Is SKYQ diluting shareholders?

Read three numbers together: shares outstanding over time (8.8M as of 2026-08-12), warrants that can convert into new shares, and how much cash runway remains (~29.316362220829586 months). A company short on cash with live registrations is structurally likely to issue shares.

Where do these numbers come from?

SEC EDGAR only: the XBRL company-facts API for shares, warrants and cash, and filing metadata for registrations and pricings. Every figure shows its source form, and nothing here is estimated by us beyond the arithmetic stated next to it.

Why might a warrant tranche be missing from the table?

The tranche table is built from the dimensions the company tagged in its own 10-Q or 10-K XBRL. A tranche the filer chose not to dimension does not appear, and its absence proves nothing: the exhibits remain the ground truth. Everything shown carries the filing it came from.

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

Sky Quarry Inc. (SKYQ)

CIK 1812447 · all EDGAR filings →

Overall dilution risk

HIGHworst of 3 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

HIGH$1000M registered

= total registered offering amount from the fee exhibits of live registrations (bands: $1M / $20M)

one or more live registrations had no structured fee data, so the true total is AT LEAST this

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

LOW-53% 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

LOW~29.3 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

Latest: 8.8M shares as of Aug 12, 2026 (10-Q). Share count fell from 24.8M to 3.8M between Nov 13, 2025 and Mar 31, 2026, 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.

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

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

Note	Principal	Carrying	Conv. price	Rate	If converted
Convertible Debt	not tagged	$4.0M	not tagged	—	—

Notes exactly as the company dimensioned them in its 10-Q filed Aug 13, 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.

Registrations and offerings

Registered offering capacity on live registrations: $1000.0Mfrom the structured fee exhibits; registered is not remaining, takedowns are not subtracted

S-3Nov 21, 2025$1000.0M registeredfiling →

S-1Jul 18, 2025no structured fee exhibit in this filing (predates fee-data XBRL or fee deferred)filing →

Last 12 months: 3 executed · 3 registered.

EXECUTEDApr 22, 2026Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5 →

EXECUTEDJan 12, 2026Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5 →

EFFECTIVEDec 18, 2025SEC declared a registration effective — selling can beginEFFECT →

EXECUTEDDec 15, 2025Unregistered share sale disclosed (8-K item 3.02)8-K →

REGISTEREDNov 21, 2025S-3 registration — capacity to sell shares, not a sale yetS-3 →

UPDATESep 25, 2025Prospectus update — often a resale registration, not necessarily new capital424B3 →

EFFECTIVESep 23, 2025SEC declared a registration effective — selling can beginEFFECT →

REGISTEREDSep 11, 2025S-1/A registration — capacity to sell shares, not a sale yetS-1/A →

REGISTEREDAug 26, 2025S-1/A registration — capacity to sell shares, not a sale yetS-1/A →

REGISTEREDJul 18, 2025S-1 registration — capacity to sell shares, not a sale yetS-1 →

EXECUTEDJul 15, 2025Unregistered share sale disclosed (8-K item 3.02)8-K →

EXECUTEDApr 8, 2025Unregistered share sale disclosed (8-K item 3.02)8-K →

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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