FiscalNote Holdings, Inc.
NOTEOTCIndustrials · Services-Business Services, NEC · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $95.4M | $120.3M | $132.6M | $113.8M | $82.9M | — |
| Operating income | −$49.5M | −$31.9M | −$97.7M | −$88.2M | −$5.9M | −$672,065 |
| Net income | −$65.2M | $9.5M | −$115.5M | −$218.3M | −$3.7M | −$641,377 |
| Total assets | $255.1M | $326.2M | $370.6M | $433.2M | $176.2M | $177.8M |
| Total liabilities | $193.2M | $228.4M | $327.1M | $288.5M | $30.5M | $8.1M |
| Equity | $62.0M | $97.8M | $43.5M | $144.7M | −$29.3M | $5.0M |
| EPS (diluted) | $-4.65 | $0.83 | $-0.88 | $-3.68 | $-19.80 | — |
| Shares out. | 14.0M | 11.4M | 131.4M | 66.5M | 15.5M | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −51.9%
- Net margin
- −68.4%
- Return on equity
- −105.3%
- Return on assets
- −25.6%
- Return on capital (ROCE)
- −23.5%
- Liabilities / assets
- 75.7%
- Debt / equity
- 3.12×
- Book value / share
- $4.42
- Revenue growth (YoY)
- −20.7%
- Net income growth (YoY)
- −785.6%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -12.08distress
- Accruals / assets
- −21.1%clean
- Piotroski F-Score
- 2/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 5 warning● 1 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 16, 2026
- NT 10-Qmissed a reporting deadline ↗Aug 12, 2025
- NT 10-Qmissed a reporting deadline ↗May 13, 2025
- NT 10-Kmissed a reporting deadline ↗Mar 14, 2025
- NT 10-Qmissed a reporting deadline ↗Aug 16, 2022
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2022
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 389,474 | 1.0 | -3.3% |
| Apr 30, 2026 | 402,799 | 1.0 | -67.2% |
| Apr 15, 2026 | 1.2M | 1.9 | -56.7% |
| Mar 31, 2026 | 2.8M | 3.5 | +12.8% |
| Mar 13, 2026 | 2.5M | 11.0 | +13.5% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Shareholder voteMay 29, 2026
- Other material eventMay 18, 2026
- Results of operationsMay 7, 2026
- Other material eventApr 21, 2026
- Delisting / listing-standard notice · Other material eventMar 26, 2026
- Director / officer changeMar 19, 2026
- Results of operationsMar 19, 2026
- Regulation FD disclosureFeb 20, 2026
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.