Started from the implied post-split share count (market cap / price) and subtracted the split-adjusted affiliate stake.
Data-service feed, fetched today. The number TradingView and most screeners show.
Trade off 752.6K shares; data services have no usable float for this ticker.
We put the float at 752.6K; data services have no usable number. 2 floorless convertible notes and 5 reverse splits can add another 543% of the float.
Variable-rate convertible death spiral. Up to $62M of senior secured Series A/C notes convert at market-based discounts (95% VWAP; default 93% plus 25% premium) into free-trading registered shares.
Rapid share count growth. On a split-adjusted basis the count went from about 536 shares (2025-11-06) to about 752,794 today, roughly 1,400x.
Serial reverse splits. Five reverse splits in about 12 months (1:16, 1:8, 1:7, 1:9, 1:9 = 72,576-to-1 cumulative).
From today's float to the ceiling
sharesCeiling computed from the itemised overhang.
Where 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 23, 2026