What is ZPHYF's dilution risk score?

ZPHYF has a latest available DilutionScore record of 37/100, categorized as medium dilution risk by the DilutionWatch scoring model. DilutionWatch displays SEC filing and dilution indicators for ZPHYF, including shelf registrations, ATM offerings, warrant exercises, PIPE deals, and reverse split signals when detected in source data.

What SEC filings does DilutionWatch track for ZPHYF?

DilutionWatch tracks 25 SEC filing types for ZPHYF including S-3 shelf registrations, 424B prospectuses (ATM offerings), S-1 registration statements, 8-K material events, warrant exercise notices, convertible note agreements, and Form 4 insider transactions. Alerts are delivered via email within minutes of a filing appearing on EDGAR.

How does stock dilution affect ZPHYF shareholders?

Stock dilution occurs when a company issues new shares, reducing the ownership percentage of existing shareholders. For ZPHYF, common dilution events include at-the-market (ATM) stock offerings, shelf registration drawdowns, warrant exercises, and convertible note conversions. Each event increases the share count and can pressure the stock price lower.

Is DilutionWatch free for ZPHYF tracking?

DilutionWatch provides a free tier that shows DilutionScores and basic filing history for ZPHYF. Premium plans ($19.95/month Basic, $39.95/month Premium) unlock real-time email alerts, the full Pulse™ feed, advanced dilution forecasts, and access to all 10,000+ tracked tickers.

ZPHYF Dilution Risk Score: 37/100 (MEDIUM)

Score Breakdown

📋 Offering Ability

💰 Cash Runway

📊 Float Risk

⚠️ Warrant Exposure

🔄 Convertible Debt

Dilution Forecast

🌥️

Advisory

Moderate dilution signals present

model est. 27%

🔄 Reverse Split model est. 55%

• 50-day avg $0.05 below $1 exchange minimum

🔔 Track ZPHYF — Get forecast alerts →

Market Data

Market Cap$5.60M

Shares Outstanding93.29M

Float71.96M

Cash$30.8K

Debt$18.6K

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.

Field	Current Value	Basis
DilutionScore	37/100	DilutionWatch score record
Shares Outstanding	93.29M	Verified float table or market cache
Public Float	71.96M	Verified float table or market cache
Market Cap	$5.60M	Market data cache
Cash Runway	Not available	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 data not yet available.

Short Interest

Short Interest45.3K

Days to Cover1.3

% of Float0.1%

FINRA data as of Sep 30, 2026

Recent SEC Activity

No recent SEC insights

Recent News

No recent news available for this ticker.

DilutionScore History — Last 90 Days

ZPHYF's DilutionScore has held steady at 37/100 (Medium risk) for 89 consecutive days across the tracked period.

Period	Score	Risk Level	Duration
Jul 16 – Oct 13, 2026	37/100	MEDIUM	89 days

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

Share Dilution History

ZPHYF shares outstanding have increased 1.3% from 92.11M (Mar 2026) to 93.29M (May 2026). Each increase represents potential dilution to existing shareholders.

Date	Shares Outstanding	Public Float	Change
May 30, 2026	93.29M	71.96M	▼ 0.02%
May 09, 2026	93.29M	71.98M	▼ 0.62%
Apr 28, 2026	93.29M	72.43M	▲ 8.03%
Mar 22, 2026	92.11M	67.48M	▲ 0.14%
Mar 09, 2026	92.11M	67.38M	▲ 0.23%

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

Track ZPHYF Dilution Risk in Real-Time

DilutionWatch monitors SEC filings 24/7 and alerts you the moment ZPHYF files a shelf registration, ATM offering, warrant notice, or convertible note. Free tier available — no credit card required.

Start Tracking ZPHYF — Free

Email alert within minutes of any SEC filing Daily DilutionScore™ recalculation Score history & trend tracking Tracks 8,000+ tickers simultaneously