RAND CAPITAL CORP (RAND) AI Dilution Summary

Cash was $429,639 at the 2026-06-30 balance-sheet date, against estimated monthly burn of $1,213,222. The dilution facts do not disclose an active ATM program, an equity line or a dated recent financing as the funding channel, so the funding posture stated here rests on that anchor cash figure alone. Shares outstanding total 2,969,814 on the current basis.