The company can sell stock into the market any day at prevailing prices — steady supply.
Radar 66 (elevated attention) · dilution pressure high · listing risk elevated · governance risk elevated · runway 1.1 mo · strongest signal: Late filing (NT) (Aug 14, 2026)
Direction is stated for existing shareholders (▼ more shares / survival or listing risk; ▲ insiders or holders buying). It is a characterization of the filings, not a forecast or a recommendation.
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Runway = liquidity ÷ monthly operating burn at the latest reported period · balance sheet 138 days old. A financing after the balance-sheet date is the main reason a figure can be stale — check the timeline below for offerings since then.
Last 30 days of filing signals plus current balance-sheet flags, newest first. ▼ pressure · ▲ support · hover a score for its components; every row links to the filing.
| Date | Signal | Evidence | Score |
|---|---|---|---|
| Aug 14, 2026 | ▼ Late filing (NT) | NT 10-Q filed 2026-08-14 filing | 51 |
| Aug 12, 2026 | ▼ ATM program | “atm” language in S-3 (S-3) filed 2026-08-12 filing | 34 |
| Aug 12, 2026 | ▼ Shelf filed | S-3 filed 2026-08-12 filing | 30 |
| Jul 31, 2026 | ▼ Unregistered sale | 8-K Item 3.02 filed 2026-07-31 (accepted 21:38 ET) filing | 35 |
| Jul 31, 2026 | ▼ Reverse split | “reverse split” language in 8-K/A (EX-10.1) filed 2026-07-31 filing | 32 |
| Jul 30, 2026 | ▼ Unregistered sale | 8-K Item 3.02 filed 2026-07-30 (accepted 16:02 ET) filing | 34 |
| Jul 30, 2026 | ▼ Reverse split | “reverse split” language in 8-K (EX-10.1) filed 2026-07-30 filing | 32 |
| Jul 22, 2026 | ▼ New debt obligation | 8-K Item 2.03 filed 2026-07-22 (accepted 16:53 ET) filing | 29 |
| Mar 31, 2026 | ▼ Runway < 6 months | ~1.1 months runway: liquidity $2,205,000 as of 2026-03-31, burn $23,610,000/yr (latest fiscal-year operating cash flow (quarter too short to annualize) [companyfacts]) filing | 43 |
| Mar 31, 2026 | ▼ Share count +25% | Shares outstanding 614,308,267 (2026-03-17) -> 855,561,995 (2026-05-11), +39% filing | 34 |
| Mar 31, 2026 | ▼ Cash < current liabilities | Liquidity $2,205,000 vs current liabilities $23,024,000 filing | 21 |