Wallace has been sidelined since being knocked unconscious in a game Feb. 22.
"He's been working out, and he's been on the floor. Did some up-and-down running, got a little winded," Charlotte coach Sam Vincent said before Saturday night's game against the Washington Wizards. "But he's feeling pretty comfortable that by the Dallas game he should at least be good enough to be able to get on the floor a little bit."
Wallace ranks second on the Bobcats in scoring average (20.6 points) and rebounding (6.2).
Vincent said it's too soon to know whether Wallace's minutes will need to be monitored once he's back in uniform.
"Probably on Monday and Tuesday, when we get him back on the floor and he practices with full contact, maybe at that point we'll speak to the doctors and get a feel for whether or not we should be limiting his time on the floor," the coach said.
"It's hard to really say where exactly he is right now," Vincent said.