On this page of Benford's Law Stocks.com we present our study of LINDBLAD EXPEDITIONS HOLDINGS, INC. — ticker symbol LIND. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 3/12/2021 to 11/4/2025 for LINDBLAD EXPEDITIONS HOLDINGS, INC. under CIK number 0001512499. 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 LIND, 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 LINDBLAD EXPEDITIONS HOLDINGS, INC. based on the past LIND filings our system processed in the past.
27.6
19.5
13.3
5.8
9.3
11.4
3.3
5.4
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, LIND stockholder letter ]
Total numbers found: 691
Recent share count: 54,789,150 (5's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
691
Normal-to-low count compared to other filers, above the bottom quartile. At this number count, it would take about 7 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 point upon observing the 4's percentage was below the typical coverage universe range.
 • We deducted point 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.
 • 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 above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 6's percentage was above the company's typical historical range.
 • We deducted point upon observing the 7's percentage was below the typical coverage universe range.
 • We deducted points upon observing the 7's percentage was below the company's typical historical range.
 • 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.
Benford's Law Stocks Indicator
LIND
Low score compared to other filers, falling in the bottom quartile.
GBIO
JBSS
MEDP
NKSH
INKT
KNSA
LINK
NEOV
Check our work! We provide our LINDBLAD EXPEDITIONS 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 LIND 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 191 numbers that start with the digit 1. Here they are:
165,000
165,000
1,000,000
1,000,000
1.1
1.2
16.0
12.1
17.0
183,941
17,365
15,923
13,860
1,845
10
1,024
1,105,338
1,022,440
127,789
107,579
127,973
109,473
124,373
109,786
14,930
12,733
176,524
11,256
11,234
1,105
1
1,134
11,030
18,451
1,383
1,190
1,239
1,168
18
18
18
18
1,383
1,671
1,190
118,007
1,239
1,239
1,190
1,190
127,973
109,473
14,489
14,489
11,858
11,858
127,973
141
141
1,126
1,126
1,168
1,168
107,739
1
1,924
107,739
1,383
1,254
14,489
1,023
1,010
1,147
1,304
17,359
10,741
11,777
16,720
19,056
187,344
117
117
12
1.1
1.2
1,190
1,239
1,168
163,798
129,796
18
18
18
18
190,281
120,979
109,140
16,582
12,128
137,561
121,268
178,303
139,783
19,561
15,619
197,864
155,402
10,260
102,611
163,494
1.8
193,881
12,500
12,750
14,476
18,101
1,367
1,351
11,557
10
10
11,557
10
10
11,557
16.4
11.8
15.0
1,000
14.25
1.2
1.2
14.5
10.78
10.57
1.7
1.2
1.3
1,126
11,858
155
1,400
14,797
16,800
137,561
121,268
102,611
163,494
13,236
11,680
19,553
10,092
17,801
19,032
1.3
137,561
121,268
187,092
177,306
19,089
19,536
13,360
11,761
13,236
11,680
19,553
10,092
102,611
163,494
121,519
11,126
18,083
13,436
1,570
17,801
19,032
13,338
11,739
1,405
1,795
1,290
14,930
12,733
1,505
12,626
14,418
17,365
15,923
1.7
1.1
1,000,000
We found 135 numbers that start with the digit 2. Here they are:
200,000,000
200,000,000
2.4
2
2
24.0
2.7
261,781
28,343
278,433
20,650
29
2,545
29,424
288
256,593
253,114
240,172
206,005
277,191
29,002
25,003
204,202
29,481
29,124
203
23,492
23,492
2,009
2,564
2,050
25,198
2,683
22,515
21,347
25,198
288
288
25,198
2,683
22,515
263,809
2,701
2,701
256,593
288
253,114
288
288
256,593
255,487
2,529
2,529
248,065
22,515
22,515
226,878
225,064
2,830
226,878
2,684
2,775
2,118
2,221
2,256
23,647
21
2,237
