IRIDEX CORP (IRIX) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 19, 2026

Risk Assessment Details

Potential Dilution: 20.83% of current shares
Recent Dilution: 7.67% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
17M
Potential Supply
3.6M
Additional shares possible
Splits
None
Past 2 years

Summary

IRIX currently has 17.3M outstanding shares. with moderate dilution risk from 3.61M authorized shares representing 20.8% potential dilution. The company has minimally diluted shareholders by 7.67% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 19, 2026

10-Q filing | 17.3M shares outstanding

17M 3.6M
Apr 02, 2026

10-K filing | 16.9M shares outstanding

17M 4M
Nov 12, 2025

10-Q filing | 17.0M shares outstanding

17M 3.9M
Aug 12, 2025

10-Q filing | 16.8M shares outstanding

17M 4.1M
May 13, 2025

10-Q filing | 16.7M shares outstanding

17M 4.2M
Mar 27, 2025

10-K filing | 16.4M shares outstanding

16M 4.5M
Mar 20, 2025

8-K filing: IRIDEX Corporation entered into a Securities Purchase Agreement and Note Purchase Agreement with Novel Inspiration International Co., Ltd., issuing 600,000 shares of Series B Preferred Stock at $10.00 per share, initially convertible into 3,000,000 shares of Common Stock, and an initial convertible promissory note in an aggregate principal amount of $4,000,000. ($6.0M proceeds)

17M 4.3M
Nov 12, 2024

10-Q filing | 16.6M shares outstanding

17M 4.3M
Sep 05, 2024

S-3 filing: This S-3 filing relates to the resale of up to 4,952,823 shares of common stock by a selling stockholder, consisting of shares issuable upon conversion of a promissory note and incentive shares issued pursuant to a Securities Purchase Agreement.

16M 4.6M
Aug 08, 2024

10-Q filing | 16.3M shares outstanding

16M 0
Aug 05, 2024

8-K filing: IRIDEX Corporation entered into a securities purchase agreement with Lind Global Asset Management IX LLC for the issuance and sale of senior convertible promissory notes with an initial principal amount of $4,200,000 and a subsequent contingent note of $1,800,000, which are convertible into common stock at an initial conversion price of $2.44, subject to a floor price of $0.39.

16M 0
May 14, 2024

10-Q filing | 16.3M shares outstanding

16M 0
Mar 29, 2024

10-K filing | 16.1M shares outstanding

16M 0
Nov 20, 2023

10-Q filing | 16.2M shares outstanding

16M 0
Aug 10, 2023

10-Q filing | 16.0M shares outstanding

16M 0
May 11, 2023

10-Q filing | 16.0M shares outstanding

16M 0
Mar 09, 2023

10-K filing | 15.9M shares outstanding

16M 26K
Nov 10, 2022

10-Q filing | 16.0M shares outstanding

16M 0
Aug 15, 2022

10-Q filing | 15.9M shares outstanding

16M 70K
May 12, 2022

10-Q filing | 15.9M shares outstanding

16M 83K
Mar 15, 2022

10-K filing | 15.4M shares outstanding

15M 540K
Nov 12, 2021

10-Q filing | 15.8M shares outstanding

16M 140K
Aug 12, 2021

10-Q filing | 15.6M shares outstanding

16M 320K
Jul 09, 2021

S-3 filing: The selling stockholder may sell or dispose of up to 1,618,122 shares of common stock.

14M 1.6M
May 12, 2021

10-Q filing | 14.3M shares outstanding

14M 0
Mar 23, 2021

10-K filing | 15.5M shares outstanding

16M 0
Nov 10, 2020

10-Q filing | 13.9M shares outstanding

14M 0
Aug 07, 2020

10-Q filing | 13.8M shares outstanding

14M 0
May 12, 2020

10-Q filing | 13.8M shares outstanding

14M 0
Mar 13, 2020

10-K filing | 13.7M shares outstanding

14M 0
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