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

DataMeds AI, Inc. (MEDS)

CIK 2030763 · 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
HIGH$311M registered
= total registered offering amount from the fee exhibits of live registrations (bands: $1M / $20M)
registered capacity, not remaining: amounts already taken down are not subtracted yet
Overhead supply
MEDIUMwarrants = 36% 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-94% 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
HIGH~2.7 months of runway
= cash vs trailing operating burn (bands: 6mo / 24mo; positive operating CF = low)
the company itself flagged going-concern doubt

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

2025-03-202026-08-17

Latest: 3.1M shares as of Aug 17, 2026 (10-Q). Share count fell from 125.7M to 3.1M between May 19, 2026 and Aug 17, 2026, a pattern consistent with a reverse split (roughly 1-for-41); simultaneous issuance can skew the raw ratio, so confirm in the filings. The red bar marks the cliff.

Cash runway

Going-concern warning

auditor flagged substantial doubt

The company itself flagged going-concern doubt in a filing.

Full breakdown: cash runway tool · source filing →

Warrants

Warrants outstanding: 1.1M underlying shares, as reported Jan 20, 2026 (10-Q).

Reported exercise price: $0.01 (aggregate figure as tagged; individual tranches vary).

Balance-sheet fair value of warrants: $1.3M as of Mar 31, 2026.

Rough fully diluted estimate: 4.2M = 3.1M O/S + 1.1M 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

NotePrincipalCarryingConv. priceRateIf converted
New Convertible Notes$20.3M—not tagged——
New Convertible Promissory Notes$9.6M$20.3Mnot tagged——
Original Convertible Promissory Notes$9.6M—not tagged——
Secured Convertible Promissory Notes$8.1M—not tagged——
Convertible Promissory Notes$1.5M—not tagged——

Notes exactly as the company dimensioned them in its 10-Q filed Aug 17, 2026 →. Principal is face amount as tagged, not what remains after repurchases unless the filer updated the tag. A note the filer did not dimension is absent here, not absent from the balance sheet; the exhibits stay 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 outstanding3.1MAug 17, 2026
+ Warrants (aggregate, as tagged) (if exercised)1.1MJan 20, 2026
Fully diluted estimate4.2M+35.8% 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

Registered offering capacity on live registrations: $310.5Mfrom the structured fee exhibits; registered is not remaining, takedowns are not subtracted

S-1Aug 7, 2026$100.1M registeredfiling →
S-3Apr 15, 2026$200.0M registeredfiling →
S-1Jul 24, 2025$10.4M registeredfiling →

Last 12 months: 9 executed · 2 registered.

EXECUTEDSep 16, 2026Unregistered share sale disclosed (8-K item 3.02)8-K →
REGISTEREDAug 7, 2026S-1 registration — capacity to sell shares, not a sale yetS-1 →
EXECUTEDMay 29, 2026Unregistered share sale disclosed (8-K item 3.02)8-K →
EXECUTEDMay 21, 2026Unregistered share sale disclosed (8-K item 3.02)8-K →
EFFECTIVEMay 7, 2026SEC declared a registration effective — selling can beginEFFECT →
EXECUTEDApr 17, 2026Unregistered share sale disclosed (8-K item 3.02)8-K →
REGISTEREDApr 15, 2026S-3 registration — capacity to sell shares, not a sale yetS-3 →
EXECUTEDApr 7, 2026Unregistered share sale disclosed (8-K item 3.02)8-K →
EXECUTEDFeb 13, 2026Unregistered share sale disclosed (8-K item 3.02)8-K →
EXECUTEDJan 20, 2026Unregistered share sale disclosed (8-K item 3.02)8-K →
EXECUTEDJan 8, 2026Unregistered share sale disclosed (8-K item 3.02)8-K →
EXECUTEDSep 29, 2025Final prospectus — offering priced (typical for IPOs and marketed share deals)424B4 →

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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