There’s an alternate way to calculate DE franchise tax which disarms that alarming share-number-based tax scenario, btw. It’s based on gross assets, it comes to the minimum tax if your gross assets are <$1MM, according to https://corp.delaware.gov/frtaxcalc/

But yeah, I remember the pit in my stomach the first time I did franchise taxes and the first method came out to some obscenely high number.