On this page of Benford's Law Stocks.com we present our study of Pulmatrix, Inc. — ticker symbol PULM. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 3/28/2024 to 10/16/2025 for Pulmatrix, Inc. under CIK number 0001574235. 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 PULM, 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 Pulmatrix, Inc. based on the past PULM filings our system processed in the past.
24.5
16.3
22.9
9.8
2.4
6.1
6.1
6.9
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, PULM stockholder letter ]
Total numbers found: 245
Recent share count: 3,652,285 (3's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
245
Low count compared to other filers, falling in the bottom quartile. At this number count, it would take about 2 numbers to move any given column by a full percentage point.
70

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 1's percentage was below the typical coverage universe range.
 • The 3's percentage was higher than the 2's percentage, increasing the penalty multiplier.
 • However, because we observed that the company's shares outstanding count begins with the digit 3, we canceled the penalty multiplier.
 • We deducted points upon observing the 3's percentage was above the typical coverage universe 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.
 • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier.
 • This is the 2nd 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.
Benford's Law Stocks Indicator
PULM
Low score compared to other filers, falling in the bottom quartile.
MNKD
OMQS
RAPT
SMLR
NEON
PINC
QURE
SKIN
Check our work! We provide our Pulmatrix, 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 PULM 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 60 numbers that start with the digit 1. Here they are:
178
10
10
13
180
120
15,614
101
124
164
156
11
1.16
1,808
1,808
1,549
1,549
17,995
198
198
19,018
103
103
13,310
13,310
197
197
10,920
10,920
106
101
13
122
1,542
10,792
10,782
10
10
10,792
10.00
10.00
10.5
100
112
19
180
178
11
180
120
14.99
13.99
188
17.67
10
19.49
148
194
197
1,185,270
We found 40 numbers that start with the digit 2. Here they are:
249
249
200,000,000
297,156
2,209
2,618
2,657
27
238
2,587
24
2.07
297,156
298,964
287,597
286,772
292,583
292,583
2,587
2,587
2,587
2,587
295,170
295,170
20
2,618
221
20,645
2.5
2.5
280.0
200
20.0
20,000,000
281,047
2,350.64
29,780
20
20
250,897
We found 56 numbers that start with the digit 3. Here they are:
3,652,285
399
3,652,285
306,123
306,103
301,390
366
3,023
30
394
31
3,652,285
3,652,285
3,652,285
3,652,285
3,652,285
306,103
3,652,285
306,111
3,652,285
306,117
300,513
3,652,285
306,123
301,390
3,652,285
305,592
3,652,285
305,790
3,652,285
305,893
3,652,285
305,893
3,652,285
306,090
3,652,285
306,090
329
341
333
398
398
3.6
399
37
38
3.0
36,538
382,588
34,046
30.55
33,858
3
350
33,858
382,588
4's 5's 6's
We found 24 numbers that start with the digit 4. Here they are:
4,794
4,972
4,982
4,733
4,982
41
4,220
4,261
4,261
41
4,234
4,733
4,234
498
4,345
4,727
4,727
4,804
4,794
4,804
4
49.99
498
416,446
We found 6 numbers that start with the digit 5. Here they are:
500,000
5,836
5,604
5,811
5,811
551,785
We found 15 numbers that start with the digit 6. Here they are:
69
67
6,746
67
6
6
6
6
67
60
62
67
65,003
6
6
7's 8's 9's
We found 15 numbers that start with the digit 7. Here they are:
7,803
7,160
7,811
70
7,573
71
7,147
7,573
740
76
71
75,000,000
75,000,000
79.15
7
We found 17 numbers that start with the digit 8. Here they are:
809
8,947
8
814
858
866
866
877
8,947
8
8
877
877
825
825
8,423
8
We found 12 numbers that start with the digit 9. Here they are:
9,521
9,920
9,943
929
996
9,943
905
9,455
9,853
9,531
96.4
934,373
While the above PULM 10Q Filed 10/16/2025 is interesting in isolation, we have found that it is also useful to take a look at older Pulmatrix, 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 10/16/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical PULM 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

24.5
16.3
22.9
9.8
2.4
6.1
6.1
6.9
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 70
XBRL?   [ original filing ]
Total numbers found: 245

= Typical PULM range from 3/28/2024 to 10/16/2025
27.0
17.4
20.2
3.1
5.9
5.6
6.5
4.0
10.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 28
XBRL?   [ original filing ]
Total numbers found: 322

= Typical PULM range from 3/28/2024 to 10/16/2025
27.3
16.4
22.2
9.6
5.8
4.1
5.5
6.1
3.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 80
XBRL?   [ original filing ]
Total numbers found: 293

= Typical PULM range from 3/28/2024 to 10/16/2025
27.6
12.6
25.6
5.7
6.5
7.3
2.8
5.3
6.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 38
XBRL?   [ original filing ]
Total numbers found: 246

= Typical PULM range from 3/28/2024 to 10/16/2025
26.9
20.5
23.2
4.6
6.7
4.0
5.2
4.0
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 70
XBRL?   [ original filing ]
Total numbers found: 327

= Typical PULM range from 3/28/2024 to 10/16/2025
33.3
17.6
17.6
5.7
7.0
5.9
4.1
4.7
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL?   [ original filing ]
Total numbers found: 387

= Typical PULM range from 3/28/2024 to 10/16/2025
29.7
13.7
21.7
1.9
3.3
4.2
6.1
10.8
8.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 0
XBRL?   [ original filing ]
Total numbers found: 212

= Typical PULM range from 3/28/2024 to 10/16/2025
25.1
20.8
21.6
7.0
6.7
5.6
3.8
5.8
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 342

= Typical PULM range from 3/28/2024 to 10/16/2025
 

Benford's Law PULM Stock (Pulmatrix, Inc.) | www.Benford'sLawStocks.com
Copyright © 2023 - 2025, All Rights Reserved

Nothing in BenfordsLawStocks.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy.