NutriBand Inc. (NTRB) AI Dilution Summary

Cash was $3,421,615 at the 2026-07-31 balance-sheet date, against estimated monthly burn of $195,000. Dilution here is driven primarily by the $6.43 warrants, with 4,509,963 shares underlying at a fixed exercise price of $6.43. The contract sets this share count at issuance, so exercise adds exactly that number of shares whatever the market price is.