Code Rebel Corp (CDRBQ)
For informational purposes only. Not financial advice. Analysis by Sedat Aydin, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Code Rebel Corp (CDRBQ) with AI Score 56/100 (Hold). Code Rebel Corporation, now in liquidation under Chapter 7 bankruptcy, previously operated as a software and IT services company. Its primary product was iRAPP, a remote application terminal services solution. Market cap: 0, Sector: Technology.
Last analyzed: Mar 16, 2026Code Rebel Corp (CDRBQ) Technology Profile & Competitive Position
Code Rebel Corporation, currently undergoing Chapter 7 liquidation, formerly developed and marketed iRAPP, a remote application terminal service. The company's software allowed users to access applications on a Mac remote desktop. It also provided IT services, but filed for bankruptcy in 2016.
Investment Thesis
Code Rebel Corporation filed for Chapter 7 bankruptcy in 2016 and is currently undergoing liquidation. The company's negative profit margin of -682.1% and a beta of -7.86 indicate extreme financial instability and high volatility, respectively. With a market capitalization of $0.00B and no dividend yield, there are no apparent value drivers for investors. The company's liquidation status suggests a complete loss of equity value for shareholders. Any potential investment would be highly speculative and carry an extremely high risk of total loss. Investors should be aware of the bankruptcy proceedings and consult with a financial advisor before considering any investment.
Based on FMP financials and quantitative analysis
Key Highlights
- Market Cap of $0.00B indicates the company has no remaining equity value due to bankruptcy.
- Profit Margin of -682.1% reflects severe financial losses prior to liquidation.
- Gross Margin of 37.4% was achieved before bankruptcy, but is now irrelevant due to the company's liquidation status.
- Beta of -7.86 suggests an inverse correlation to the market, but is unreliable given the company's financial distress.
- No Dividend Yield reflects the company's inability to distribute profits to shareholders.
Competitors & Peers
Strengths
- Proprietary iRAPP software for remote application access.
- Expertise in Mac OS X application remote access.
- Established relationships with ISVs.
- Offered both software and IT services.
Weaknesses
- Filed for Chapter 7 bankruptcy in 2016.
- Small number of employees (4).
- Negative profit margin (-682.1%).
- Limited financial resources.
Catalysts
- N/A due to bankruptcy.
- N/A due to bankruptcy.
- N/A due to bankruptcy.
- N/A due to bankruptcy.
- N/A due to bankruptcy.
Risks
- Ongoing: Complete loss of investment due to bankruptcy liquidation.
- Potential: Legal challenges or complications arising from the bankruptcy proceedings.
- Potential: Difficulty in recovering any funds from the liquidation process.
- Ongoing: Lack of transparency and information about the company's assets and liabilities.
- Potential: Delisting from the OTC market and further reduction in liquidity.
Growth Opportunities
- Given Code Rebel Corp's Chapter 7 liquidation filing in 2016, there are no viable growth opportunities for the company. The company's assets are being liquidated to pay off creditors, and there is no prospect for future operations or expansion. Any discussion of growth opportunities would be purely hypothetical and irrelevant to the current state of the company.
- With Code Rebel Corp undergoing liquidation, the market for its iRAPP software and IT services has effectively ceased to exist for the company. Potential customers have likely migrated to alternative solutions offered by competitors. There is no opportunity to recapture market share or generate new revenue streams under the current circumstances. The company's intellectual property may have some residual value, but it is unlikely to translate into significant growth.
- The bankruptcy proceedings have effectively eliminated any potential for strategic partnerships or acquisitions involving Code Rebel Corp. Other companies in the software and IT services industry are unlikely to be interested in acquiring a company that is in liquidation. Any existing partnerships or agreements have likely been terminated as a result of the bankruptcy filing. Therefore, there are no opportunities for growth through external collaborations or transactions.
- Code Rebel Corp's financial distress and subsequent bankruptcy have severely damaged its brand reputation and customer trust. Even if the company were to attempt a restructuring or relaunch, it would face significant challenges in regaining credibility and attracting customers. The negative publicity surrounding the bankruptcy would likely deter potential investors and partners. Therefore, there are no realistic opportunities for growth based on brand revitalization.
