# Use-Case Inventory

## Full underwriting
- Full public-company initiation
- Existing thesis refresh
- Maximum-depth stock research
- Multi-segment SOTP research

## Primary-source work
- 10-K deep read
- 10-Q quarter/YTD reconciliation
- 8-K event triage
- Proxy and compensation analysis
- XBRL-to-filing reconciliation
- Disclosure-drift comparison

## Accounting and forensics
- Three-statement reconstruction
- Revenue recognition
- Working-capital diagnostics
- SBC and dilution
- Leases and hidden obligations
- Tax and deferred-tax analysis
- Earnings quality and accruals
- Non-GAAP reconstruction
- Accounting estimate bias

## Business and industry
- Business model and unit economics
- Pricing power and price-volume-mix
- Retention and recurring revenue
- Capital intensity and reinvestment runway
- Industry structure and profit pools
- Bottom-up TAM
- Moat testing
- Peer normalization
- Technology disruption and S-curves

## Modeling and valuation
- Historical normalization
- Driver-based forecasting
- Integrated statements
- DCF
- Reverse DCF
- Relative valuation
- SOTP
- Scenario and sensitivity analysis

## Events and risk
- Earnings preview
- Post-earnings update
- Guidance bridge
- M&A analysis
- Activism/spin/restructuring
- Bankruptcy/distress
- Liquidity/covenant stress
- Decision journaling and post-mortems

## Sector analysis
- 36 bundled sector playbooks covering modules 71-106

## Training and communication
- Investment memo
- Investment committee defense
- Analyst training curriculum
- Deliberate-practice drills
- Senior-review question bank
- Final 99-point self-audit