Outstanding (10-Q cover 2026-08-06) less actual common shares held by officers and directors.
Data-service feed, fetched today. The number TradingView and most screeners show.
Your screener is showing a float that no longer exists. Trade off 2.41M shares.
The float your screener shows is understated 19%: 2.03M reported, 2.41M actual. 2 reverse splits can add another 569% of the float.
Near-zero-strike pre-funded warrant overhang. 3,656,000 unexercised pre-funded warrants at a $0.0001 exercise price sit outside the reported float, equal to 152% of the entire 2.41M-share float.
Total derivative overhang vs. float. 13,684,226 shares underlie outstanding warrants, preferred investment options and employee options against a float of 2,405,678 — 569% of float, or 5.7x.
Rapid realized share count growth. Deterministic XBRL share counts show outstanding rising from 1,367,040 (2025-08-07) to 2,409,211 (2026-08-06) — a 76.2% increase in twelve months — with 17.1% (+352,327 shares) of that occurring in j…
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
- Feb 1, 2027 · Nasdaq bid-price compliance deadline — forcing function for the reverse split
- Jun 12, 2027 · Expiration of the one-year Variable Rate Transaction prohibition, after which floating-price/toxic structures become contractually available again
- Jul 8, 2028 · Series A-2 preferred investment options expire (3,883,496 shares at $0.91)
- Aug 10, 2028 · January 2026 investment options expire (1,617,190 shares at $2.325)