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

Knightscope, Inc. (KSCP)

CIK 1600983 · 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-3 on file 2025-04-04
= 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 = 0% 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
HIGH+218% O/S in 3y
= share count now vs 3 years ago (bands: 30% / 100%); a reverse split pushes this negative
Cash need
HIGH~4.5 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

2022-03-042023-11-08

Latest: 75.4M shares as of Nov 8, 2023 (10-Q).

Cash runway

~5 months of cash left

critical · burning $7.6M / quarter

Full breakdown: cash runway tool · source filing →

Warrants

TrancheWarrantsExercise priceTermNotes
Common Stock Warrants186,411not tagged
Common Stock Warrants Previously Series S Preferred Stock31 December2027 Expiry121,455$93.87
Common Stock Warrants November2024 Offering Underwriter Warrants21 November2029 Expiry36,300$18.29
Common Stock Warrants Previously Series M3 Preferred Stock31 December2027 Expiry28,656$200

Tranches exactly as the company dimensioned them in its 10-Q filed May 15, 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: 150,111 underlying shares, as reported Sep 30, 2024 (10-Q).

Reported exercise price: $2.5 (aggregate figure as tagged; individual tranches vary).

Balance-sheet fair value of warrants: $6.0M as of Dec 31, 2023.

Rough fully diluted estimate: 75.5M = 75.4M O/S + 150,111 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 15, 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 outstanding75.4MNov 8, 2023
+ Common Stock Warrants (if exercised)186,411Mar 31, 2026
+ Common Stock Warrants Previously Series S Preferred Stock31 December2027 Expiry (if exercised)121,455Mar 31, 2026
+ Common Stock Warrants November2024 Offering Underwriter Warrants21 November2029 Expiry (if exercised)36,300Mar 31, 2026
+ Common Stock Warrants Previously Series M3 Preferred Stock31 December2027 Expiry (if exercised)28,656Mar 31, 2026
Fully diluted estimate75.8M+0.5% 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

S-3Apr 4, 2025no structured fee exhibit in this filing (predates fee-data XBRL or fee deferred)filing →

Last 12 months: 1 executed · 0 registered.

EXECUTEDMar 3, 2026Unregistered share sale disclosed (8-K item 3.02)8-K
EXECUTEDJul 18, 2025Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5
EFFECTIVEApr 11, 2025SEC declared a registration effective — selling can beginEFFECT
REGISTEREDApr 4, 2025S-3 registration — capacity to sell shares, not a sale yetS-3
EXECUTEDMar 31, 2025Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5
EXECUTEDNov 22, 2024Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5
EXECUTEDNov 21, 2024Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5
EXECUTEDNov 14, 2024Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5
EXECUTEDOct 11, 2024Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5
EXECUTEDJun 7, 2024Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5
EXECUTEDApr 8, 2024Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5
EXECUTEDAug 18, 2023Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5

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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