MEDICINOVA INC (MNOV) AI Dilution Summary

Cash was $25,415,921 at 2026-06-30, against estimated monthly burn of $640,016. The funding channel in place is an active at-the-market program with Lucid Capital Markets, LLC. It is authorised to $50,000,000, and $0 has been sold to date. Dilution here is driven primarily by S-3 shelf registration 333-291967, which is registered to $300,000,000 with $300,000,000 remaining and expires 2028-12-11.