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

Bluejay Diagnostics, Inc. (BJDX)

CIK 1704287 · 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$68.1M 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
LOWwarrants = 3% 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+261% 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
MEDIUM~19 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

2021-12-062026-08-07

Latest: 4.5M shares as of Aug 7, 2026 (10-Q). Share count fell from 26.9M to 554,012 between Nov 4, 2024 and Mar 21, 2025, a pattern consistent with a reverse split (roughly 1-for-49); 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

TrancheWarrantsExercise priceTermNotes
June2026 Pre Funded Warrants3.7M$0.0001
Series H Warrants3.7M$2.075
Series G Warrants For Common Stock3.7M$2.0755y
Series H Warrants For Common Stock3.7M$2.0752y
Pre Funded Warrants3.4Mnot tagged
June2026 Pre Funded Warrants For Common Stock2.7M$0.0001
Series F Warrants1.1M$71.5y
Series F Warrants For Common Stock1.1M$74.8y
Class F Warrants1.1M$75y
October Twenty Twenty Five Pre Funded Warrants518,750$0.0004
Two Thousand Twenty Five Prefunded Warrants518,750$0.0004
Class C Warrants271,277$0.5

Tranches exactly as the company dimensioned them in its 10-Q filed Aug 12, 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: 128,438 underlying shares, as reported Dec 31, 2022 (10-K).

Reported exercise price: $98 (aggregate figure as tagged; individual tranches vary).

Rough fully diluted estimate: 4.6M = 4.5M O/S + 128,438 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 Aug 12, 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 outstanding4.5MAug 7, 2026
+ June2026 Pre Funded Warrants (if exercised)3.7MJun 2, 2026
+ Series H Warrants (if exercised)3.7MJun 30, 2026
+ Series G Warrants For Common Stock (if exercised)3.7MJun 30, 2026
+ Series H Warrants For Common Stock (if exercised)3.7MJun 30, 2026
+ Pre Funded Warrants (if exercised)3.4MAug 7, 2026
+ June2026 Pre Funded Warrants For Common Stock (if exercised)2.7MJun 30, 2026
+ Series F Warrants (if exercised)1.1MOct 9, 2025
+ Series F Warrants For Common Stock (if exercised)1.1MJun 30, 2026
+ Class F Warrants (if exercised)1.1MOct 31, 2025
+ October Twenty Twenty Five Pre Funded Warrants (if exercised)518,750Oct 9, 2025
+ Two Thousand Twenty Five Prefunded Warrants (if exercised)518,750Oct 9, 2025
+ Class C Warrants (if exercised)271,277Apr 30, 2025
Fully diluted estimate29.9M+569.5% 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

Registered offering capacity on live registrations: $68.1Mfrom the structured fee exhibits; registered is not remaining, takedowns are not subtracted

S-3Jun 17, 2026$50.1M registeredfiling →
S-3Oct 23, 2025$18.0M registeredfiling →
S-3Apr 29, 2025no structured fee exhibit in this filing (predates fee-data XBRL or fee deferred)filing →

Last 12 months: 3 executed · 2 registered.

UPDATEJun 26, 2026Prospectus update — often a resale registration, not necessarily new capital424B3
EFFECTIVEJun 26, 2026SEC declared a registration effective — selling can beginEFFECT
REGISTEREDJun 17, 2026S-3 registration — capacity to sell shares, not a sale yetS-3
EXECUTEDJun 8, 2026Unregistered share sale disclosed (8-K item 3.02)8-K
EXECUTEDMar 17, 2026Unregistered share sale disclosed (8-K item 3.02)8-K
UPDATENov 26, 2025Prospectus update — often a resale registration, not necessarily new capital424B3
EFFECTIVENov 26, 2025SEC declared a registration effective — selling can beginEFFECT
REGISTEREDOct 23, 2025S-3 registration — capacity to sell shares, not a sale yetS-3
EXECUTEDOct 14, 2025Unregistered share sale disclosed (8-K item 3.02)8-K
UPDATEMay 8, 2025Prospectus update — often a resale registration, not necessarily new capital424B3
EFFECTIVEMay 7, 2025SEC declared a registration effective — selling can beginEFFECT
REGISTEREDApr 29, 2025S-3 registration — capacity to sell shares, not a sale yetS-3

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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