Float & OS206.33 M / 232.37 M
Cash/Shr$0.00
Market Cap & EV—
Short Interest—
Cash$800,000
Est. Cash Today$-1.33 M
Off AbilityHigh
Off FreqLow
DilutionLow
Cash NeedHigh
Overall Offering RiskHigh
Warrant Exercise RiskLow
Nasdaq ComplianceLow
Shares Outstanding History
Cash Position
Cash Position
The company has -11.2 months of cash left based on the quarterly cash burn of $-356,000 and estimated current cash of $-1.33 M.
Commentary on Financial Condition
“incurred significant operating losses. We have not yet commercialized any products and we do not expect to generate revenue from sales of products for several years, if at all. We had no cash inflows from operating activities for the three months ended March 31, 2025.” (from May 2025 filing’s Liquidity and Capital Resources) Filed At: 2025-05-15
Recent Filings
| NT 10-Q | Form NT 10-Q | 2025-08-14 |
| 25-NSE | Form 25-NSE | 2025-08-08 |
| 8-K | Form 8-K | 2025-08-05 |
| 8-K | Form 8-K | 2025-07-23 |
| 8-K | Form 8-K | 2025-07-16 |
| 8-K | Form 8-K | 2025-06-13 |
| 10-Q | Form 10-Q | 2025-05-15 |
| 10-K/A | Form 10-K/A | 2025-04-29 |
Insights
Warrants covering 50,000 shares at $10.34 expire on July 4, 2028.
· 2028-07-04
Warrants covering 100,000 shares at $11.50 expire on July 4, 2028.
· 2028-07-04
Warrants covering 25,000 shares at $10.34 expire on July 4, 2028.
· 2028-07-04
A $7,600,000 convertible note converts at $10.34 per share, which at that price is 735,010 shares.
10-Q · 2025-05-15
The company received a deficiency notice from Nasdaq for minimum bid price on December 9, 2024.
· 2024-12-09