HIGHworst of 2 computed sub-ratings (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
HIGHS-1/A on file 2026-04-28
= 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
LOW-11% O/S in 3y
= share count now vs 3 years ago (bands: 30% / 100%); a reverse split pushes this negative
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: 1.8M shares as of Sep 21, 2026 (10-K).⊙
EVIDENCE — filed/published fact
SourceSEC XBRL, cover-page share count
Fielddei:EntityCommonStockSharesOutstanding
As of2026-09-21
HowThe newest cover-page count as filed, whatever its age. The float checker applies a 200-day freshness rule and sets this beside the balance-sheet count.
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
No convertible-note facts tagged in the 10-K filed Sep 23, 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.
Registrations and offerings
S-1Oct 29, 2025fee exhibit found but no total offering amount (fees deferred, typical for automatic shelves)filing →
Last 12 months: 0 executed · 4 registered.
UPDATESep 24, 2026Prospectus update — often a resale registration, not necessarily new capital424B3 →
UPDATEAug 26, 2026Prospectus update — often a resale registration, not necessarily new capital424B3 →
UPDATEJun 25, 2026Prospectus update — often a resale registration, not necessarily new capital424B3 →
UPDATEMay 11, 2026Prospectus update — often a resale registration, not necessarily new capital424B3 →
EFFECTIVEMay 11, 2026SEC declared a registration effective — selling can beginEFFECT →
REGISTEREDApr 28, 2026S-1/A registration — capacity to sell shares, not a sale yetS-1/A →
REGISTEREDApr 14, 2026S-1/A registration — capacity to sell shares, not a sale yetS-1/A →
REGISTEREDFeb 13, 2026S-1/A registration — capacity to sell shares, not a sale yetS-1/A →
REGISTEREDOct 29, 2025S-1 registration — capacity to sell shares, not a sale yetS-1 →
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.