288
216,143
290,124
224,575
2,239
2.4
22,515
21,347
223,181
233,556
216,631
27,533
295,727
208,124
21.5
2.9
261,781
28,343
290,124
224,575
28,343
28,585
275,000
270,001
29
29
29
29
23.5
2.7
2.8
2.1
2.5
229,023
2.4
25.0
2.9
2.8
2.6
2.1
24,233
29,424
2,683
2,701
2,830
27,542
27,542
27,583
208,124
240,172
206,005
22,734
29,481
29,124
2.4
23,682
23,483
208,124
28,446
2,695
22,734
22
22
2,432
275,246
209,106
247,970
We found 92 numbers that start with the digit 3. Here they are:
3.3
30.0
32,202
363,788
362,276
318,666
392,454
3,537
384,572
362,881
308,611
34,808
30,091
37,687
35,970
34,503
34,140
318
33,961
34,179
3,503
3,005
3,383
3,125
3,667
3,455
39
36
3,005
3,005
3,383
3,125
381,822
384,572
362,881
3,667
3,667
384,572
354,844
334,623
322,208
3,455
3,455
334,623
3,005
37,687
36,778
34,388
3,061
31,265
37,231
36,994
3,667
3,455
358
358
3,667
3,455
39
36
34,436
331,804
36,897
379,714
332,624
3,863
30,694
32,202
34,422
39,242
33,705
360,000
355,424
3.7
3.5
3.5
39,186
37,784
3,383
3,125
3,901
379,714
332,624
31,440
35,970
379,714
332,624
34,992
32,855
31,440
34,926
37,687
4's 5's 6's
We found 40 numbers that start with the digit 4. Here they are:
438,605
45,968
496,118
44,899
466,994
48
4,886
4,573
4,783
49
4,573
4,573
4,783
4,596
4,596
4,011
4,011
422,663
4,754
44,899
48
41,134
48,440
43,875
49
47,910
4,661
4,576
4,999
45.0
4,783
45,968
45,968
496,118
40,672
4,227
40,606
430
44,899
4,739
We found 64 numbers that start with the digit 5. Here they are:
55,392,217
54,507,977
55,294,328
54,376,154
55,400,743
527,609
518,390
59,031
5,128
54,848
58,054
587,838
536,845
50,993
55,879
5,055
55,557,530
54,097,365
54,859,959
53,662,237
55,557,530
54,859,959
53,662,237
54,733,299
5,370
5,370
55,392,217
54,507,977
55,392,217
53,564,680
54,495,338
53,390,082
5
54,495,338
519
54,137
55,557,530
54,097,365
54,859,959
53,662,237
55,557,530
54,859,959
53,662,237
564,920
597,820
5
5.5
5.4
583,400
5.05
50
500
587,838
50,993
5.1
59,202
57,628
52,606
50,584
5,467
542
598
59,031
59,031
We found 79 numbers that start with the digit 6. Here they are:
62,000
62,000
62,000
62,000
62,000
62,000
62,000
62,000
6.0
682,593
62,290
61,145
6,627
663,443
625,425
6
6
66,042
6,747
6,166
6,130
62,591,165
6,454
6,130
6
658,918
6
6
6,166
6,166
6
6
682,593
6,000
6,000
6
682,593
6,000
6,000
6,130
6,130
6
675,010
635,029
6,000
6,166
6,130
62,591,165
62,290
675,000
663,443
675,010
663,453
635,029
625,454
675,000
663,443
635,000
625,425
675.0
6.75
675.0
667.5
60.0
687.2
6.00
62,000
6.7
6,882
63,800
65,758
66,639
60,573
6,608
66
66
667,799
61,145
61,145
7's 8's 9's
We found 23 numbers that start with the digit 7. Here they are:
7
73,664
745
78,155
7,362
7,362
705
7,362
7,111
735
78
73,981
79,096
73,073
7,801
73,664
7.00
7.1
7.00
7.4
7.0
7.8
701,288
We found 37 numbers that start with the digit 8. Here they are:
8.8
8
8.3
8.6
876,905
821
81,821
876,905
86,074
84,722
884,240
838
837
8,891
8.8
8
8.3
8,200,206
86,543
81,607
88,162
80,874
8,092
84,737
8.4
8
85,000
85.0
8.8
8.92
8.77
8.44
853
853
84,737
84,737
876,905
We found 30 numbers that start with the digit 9. Here they are:
976,534
976,534
98,613
982
9
9,833
9,585
99,351
97,139
984
982
97,141
90,675
9,833
9,585
98,248
9,788
97,950
9,575
9,575
9.00
9
9.50
9.3
950
99,885
9,913
972
972
976,534
While the above LIND 10Q Filed 11/4/2025 is interesting in isolation, we have found that it is also useful to take a look at older LINDBLAD EXPEDITIONS 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 10Q Filed 11/4/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical LIND 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

