Feed / PHGE

Tessera Defense and Homeland Security Inc.

PHGE

Equities · 1.84 +287.3% today

Participation confirmed · construction unavailableMarket checked 10 Sept, 15:55 GMT-4

Market read

Tessera Defense and Homeland Security Inc.'s move is being confirmed by its market group.

No new filing conclusion is available. 14 of 21 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 6 directly disclosed connections are confirming.

Company+287.3% todayVolume comparison unavailable
Market group14 of 21 activeSpecialty Chemicals & Retail · active
Disclosed network0 of 6 confirmingNo filing-linked name is confirming now
What would change this read
  • At least 14 of 21 members remain active in the next snapshot.
  • Capital-flow agreement rises above 55%.
  • A filing-linked outsider such as LEN begins moving with the group.

Invalidation: The live read weakens if participation falls to 7 of 21 members or fewer.

Watch this read

Research brief

The story so far

Sector unavailable · Industry unavailable

No new filing conclusion is available. 14 of 21 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 6 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • At least 14 of 21 members remain active in the next snapshot.
  • Capital-flow agreement rises above 55%.
  • A filing-linked outsider such as LEN begins moving with the group.

Company research

Understand the business, not just the ticker

As of Oct 1, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods0
Price observations331
Usable filing statements72
Verified relationships6
Evidence supporting the case

No qualifying supportive evidence was identified.

Evidence challenging the case
  • Restructuring and cost reductions has repeated adverse evidence across 4 filings.
Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Sep 29, 2026

0.43
6m-91.7%12m-10.9%24m—

What management says matters

Persistent and emerging business drivers

Restructuring and cost reductionsnegative · 4 filings
“Outlook We have incurred an accumulated deficit of approximately $236.0 million as of March 31, 2026, compared with approximately $216.9 million as of December 31, 2025, substantially all of which is attributable to our legacy phage therapy operations and pre…”
10-Q · May 20, 2026 ↗
Credit and interest ratesmixed · 3 filings
“As a result of the foregoing, management believes that there is substantial doubt as to our ability to continue as a going concern.”
10-Q · May 20, 2026 ↗
Foreign exchangemixed · 1 filings
“Restricted cash consists of bank guarantee due to rental agreement and as of December 31, 2024, funds that were contractually restricted to a credit line for outstanding short-term foreign exchange contracts.”
10-K · Feb 19, 2026 ↗
Legal and regulatory exposuremixed · 1 filings
“Additionally, if and when we believe a regulatory approval of a product candidate appears likely, we anticipate an increase in payroll and expenses as a result of our preparation for commercial operations, especially as it relates to the sales and marketing o…”
10-K · Feb 19, 2026 ↗

Valuation discipline

Descriptive valuation snapshot

Price/sales — · EV/sales —. Comparisons use only industry-matched filing peers.

Scenario scaffold

Fewer than 4 annual revenue periods; too little history to scaffold scenarios.

Price action

How the market is pricing the story

1.84+287.3% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for PHGE. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for PHGE. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind PHGE

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

ESLTElbit Systems Ltd.customerMay 20, 2026 ▾

“Key customer relationships include: ● Zorronet has active projects with Elbit Systems Ltd.”

RFLFiling-linked namecustomerMay 20, 2026 ▾

“Key customer relationships include: ● Zorronet has active projects with Elbit Systems Ltd.”

ESLTElbit Systems Ltd.partnerMay 20, 2026 ▾

“The Company generates revenues through a combination of (i) project-based engagements and product sales, including the sale and deployment of DFSL’s LADAR detection systems and Zorronet’s discrete project deliveries to defense prime contractors and end users;…”

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 8 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

PHGE is currently a Leader in the organic co-movement group Specialty Chemicals & Retail. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.