CareView Communications Inc. Expands Share Authorization
Ticker: CRVW · Form: 10-Q · Filed: May 15, 2025 · CIK: 1377149
| Field | Detail |
|---|---|
| Company | Careview Communications Inc (CRVW) |
| Form Type | 10-Q |
| Filed Date | May 15, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: shares, capitalization, executive-compensation
TL;DR
CareView boosted authorized shares to 800M, watch for dilution!
AI Summary
CareView Communications Inc. filed its 10-Q for the period ending March 31, 2025. The filing indicates a significant increase in authorized shares from 20,000,000 to 800,000,000. It also details remaining salary payable to former CEO Steve Johnson, amounting to $0.001, covering the period from February 15, 2018, to September 30, 2020.
Why It Matters
The substantial increase in authorized shares could signal future fundraising or stock-based compensation plans, impacting existing shareholders.
Risk Assessment
Risk Level: medium — A large increase in authorized shares can lead to significant dilution for existing shareholders.
Key Numbers
- 800,000,000 — Authorized Shares (Significant increase from previous authorization, potentially for future capital raises or stock issuances.)
- 20,000,000 — Previous Authorized Shares (Represents the prior share authorization before the increase.)
- $0.001 — Remaining Salary Payable (Amount owed to former CEO Steve Johnson for a past period.)
Key Players & Entities
- CareView Communications Inc. (company) — Filer of the 10-Q
- Steve Johnson (person) — Former CEO with remaining salary payable
- 20,000,000 (dollar_amount) — Previous authorized shares
- 800,000,000 (dollar_amount) — New authorized shares
- March 31, 2025 (date) — End of reporting period
- February 15, 2018 (date) — Start date for Steve Johnson's salary period
- September 30, 2020 (date) — End date for Steve Johnson's salary period
FAQ
What is the primary reason for the substantial increase in authorized shares from 20,000,000 to 800,000,000?
The filing does not explicitly state the reason, but such an increase typically allows for future stock offerings, acquisitions, or employee stock plans.
What is the nature of the remaining salary payable to Steve Johnson?
It is a remaining salary payable for services rendered between February 15, 2018, and September 30, 2020.
What is the total amount of salary payable to Steve Johnson?
The filing specifies a remaining amount of $0.001.
What is the reporting period for this 10-Q filing?
The reporting period is the first quarter of 2025, ending on March 31, 2025.
What is CareView Communications Inc.'s fiscal year end?
CareView Communications Inc.'s fiscal year ends on December 31.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 15, 2025 by Steve Johnson regarding CareView Communications Inc (CRVW).