Score Breakdown
Dilution Forecast
Market Data
Source-Backed Evidence Depth
This public preview uses stored DilutionWatch fields and linked SEC/market records only. Missing values are not estimated.
| Field | Current Value | Basis |
|---|---|---|
| DilutionScore | 26/100 | DilutionWatch score record |
| Shares Outstanding | 34.1K | Verified float table or market cache |
| Public Float | Not available | Verified float table or market cache |
| Market Cap | $3.63M | Market data cache |
| Cash Runway | Not applicable / unavailable | DilutionWatch score inputs |
| Shelf Capacity | None in current score inputs | SEC-derived dilution fields |
| ATM Capacity | None in current score inputs | SEC-derived dilution fields |
| Outstanding Warrants | None in current score inputs | SEC-derived dilution fields |
Recent source-backed SEC insight records available on this page: 0.
The page does not infer future share issuance, financing probability, cash needs, management intent, or price impact when source fields are absent.
Institutional Holdings
Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.
Short Interest
Recent SEC Activity
Recent News
DilutionScore History — Last 90 Days
SPHR's DilutionScore is currently 26/100 (Medium risk), with 2 score changes tracked over 89 days. The score improved from 11/100 (Low risk).
| Period | Score | Risk Level | Duration |
|---|---|---|---|
| Oct 13, 2026 | 26/100 | MEDIUM | 1 day |
| Oct 10 – Oct 12, 2026 | 11/100 | LOW | 3 days |
| Jul 16 – Oct 09, 2026 | 12/100 | LOW | 85 days |
Score recalculated daily from SEC filings and market data. Sign up free for real-time score change alerts.
Share Dilution History
SPHR shares outstanding have increased 1.0% from 28.64M (Mar 2026) to 28.93M (May 2026). Each increase represents potential dilution to existing shareholders.
| Date | Shares Outstanding | Public Float | Change |
|---|---|---|---|
| May 19, 2026 | 28.93M | 24.65M | ▼ 0.02% |
| May 10, 2026 | 28.93M | 24.65M | ▼ 1.21% |
| May 08, 2026 | 28.93M | 24.96M | ▼ 1.15% |
| May 07, 2026 | 28.93M | 25.25M | ▲ 3.62% |
| Apr 01, 2026 | 28.64M | 24.36M | ▼ 0.12% |
| Mar 20, 2026 | 28.64M | 24.39M | ▼ 0.07% |
| Mar 10, 2026 | 28.64M | 24.41M | ▼ 0.30% |
| Mar 05, 2026 | 28.64M | 24.49M | ▼ 0.03% |
Share counts sourced from verified regulatory filings. Increases indicate dilution events.
Related Stocks — MEDIUM Risk
Other MEDIUM dilution risk stocks tracked by DilutionWatch with similar profiles:
Score Coverage Note
- Cash Runway is marked not applicable or unavailable while debt exceeds cash in stored market data; do not read the overall score as a complete balance-sheet risk assessment.
- Float Risk is excluded because public-float data is unavailable.