The dilution already happened: share count is up 25%+ versus the prior period.
Radar 58 (elevated attention) · dilution pressure elevated · listing risk low · governance risk elevated · runway 6.5 mo · strongest signal: Late filing (NT) (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 138 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 | ▼ Late filing (NT) | NT 10-Q filed 2026-08-14 filing | 50 |
| Mar 31, 2026 | ▼ Share count +25% | Shares outstanding 13,328,469 (2026-03-26) -> 20,120,117 (2026-05-20), +51% filing | 35 |
| Mar 31, 2026 | ▼ Negative equity | Stockholders' equity $-1,450,794 as of 2026-03-31 filing | 31 |
| Mar 31, 2026 | ▼ Near $5M MVLS floor | Public float $4,574,447 (as of 2025-06-30) vs $5M Nasdaq MVLS floor; needs price x shares confirmation filing | 27 |
| Mar 31, 2026 | ▼ Runway 6–12 months | ~6.5 months runway: liquidity $2,318,848 as of 2026-03-31, burn $4,305,127/yr (latest fiscal-year operating cash flow (quarter too short to annualize) [companyfacts]) filing | 24 |