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
HIGHF-3 on file 2024-09-12
= 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-91% 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: 18.2M shares as of Dec 31, 2025 (20-F). Share count fell from 197.6M to 18.1M between Dec 31, 2023 and Dec 31, 2024, a pattern consistent with a reverse split (roughly 1-for-11); 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
The latest 10-Q/10-K instance document could not be checked just now, so nothing is shown rather than guessed. Try again shortly.
Registrations and offerings
F-3Sep 12, 2024no structured fee exhibit in this filing (predates fee-data XBRL or fee deferred)filing →
F-3Jun 28, 2024no structured fee exhibit in this filing (predates fee-data XBRL or fee deferred)filing →
Last 12 months: 0 executed · 0 registered.
UPDATEJul 29, 2026Prospectus update — often a resale registration, not necessarily new capital424B3 →
UPDATENov 13, 2024Prospectus update — often a resale registration, not necessarily new capital424B3 →
EFFECTIVESep 24, 2024SEC declared a registration effective — selling can beginEFFECT →
REGISTEREDSep 12, 2024F-3 registration — capacity to sell shares, not a sale yetF-3 →
UPDATESep 11, 2024Prospectus update — often a resale registration, not necessarily new capital424B3 →
UPDATEJul 10, 2024Prospectus update — often a resale registration, not necessarily new capital424B3 →
EFFECTIVEJul 10, 2024SEC declared a registration effective — selling can beginEFFECT →
REGISTEREDJun 28, 2024F-3 registration — capacity to sell shares, not a sale yetF-3 →
UPDATEMay 28, 2024Prospectus update — often a resale registration, not necessarily new capital424B3 →
UPDATEMay 28, 2024Prospectus update — often a resale registration, not necessarily new capital424B3 →
UPDATEMay 28, 2024Prospectus update — often a resale registration, not necessarily new capital424B3 →
UPDATEApr 30, 2024Prospectus update — often a resale registration, not necessarily new capital424B3 →
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.