Reverse splits are how companies cure bid-price deficiencies; under 2026 rules they get one per 12 months. Support side: 10% holder buying, Insider open-market buy — insiders or holders bought while this setup is live; see the timeline.
Radar 63 (elevated attention) · dilution pressure elevated · listing risk low · governance risk low · runway 0.6 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 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 7, 2026 | ▼ Reverse split | “reverse split” language in PRE 14A (PRE 14A) filed 2026-08-07 filing | 27 |
| Jul 30, 2026 | ▲ 10% holder buying | 10% holder open-market purchases: Kosasa Thomas 1,449,[email protected] filing | 42 |
| Jul 30, 2026 | ▲ Insider open-market buy | 1 open-market buys by 1 insider(s) (~$1,000,000) in 30d: Kosasa Thomas 1,449,[email protected] 2026-07-30 filing | 34 |
| Jun 30, 2026 | ▼ Runway < 6 months | ~0.6 months runway: liquidity $358,000 as of 2026-06-30, burn $6,928,917/yr (annualized 180-day YTD operating cash flow [companyfacts]) filing | 50 |
| Jun 30, 2026 | ▼ Negative equity | Stockholders' equity $-3,518,000 as of 2026-06-30 filing | 31 |
| Jun 30, 2026 | ▼ Cash < current liabilities | Liquidity $358,000 vs current liabilities $4,726,000 filing | 21 |