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.
Get tomorrow's read on SHIM — free
One email every weekday morning: what changed across SHIM and ~1,400 other microcaps, every claim linked to the filing.
41.3Mshares outstanding as of Aug 7, 2026 · was 36.7M May 12, 2026
Runway = liquidity ÷ monthly operating burn at the latest reported period · balance sheet 81 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
Jul 3, 2026
▼Runway < 6 months
~4.1 months runway: liquidity $16,875,000 as of 2026-07-03, burn $49,662,182/yr (annualized 181-day YTD operating cash flow [companyfacts]) filing
37
Jul 3, 2026
▼Cash < current liabilities
Liquidity $16,875,000 vs current liabilities $184,982,000 filing
22
Not a subscriber yet? The free morning digest carries what changed and the top setups. Subscribe free → · Compare plans