486
117,177,885
10
11
1.14
17
11
10
11
1.14
17
11
175,000
1,540,524
1,721,296
1,808,870
128,290,128
126,961,549
1,328,579
1,296,141
1,179,659
1,636,496
12,495,761
11,143,405
13,177,656
14,101,259
10,330,033
1,560,922
11,243,433
12,389,327
17,424,888
198,379
1,409,542
122,305,076
10,564,816
10,735,241
16,644,998
10.8
16.9
13,994,499
13,800,818
10,189,011
10,796,433
1,831,900
1,394,432
1,503,700
10,562,538
1,378,619
1,831,250
1,134,368
19,394
10.0
10.0
1,817,526
1,555,784
1,687,664
180,850
1,788
1.6
1.6
14,584,805
11,625,000
185,000
11,625,000
1
1.25
1.00
136,111
144,618
1,000,000
101,506
100,000
1,808,830
1,808,830
1,808,830
1,721,256
1,721,256
1,721,256
100,000
1.65
100,000
123,935
1.50
1.50
1.50
1.50
125,000
1.50
1,540,525
1.77
1,585,329
1,371,849
1,872,186
1,540,525
1,152,032
1,556,266
195,023
1,347,055
13,444,546
1,347,055
11.5
1
1.9
1
1
15.2
18.7
15.2
18.7
16,557,351
12,398,990
1,001,457
1,045,220
1,154,090
1,029,565
1.6
12,121,433
12,167,266
12,700,436
108,333
146,367,380
146,367,380
111,013,201
12,121,433
12,055,846
12,049,884
12,049,884
12,049,884
190,420
18,965,699
17,851,628
16,063,506
17,811,873
15,067,696
13,589,698
13,034,306
12,700,436
174,447
13,868
1,347,055
1.3
100
100
1.81
12.0
1,000,000
1.95
13.0
1.00
12,105,624
We found 141 numbers that start with the digit 2. Here they are:
27,244
2,000,093
27,392,642
297,329,629
2,854,196
25.00
200,000,000
203,862,034
2,673,156
222,026,563
297,329,629
2,187,466
23,436,308
2,367,260
2,275,586
200,003
200
2,322,346
2,322,346
268,328
268
2,330,852
2,330,852
2,150,998
2,152,080
2,673,156
2,673,156
2,552,085
2,552,085
203,862,034
222,026,563
263,290
213,819
2,775,529
261,613
2,451,268
2,652,611
2,652,611
2,134,143
2,968,925
2,968,923
2,960,416
2,152,080
2,075,743
240,937
25,358,645
23,281,475
286,479
250,000
29.1
2.8
2,857,143
29.1
275,000
215,196
2,204,659
2,560,986
2,211,492
2,542,074
2,610,046
2,008,625
20,707,873
2,857,826
2,059,294
21,520,796
25,983,100
2,513,533
286,200
273,459
22,807,972
2.1
2,566,917
247,725
247,725
2,668,593
265,883
272,926
29,067,229
2,854,196
20,000,000
21,722
242,595
261,742
2,635,797
245,250
25,000
201,646
240,937
257,425
25.00
25.00
2.1875
200,000,000
2,093,801
200,003
2,560,946
2.46
2.40
2.16
2.16
2.16
2.35
2.03
2.03
2.00
2.00
2.00
2.63
25,000
2.08
2.08
2.08
2.08
225,000
2.93
2.74
250,000
2.32
215,196
2.24
2,204,659
2,579,901
2.22
2.94
2.82
2.93
229,535
21
21.0
21.0
21.0
2
2,213,969
2,215,611
297,195
2,114,232
2,187,466
23,436,308
25
2.00
2.00
We found 84 numbers that start with the digit 3. Here they are:
30,227,796
30,497,720
37,413,636
30,975,049
358,049,851
318,984
3,622,641
3,105,036
3,122,049
3,105,034
38,344,527
375,857,901
374,121,135
374,121,135
31,750
32
358,049,851
358,049,851
3,436,606
3,437
3,622,641
35,964,755
3,811,735
30,367
3,674,454
34,423,330
307,905
30,304,374
3,407,910
3,407,910
3,174,834
39,134,027
30,227,796
39,634,027
30,227,796
39,134,027
387,711
3,622,641
3,105,036
3,122,049
3,105,034
3,524,394
3,706,050
35,866
322,034
35,866
3,280,449
3,805,488
3,004,385
3,004,385
3,805,488
331,483
331,483
394,065
394,134
37,413,636
38,185
3,255
360,055
329,843
3,000,000
31,750
31,750
3.19
386,311
300,000
3.68
33.3
3
32.3
36.0
3,523,690
3,580,271
35,964,754
35,964,754
3
357,747
357,747
35,354,179
38,564,836
318,984
3,622,641
300,000
39.0
4's 5's 6's
We found 79 numbers that start with the digit 4. Here they are:
4,538,038
4,407,491
403,039,335
479,651
44,989,484
434,335,782
430,525,824
403,039,335
49,401,547
42,933,516
46,281,535
414,084,541
427,639
427,639
424,739,847
424,739,847
430,458
430,458
430,525,824
430,525,824
4,349,089
4,350,582
421,103
421
434,335,782
4,350,580
430,458
401,585
476,252
40,372,246
499,448
438,275
4,252,778
413,461
459,723
4.8
4,765,645
42.9
45,847,430
4,972,452
45,563,334
4,756,006
4,211,248
45.8
45.8
429,210
