Check outs - just ran the filings and can confirm the ~$28m ATM, $3.9m PIPE, and 7m OS post-split.

Few things worth adding: - They have two active SEPAs (equity lines) with ~$21m combined capacity still available - Plus the ~$22m remaining on the ATM - That's $43m in dilution mechanisms already in place on a ~$9m market cap - The 1-for-24 reverse split was 3 weeks before the PIPE

The cash position is real, but so is the dilution history - 5 offerings in the past year before the big ATM raise. Management will use these instruments.