27.6
19.5
13.3
5.8
9.3
11.4
3.3
5.4
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 68
XBRL?   [ original filing ]
Total numbers found: 691

= Typical LIND range from 3/12/2021 to 11/4/2025
24.5
18.0
11.8
10.9
9.2
10.4
4.1
5.7
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 76
XBRL?   [ original filing ]
Total numbers found: 872

= Typical LIND range from 3/12/2021 to 11/4/2025
27.6
15.5
9.1
7.7
9.1
13.3
4.9
7.7
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 47
XBRL?   [ original filing ]
Total numbers found: 427

= Typical LIND range from 3/12/2021 to 11/4/2025
26.9
20.9
8.0
6.3
13.1
8.0
6.8
5.1
5.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 651

= Typical LIND range from 3/12/2021 to 11/4/2025
29.6
14.6
9.2
5.7
11.9
6.8
5.5
9.8
6.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 52
XBRL?   [ original filing ]
Total numbers found: 732

= Typical LIND range from 3/12/2021 to 11/4/2025
31.8
19.8
9.6
8.8
8.7
5.1
4.6
6.3
5.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL?   [ original filing ]
Total numbers found: 1,098

= Typical LIND range from 3/12/2021 to 11/4/2025
32.1
13.6
11.3
11.5
8.6
6.1
5.2
7.3
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 79
XBRL?   [ original filing ]
Total numbers found: 573

= Typical LIND range from 3/12/2021 to 11/4/2025
24.0
22.8
8.6
7.5
11.5
9.8
3.1
6.8
5.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 74
XBRL?   [ original filing ]
Total numbers found: 676

= Typical LIND range from 3/12/2021 to 11/4/2025
23.5
18.7
14.0
6.0
10.5
10.7
4.6
7.1
5.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 64
XBRL?   [ original filing ]
Total numbers found: 637

= Typical LIND range from 3/12/2021 to 11/4/2025
27.7
16.0
10.1
9.5
12.1
9.5
4.8
4.6
5.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 88
XBRL?   [ original filing ]
Total numbers found: 810

= Typical LIND range from 3/12/2021 to 11/4/2025
30.3
13.9
7.4
9.7
11.6
9.0
5.3
7.8
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 71
XBRL?   [ original filing ]
Total numbers found: 476

= Typical LIND range from 3/12/2021 to 11/4/2025
31.4
14.5
8.6
7.3
12.6
6.6
6.5
7.2
5.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 84
XBRL?   [ original filing ]
Total numbers found: 724

= Typical LIND range from 3/12/2021 to 11/4/2025
29.6
16.6
7.9
10.6
10.5
5.6
5.4
7.9
6.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 74
XBRL?   [ original filing ]
Total numbers found: 802

= Typical LIND range from 3/12/2021 to 11/4/2025
29.9
19.6
10.8
10.2
6.2
6.6
4.7
6.3
5.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 84
XBRL?   [ original filing ]
Total numbers found: 1,078

= Typical LIND range from 3/12/2021 to 11/4/2025
30.0
17.7
12.5
7.6
9.3
11.0
2.4
6.0
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 70
XBRL?   [ original filing ]
Total numbers found: 463

= Typical LIND range from 3/12/2021 to 11/4/2025
22.1
23.4
8.3
8.7
10.8
10.5
4.4
6.9
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 50
XBRL?   [ original filing ]
Total numbers found: 611

= Typical LIND range from 3/12/2021 to 11/4/2025
25.7
13.3
11.7
6.8
13.1
7.7
6.0
8.8
6.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 60
XBRL?   [ original filing ]
Total numbers found: 647

= Typical LIND range from 3/12/2021 to 11/4/2025
32.3
17.0
8.7
8.1
10.0
6.7
4.7
6.9
5.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 963

= Typical LIND range from 3/12/2021 to 11/4/2025
30.0
10.7
10.9
11.3
11.1
7.5
4.6
9.9
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 42
XBRL?   [ original filing ]
Total numbers found: 523

= Typical LIND range from 3/12/2021 to 11/4/2025
29.3
13.0
11.7
11.2
9.0
5.6
6.4
8.5
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 68
XBRL?   [ original filing ]
Total numbers found: 792

= Typical LIND range from 3/12/2021 to 11/4/2025
 

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