4,084,854
4,538,038
4,682,183
48,665
45,000
43,240
4,800,000
4.5
485,000
4,515,000
400,000
430,457
400,000
4.13
400,000
400,000
400,000
48,728
481,817
4,510,650
4
4
472,665
481,036
42,302,068
4,407,491
4,407,491
4,224,442
4,224,442
47,475,613
49,401,547
46,123,580
400,000
We found 82 numbers that start with the digit 5. Here they are:
55,586,441
58,657,908
519,522
53,942,076
54,032,734
52,724,540
51,665,474
59,713,278
58,935,158
5,350,176
517,607
58
56
58
56
522,158
522,426
50,216,248
522,158
50,216,248
522,158
5,279,351
5,281,288
552,951
552,951
5,892,245
5,895,682
5,350,176
5,281,288
534,067
56,034
500,705
534,152
5,062,244
5,895,682
522,426
5,515,479
5,043,716
5,251,992
5,372,154
55,586,441
500,000
55,586,441
500,000
55,586,441
5
5,350,176
517,607
58
56
58
56
508,485
578,326
515,207
53,544,002
57,890,362
59,838
5.4
529,003
564,681
5,803,800
5
55902778
55902778
55902778
54687500
55902778
55902778
55295140
55295140
59,034
500,000
510,000
5,601,975
5.5
5.6
5,229,409
5,309,746
53,942,076
5,350,176
5.0
We found 68 numbers that start with the digit 6. Here they are:
63,647,168
6,477,684
6,080,182
62,092,917
69,923,398
63,149,673
6,468,031
610,926
6,443,005
6,298,468
6,286,305
65,221,463
68,326,499
65,612,137
638,071
638,071
638,071
638,071
69,923,398
69,923,398
663,067
663,488
65,612,137
65,221,463
637,789
629,140
647,480
663,488
6,679,374
699,929
667,063
665,043
65,221,463
68,326,499
65,612,137
6,146,966
6,014,380
617,756
67,173,059
65,612,137
6,155,524
658,946
6,198,213
6,477,684
674,735
656,674
653,420
663,826
642,105
650,195
64,620
675,000
6,286,305
6.0
61.5
699,392
699,910
6,337,314
65,252,802
65,252,802
63,149,673
6,468,031
610,926
6,591,301
6,286,305
65,221,463
625,000
6.50
7's 8's 9's
We found 43 numbers that start with the digit 7. Here they are:
72,148,138
75,303,066
7,660,541
70,594,542
77,806
778,120
76,168
76,200
712,239
76,200
7,360,396
75.0
765,594
74,867,419
7,528,186
702,597
733,384
7,206,631
786,885
764,174
738,459
782,634
782,639
782,639
765,625
782,639
782,639
774,132
774,132
76,200
720,366
718,757
7,158,241
7.4
7,978,747
76,532,389
76,532,389
7,660,541
70,594,542
77,806
700,000
7.0
7,094,926
We found 30 numbers that start with the digit 8. Here they are:
83,278
8.75
8,565,401
860,293
82,173
8,472,225
8,766,686
8,766,686
8,565,401
8,766,686
8,219,637
857,742
8,000,000
8.0
8,472,225
83,079,531
8,212,112
8,553,708
8,778,545
867,040
881,171
861,777
814,863
8.75
87,574
83.5
8.8
8.8
860,293
82,173
We found 34 numbers that start with the digit 9. Here they are:
98,891,767
90,870,094
90,870,094
9,116,939
91,674
948,292
99,762
99
99
9,528,095
9,306,917
901,076
90,870,094
91,112,496
94,818,546
9,471,606
9,814,826
923,603
9,789,897
9,249,946
9
9,000,000
99,762
911
948,292
948,292
9.4
973,565
9,717,237
98,891,767
98,891,767
9,116,939
948,292
9,866,679
While the above POWW 10K Filed 6/16/2025 is interesting in isolation, we have found that it is also useful to take a look at older AMMO, 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 6/16/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical POWW 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

34.8
16.4
9.8
9.2
9.5
7.9
5.0
3.5
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 861

= Typical POWW range from 6/13/2024 to 6/16/2025
36.7
17.3
11.4
9.1
7.7
5.3
5.3
3.0
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL?   [ original filing ]
Total numbers found: 1,066

= Typical POWW range from 6/13/2024 to 6/16/2025
36.3
17.6
12.4
11.4
7.2
5.5
4.0
2.7
2.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 780

= Typical POWW range from 6/13/2024 to 6/16/2025
39.0
14.2
13.6
9.8
6.6
5.2
4.4
2.8
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 500

= Typical POWW range from 6/13/2024 to 6/16/2025
 

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