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

PARKERVISION INC (PRKR)

CIK 914139 · 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
HIGHS-3 on file 2025-05-20
= 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
LOWwarrants = 7% 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
MEDIUM+72% 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
HIGH~5.8 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

2020-11-122026-07-31

Latest: 148.2M shares as of Jul 31, 2026 (10-Q). Share count fell from 98.9M to 11.5M between Nov 4, 2015 and Mar 30, 2016, a pattern consistent with a reverse split (roughly 1-for-9); 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
Common Stock Warrants2.5M$0.6FV $1.2M

Tranches exactly as the company dimensioned them in its 10-Q filed Aug 6, 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: 9.7M underlying shares, as reported Dec 31, 2024 (10-K).

Reported exercise price: $1 (aggregate figure as tagged; individual tranches vary).

Balance-sheet fair value of warrants: $1.3M as of Dec 31, 2019.

Rough fully diluted estimate: 157.9M = 148.2M O/S + 9.7M 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

NotePrincipalCarryingConv. priceRateIf converted
Convertible Notes Dated Juneaugust 2022not tagged$808,000$0.138%
Convertible Notes Dated July 182019not tagged$500,000$0.087.5%
Convertible Notes Dated January 112023not tagged$500,000$0.119%
Convertible Notes Dated January 82020not tagged$400,000$0.138%
Convertible Notes Dated January 132023not tagged$100,000$0.169%
Convertible Note Dated September 182018not tagged$0$0.258%
Convertible Notes Dated February March 2019not tagged$0$0.258%
Convertible Notes Dated Junejuly 2019not tagged$0$0.18%
Convertible Note Maturing March 2026not tagged$0.21

Notes exactly as the company dimensioned them in its 10-Q filed Aug 6, 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.

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 outstanding148.2MJul 31, 2026
+ Common Stock Warrants (if exercised)2.5MJun 30, 2026
Fully diluted estimate150.7M+1.7% 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

S-3May 20, 2025no structured fee exhibit in this filing (predates fee-data XBRL or fee deferred)filing →
S-3Apr 11, 2025no structured fee exhibit in this filing (predates fee-data XBRL or fee deferred)filing →

Last 12 months: 3 executed · 0 registered.

UPDATEAug 6, 2026Prospectus update — often a resale registration, not necessarily new capital424B3
UPDATEAug 6, 2026Prospectus update — often a resale registration, not necessarily new capital424B3
UPDATEAug 6, 2026Prospectus update — often a resale registration, not necessarily new capital424B3
UPDATEAug 6, 2026Prospectus update — often a resale registration, not necessarily new capital424B3
UPDATEAug 6, 2026Prospectus update — often a resale registration, not necessarily new capital424B3
UPDATEAug 6, 2026Prospectus update — often a resale registration, not necessarily new capital424B3
UPDATEAug 6, 2026Prospectus update — often a resale registration, not necessarily new capital424B3
UPDATEAug 6, 2026Prospectus update — often a resale registration, not necessarily new capital424B3
UPDATEAug 6, 2026Prospectus update — often a resale registration, not necessarily new capital424B3
UPDATEMay 21, 2026Prospectus update — often a resale registration, not necessarily new capital424B3
UPDATEMay 21, 2026Prospectus update — often a resale registration, not necessarily new capital424B3
UPDATEMay 21, 2026Prospectus update — often a resale registration, not necessarily new capital424B3

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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