QUANTUM CORP /DE/ (QMCO)
CIK 709283 · 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: 39.4M shares as of Aug 6, 2026 (10-Q). Share count fell from 95.8M to 4.8M between Jun 25, 2024 and Aug 13, 2024, a pattern consistent with a reverse split (roughly 1-for-20); 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
| Tranche | Warrants | Exercise price | Term | Notes |
|---|---|---|---|---|
| Forbearance Warrants | 2.7M | $5.194 | 6.2y | FV $30.4M |
| Conversion Warrants | 105,911 | $5.194 | 4.9y | FV $1.3M |
| July2024 Warrants | 50,000 | $8.2 | — | — |
| Term Loan Warrant | not tagged | $20 | — | — |
| Conversion Warrant Liabilities | not tagged | not tagged | — | FV $1.3M |
Tranches exactly as the company dimensioned them in its 10-Q filed Aug 11, 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: 678,000 underlying shares, as reported Dec 31, 2024 (10-Q).
Reported exercise price: $1.33 (aggregate figure as tagged; individual tranches vary).
Balance-sheet fair value of warrants: $31.7M as of Jun 30, 2026.
Down-round (price protection) accounting has been tagged in this filer’s XBRL: some instrument carries repricing protection. Which tranche requires reading the exhibits.
Rough fully diluted estimate: 40.1M = 39.4M O/S + 678,000 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
| Note | Principal | Carrying | Conv. price | Rate | If converted |
|---|---|---|---|---|---|
| Convertible Debt | not tagged | — | $5.194 | 10% | — |
Notes exactly as the company dimensioned them in its 10-Q filed Aug 11, 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 outstanding | 39.4M | Aug 6, 2026 |
| + Forbearance Warrants (if exercised) | 2.7M | Sep 23, 2025 |
| + Conversion Warrants (if exercised) | 105,911 | Jun 1, 2026 |
| + July2024 Warrants (if exercised) | 50,000 | Jul 11, 2024 |
| Fully diluted estimate | 42.2M | +7.1% 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: $259.0Mfrom the structured fee exhibits; registered is not remaining, takedowns are not subtracted
Last 12 months: 3 executed · 3 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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