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$0.45 +0.01 (+2.23%) At close · Aug 20
Going-concern doubt — cleared Aug 6, 2026

The latest filing states the doubt was alleviated.

“Based upon the Company’s current working capital, recurring losses and negative cash flow from operations, if the Company is unable to generate sufficient cash from operating activities, collect amounts owed to it by third parties, or raise additional funds for a period of 12 months from the issuance of these condensed consolidated financial statements, this raises substantial doubt about the Company’s ability to continue as a going concern. To alleviate this substantial doubt the Company expects to generate sufficient cash flow from operations through increased use of its SPD Technology by existing licensees, through the Company entering into new license agreements, as well as through the collection of amounts owed to it, and, as a result, the Company does not expect that it will need to raise additional capital over the next 12 months.”
View the 10-Q filed Aug 6, 2026
Market Cap
$15.96M
Shares
34.87M

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Holders: 35
Total Value: $1,921,192
Total Shares: 3,694,627

Institutional Ownership Trend

26 quarters

Holder Concentration

Across 35 13F filers · Δ vs Mar 31, 2026
Top Holder
24.1%
Sep 2023 → Jun 2026 · range 21.1% – 29.4%
+0.2 pts
Top 5
76.0%
Sep 2023 → Jun 2026 · range 72.4% – 80.7%
+0.6 pts
Top 10
91.9%
Sep 2023 → Jun 2026 · range 86.5% – 94.9%
+0.4 pts
HHI
1,348
Sep 2023 → Jun 2026 · range 1,278 – 1,622
Broadly held+13

Quarterly Activity

vs Mar 31, 2026
New
5
Increased
6
Decreased
8
Sold Out
5
Unchanged
16
Holder count: 0
Institutional value: -45.6%
Shares held: -3.8%

Top Buyers

vs Mar 31, 2026
Institution Added Now Holds Open
VANGUARD CAPITAL MANAGEMENT LLC +12,500 580,654
Tower Research Capital LLC (TRC) +3,160 9,215
GEODE CAPITAL MANAGEMENT, LLC +3,086 305,847
JANE STREET GROUP, LLC +1,074 12,649
UBS Group AG +208 1,382

Top Sellers

vs Mar 31, 2026
Institution Sold Now Holds Open
BlackRock, Inc. −75,856 532,542
Kingsview Wealth Management, LLC −27,800 17,150
RENAISSANCE TECHNOLOGIES LLC −27,511 40,789
MGO ONE SEVEN LLC −26,580 891,602
SUSQUEHANNA INTERNATIONAL GROUP, LLP −16,720 155,066

Top New Positions

vs Mar 31, 2026
Institution Acquired Value (USD) Open
TCTC Holdings, LLC 20,000 $10,400
CGN Advisors LLC 14,350 $7,462
CITADEL ADVISORS LLC 13,200 $6,864
EVOLUTION WEALTH MANAGEMENT INC. 1,500 $780
BARCLAYS PLC 154 $80

Top Sold-Out Positions

vs Mar 31, 2026
Institution Previously Held Last Value (USD) Open
TWO SIGMA SECURITIES, LLC 15,809 $14,544
MAI Capital Management 1,500 $1,380
CITIGROUP INC 438 $402
SIMPLEX TRADING, LLC 332 $305
Fairman Group, LLC 125 $115
Filter: New 5 Increased 6 Reduced 8 Sold out 5 Unchanged 16
Showing 36 of 36
All Common Calls Puts
Export CSV
Holder Value (USD) % of 13F Shares Open
MGO ONE SEVEN LLC $461,033 24.00% 886,602
VANGUARD CAPITAL MANAGEMENT LLC $301,940 15.72% 580,654
BlackRock, Inc. $276,921 14.41% 532,542
Focus Partners Wealth $258,139 13.44% 496,422
GEODE CAPITAL MANAGEMENT, LLC $159,040 8.28% 305,847
VANGUARD FIDUCIARY TRUST CO $92,055 4.79% 177,030
SUSQUEHANNA INTERNATIONAL GROUP, LLP $80,633 4.20% 155,066
STATE STREET CORP $54,923 2.86% 105,623
SHUFRO ROSE & CO LLC $50,700 2.64% 97,500
NORTHERN TRUST CORP $27,367 1.42% 52,630
RENAISSANCE TECHNOLOGIES LLC $21,210 1.10% 40,789
FreeGulliver LLC $10,400 0.54% 20,000
HM PAYSON & CO $10,400 0.54% 20,000
TCTC Holdings, LLC $10,400 0.54% 20,000
RAYMOND JAMES FINANCIAL INC $9,297 0.48% 17,880
XTX Topco Ltd $9,102 0.47% 17,504
Kingsview Wealth Management, LLC $8,918 0.46% 17,150
CGN Advisors LLC $7,462 0.39% 14,350
Focus Partners Advisor Solutions, LLC $7,327 0.38% 14,091
MERCER GLOBAL ADVISORS INC /ADV $7,280 0.38% 14,000
Schonfeld Strategic Advisors LLC $7,205 0.38% 13,857
CITADEL ADVISORS LLC $6,864 0.36% 13,200
JANE STREET GROUP, LLC $6,576 0.34% 12,649
GOLDMAN SACHS GROUP INC $6,011 0.31% 11,561
Vanguard Global Advisers, LLC $5,776 0.30% 11,108
Farrell Financial LLC $5,359 0.28% 10,307
HB Wealth Management, LLC $5,200 0.27% 10,000
Tower Research Capital LLC (TRC) $4,791 0.25% 9,215
MGO ONE SEVEN LLC $2,600 0.14% 5,000
OSAIC HOLDINGS, INC. $2,080 0.11% 4,000
MORGAN STANLEY $2,062 0.11% 3,967
EVOLUTION WEALTH MANAGEMENT INC. $780 0.04% 1,500
UBS Group AG $718 0.04% 1,382
JPMORGAN CHASE & CO $541 0.03% 1,042
BARCLAYS PLC $80 0.00% 154
SBI Securities Co., Ltd. $2 0.00% 5
Key facts CIK 793524 CUSIP 760911107 13F (30d) 31 filings 31 filers Visit website Investor relations

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