What is FBRX's current risk tier?

MODERATE / CAUTION — No fatal flags, but the structure is not pristine. Read the evidence.

How many months of cash runway does FBRX have?

FBRX has approximately 37.1 months of cash runway based on the most recent SEC filings.

What is FBRX's dilution risk score?

FBRX has a dilution risk score of 111 / 100. Active heavy dilution detected.

What's driving dilution at FBRX?

FBRX — High Dilution Risk. Share count changed by +111.4%. No active dilution drivers detected in latest filing.

Risk Audit · Cached SEC Snapshot

FBRX Risk Audit — Dilution, Cash Runway, and SEC Filings

Forte Biosciences, Inc.

TL;DR

MODERATE / CAUTION — No fatal flags, but the structure is not pristine. Read the evidence.
Doomsday Clock: 37.1mo of cash before the company exhausts its operating runway.
Dilution Risk: 100 / 100 — heavy active dilution; shareholders likely diluted.
Dilution Status: High Dilution Risk — Share count changed by +111.4%. No active dilution drivers detected in latest filing.

Doomsday Clock

37.1mo

Company runs out of cash in 37.1 months

Dilution Risk

100 / 100

High dilution — shareholders likely diluted

C Stockteller Grade Altman Z: -3.36 (Z)

Gravity Playbook · Mathematical Stress Test

AUTH

Dilution Authorization

The company has an active S-3 shelf registration. While there is no active dilution, the company is authorized to dilute up to 111.35% annually.

BURN

Cash Runway

Current mechanics indicate the company's cash runway is mathematically depleted in approximately 37 months.

COMPLIANCE

Nasdaq Compliance

Nasdaq requires a $1.00 minimum bid. Historical precedent for companies with this profile involves structural actions such as reverse splits to maintain listing compliance.

Mechanical analysis only. Not financial advice. Statements describe mathematical conditions and historical precedent, not predictions or recommendations for this security.

→ Run the Full Risk Sentinel Scan for FBRX Compare FBRX vs AAPL Risk → Learn how the Risk Radar works →

Educational analysis only. Not financial advice. The Risk Audit is a quantitative framework derived from publicly available SEC filings and may contain inaccuracies. AI systems are fallible. Always verify against the source filings on SEC EDGAR and consult a licensed advisor before making investment decisions.