MILESTONE SCIENTIFIC INC. (MLSS) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: June 02, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 10.79% (2 years)
Historical Dilution Factor: moderate recent dilution
Outstanding Shares
88M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

MLSS currently has 88.4M outstanding shares. with minimal authorized share overhang for future dilution. The company has diluted shareholders by 10.79% over the past 2 years through share issuances.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Jun 02, 2026

S-3 filing: This prospectus relates to the resale of up to 15,925,926 shares of common stock by selling stockholders, including 7,962,963 initial shares and 7,962,963 shares issuable upon the exercise of warrants.

88M 0
May 13, 2026

10-Q filing | 85.0M shares outstanding

85M 0
Mar 31, 2026

10-K filing | 82.1M shares outstanding

82M 0
Nov 13, 2025

10-Q filing | 82.3M shares outstanding

82M 0
Aug 14, 2025

10-Q filing | 82.0M shares outstanding

82M 0
May 15, 2025

10-Q filing | 81.9M shares outstanding

82M 0
Apr 15, 2025

10-K filing | 79.8M shares outstanding

80M 0
Nov 14, 2024

10-Q filing | 80.0M shares outstanding

80M 0
Aug 14, 2024

10-Q filing | 80.0M shares outstanding

80M 0
May 15, 2024

10-Q filing | 79.7M shares outstanding

80M 0
Mar 29, 2024

10-K filing | 72.8M shares outstanding

73M 0
Jan 12, 2024

8-K filing: Milestone Scientific Inc. completed a public offering of 4,765,000 shares of common stock at $0.63 per share and the underwriter exercised its overallotment option to purchase 372,110 additional shares at $0.63 per share. ($0.22M proceeds)

74M 0
Dec 12, 2023

8-K filing: Milestone Scientific Inc. entered into an Underwriting Agreement with Maxim Group LLC for a public offering of 4,765,000 shares of common stock at $0.63 per share, with the Underwriter having a 45-day option to purchase up to an additional 714,750 shares. ($2.56M proceeds)

74M 0
Nov 14, 2023

10-Q filing | 73.7M shares outstanding

74M 0
Oct 19, 2023

S-3 filing: The registration statement relates to the proposed issuance and sale, from time to time, of up to an aggregate offering price of $45,000,000 of shares of the company's common stock, preferred stock, warrants or other forms of subscription rights, and units consisting of any combination of common stock, preferred stock, or rights.

72M 0
Aug 14, 2023

10-Q filing | 72.3M shares outstanding

72M 0
May 10, 2023

10-Q filing | 72.1M shares outstanding

72M 0
Mar 30, 2023

10-K filing | 70.6M shares outstanding

71M 0
Nov 14, 2022

10-Q filing | 71.0M shares outstanding

71M 0
Aug 15, 2022

10-Q filing | 70.4M shares outstanding

70M 0
May 16, 2022

10-Q filing | 69.0M shares outstanding

69M 0
Mar 31, 2022

10-K filing | 68.8M shares outstanding

69M 0
Nov 12, 2021

10-Q filing | 69.6M shares outstanding

70M 0
Aug 13, 2021

10-Q filing | 69.2M shares outstanding

69M 0
May 14, 2021

10-Q filing | 66.6M shares outstanding

67M 0
Mar 31, 2021

10-K filing | 63.1M shares outstanding

63M 0
Nov 16, 2020

10-Q filing | 65.8M shares outstanding

66M 0
Aug 14, 2020

10-Q filing | 65.9M shares outstanding

66M 0
Jun 26, 2020

8-K filing: Milestone Scientific Inc. entered into an underwriting agreement with Maxim Group LLC for a public offering of 6,520,000 shares of common stock and warrants to purchase up to 3,260,000 shares, with gross proceeds of approximately $14.0 million before discounts and expenses. ($14.0M proceeds)

41M 0
May 15, 2020

10-Q filing | 41.1M shares outstanding

41M 0
Apr 09, 2020

8-K filing: Milestone Scientific Inc. entered into an Underwriting Agreement with Maxim Group LLC for a public offering of 4,750,000 shares of common stock and warrants to purchase up to 2,375,000 shares of common stock, with the offering expected to close on or about April 14, 2020. ($9.0M proceeds)

46M 0
Mar 30, 2020

10-K filing | 45.7M shares outstanding

46M 0
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