Every 8-K that HSONP (HSONP) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow HSONP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HSONP filings page.
Star Equity Holdings furnished an updated investor presentation outlining its diversified holding company strategy and financial profile as of March 31, 2026. The company reports pro forma trailing twelve‑month revenue of $228.2 million, gross profit of $95.0 million, and adjusted EBITDA of $12.2 million.
Management targets adjusted EBITDA of about $40 million by 2030, driven by organic growth and acquisitions across Building Solutions, Business Services, Energy Services, and Investments. Star Equity highlights approximately $215 million of U.S. net operating loss carryforwards, which it estimates could translate into about $45 million of future cash tax savings.
The company emphasizes capital allocation through opportunistic share repurchases (about $10 million since 2020), potential monetization of more than $20 million of non‑cash‑generating assets, and continued use of preferred stock for M&A. Insiders hold roughly 33% of shares, aligning leadership with shareholders.
Star Equity Holdings, Inc. entered into an At Market Issuance Sales Agreement with Ladenburg Thalmann & Co. Inc. that allows it to sell up to $8,700,000 of its 10% Series A Cumulative Perpetual Preferred Stock from time to time through the sales agent. Sales will be made as “at the market” offerings under an effective Form S-3 shelf registration, with the company paying a commission of up to 3.0% of the gross sales price per share and reimbursing certain expenses. The company is not obligated to sell any shares and can suspend offers under the program at any time.
Star Equity Holdings, Inc. reported that its Board of Directors declared a cash dividend of $0.25 per share on its 10% Series A Cumulative Perpetual Preferred Stock. The dividend will be paid on June 10, 2026 to holders of record on June 1, 2026.
The company describes itself as a diversified holding company with four divisions: Building Solutions, Business Services, Energy Services, and Investments, each focused on different industrial, services, and investment activities.
Star Equity Holdings, Inc. reported a much larger loss despite strong growth for the quarter ended March 31, 2026. Revenue rose to $50.1 million, up 57.1% from the first quarter of 2025, while gross profit increased to $20.6 million, up 25.4%.
Net loss attributable to common shareholders widened to $4.4 million, or $1.17 per diluted share, compared with a loss of $1.8 million, or $0.59 per share, a year earlier. Adjusted net loss per diluted share was $0.99 versus $0.38, and adjusted EBITDA loss increased to $1.6 million from $0.7 million.
Building Solutions generated $11.6 million of revenue with an adjusted EBITDA loss of $0.9 million and quarter-end backlog of $8.0 million. Business Services delivered $35.0 million of revenue and an adjusted EBITDA loss of $0.3 million, while Energy Services produced $3.5 million of revenue and $1.0 million of adjusted EBITDA.
The company ended the quarter with $10.3 million in total cash, including restricted cash, and used $1.4 million in operating cash flow. It repurchased 70,424 shares for about $0.7 million and highlighted approximately $215 million of U.S. net operating loss carryforwards as of December 31, 2025.
Star Equity Holdings, Inc. furnished an investor presentation outlining its diversified holding company strategy, financial profile, and long-term targets. The company highlights four divisions—Building Solutions, Business Services, Energy Services, and Investments—and emphasizes organic growth, acquisitions, and share repurchases.
For 2025 pro forma, Star Equity presents revenue of $224.7 million, gross profit of $95.0 million, and total adjusted EBITDA of $12.6 million, with a Vision 2030 goal of roughly $40 million in adjusted EBITDA. Management notes approximately $215 million of U.S. net operating loss carryforwards, which it estimates could translate into about $45 million of cash tax savings, or roughly $12.18 per share.
The presentation describes a three-pronged strategy to grow existing operating companies, pursue targeted investments, and acquire both public and private businesses, particularly microcaps. It also details portfolio optimization efforts, including prior divestitures, real estate sale‑leasebacks, and private and public investments managed through Star Equity Fund.
Star Equity Holdings, Inc., through its subsidiary Alliance Drilling Tools, completed sale and leaseback transactions for two properties in Texas and Utah on March 27, 2026. The Midland, Texas property was sold for $1.14 million and the Vernal, Utah property for $0.55 million, with prices subject to tax and other adjustments.
Alliance Drilling Tools simultaneously entered into 20-year, single-tenant triple net leases for both properties, guaranteed by Star Equity, with four optional five-year extensions. Under these leases, the subsidiary is responsible for rent plus insurance, taxes, utilities, and other property-related expenses.
Star Equity Holdings, Inc. updated its executive incentive compensation for 2025 and set new targets for 2026. For 2025, the Compensation Committee awarded CEO Jeffrey E. Eberwein an RSU bonus of $268,380, COO Richard K. Coleman, Jr. a $90,000 cash bonus and $45,000 RSU bonus, CAO Matthew K. Diamond a $45,743 cash bonus and $53,021 RSU bonus, and HTS Global CEO Jacob Zabkowicz a $150,000 cash bonus.
For 2026, the Committee adopted a new Executive Incentive Compensation Plan with target RSU opportunity of $650,000 for Eberwein, and combined cash and RSU targets of $337,500 for Coleman and $165,000 for Diamond. It also confirmed a 2026 target cash opportunity of $500,000 and 30,000 preferred shares for Zabkowicz. Payouts depend on adjusted EBITDA, corporate cost and qualitative objectives, and a separate 2026 long-term incentive program will reward growth in adjusted common shareholders’ equity book value over 2026–2028.
Star Equity Holdings reported strong 2025 growth driven by its Q3 merger, but remained unprofitable on a GAAP basis. Fourth-quarter revenue rose to $56.8 million, up 69% from a year earlier, with gross profit of $24.2 million and adjusted EBITDA increasing to $2.2 million from $0.9 million.
For full-year 2025, revenue grew 23% to $172.2 million, while adjusted EBITDA improved to $4.2 million from $0.9 million and pro forma adjusted EBITDA reached $12.6 million. Net loss attributable to common shareholders widened to $6.7 million, or $2.08 per diluted share, but adjusted net loss narrowed to $0.6 million, or $0.20 per share. The company ended 2025 with $13.4 million in cash including restricted cash, used $7.3 million in operating cash flow, and repurchased about 280,886 shares for $2.6 million. Star highlighted a $215 million U.S. net operating loss carryforward and set its 2026 annual meeting for May 27, 2026, with stockholder proposal and nomination notices due by March 27, 2026.
Star Equity Holdings, Inc. announced that its Board of Directors declared a cash dividend of $0.25 per share on its 10% Series A Cumulative Perpetual Preferred Stock. Shareholders of this preferred stock on record as of March 1, 2026 will receive the dividend on March 10, 2026.
The company also notes its recent corporate evolution, including the August 22, 2025 merger through which Star Operating Companies, Inc. became a wholly owned subsidiary, and its September 5, 2025 name and Nasdaq ticker changes to Star Equity Holdings, Inc., trading under STRR and STRRP.
Star Equity Holdings, Inc. submitted a current report to furnish an updated investor presentation about its business and operations as of September 30, 2025. The company made this presentation available on February 3, 2026, through the Investor Relations section of its website.
The presentation is provided under Regulation FD as summary information and is attached as Exhibit 99.1. It is furnished, not filed, so it is not subject to certain Exchange Act liabilities and is not automatically incorporated into other securities law filings.