TOP SHIPS INC. (TOPS) AI Dilution Summary

Cash was $11,447,000 at the 2026-06-30 balance-sheet date. The company is funding itself through its active Maxim Group LLC ATM program, which is authorised to $5,800,000. Through 2026-09-22 it has sold 2,148,704 shares since the program began, of which 1,195,481 were sold after the 2026-06-30 balance-sheet date; sales after 2026-09-22 are not yet reported.