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: 3.7M shares as of Aug 13, 2026 (10-Q).⊙
EVIDENCE — filed/published fact
SourceSEC XBRL, cover-page share count
Fielddei:EntityCommonStockSharesOutstanding
As of2026-08-13
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.
Share count fell from 9.6M to 3.7M between May 14, 2026 and Aug 13, 2026, a pattern consistent with a reverse split (roughly 1-for-3); simultaneous issuance can skew the raw ratio, so confirm in the filings. The red bar marks the cliff.
Tranches exactly as the company dimensioned them in its 10-Q filed Aug 13, 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.
Balance-sheet fair value of warrants: $6.9M as of Dec 31, 2024.
Convertible notes
Note
Principal
Carrying
Conv. price
Rate
If converted
Working Capital Loans
not tagged
—
$10
—
—
Working Capital Note
not tagged
—
$10
—
—
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
Last 12 months: 2 executed · 0 registered.
EXECUTEDJul 13, 2026Unregistered share sale disclosed (8-K item 3.02)8-K →
EXECUTEDMay 21, 2026Unregistered share sale disclosed (8-K item 3.02)8-K →
EXECUTEDApr 21, 2025Unregistered share sale disclosed (8-K item 3.02)8-K →
EXECUTEDNov 25, 2024Unregistered share sale disclosed (8-K item 3.02)8-K →
UPDATENov 21, 2024Prospectus update — often a resale registration, not necessarily new capital424B3 →
EFFECTIVENov 12, 2024SEC declared a registration effective — selling can beginEFFECT →
REGISTEREDOct 25, 2024S-1/A registration — capacity to sell shares, not a sale yetS-1/A →
REGISTEREDOct 23, 2024S-1/A registration — capacity to sell shares, not a sale yetS-1/A →
REGISTEREDSep 5, 2024S-1/A registration — capacity to sell shares, not a sale yetS-1/A →
REGISTEREDAug 23, 2024S-1/A registration — capacity to sell shares, not a sale yetS-1/A →
REGISTEREDJul 26, 2024S-1/A registration — capacity to sell shares, not a sale yetS-1/A →
REGISTEREDMay 22, 2024S-1/A registration — capacity to sell shares, not a sale yetS-1/A →
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.