GEG (GEG) AI Dilution Summary

Cash was $53,474,000 at the 2026-06-30 balance-sheet date, and one shelf registration is on file. Dilution here is driven primarily by the $36,838,000 of 5.0% Convertible Senior PIK Notes due 2030. Holders may convert at a fixed conversion price of $3.47, which yields 10,609,410 shares at that conversion price, and the notes mature 2030-02-26.