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
HIGHF-1/A on file 2024-06-21
= 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
LOW-97% O/S in 3y
= share count now vs 3 years ago (bands: 30% / 100%); a reverse split pushes this negative
a reverse-split-sized cliff is in this window; read the chart
Cash need
NOT COMPUTEDrunway not computable from latest facts
= cash vs trailing operating burn
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: 1.3M shares as of Dec 31, 2025 (20-F). Share count fell from 8.4M to 1.3M between Dec 31, 2024 and Dec 31, 2025, a pattern consistent with a reverse split (roughly 1-for-7); simultaneous issuance can skew the raw ratio, so confirm in the filings. The red bar marks the cliff.
No warrant figures tagged in this filer’s XBRL facts. That means the company has not reported them in structured form; it does not prove no warrants exist. The exhibits are the ground truth.
Convertible notes
No convertible-note facts tagged in the 10-K filed Apr 16, 2002. 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
F-1Mar 18, 2024no structured fee exhibit in this filing (predates fee-data XBRL or fee deferred)filing →
Last 12 months: 0 executed · 0 registered.
EXECUTEDMay 15, 2025Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5 →
EFFECTIVEFeb 27, 2025SEC declared a registration effective — selling can beginEFFECT →
EFFECTIVEJul 3, 2024SEC declared a registration effective — selling can beginEFFECT →
REGISTEREDJun 21, 2024F-1/A registration — capacity to sell shares, not a sale yetF-1/A →
REGISTEREDMay 24, 2024F-1/A registration — capacity to sell shares, not a sale yetF-1/A →
REGISTEREDMar 18, 2024F-1 registration — capacity to sell shares, not a sale yetF-1 →
EXECUTEDFeb 21, 2024Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5 →
EFFECTIVEFeb 10, 2023SEC declared a registration effective — selling can beginEFFECT →
REGISTEREDFeb 3, 2023F-3/A registration — capacity to sell shares, not a sale yetF-3/A →
REGISTEREDDec 30, 2022F-3/A registration — capacity to sell shares, not a sale yetF-3/A →
REGISTEREDNov 18, 2022F-3 registration — capacity to sell shares, not a sale yetF-3 →
EXECUTEDFeb 19, 2021Final prospectus — offering priced (typical for IPOs and marketed share deals)424B4 →
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.