Reverse splits are how companies cure bid-price deficiencies; under 2026 rules they get one per 12 months.
Radar 61 (elevated attention) · dilution pressure elevated · listing risk elevated · governance risk low · runway 0.5 mo · strongest signal: Runway < 6 months (Jun 30, 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.
No note yet. Notes are written each morning for the top-ranked setups; Pro subscribers get them in full the same day.
Runway = liquidity ÷ monthly operating burn at the latest reported period · balance sheet 84 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 |
|---|---|---|---|
| Sep 17, 2026 | ▼ Reverse split | “reverse split” language in 8-K/A (EX-10.1) filed 2026-09-17 filing | 35 |
| Sep 17, 2026 | ▼ New debt obligation | 8-K Item 2.03 filed 2026-09-17 (accepted 17:00 ET) filing | 27 |
| Sep 17, 2026 | · Officer/director change | 8-K Item 5.02 filed 2026-09-17 (accepted 09:00 ET) filing | 23 |
| Sep 16, 2026 | ▼ Reverse split | “reverse split” language in 8-K (EX-10.1) filed 2026-09-16 filing | 35 |
| Sep 16, 2026 | · Officer/director change | 8-K Item 5.02 filed 2026-09-16 (accepted 17:00 ET) filing | 25 |
| Sep 4, 2026 | ▼ New debt obligation | 8-K Item 2.03 filed 2026-09-04 (accepted 17:00 ET) filing | 30 |
| Aug 28, 2026 | · 13D amendment | Schedule 13D/A filed 2026-08-28 filing | 24 |
| Jun 30, 2026 | ▼ Runway < 6 months | ~0.5 months runway: liquidity $995,977 as of 2026-06-30, burn $26,455,508/yr (annualized 180-day YTD operating cash flow [companyfacts]) filing | 45 |
| Jun 30, 2026 | ▼ Cash < current liabilities | Liquidity $995,977 vs current liabilities $9,255,026 filing | 22 |