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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23.4Mshares outstanding as of Aug 7, 2026 · was 22.8M May 11, 2026
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.
Signal timeline
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 21, 2026
▼Reverse split
“reverse split” language in DEF 14A (DEF 14A) filed 2026-09-21 filing
30
Sep 10, 2026
▼Reverse split
“reverse split” language in PRE 14A (PRE 14A) filed 2026-09-10 filing
30
Jun 30, 2026
▼Runway < 6 months
~1.6 months runway: liquidity $3,629,000 as of 2026-06-30, burn $27,247,250/yr (annualized 180-day YTD operating cash flow [companyfacts]) filing
42
Jun 30, 2026
▼Negative equity
Stockholders' equity $-196,886,000 as of 2026-06-30 filing
31
Jun 30, 2026
▼Cash < current liabilities
Liquidity $3,629,000 vs current liabilities $21,717,000 filing
22
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