Float & OS354.87 M / 355.80 M
Cash/Shr$0.00
Market Cap & EV—
Short Interest—
Cash$414,648
Est. Cash Today$-1.36 M
Off AbilityHigh
Off FreqLow
DilutionHigh
Cash NeedHigh
Overall Offering RiskHigh
Warrant Exercise RiskLow
Nasdaq ComplianceLow
Shares Outstanding History
Cash Position
Cash Position
The company has -29.8 months of cash left based on the quarterly cash burn of $-136,330.33 and estimated current cash of $-1.36 M.
Commentary on Financial Condition
“Current assets as of June 30, 2023 and March 31, 2023 primarily include $414,648 and $1,038,754 in cash, $5,059,617 and $6,520,232 in accounts receivable and $5,544,390 and $5,591,351 in inventory, respectively. Current liabilities as of June 30, 2023 and March 31, 2023 primarily include $12,609,187 and $11,616,247 in accounts payable, revolving financing of $6,188,332 and $6,403,447, and accrued expenses of $2,406,839 and $1,996,387, respectively.” (from September 2023 filing’s Liquidity and Capital Resources) Filed At: 2023-09-22
Recent Filings
| 8-K | Form 8-K | 2025-12-23 |
| 8-K | Form 8-K | 2025-12-22 |
| QUALIF | Form QUALIF | 2025-12-10 |
| 8-K | Form 8-K | 2025-12-09 |
| 1-A/A | Form 1-A/A | 2025-12-05 |
| 1-A | Form 1-A | 2025-11-20 |
| 8-K | Form 8-K | 2025-05-02 |
| 8-K | Form 8-K | 2025-04-29 |
Insights
A $3,800,000 convertible note converts at $0.80 per share, which at that price is 4,750,000 shares.
10-Q · 2023-02-28
An at-the-market programme of up to $20,000,000 is in place with Roth Capital Partners, LLC.
424B5 · 2022-03-28
An at-the-market programme of up to $20,000,000 is in place with Roth Capital Partners, LLC.
424B5 · 2021-02-23
A $210,000 convertible note converts at $1.00 per share, which at that price is 210,000 shares.
8-K · 2017-05-04
A $260,000 convertible note converts at $1.00 per share, which at that price is 260,000 shares.
424B3 · 2016-08-19