LONA (LONA) AI Dilution Summary

Funding runs off the balance sheet plus an open at-the-market facility: cash was $51,100,000 at 2026-06-30 against estimated monthly burn of $6,316,667, with an ACTIVE ATM program through Cantor Fitzgerald & Co. and BTIG, LLC authorised to $75,000,000 and $0 sold to date.