KALA BIO, Inc. (KALA) AI Dilution Summary

Cash was $229,000 at 2026-06-30 against estimated monthly burn of $734,000; the stated funding channel is an active at-the-market program with H.C. Wainwright & Co., LLC, authorised to $250,000,000. Dilution is driven primarily by that ATM capacity, which is stated in dollars rather than shares: a fixed dollar amount of sales is filled with more shares at a lower price, so the issuable share count is not set by contract.