Fully diluted

In accounting, fully diluted means counting every share that exists or could: issued stock, options granted, the unissued option poolEquity & financingOption poolShares the board reserves under a stockholder-approved equity plan for future grants of options and other awards. Granted options and the unissued remainder both count in fully diluted shares and convertible securities as converted. The basisCore ledgerBasisCash or accrual a SAFEEquity & financingSAFECash from an investor in exchange for a right to shares in a future priced round, usually at a valuation cap or a discount. Not debt and not yet stock; because a SAFE can require cash on a change of control, it is often classified as a liability under ASC 480 and remeasured at fair value — the terms decide's Company CapitalizationFixed assets & leasesCapitalizationRecording a cost as an asset rather than an expense because it brings a future benefit — then allocated to expense over that benefit, a priced roundEquity & financingPriced roundA financing in which investors buy a new series of preferred stock at a stated price per share, on a negotiated pre-money valuation — as opposed to a SAFE or note, which defers the price. Converting SAFEs and notes convert at its close's price per share and most ownership percentages are quoted on.