Dolphin Entertainment, Inc. (DLPN) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
DLPN currently has 12.3M outstanding shares. with significant dilution risk as 6.39M authorized shares could dilute existing holders by 51.8%. The company has significantly diluted shareholders by 39.78% over the past 2 years, indicating aggressive capital raising. Recent corporate actions include 1 stock split (positive for accessibility) and 1 reverse split (concerning signal).
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 12, 2026 |
10-Q filing | 12.3M shares outstanding |
12M | 6.4M |
| Mar 27, 2026 |
10-K filing | 11.6M shares outstanding |
12M | 7.2M |
| Nov 12, 2025 |
10-Q filing | 11.8M shares outstanding |
12M | 6.9M |
| Oct 03, 2025 |
S-1 filing: This prospectus relates to the issuance of up to 9,244,698 shares of common stock by Lincoln Park Capital Fund, LLC, with the company potentially selling up to $15,000,000 of common stock to the Selling Securityholder under a purchase agreement. |
11M | 7.5M |
| Aug 14, 2025 |
10-Q filing | 11.2M shares outstanding |
11M | 0 |
| May 13, 2025 |
10-Q filing | 11.2M shares outstanding |
11M | 0 |
| May 07, 2025 |
8-K filing: Dolphin Entertainment, Inc. entered into eight subscription agreements with investors for convertible promissory notes in the aggregate principal amount of $1,065,000 and received cash proceeds of $1,065,000 between March 24, 2025 and May 6, 2025. ($1.07M proceeds) |
10M | 0 |
| Mar 27, 2025 |
10-K filing | 10.3M shares outstanding |
10M | 0 |
| Nov 14, 2024 |
10-Q filing | 10.9M shares outstanding |
11M | 0 |
| Oct 16, 2024 |
Stock Split
8-K filing: Stock split 1-for-2 | Outstanding: 22,216,371 → 11,112,584 |
11M | 0 |
| Aug 14, 2024 |
10-Q filing | 22.2M shares outstanding |
22M | 0 |
| Jul 19, 2024 |
8-K filing: Dolphin Entertainment, Inc. acquired Elle Communications, LLC and issued 2,089,783 shares of common stock to the seller, Danielle Finck, as part of the consideration, along with cash payments. ($2.03M proceeds) |
19M | 0 |
| May 15, 2024 |
10-Q filing | 18.6M shares outstanding |
19M | 0 |
| Apr 01, 2024 |
10-K filing | 18.7M shares outstanding |
19M | 0 |
| Nov 14, 2023 |
10-Q filing | 18.1M shares outstanding |
18M | 0 |
| Nov 02, 2023 |
8-K filing: Dolphin Entertainment, Inc. closed an underwritten public offering of 1,400,000 shares of common stock at $1.65 per share, generating gross proceeds of $2,310,000 before deductions. ($2.31M proceeds) |
13M | 780K |
| Oct 06, 2023 |
8-K filing: Dolphin Entertainment, Inc. acquired Special Projects Media LLC, issuing 2,500,000 shares of common stock to the sellers as part of the consideration. |
13M | 780K |
| Aug 14, 2023 |
10-Q filing | 13.2M shares outstanding |
13M | 780K |
| Jul 25, 2023 |
S-3 filing: Dolphin Entertainment, Inc. may offer and sell shares of its common stock up to an aggregate amount of $100,000,000. |
14M | 0 |
| May 15, 2023 |
10-Q filing | 12.6M shares outstanding |
13M | 1.4M |
| Mar 31, 2023 |
10-K filing | 12.6M shares outstanding |
13M | 1.4M |
| Nov 14, 2022 |
10-Q filing | 9.8M shares outstanding |
9.8M | 4.2M |
| Sep 08, 2022 |
S-1 filing: This prospectus relates to the issuance of up to 3,057,313 shares of common stock by Lincoln Park Capital Fund, LLC, including 57,313 commitment shares, pursuant to a common stock purchase agreement where the Selling Securityholder has committed to purchase up to $25,000,000 of our Common Stock. |
9.6M | 4.4M |
| Aug 15, 2022 |
10-Q filing | 9.6M shares outstanding |
9.6M | 0 |
| Jul 18, 2022 |
10-Q filing | 8.8M shares outstanding |
8.8M | 0 |
| May 26, 2022 |
10-K filing | 9.1M shares outstanding |
9.1M | 0 |
| Dec 30, 2021 |
8-K filing: Dolphin Entertainment, Inc. entered into a purchase agreement with Lincoln Park Capital Fund, LLC, allowing the Company to sell up to $25,000,000 of its common stock over a thirty-six (36) month term, and issued 51,827 shares to Lincoln Park as an initial commitment fee. |
7.7M | 0 |
| Nov 19, 2021 |
10-Q filing | 7.7M shares outstanding |
7.7M | 0 |
| Aug 27, 2021 |
S-3 filing: Dolphin Entertainment, Inc. may offer and sell shares of its common stock up to an aggregate amount of $100,000,000. |
7.7M | 0 |
| Aug 16, 2021 |
10-Q filing | 7.7M shares outstanding |
7.7M | 0 |
| May 18, 2021 |
10-Q filing | 7.6M shares outstanding |
7.6M | 0 |
| Apr 15, 2021 |
10-K filing | 7.6M shares outstanding |
7.6M | 0 |
| Nov 27, 2020 |
Stock Split
8-K filing: Stock split 1-for-5 | Outstanding: 17,892,900 → 3,578,580 |
3.6M | 0 |
| Nov 16, 2020 |
10-Q filing | 17.9M shares outstanding |
18M | 0 |
| Aug 26, 2020 |
8-K filing: Dolphin Entertainment acquired Be Social Public Relations and issued 349,534 shares of common stock to the seller, Alison Grant, on August 17, 2020, as part of the acquisition consideration. |
19M | 0 |
| Aug 17, 2020 |
10-Q filing | 19.2M shares outstanding |
19M | 0 |
| Jul 13, 2020 |
10-Q filing | 20.5M shares outstanding |
20M | 0 |
| Jun 09, 2020 |
8-K filing: Dolphin Entertainment, Inc. entered into a share purchase agreement to sell 7,900,000 shares of common stock in a registered direct offering for gross proceeds of approximately $8.3 million. ($8.3M proceeds) |
20M | 0 |
| Mar 30, 2020 |
10-K filing | 20.0M shares outstanding |
20M | 0 |
| Jan 06, 2020 |
8-K filing: Dolphin Entertainment, Inc. sold a senior convertible promissory note and warrants to Lincoln Park Capital Fund, LLC for $1,200,000, with the warrants allowing the purchase of up to 207,588 shares of common stock. ($1.2M proceeds) |
N/A | 0 |