Baseline is the Insight Sentry reported float of 3,060,957, which sanity-checks cleanly: it is post-1-for-11-reverse-split scale (feed shares outstanding 4,036,459 exactly matches the 2026-08-07 10-Q cover page, and $17.19 × 4,036,459 = the reported $69.4M market cap).
Data-service feed, fetched today. The number TradingView and most screeners show.
Your screener is showing a float that no longer exists. Trade off 3.06M shares.
The float your screener shows is understated 20%: 2.56M reported, 3.06M actual. 1 convertible note and 5 reverse splits can add another 278% of the float.
Near-zero-strike pre-funded warrant overhang. 7,383,919 PERPETUAL pre-funded warrants are outstanding at exercise prices of $0.01–$0.11 against a $17.19 stock.
Registered free-trading warrant shares requiring no further action. 3,025,000 of the pre-funded warrants (exercise price $0.01) were sold in the June 2026 REGISTERED underwritten public offering under S-1 No.
Pending resale registration (S-1 filed 2026-09-11). A resale S-1 was filed 2026-09-11 (preliminary prospectus; Registration No.
From today's float to the ceiling
sharesWhere the shares come from
each subtotal is a rung on the ladder above
Not counted anywhere: ATM and shelf capacity. Convertible share counts use stated conversion prices.
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Market data as of Oct 25, 2026
Key dates
- Jan 1, 2027 · Automatic annual evergreen increase to the 2018 Equity Incentive Plan share reserve