Equity Management is a workflow & analysis workspace. It models a cap table, stock-based compensation, debt, and earnings per share from figures you enter; valuations (Black-Scholes, ASC 718 expense, effective-interest amortization, treasury-stock and if-converted EPS) are simplified illustrations. It does not post journal entries, file disclosures, or constitute accounting, tax, legal, valuation (409A), or investment advice. Validate every figure with your auditors, counsel, and a qualified valuation provider before relying on it.