- The company's liquidation status also precludes any opportunities for geographic expansion or diversification into new product lines. With its assets being liquidated, Code Rebel Corp lacks the resources and infrastructure to pursue such initiatives. Any attempts to enter new markets or develop new products would be futile under the current circumstances. Therefore, there are no viable growth opportunities in terms of geographic reach or product portfolio.
Opportunities
- N/A due to bankruptcy.
- N/A due to bankruptcy.
- N/A due to bankruptcy.
- N/A due to bankruptcy.
Threats
- Competition from larger, more established software companies.
- Rapid technological changes in the software industry.
- Economic downturn impacting IT spending.
- Ongoing bankruptcy proceedings.
Competitive Advantages
- iRAPP software provided a specific solution for accessing Mac applications remotely.
- Established relationships with Independent Software Vendors (ISVs).
- Proprietary technology in iRAPP Load Balancer and Gateway.
- Specialized expertise in Mac OS X application remote access.
About CDRBQ
Code Rebel Corporation, founded in 2007 and based in Kahului, Hawaii, operated as a software and IT services company before filing for Chapter 7 bankruptcy in 2016. The company's core product was iRAPP, an interactive remote application terminal services solution designed to allow personal computer users to simultaneously access applications on a single Mac remote desktop. This was achieved through the iRAPP client or any standard compliant remote desktop protocol client. The company's Software segment focused on developing, marketing, and licensing iRAPP. This included client-side products for Mac OS X and Windows applications, terminal server products like iRAPP-single-user remote desktop and iRAPP-TS multiple-user terminal server for Mac OS X applications, and iRAPP access products such as iRAPP Load Balancer and iRAPP Gateway. The IT Services segment offered Independent Software Vendor (ISV) relationships/channel partner platforms, providing project management, application, and technical consulting, as well as database administration for implementing projects and managed-services engagements. They also offered professional services consulting to implement, upgrade, and maintain software packages offered by ISVs to their clients. However, on May 18, 2016, Code Rebel Corporation filed a voluntary petition for liquidation under Chapter 7 in the U.S. Bankruptcy Court for the District of Delaware, ceasing its operations.
What They Do
- Developed iRAPP, a remote application terminal services solution.
- Allowed PC users to access applications on a Mac remote desktop.
- Offered client-side products for Mac OS X and Windows applications.
- Provided terminal server products, including single-user and multiple-user options.
- Offered iRAPP access products like Load Balancer and Gateway.
- Provided project management and technical consulting services.
- Offered database administration services.
- Implemented, upgraded, and maintained software packages for ISVs.
Business Model
- Licensed iRAPP software to individual users and businesses.
- Provided IT services and consulting on a project basis.
- Generated revenue through software sales and subscriptions.
- Earned fees for IT consulting and implementation services.
Industry Context
Code Rebel Corporation operated within the application software industry, which is characterized by rapid technological advancements and intense competition. The industry is driven by the increasing demand for software solutions that enhance productivity, communication, and entertainment. However, the company's bankruptcy filing highlights the risks associated with smaller players struggling to compete with larger, more established companies in the sector. Competitors like ALFIQ, CLTY, FDBL, FUEG, and SMRL operate in a dynamic environment where innovation and adaptability are crucial for survival.
Key Customers
- Individual users needing remote access to applications.
- Businesses seeking to provide remote access to their employees.
- Independent Software Vendors (ISVs) requiring IT support.
- Channel partners needing project management and consulting.
Financials
Chart & Info
Code Rebel Corp (CDRBQ) stock price: Price data unavailable
Latest News
No recent news available for CDRBQ.
Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for CDRBQ.
Price Targets
Wall Street price target analysis for CDRBQ.
MoonshotScore
What does this score mean?
The MoonshotScore rates CDRBQ's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Arben Kane
CEO
Arben Kane served as the CEO of Code Rebel Corporation, overseeing the company's operations and strategic direction. His background includes experience in managing small teams and navigating the complexities of the software and IT services industry. Prior to his role at Code Rebel, details of his career history and education are Unknown.
Track Record: Under Arben Kane's leadership, Code Rebel Corporation developed and marketed the iRAPP software. However, the company ultimately filed for Chapter 7 bankruptcy in 2016. His tenure was marked by financial challenges and the eventual liquidation of the company's assets. Specific achievements or milestones during his leadership are Unknown.
