Is ESTA diluting shareholders?

Read three numbers together: shares outstanding over time (29.8M as of 2026-08-06), warrants that can convert into new shares (659,403 reported), and how much cash runway remains (~16.779013558655926 months). A company short on cash with live registrations is structurally likely to issue shares.

Where do these numbers come from?

SEC EDGAR only: the XBRL company-facts API for shares, warrants and cash, and filing metadata for registrations and pricings. Every figure shows its source form, and nothing here is estimated by us beyond the arithmetic stated next to it.

Why might a warrant tranche be missing from the table?

The tranche table is built from the dimensions the company tagged in its own 10-Q or 10-K XBRL. A tranche the filer chose not to dimension does not appear, and its absence proves nothing: the exhibits remain the ground truth. Everything shown carries the filing it came from.

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

ESTABLISHMENT LABS HOLDINGS INC. (ESTA)

CIK 1688757 · all EDGAR filings →

Overall dilution risk

HIGHworst of 4 computed signals (offering ability)

= the worst band among the computed sub-ratings, no hidden weighting

Offering ability

HIGHS-3ASR on file 2023-04-24

= 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

LOWwarrants = 2% of O/S

= warrant shares outstanding divided by current shares outstanding (bands: 20% / 50%)

warrants only; converts, ATMs and equity lines are not in free structured data, so the true overhead is AT LEAST this

Historical dilution

LOW+16% O/S in 3y

= share count now vs 3 years ago (bands: 30% / 100%); a reverse split pushes this negative

Cash need

MEDIUM~16.8 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

Latest: 29.8M shares as of Aug 6, 2026 (10-Q).

Cash runway

Funded — but tight

~17 months of cash · watch

Full breakdown: cash runway tool · source filing →

Warrants

Tranche	Warrants	Exercise price	Term	Notes
Pre Funded Warrant	328,154	not tagged	—	—
Warrants Issued January92024	164,367	$0.001	—	—
Warrants Issued November72024	164,077	$0.001	—	—
Warrants Issued September52025	16,407	$0.001	—	—

Tranches exactly as the company dimensioned them in its 10-Q filed May 8, 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: 659,403 underlying shares, as reported Mar 31, 2026 (10-Q).

Balance-sheet fair value of warrants: $2.3M as of Jun 30, 2019.

Rough fully diluted estimate: 30.5M = 29.8M O/S + 659,403 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

No convertible-note facts tagged in the 10-Q filed Aug 7, 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.

EXECUTEDNov 8, 2024Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5 →

UPDATEJan 31, 2024Resale prospectus — existing holders registering to sell424B7 →

EXECUTEDJan 9, 2024Unregistered share sale disclosed (8-K item 3.02)8-K →

EXECUTEDApr 26, 2023Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5 →

REGISTEREDApr 24, 2023Automatic shelf registration — effective immediately (large filers)S-3ASR →

EXECUTEDApr 24, 2023Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5 →

EXECUTEDJan 30, 2020Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5 →

EXECUTEDJan 28, 2020Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5 →

EFFECTIVENov 22, 2019SEC declared a registration effective — selling can beginEFFECT →

REGISTEREDNov 12, 2019S-3 registration — capacity to sell shares, not a sale yetS-3 →

EXECUTEDJul 20, 2018Final prospectus — offering priced (typical for IPOs and marketed share deals)424B4 →

REGISTEREDJul 18, 2018S-1MEF registration — capacity to sell shares, not a sale yetS-1MEF →

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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