On this page of Benford's Law Stocks.com we present our study of PIONEER POWER SOLUTIONS, INC. — ticker symbol PPSI. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 7/26/2024 to 11/14/2025 for PIONEER POWER SOLUTIONS, INC. under CIK number 0001449792. 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 PPSI, 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 PIONEER POWER SOLUTIONS, INC. based on the past PPSI filings our system processed in the past.
32.4
15.4
14.3
14.9
7.5
8.5
3.1
1.7
2.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, PPSI stockholder letter ]
Total numbers found: 482
Recent share count: 11,095,266 (1's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
482
Low count compared to other filers, falling in the bottom quartile. At this number count, it would take about 5 numbers to move any given column by a full percentage point.
41

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 3's percentage was above the typical coverage universe range.
 • The 4's percentage was higher than the 3's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 4's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 4's percentage was above the company's typical historical range.
 • The 6's percentage was higher than the 5'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 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 points upon observing the 7's percentage was below the typical coverage universe range.
 • We deducted points 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 3rd 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 9's percentage was below the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 9's percentage was below the company's typical historical range.
Benford's Law Stocks Indicator
PPSI
Low score compared to other filers, falling in the bottom quartile.
FGDL
FXY
ANSCU
COMP
ALFUU
IPSC
TLGYU
EACO
Check our work! We provide our PIONEER POWER SOLUTIONS, 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 PPSI 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 156 numbers that start with the digit 1. Here they are:
11,095,266
13,126
19,896
10,428
1,522
1,976
1,980
111
1,447
184
118
1,701
1,770
1,121
16
10
16
10
11,095,266
10,917,038
11,106,439
10,652,911
11,095,266
10,917,038
11,186,975
10,652,911
17,336
15
13
1,141
1,319
131
139
109
16,665
121
118
122
11,095,266
11,120,266
11
11
177
112
198
183
1,147
110
1,360
1,550
120
185
1,532
1,277
1,277
16,665
16,755
17,336
148
1,410
10,917,038
11
15,788
1,121
1,121
13
13
10,917,038
11
14,680
11,095,266
11
10
10
11,095,266
11
10
19,629
14,218
125,000
1
10,917,038
11
14,680
11,120,266
11
11,120,266
11
148
148
11,095,266
11
11,095,266
11
17,336
1,147
11,590
17
170
19
17
10
10
10
100
11,811
19,401
11,896
1,403
1,194
1,230
1,230
13,126
127
142
130
1,276
1,406
1,169
1,079
1,489
117
191
115
10
13
1.4
1,147
12,715
10,966
1,749
1
1
198
1,770
1,121
11,095,266
10,917,038
11,106,439
10,652,911
11,095,266
10,917,038
11,186,975
10,652,911
16
10
16
10
10,267
13
13,126
19
17
10
10
10
We found 74 numbers that start with the digit 2. Here they are:
21,998
2,102
2,698
256
2,087
2,236
24
27
2,350
21
21
29,047
221
2,000
244
29,978
233
249
25
2,200
2,751
24,286
26
224
248
22,947
24,068
2,257
2,350
2,350
224
224
24,068
25
25
25,000
22,766
2,000
2,200
221
2,337
2,857
2,401
22
2,857
2,401
213
206
2,597
21,998
213
200
200
269
239
27,309
25
21
29.75
2,000
2,200
2,077
2,077
2
2
2,350
21
21
21,756
2,859
242
2,859
21,998
22
We found 69 numbers that start with the digit 3. Here they are:
383
331
39
39
325
353
377
37,580
3,347
301
30,522
30,000,000
35,295
35,418
30,699
35,429
37,580
334
3,060
3,323
3,582
3,080
3,924
339
3,337
38,724
38,737
35,285
33,039
35,295
30,699
33,837
334
334
38,737
35,418
35,429
35,418
35,429
35,295
30,699
35,295
30,699
3,347
3,780
3,494
307
30
3,825
3,494
3,305
3,054
3.95
334
33
3,347
3,951
382
328
383
331
383
331
39
39
382,500
382,500
3,557
30
4's 5's 6's
We found 72 numbers that start with the digit 4. Here they are:
4,894
4,175
438
40
4,108
4,108
467
4,607
4,439
46
42
42
46
42
42
41,622
4,606
40
4,384
4,543
4,079
4,607
4,607
4,439
471
46
499
4,780
4,118
4,986
4,893
41,622
4,607
4,439
4,439
4,790
4,791
4,607
4,607
4,607
4,607
48,000
45
45
478
45
4,899
4,384
4,543
453
462
4.22
4.24
428
4.22
428
48,000
4,495
467
467
438
4,108
467
4,607
4,439
46
42
42
46
42
42
45
We found 36 numbers that start with the digit 5. Here they are:
5,502
5,005
5,074
580
56,657
5,663
530
5,000,000
551
5,048
5
5,477
566
502
57,541
5,395
53
5,440
5,895
521
521
561,476
534,167
527,498
544
580
580
5,074
580
534,167
534,167
534,167
534,167
534,167
534,167
5,663
We found 41 numbers that start with the digit 6. Here they are:
6,888
6,416
6,248
640
6,878
6,168
6,873
615
69
69
6,780
6,068
6,503
65,951
6,281
6,881
65,951
602
661
609
6,456
6,682
6,888
6,416
6,090
690
6,780
6,068
69
654,313
654,313
654,313
654,313
654,313
654,313
654,313
654,313
6,875
6,888
6,416
6,503
7's 8's 9's
We found 15 numbers that start with the digit 7. Here they are:
726
705
7,604
714
738
738
7,826
756
753
749
70
72
7,590
7
738
We found 8 numbers that start with the digit 8. Here they are:
821
871
8,520
8
871
85
882
80,536
We found 11 numbers that start with the digit 9. Here they are:
991
92
93
966
981
90
93
9,930,022
919,557
926
926
While the above PPSI 10Q Filed 11/14/2025 is interesting in isolation, we have found that it is also useful to take a look at older PIONEER POWER SOLUTIONS, 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 11/14/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical PPSI 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

32.4
15.4
14.3
14.9
7.5
8.5
3.1
1.7
2.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 41
XBRL?   [ original filing ]
Total numbers found: 482

= Typical PPSI range from 7/26/2024 to 11/14/2025
30.4
13.7
15.2
11.1
9.4
6.6
6.0
3.2
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 651

= Typical PPSI range from 7/26/2024 to 11/14/2025
34.6
16.5
9.7
6.9
7.5
7.2
8.1
3.1
6.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 57
XBRL?   [ original filing ]
Total numbers found: 321

= Typical PPSI range from 7/26/2024 to 11/14/2025
35.9
18.1
17.0
8.9
7.7
5.5
2.4
2.0
2.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL?   [ original filing ]
Total numbers found: 493

= Typical PPSI range from 7/26/2024 to 11/14/2025
33.0
19.2
11.3
9.1
8.7
3.8
5.9
3.0
5.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL?   [ original filing ]
Total numbers found: 494

= Typical PPSI range from 7/26/2024 to 11/14/2025
34.4
12.2
13.3
6.9
9.2
7.5
6.9
5.1
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 1,166

= Typical PPSI range from 7/26/2024 to 11/14/2025
36.1
19.4
13.5
10.3
6.5
7.7
1.6
0.6
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 79
XBRL?   [ original filing ]
Total numbers found: 310

= Typical PPSI range from 7/26/2024 to 11/14/2025
30.9
18.1
14.8
7.7
7.7
6.2
4.0
4.2
6.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 84
XBRL?   [ original filing ]
Total numbers found: 453

= Typical PPSI range from 7/26/2024 to 11/14/2025
 

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