Ann: FBR signs $0.63m contract for walls and slabs of 16 homes, page-123

yes there has been share dilution but remember that even though shares increase through capital raises, so too does the value of the firm, in terms of net assets. Remember that when companies issue new shares, there are more shares in Circulation but the value of the firm increases by the dollars raised as the dollars raised are used by the firm for opex and capex. In fbrs case, to develop the hx through r&d activities.

disclsimer:
this is my understanding but I could be wrong so don’t rely on it as I’m not an accountant nor am I a financial advisor. This is not investment or accounting advice. Do your own research, etc etc…