Eton Pharmaceuticals, Inc. (ETON)
CIK 1710340 · 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: 27.4M shares as of May 12, 2026 (10-Q).
Cash runway
Self-funding
generates cash
Full breakdown: cash runway tool
Warrants
| Tranche | Warrants | Exercise price | Term | Notes |
|---|---|---|---|---|
| SWK Warrants Debt Tranche3 | 289,736 | $5.32 | — | — |
| SWK Warrants Debt Tranche1 | 51,239 | $5.86 | — | — |
| SWK Warrants Debt Tranche2 | 18,141 | $6.62 | — | — |
Tranches exactly as the company dimensioned them in its 10-Q filed May 14, 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: 359,116 underlying shares, as reported Dec 31, 2024 (10-K).
Reported exercise price: $5.46 (aggregate figure as tagged; individual tranches vary).
Balance-sheet fair value of warrants: $1.2M as of Sep 30, 2024.
Rough fully diluted estimate: 27.8M = 27.4M O/S + 359,116 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 May 14, 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.
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 | 27.4M | May 12, 2026 |
| + SWK Warrants Debt Tranche3 (if exercised) | 289,736 | Mar 31, 2026 |
| + SWK Warrants Debt Tranche1 (if exercised) | 51,239 | Mar 31, 2026 |
| + SWK Warrants Debt Tranche2 (if exercised) | 18,141 | Mar 31, 2026 |
| Fully diluted estimate | 27.8M | +1.3% 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
Last 12 months: 0 executed · 0 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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