Reverse splits are how companies cure bid-price deficiencies; under 2026 rules they get one per 12 months.
Radar 48 (elevated attention) · dilution pressure low · listing risk low · governance risk elevated · runway 8.4 mo · strongest signal: Going-concern language (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.
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 47 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 | ▼ Going-concern language | “going concern periodic” language in 10-Q (10-Q) filed 2026-08-14 filing | 33 |
| Aug 6, 2026 | ▼ Reverse split | “reverse split” language in 8-K (8-K) filed 2026-08-06 filing | 32 |
| Aug 6, 2026 | · Officer/director change | 8-K Item 5.02 filed 2026-08-06 (accepted 16:16 ET) filing | 25 |
| Jun 30, 2026 | ▼ Runway 6–12 months | ~8.4 months runway: liquidity $3,930,345 (cash $1,874,149 + investments $2,056,196) as of 2026-06-30, burn $5,602,054/yr (annualized 180-day YTD operating cash flow [companyfacts]) filing | 25 |