Nuburu, Inc. (BURU)
CIK 1814215 · all EDGAR filings →
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
Latest: 179.0M shares as of May 15, 2026 (10-Q). Share count fell from 38.5M to 3.3M between Apr 30, 2024 and Aug 8, 2024, a pattern consistent with a reverse split (roughly 1-for-12); simultaneous issuance can skew the raw ratio, so confirm in the filings. The red bar marks the cliff.
Cash runway
Going-concern warning
auditor flagged substantial doubt
The company itself flagged going-concern doubt in a filing.
Full breakdown: cash runway tool · source filing →
Warrants
| Tranche | Warrants | Exercise price | Term | Notes |
|---|---|---|---|---|
| December Two Thousand Twenty Five Dollar YA Warrants | 46.1M | not tagged | — | — |
| February2026 Offering Common Warrant Shares | 32.8M | not tagged | — | — |
| Two Thousand Twenty Five Offering Common Stock Warrants | 25.3M | $0.8553 | — | — |
| Indigo Pre-Funded Warrants | 11.2M | not tagged | — | — |
| Two Thousand Twenty Five Offering Pre-Funded Warrants | 10.4M | $0.0005 | — | — |
| Offering Pre Funded Warrants | 10.4M | $0.0005 | — | — |
| February2026 Pre-Funded Warrant Shares | 10.2M | not tagged | — | — |
| Pre Funded Warrants | 1.9M | not tagged | — | — |
| Two Thousand Twenty Five Offering Placement Agent Warrants | 673,617 | $0.8907 | 5y | — |
| Offering Placement Agent Warrants | 673,617 | $0.8907 | — | — |
| February2026 Offering Placement Agent Warrants | 437,239 | $0.6861 | 5y | — |
| Junior Note Warrants | 110,221 | $24.95 | — | — |
Tranches exactly as the company dimensioned them in its 10-Q filed May 20, 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.
Warrants outstanding: 1.9M underlying shares, as reported Jun 16, 2023 (10-Q).
Reported exercise price: $1.03 (aggregate figure as tagged; individual tranches vary).
Rough fully diluted estimate: 180.9M = 179.0M O/S + 1.9M warrant shares. An estimate, not a filing figure: it ignores converts, options and RSUs, and the two inputs carry different as-of dates.
Convertible notes
| Note | Principal | Carrying | Conv. price | Rate | If converted |
|---|---|---|---|---|---|
| Two Thousand Twenty Six Brick Lane HK Investment Note | $15.0M | — | $0.756 | — | ~19.8M sh |
| Lyocon Convertible Notes | $1.3M | $1.3M | $1.47 | — | ~850,340 sh |
| Two Thousand and Twenty Five Diagonal Convertible Notes | not tagged | $285,662 | not tagged | — | — |
| Two Thousand and Twenty Five Brick Lane Convertible Notes | not tagged | $198,300 | not tagged | — | — |
| Two Thousand Twenty Five Brick Lane Convertible Note | not tagged | $125,000 | not tagged | — | — |
| Two Thousand and Twenty Five Bomore Convertible Notes | not tagged | $48,169 | not tagged | — | — |
| Two Thousand and Twenty Five Torcross Convertible Note | not tagged | $24,084 | not tagged | — | — |
| Two Thousand and Twenty Five Indigo Capital Convertible Notes | not tagged | $17,400 | not tagged | — | — |
| Two Thousand Twenty Five Bomore Exchange Convertible Note | not tagged | $0 | not tagged | — | — |
| Torcross Exchange Convertible Note | not tagged | $0 | not tagged | — | — |
If every note above converted at its tagged price: ~20.7M new shares on 179.0M currently outstanding. An estimate from principal ÷ conversion price, with inputs carrying different as-of dates; make-whole adjustments, capped calls and partial repurchases are not modeled.
Notes exactly as the company dimensioned them in its 10-Q filed May 20, 2026 →. Principal is face amount as tagged, not what remains after repurchases unless the filer updated the tag. A note the filer did not dimension is absent here, not absent from the balance sheet; the exhibits stay the ground truth.
Fully diluted build-up
Shares outstanding plus every potential-share instrument the filer tagged in XBRL, each at its own as-of date. An estimate assembled from filed figures, not a filing figure itself.
| Shares outstanding | 179.0M | May 15, 2026 |
| + December Two Thousand Twenty Five Dollar YA Warrants (if exercised) | 46.1M | Mar 31, 2026 |
| + February2026 Offering Common Warrant Shares (if exercised) | 32.8M | Feb 17, 2026 |
| + Two Thousand Twenty Five Offering Common Stock Warrants (if exercised) | 25.3M | Sep 16, 2025 |
| + Indigo Pre-Funded Warrants (if exercised) | 11.2M | Feb 6, 2026 |
| + Two Thousand Twenty Five Offering Pre-Funded Warrants (if exercised) | 10.4M | Sep 16, 2025 |
| + Offering Pre Funded Warrants (if exercised) | 10.4M | Dec 31, 2025 |
| + February2026 Pre-Funded Warrant Shares (if exercised) | 10.2M | Feb 17, 2026 |
| + Pre Funded Warrants (if exercised) | 1.9M | Feb 28, 2025 |
| + Two Thousand Twenty Five Offering Placement Agent Warrants (if exercised) | 673,617 | Sep 16, 2025 |
| + Offering Placement Agent Warrants (if exercised) | 673,617 | Sep 16, 2025 |
| + February2026 Offering Placement Agent Warrants (if exercised) | 437,239 | Feb 17, 2026 |
| + Junior Note Warrants (if exercised) | 110,221 | Nov 13, 2023 |
| + Two Thousand Twenty Six Brick Lane HK Investment Note (if fully converted) | 19.8M | Mar 31, 2026 |
| + Lyocon Convertible Notes (if fully converted) | 850,340 | Mar 31, 2026 |
| Fully diluted estimate | 349.7M | +95.3% vs O/S |
Still excluded, because the filer does not tag them in countable form: employee options and RSUs, any instrument living only in exhibit prose, and instruments above missing a share count. Inputs carry different as-of dates, shown per row. Each figure traces to the tranche and note tables above and their cited filings.
Registrations and offerings
Registered offering capacity on live registrations: $50.3Mfrom the structured fee exhibits; registered is not remaining, takedowns are not subtracted
Last 12 months: 13 executed · 10 registered.
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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