Aug. 19 at 1:18 AM
$DEFT One thing i figured out about share count... It appears that as of dec 31 2024, our fully diluted share count was 393m (if you account for RSU, options etc), Yahoo shows the current implied number at 390m, and the total float is currently 339m as of mid august, up from 330 million at the end of June. From what i can tell, 390m is the cap, and likley we won't be exceeding that, it's just that all the options they handed out like candy in 2021-2023 are being exercised quarter after quarter, increasing the share count. Once they become a cash generating machine at a higher run rate, they'll easily be able to stop the share inflation.