Dilution profile // every instrument, one screen, from SEC filings

Butterfly Network, Inc. (BFLY)

CIK 1804176 · all EDGAR filings →

Overall dilution risk
HIGHworst of 2 computed signals (offering ability)
= the worst band among the computed sub-ratings, no hidden weighting
not every sub-rating was computable; treat as a floor
Offering ability
HIGHS-3/A on file 2023-08-18
= is there a registration (S-1/S-3 family) on file without a later withdrawal
no structured fee data on the live registrations, so this is a yes/no, not a size
Overhead supply
NOT COMPUTEDno warrant count tagged in XBRL
= warrant shares outstanding divided by current shares outstanding
absence of a tag is not proof of absence of warrants
Historical dilution
NOT COMPUTEDunder 3 years of share history on file
= share count now vs 3 years ago
Cash need
LOW~117.8 months of runway
= cash vs trailing operating burn (bands: 6mo / 24mo; positive operating CF = low)

Same rating bands the category standard uses, but free, with the formula on the chip and the gaps in the data said out loud.

Shares outstanding over time

Fewer than two cover-page share counts on file, so there is no history to chart.

Cash runway

Self-funding

generates cash

Full breakdown: cash runway tool · source filing →

Warrants

TrancheWarrantsExercise priceTermNotes
Public Warrantsnot taggednot taggedFV $276,000
Private Warrantsnot taggednot taggedFV $137,000

Tranches exactly as the company dimensioned them in its 10-Q filed Jul 30, 2026. Groupings can overlap (a “Series E and F” row is not additive with a “Series E” row), so do not sum this column. A tranche the filer did not tag is absent here, not absent from the cap table. DOWN-ROUND = the filer tagged price-protection accounting scoped to that tranche.

Balance-sheet fair value of warrants: $0 as of Dec 31, 2025.

Convertible notes

No convertible-note facts tagged in the 10-Q filed Jul 30, 2026. If convertible notes exist, their terms live in exhibit prose for this filer and are not parsed; absence of a tag is not proof of absence. The exhibits are the ground truth.

Registrations and offerings

Last 12 months: 0 executed · 0 registered.

EXECUTEDJan 30, 2025Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5
EXECUTEDJan 29, 2025Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5
EFFECTIVEAug 22, 2023SEC declared a registration effective — selling can beginEFFECT
REGISTEREDAug 18, 2023S-3/A registration — capacity to sell shares, not a sale yetS-3/A
EFFECTIVEAug 15, 2023SEC declared a registration effective — selling can beginEFFECT
REGISTEREDAug 8, 2023S-3 registration — capacity to sell shares, not a sale yetS-3
UPDATEAug 4, 2023Prospectus update — often a resale registration, not necessarily new capital424B3
UPDATEJul 14, 2023Prospectus update — often a resale registration, not necessarily new capital424B3
UPDATEJun 23, 2023Prospectus update — often a resale registration, not necessarily new capital424B3
UPDATEMay 12, 2023Prospectus update — often a resale registration, not necessarily new capital424B3
EFFECTIVEMay 9, 2023SEC declared a registration effective — selling can beginEFFECT
UPDATEMar 17, 2023Prospectus update — often a resale registration, not necessarily new capital424B3

Full history and shelf status: offering checker · S-3 shelf checker

Source: SEC EDGAR XBRL company facts and filing metadata, fetched live and cached briefly. Share counts are cover-page figures with their form named. Warrant tranches and convertible notes come from the dimensioned facts in the latest 10-Q/10-K instance document, exactly as the company tagged them; untagged tranches and notes are absent, not disproven. Nothing on this page is manually verified and nothing is behind a login: what free data supports is shown, what it cannot support is stated. Not investment advice.

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