HIGHworst of 2 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
HIGHS-3 on file 2025-02-07
= 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-75% 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
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: 3.0M shares as of Aug 7, 2026 (10-Q). Share count fell from 52.1M to 1.7M between Mar 20, 2025 and May 15, 2025, a pattern consistent with a reverse split (roughly 1-for-30); simultaneous issuance can skew the raw ratio, so confirm in the filings. The red bar marks the cliff.
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-Q filed Aug 7, 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-3Feb 7, 2025no structured fee exhibit in this filing (predates fee-data XBRL or fee deferred)filing →
S-1Nov 22, 2024no structured fee exhibit in this filing (predates fee-data XBRL or fee deferred)filing →
S-3Jan 26, 2024no structured fee exhibit in this filing (predates fee-data XBRL or fee deferred)filing →
Last 12 months: 0 executed · 0 registered.
UPDATESep 23, 2025Prospectus update — often a resale registration, not necessarily new capital424B3 →
EFFECTIVESep 19, 2025SEC declared a registration effective — selling can beginEFFECT →
UPDATESep 12, 2025Prospectus update — often a resale registration, not necessarily new capital424B3 →
EFFECTIVESep 9, 2025SEC declared a registration effective — selling can beginEFFECT →
UPDATEMar 25, 2025Prospectus update — often a resale registration, not necessarily new capital424B3 →
UPDATEMar 25, 2025Prospectus update — often a resale registration, not necessarily new capital424B3 →
EXECUTEDFeb 14, 2025Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5 →
EFFECTIVEFeb 14, 2025SEC declared a registration effective — selling can beginEFFECT →
REGISTEREDFeb 7, 2025S-3 registration — capacity to sell shares, not a sale yetS-3 →
UPDATEDec 3, 2024Prospectus update — often a resale registration, not necessarily new capital424B3 →
EFFECTIVEDec 3, 2024SEC declared a registration effective — selling can beginEFFECT →
REGISTEREDNov 22, 2024S-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.