Flux Power Holdings, Inc. (FLUX) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 22, 2026

Risk Assessment Details

Potential Dilution: 124.95% of current shares
Recent Dilution: 28.58% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
21M
Potential Supply
27M
Additional shares possible
Splits
None
Past 2 years

Summary

FLUX currently has 21.4M outstanding shares. with significant dilution risk as 26.7M authorized shares could dilute existing holders by 124.9%. The company has significantly diluted shareholders by 28.58% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 22, 2026

S-1 filing: This filing relates to a committed equity facility providing for the potential sale of up to 38,461,538 shares of common stock to Roth Principal Investments, LLC.

21M 27M
May 07, 2026

10-Q filing | 21.3M shares outstanding

21M 0
Nov 13, 2025

10-Q filing | 21.3M shares outstanding

21M 0
Oct 20, 2025

S-1 filing: This S-1 filing from 2025 describes a proposed public offering of common stock and pre-funded warrants, along with other recent corporate developments including Nasdaq compliance, settlement of a class action lawsuit, and a private placement.

17M 0
Sep 16, 2025

8-K filing: Flux Power Holdings, Inc. completed a private placement of Prefunded Warrants and Common Warrants for gross proceeds of approximately $5.0 million on September 15, 2025. ($10.0M proceeds)

17M 0
May 08, 2025

10-Q filing | 16.7M shares outstanding

17M 0
Mar 20, 2025

10-Q filing | 16.7M shares outstanding

17M 0
Mar 20, 2025

10-Q filing | 16.7M shares outstanding

17M 0
Jan 29, 2025

10-K filing | 16.5M shares outstanding

17M 0
May 13, 2024

10-Q filing | 16.5M shares outstanding

17M 0
Feb 08, 2024

10-Q filing | 16.5M shares outstanding

17M 0
Nov 09, 2023

10-Q filing | 16.5M shares outstanding

16M 0
Nov 03, 2023

8-K filing: Flux Power Holdings, Inc. issued warrants to Cleveland Capital, L.P. to purchase 41,196 shares of common stock at an exercise price of $3.24 per share in connection with a Credit Facility Agreement.

16M 0
Sep 25, 2023

S-3 filing: The company has filed a shelf registration statement with the SEC to offer shares of its common stock, preferred stock, warrants to purchase common stock or preferred stock, debt securities and units either individually or a combination thereof, in one or more offerings, up to a total dollar amount of $100,000,000.

16M 0
Sep 21, 2023

10-K filing | 16.1M shares outstanding

16M 0
May 11, 2023

10-Q filing | 16.0M shares outstanding

16M 0
Feb 27, 2023

8-K filing: Certain executive officers and directors of Flux Power Holdings, Inc. entered into Rule 10b5-1 Trading Plans to sell shares of the Company's common stock.

16M 0
Feb 09, 2023

10-Q filing | 16.0M shares outstanding

16M 0
Nov 10, 2022

10-Q filing | 16.0M shares outstanding

16M 0
Sep 28, 2022

10-K filing | 15.4M shares outstanding

15M 0
Jun 28, 2022

8-K filing: Flux Power Holdings, Inc. issued warrants to SVB for the purchase of up to 40,806 shares of common stock at an exercise price of $2.23 per share in connection with a Second Amendment to Loan and Security Agreement.

16M 0
May 13, 2022

8-K filing: The company entered into a Credit Facility Agreement for a line of credit, issuing promissory notes and warrants to lenders.

16M 0
May 12, 2022

10-Q filing | 16.0M shares outstanding

16M 0
Feb 10, 2022

10-Q filing | 16.0M shares outstanding

16M 0
Nov 12, 2021

10-Q filing | 16.0M shares outstanding

16M 0
Sep 27, 2021

10-K filing | 13.7M shares outstanding

14M 0
Sep 23, 2021

8-K filing: The Company entered into a securities purchase agreement with institutional and accredited investors to sell 2,142,860 shares of Common Stock and warrants to purchase up to 1,071,430 shares at a combined price of $7.00 per share and related Warrant, for gross proceeds of approximately $15 million. ($15.0M proceeds)

13M 0
May 13, 2021

10-Q filing | 13.0M shares outstanding

13M 0
Mar 31, 2021

8-K filing: Esenjay Investments, LLC converted $1,044,535.18 of debt, including principal and accrued interest, into 261,133 shares of Flux Power Holdings, Inc. common stock at a conversion price of $4.00 per share on March 26, 2021. ($1.04M proceeds)

12M 0
Feb 11, 2021

10-Q filing | 12.2M shares outstanding

12M 0
Nov 12, 2020

10-Q filing | 11.4M shares outstanding

11M 0
Oct 16, 2020

S-3 filing: This is an S-3 filing for Flux Power Holdings, Inc. indicating a shelf registration of up to $50,000,000 of common stock, preferred stock, warrants, debt securities and units, as well as the resale of 1,141,250 shares of common stock by selling shareholders.

11M 0
Sep 28, 2020

10-K filing | 7.4M shares outstanding

7.4M 1M
Jul 30, 2020

S-1/A filing: The filing is an S-1/A form where the company is offering 1,744,186 shares of common stock at an assumed price of $8.60 per share. They have also granted the underwriters an option to purchase up to an additional 261,627 shares.

8.3M 130K
Jul 28, 2020

8-K filing: Flux Power Holdings, Inc. completed a private placement offering of 800,000 shares of common stock at $4.00 per share, resulting in gross proceeds of $3,200,000, and issued a warrant exercisable for 83,205 shares of common stock at an exercise price of $4.00 per share to Cleveland Capital, L.P. ($3.2M proceeds)

5.2M 0
Jul 07, 2020

8-K filing: Flux Power Holdings, Inc. completed an initial closing of a private placement on June 30, 2020, selling 275,000 shares of common stock at $4.00 per share for $1,100,000, and Esenjay converted $4,400,000 of debt into 1,100,000 shares at $4.00 per share. ($1.1M proceeds)

5.2M 0
May 12, 2020

10-Q filing | 5.2M shares outstanding

5.2M 0
Feb 11, 2020

10-Q filing | 5.1M shares outstanding

5.1M 0
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