Reverse splits are how companies cure bid-price deficiencies; under 2026 rules they get one per 12 months.
Radar 58 (elevated attention) · dilution pressure elevated · listing risk elevated · governance risk low · runway 0.6 mo · strongest signal: Share count +25% (Dec 31, 2025)
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 228 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 |
|---|---|---|---|
| Jul 30, 2026 | ▼ Reverse split | “reverse split” language in 8-K (8-K) filed 2026-07-30 filing | 37 |
| Dec 31, 2025 | ▼ Share count +25% | Shares outstanding 5,139,652 (2025-11-14) -> 22,816,406 (2026-07-07), +344% filing | 45 |
| Dec 31, 2025 | ▼ Runway < 6 months | ~0.6 months runway: liquidity $171,524 as of 2025-12-31, burn $3,430,421/yr (latest fiscal-year operating cash flow [companyfacts]) filing | 37 |
| Dec 31, 2025 | ▼ Near $5M MVLS floor | Public float $5,200,000 (as of 2025-12-31) vs $5M Nasdaq MVLS floor; needs price x shares confirmation filing | 26 |
| Dec 31, 2025 | ▼ Cash < current liabilities | Liquidity $171,524 vs current liabilities $31,899,358 filing | 21 |