Corporate Intelligence Perspective: Capital-Strong, Governance-Sensitive
Core narrative: capital-strong, governance-sensitive
Select a dashboard to move from the investigative summary into focused analysis views.
All findings backed by filed SEC documents with accession number traceability.
Capital allocation, credit, insider transactions, compensation, shareholder/activist, capital structure, regulatory, and board governance.
Each thread is assessed qualitatively, then integrated into a single evidence-backed narrative with explicit cross-reference tracking.
This timeline maps major filing events and lets you isolate periods where governance, financing, and insider signals converged.
Control transfer + capital raise + disclosure pressure. High-speed transition with both opportunity capture and governance strain.
Leadership compression + governance concentration. CEO termination, interim reset, then combined President/CEO/Chair appointment.
Volatility-driven financing + insider sensitivity. Multi-tranche ATM execution with insider sale examples in sensitive periods.
Treasury strategy pivot + financial engineering layering. Bitcoin authorization, large convert issuance, warrant overlay.
| Year | Shares Outstanding | Change | Key Event |
|---|---|---|---|
| 2019 | 102,267,435 | — | Baseline |
| 2020 | 64,457,992 | -37.0% | Buyback-era reduction |
| 2021 | 69,935,828 | +8.5% | First ATM offerings |
| 2022 | 76,339,248 | +9.2% | Continued ATM + split authorized |
| 2023 | 304,675,439 | +299.2% | 4-for-1 stock split (July 2022) |
| 2024 | 305,873,200 | +0.4% | Pre-2024 ATM baseline |
| 2025 | 447,083,981 | +46.2% | 2024 ATM waves completed |
This table is filing coverage by form type and year. Values of 0 indicate no filing for that type in that year, not missing data.
| Type | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total | Note |
|---|