Features Pricing Learn Reverse Splits Tracker Shelf & ATM Tracker Warrant Tracker PIPE Deal Tracker Weekly Report FAQ API Sign In →
63 /100
HIGH RISK
Score updated Oct 13, 2026

TLPH — Talphera, Inc. Dilution Risk Tracker

Track TLPH dilution risk with DilutionWatch's stock tracker. DilutionScore™ measures dilution risk across 5 factors — lower scores indicate higher risk of share dilution.

⚠️ Not financial advice. Do your own research before making any investment decisions.

🔔 Track TLPH — Get alerts when the score changes →

As of October 13, 2026, Talphera, Inc. (TLPH) has a DilutionWatch DilutionScore of 63/100, rated HIGH dilution risk. Talphera, Inc. has a market capitalization of $56.06M, 51.91M shares outstanding, 47 institutional holders tracked. Stored dilution-related fields include 43.89M outstanding warrants.

This page includes automatically generated factual summaries from DilutionWatch data. It is not financial advice, not investment research, and not a recommendation. Do your own research. Read the full disclaimer and terms of service.

Score Breakdown

📋 Offering Ability
60
💰 Cash Runway
40
📊 Float Risk
55
⚠️ Warrant Exposure
90
🔄 Convertible Debt
40

Dilution Forecast

⛈️
Warning
High probability of dilution event
model est. 48%
📜 Warrant Exercise model 60%
• Massive warrant overhang: 85% of shares outstanding
• Warrant risk score very high (90/100)
🔄 Reverse Split model est. 55%
• 50-day avg $0.81 below $1 exchange minimum
📉 Score Deterioration model 10%
• Score in HIGH risk zone (63/100)
🔔 Track TLPH — Get forecast alerts →

Market Data

Market Cap$56.06M
Shares Outstanding51.91M
Float26.75M
Cash$17.08M
Debt$6.50M
Short InterestN/A

Source-Backed Evidence Depth

This public preview uses stored DilutionWatch fields and linked SEC/market records only. Missing values are not estimated.

FieldCurrent ValueBasis
DilutionScore63/100DilutionWatch score record
Shares Outstanding51.91MVerified float table or market cache
Public Float26.75MVerified float table or market cache
Market Cap$56.06MMarket data cache
Cash Runway13.7 monthsDilutionWatch score inputs
Shelf CapacityNone in current score inputsSEC-derived dilution fields
ATM CapacityNone in current score inputsSEC-derived dilution fields
Outstanding Warrants43.89MSEC-derived dilution fields

Recent source-backed SEC insight records available on this page: 2.

Recent SEC source mix: XBRL 2.

The page does not infer future share issuance, financing probability, cash needs, management intent, or price impact when source fields are absent.

Institutional Holdings

QoQ: ↑ 1.4% shares (2026Q1 vs prior)
47 institutional holders · 22.51M shares
#1 AIGH Capital Management LLC 4.66M shares
#2 Rock Springs Capital Management LP 3.59M shares
#3 Nantahala Capital Management, LLC 3.49M shares
+ 17 more holders Sign up free to view →

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

Short Interest721.5K
Days to Cover6.3
% of Float2.7%
FINRA data as of Sep 30, 2026

Recent SEC Activity

xbrl XBRL WARRANT 2026-08-12
xbrl XBRL CONVERTIBLE 2024-03-06
Full SEC filing analysis available with free account →

Recent News

No recent news available for this ticker.

Factual TLPH Dilution Snapshot

Talphera, Inc. (TLPH) has a DilutionScore of 63/100, rated High dilution risk. Score date: October 13, 2026.

This automatically generated snapshot is assembled from stored DilutionWatch data fields and may contain data-source errors or omissions. It is not financial advice, not investment research, and not a recommendation. Do your own research and review the full disclaimer and terms of service.

DilutionScore History — Last 90 Days

TLPH's DilutionScore is currently 63/100 (High risk), with 1 score change tracked over 89 days. The score improved from 53/100 (High risk).

Period Score Risk Level Duration
Sep 28 – Oct 13, 202663/100HIGH16 days
Jul 16 – Sep 27, 202653/100HIGH73 days

Score recalculated daily from SEC filings and market data. Sign up free for real-time score change alerts.

Share Dilution History

TLPH shares outstanding have increased 11.3% from 46.61M (Mar 2026) to 51.90M (May 2026). Each increase represents potential dilution to existing shareholders.

Date Shares Outstanding Public Float Change
May 15, 202651.90M26.75M▲ 3.70%
May 12, 202651.90M25.80M▲ 3.60%
May 10, 202651.90M24.90M▼ 0.04%
Apr 15, 202650.05M24.91M▼ 0.96%
Mar 28, 202650.05M25.15M▲ 6.23%
Mar 26, 202646.61M23.68M▲ 7.38%
Mar 21, 202646.61M22.05M▲ 1.55%

Share counts sourced from verified regulatory filings. Increases indicate dilution events.

Track TLPH Dilution Risk in Real-Time
DilutionWatch monitors SEC filings 24/7 and alerts you the moment TLPH files a shelf registration, ATM offering, warrant notice, or convertible note. Free tier available — no credit card required.
Start Tracking TLPH — Free
Email alert within minutes of any SEC filing Daily DilutionScore™ recalculation Score history & trend tracking Tracks 8,000+ tickers simultaneously

Related Stocks — HIGH Risk

Other HIGH dilution risk stocks tracked by DilutionWatch with similar profiles:

Browse all 8,490+ tracked stocks →

📖 Dilution Education
→ Complete Dilution Guide for Retail Investors → Anti-Dilution Provisions Explained → Stock Dilution Red Flags to Watch → Understanding Shelf Registrations