TELA (TELA) AI Dilution Summary

Cash was $30,424,000 at 2026-06-30 against estimated monthly burn of $3,127,000. The company's at-the-market program with Piper Sandler & Co. is authorised to $50,000,000, with $0 sold to date. Dilution here is driven primarily by S-3 shelf 333-275511.