Here are the 10-Q quarterly reports from Fiscalnote Holdings Inc WTS (NOTEW) in our archive since June 2025, 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 NOTEW 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 NOTEW filings page.
FiscalNote Holdings, Inc. reported third-quarter 2026 revenue of $18.660 million, compared with $22.429 million in the same 2025 quarter, and a net loss of $5.881 million versus $24.855 million. Nine-month revenue was $58.266 million versus $73.204 million, while net loss was $77.328 million versus $42.376 million; the 2026 figure included a $54.700 million goodwill impairment.
Operating cash use for the nine months was $5.346 million, compared with $11.164 million a year earlier. Cash, cash equivalents and restricted cash totaled $10.844 million at September 30, 2026.
At September 30, 2026, FiscalNote did not meet minimum cash, annual recurring revenue and adjusted EBITDA covenants under its 2025 Senior Term Loan; none of these defaults had been waived. The lenders reserved rights that could include immediate repayment. Forbearance agreements on subordinated notes expired on August 22, 2026, leaving those notes in default and triggering a cross-default under the senior loan; $98.749 million of debt was classified as current. A $15.049 million mandatory prepayment is due no later than March 31, 2027.
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.