STEM, INC. (STEM) AI Dilution Summary

Estimated cash was $38,415,000 as of 2026-06-30, matching the cash at the 2026-06-30 balance-sheet date. Funding runs through the active Jefferies LLC ATM program, authorised to $30,000,000, with 595,303 shares sold since the program began; the most recent capital raised was ATM sales through 2026-06-30, and sales after 2026-06-30 are not yet reported. Dilution here is driven primarily by that ATM program's $24,200,000 of remaining capacity.