$NOTEW
FiscalNote Holdings, Inc.
CIK:0001823466|SEC Filings
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($) |
3 Months Ended | 6 Months Ended | ||||
|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| Revenues: | ||||||
| Total revenues | $ 19,581,000 | $ 23,264,000 | $ 39,606,000 | $ 50,775,000 | ||
| Operating expenses: | ||||||
| Cost of revenues, including amortization | [1] | 3,976,000 | 4,948,000 | 8,129,000 | 11,932,000 | |
| Research and development | [1] | 1,580,000 | 2,267,000 | 3,622,000 | 5,370,000 | |
| Sales and marketing | [1] | 4,504,000 | 6,692,000 | 10,223,000 | 14,451,000 | |
| Editorial | [1] | 3,391,000 | 3,472,000 | 7,011,000 | 8,270,000 | |
| General and administrative | [1] | 9,231,000 | 11,378,000 | 18,735,000 | 27,676,000 | |
| Amortization of intangible assets | [1] | 1,889,000 | 1,934,000 | 3,782,000 | 4,265,000 | |
| Impairment of goodwill | [1] | 19,100,000 | 0 | 54,700,000 | 0 | |
| Total operating expenses | [1] | 43,671,000 | 30,691,000 | 106,202,000 | 71,964,000 | |
| Operating loss | (24,090,000) | (7,427,000) | (66,596,000) | (21,189,000) | ||
| Loss (gain) on sale of business (Note 3) | 0 | 319,000 | 0 | (15,424,000) | ||
| Interest expense, net | 3,904,000 | 4,338,000 | 7,260,000 | 9,465,000 | ||
| Change in fair value of financial instruments | (93,000) | 1,577,000 | (1,955,000) | 906,000 | ||
| Loss on debt extinguishment, net | 0 | 0 | 0 | 1,784,000 | ||
| Other (income) expense, net | 21,000 | 405,000 | (165,000) | 435,000 | ||
| Net loss before income taxes | (27,922,000) | (14,066,000) | (71,736,000) | (18,355,000) | ||
| Benefit from income taxes | (88,000) | (795,000) | (289,000) | (834,000) | ||
| Net loss | (27,834,000) | (13,271,000) | (71,447,000) | (17,521,000) | ||
| Other comprehensive income | 966,000 | 50,000 | 887,000 | 351,000 | ||
| Total comprehensive loss | (26,868,000) | (13,221,000) | (70,560,000) | (17,170,000) | ||
| Net loss used to compute basic loss per share | (27,834,000) | (13,271,000) | (71,447,000) | (17,521,000) | ||
| Net loss used to compute diluted loss per share | $ (27,834,000) | $ (13,271,000) | $ (71,447,000) | $ (17,521,000) | ||
| Loss per share attributable to common shareholders (Note 12): | ||||||
| Basic | $ (1.06) | $ (1) | $ (3.22) | $ (1.35) | ||
| Diluted | $ (1.06) | $ (1) | $ (3.22) | $ (1.35) | ||
| Weighted average shares used in computing loss per share attributable to common shareholders: | ||||||
| Basic | 26,145,210 | 13,333,374 | 22,217,096 | 12,972,412 | ||
| Diluted | 26,145,210 | 13,333,374 | 22,217,096 | 12,972,412 | ||
| Subscription | ||||||
| Revenues: | ||||||
| Total revenues | $ 18,800,000 | $ 21,380,000 | $ 37,853,000 | $ 46,612,000 | ||
| Non-subscription | ||||||
| Revenues: | ||||||
| Total revenues | $ 781,000 | $ 1,884,000 | $ 1,753,000 | $ 4,163,000 | ||
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