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-3 on file 2023-04-28
= 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
MEDIUM+69% 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: 1.46B shares as of Jun 30, 2025 (20-F). Share count fell from 3.39B to 487.6M between Jun 30, 2019 and Jun 30, 2020, 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
The latest 10-Q/10-K instance document could not be checked just now, so nothing is shown rather than guessed. Try again shortly.
Registrations and offerings
Last 12 months: 0 executed · 0 registered.
EFFECTIVEMay 5, 2023SEC declared a registration effective — selling can beginEFFECT →
REGISTEREDApr 28, 2023F-3 registration — capacity to sell shares, not a sale yetF-3 →
EFFECTIVEOct 30, 2019SEC declared a registration effective — selling can beginEFFECT →
REGISTEREDOct 15, 2019F-3 registration — capacity to sell shares, not a sale yetF-3 →
UPDATEFeb 14, 2019Prospectus update — often a resale registration, not necessarily new capital424B3 →
EFFECTIVEFeb 12, 2019SEC declared a registration effective — selling can beginEFFECT →
REGISTEREDJan 14, 2019F-3 registration — capacity to sell shares, not a sale yetF-3 →
EXECUTEDDec 19, 2018Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5 →
EFFECTIVENov 2, 2017SEC declared a registration effective — selling can beginEFFECT →
REGISTEREDOct 19, 2017F-3 registration — capacity to sell shares, not a sale yetF-3 →
EXECUTEDJun 30, 2017Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5 →
EXECUTEDJun 29, 2017Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5 →
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.