The company can sell stock into the market any day at prevailing prices — steady supply.
Radar 63 (elevated attention) · dilution pressure high · listing risk low · governance risk elevated · runway 3.3 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 | 49 |
| Jul 23, 2026 | ▼ ATM program | “atm” language in 8-K (EX-5.1) filed 2026-07-23 filing | 38 |
| Jul 22, 2026 | ▼ Offering (424B) | 424B5 prospectus supplement 2026-07-22; 3 prior 424B filings in 12m filing | 46 |
| Jul 22, 2026 | ▼ ATM program | “atm” language in 424B5 (424B5) filed 2026-07-22 filing | 38 |
| Mar 31, 2026 | ▼ Runway < 6 months | ~3.3 months runway: liquidity $8,764,000 (cash $1,764,000 + investments $7,000,000) as of 2026-03-31, burn $31,991,000/yr (latest fiscal-year operating cash flow (quarter too short to annualize) [companyfacts]) filing | 38 |