CDRBQ OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Code Rebel Corp (CDRBQ) did not meet the requirements for the higher tiers (OTCQX and OTCQB). Companies in this tier may be distressed, in bankruptcy, or unwilling to provide current financial disclosures. This tier typically involves the highest level of risk and the least amount of regulatory oversight compared to stocks listed on major exchanges like the NYSE or NASDAQ. Investors should exercise extreme caution when considering investments in this tier.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited or no financial disclosure.
- High risk of fraud or manipulation.
- Bankruptcy proceedings and potential for complete loss of investment.
- Extreme illiquidity and difficulty in trading shares.
- Lack of regulatory oversight and investor protection.
- Verify the current status of the bankruptcy proceedings.
- Attempt to obtain any available financial reports or disclosures.
- Assess the liquidity of the stock and potential trading difficulties.
- Research the background and reputation of the company's management.
- Understand the risks associated with investing in OTC Other tier stocks.
- Consult with a financial advisor before making any investment decisions.
- N/A due to bankruptcy.
- N/A due to bankruptcy.
- N/A due to bankruptcy.
- N/A due to bankruptcy.
- N/A due to bankruptcy.
Common Questions About CDRBQ
What does Code Rebel Corp do?
Code Rebel Corporation formerly operated as a software and IT services company, specializing in remote application access solutions. Its primary product was iRAPP, a software that allowed users to remotely access and run applications on a Mac OS X server from Windows or Mac OS X clients. The company also provided IT services, including project management, application consulting, and database administration. However, Code Rebel Corp filed for Chapter 7 bankruptcy in 2016 and is currently undergoing liquidation, ceasing its operations and product offerings.
What do analysts say about CDRBQ stock?
Given Code Rebel Corp's Chapter 7 bankruptcy and liquidation status, there is no current analyst coverage or consensus on the stock. The company's financial difficulties and cessation of operations make it unlikely that analysts would provide ratings or price targets. Key valuation metrics such as price-to-earnings ratio and revenue growth are no longer relevant due to the company's financial distress. Investors should be aware that any historical analyst reports or recommendations are outdated and should not be relied upon for investment decisions.
What are the main risks for CDRBQ?
The primary risk for CDRBQ is the complete loss of investment due to the company's Chapter 7 bankruptcy and liquidation. As the company's assets are liquidated to pay off creditors, there is little to no prospect of recovering any value for shareholders. Other risks include legal challenges or complications arising from the bankruptcy proceedings, difficulty in obtaining information about the company's assets and liabilities, and the potential for delisting from the OTC market. Investors should be aware of these risks and consult with a financial advisor before considering any investment in CDRBQ.
What are the key factors to evaluate for CDRBQ?
Code Rebel Corp (CDRBQ) currently holds an AI score of 56/100, indicating moderate score. Key strength: Proprietary iRAPP software for remote application access.. Primary risk to monitor: Ongoing: Complete loss of investment due to bankruptcy liquidation.. This is not financial advice.
How frequently does CDRBQ data refresh on this page?
CDRBQ prices update in real time during U.S. market hours (9:30 AM-4:00 PM ET, weekdays). Fundamentals refresh after quarterly or annual filings. Analyst ratings and AI insights update daily. News is aggregated continuously from financial sources.
What has driven CDRBQ's recent stock price performance?
Recent price movement in Code Rebel Corp (CDRBQ) can be influenced by earnings results, analyst revisions, sector rotation, and broader market sentiment. Notable catalyst: Proprietary iRAPP software for remote application access.. Check the News and Technical Analysis tabs for the latest drivers. Past performance does not predict future results.
Should investors consider CDRBQ overvalued or undervalued right now?
Determining whether Code Rebel Corp (CDRBQ) is overvalued or undervalued requires examining multiple metrics. Compare valuation ratios (P/E, P/S, EV/EBITDA) against sector peers for a comprehensive view.
What research should beginners do before buying CDRBQ?
Before investing in Code Rebel Corp (CDRBQ), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on publicly available data and news sources.
- The company is in Chapter 7 liquidation as of 2016.
- Financial metrics may not be current or reliable due to bankruptcy.