Every 10-Q that FISCALNOTE HLDG INC A (NOTE) 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 10-Q covers the quarterly report filed between annual reports, so if you follow NOTE 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 NOTE filings page.
FiscalNote Holdings, Inc. reports sharply weaker results and serious liquidity pressure for the six months ended June 30, 2026. Total revenues were $39.6M versus $50.8M a year earlier, with subscription revenue falling to $37.9M from $46.6M. The company posted a net loss of $71.4M and recorded $54.7M of goodwill impairment, driving its accumulated deficit to $943.6M.
Cash, cash equivalents, restricted cash, and short-term investments totaled $20.6M, while current liabilities were $148.3M, including $106.8M of current maturities of long‑term debt, producing a negative working capital balance of $135.0M (excluding cash and short‑term investments). Total debt was $122.1M.
The company has substantial doubt about its ability to continue as a going concern, citing historical operating losses, covenant breaches under its 2025 Senior Term Loan, delisting of its Class A stock from the NYSE, and cross‑default risk tied to subordinated convertible notes. Forbearance agreements with subordinated creditors currently extend only to August 21, 2026. Management plans include debt renegotiations, asset sales, and potential equity offerings, but acknowledges these plans do not yet alleviate substantial doubt.
FiscalNote Holdings, Inc. reported a first-quarter 2026 net loss of $43.6 million on revenues of $20.0 million, down from $27.5 million a year earlier, as subscription and non-subscription revenue both declined.
Results reflect a $35.6 million goodwill impairment, shrinking total assets to $213.4 million and stockholders’ equity to $24.8 million. Liquidity remains tight, with cash, cash equivalents, restricted cash, and short-term investments of $26.5 million and a large current debt burden after reclassifying the 2025 Senior Term Loan and certain subordinated notes as current.
The company discloses substantial doubt about its ability to continue as a going concern due to recurring losses, negative working capital, covenant pressures, and NYSE delisting–related defaults under subordinated convertible notes, which could trigger cross-defaults on senior debt if forbearance is not extended.
FiscalNote Holdings (NOTE) filed its Q3 2025 report, showing total revenue of $22,429 and a net loss of $24,855. Operating loss was $9,739 as subscriptions remained the primary driver.
Liquidity and capital structure shifted meaningfully. Cash and cash equivalents were $26,682, with $4,511 in short-term investments and $646 in restricted cash. Gross debt stood at $135,259 (long‑term debt $125,160). The company completed 2025 Senior Term Loan financing and issued convertible debentures, while selling businesses: Oxford Analytica and Dragonfly for $40,000 cash and TimeBase for $7,414, recording gains and using proceeds to retire prior loans.
Management disclosed substantial doubt about continuing as a going concern within one year due to potential noncompliance with financial covenants on the 2025 Senior Term Loan. The company also executed a 1‑for‑12 reverse stock split effective September 2, 2025. Net cash used in operating activities was $11,164 for the nine months ended September 30, 2025.
FiscalNote Holdings reported constrained liquidity and ongoing losses in its Q2 filing. Cash and short-term investments totaled $39.2 million at June 30, 2025, up from $35.3 million at December 31, 2024, but the company had a negative working capital balance of $27.9 million (excluding cash) and an accumulated deficit of $824.4 million.
FiscalNote recorded net losses of $32.9 million for the six months ended June 30, 2025 versus $33.8 million a year earlier. The company recognized a pre-tax gain on disposals of $15,424 related to asset sales and used proceeds to repay debt and cover transaction costs. The filing highlights concentrated U.S. government revenue exposure, debt instruments with conversion and PIK features, share-based payments, and potential volatility from fair-value remeasurements and contingent liabilities.