NOTE
FiscalNote Holdings, Inc.
OTC Markets OTCIDUSDEQUITY
Technology
DELAYED
Sell
-33/100
Last price
0.02
▼ 0.01 (44.44%)
MARKET · —
Price
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Interval
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Session levels
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Tool
1D
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Range —
Vol —
vs
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Open
—
Prev close
0.03
Day high
0.03
Day low
0.01
Volume
1.91M
Market cap
$457.02K
P/E (TTM)
—
52W range
0.01 – 5.50
Trailing performance
Returnvs SPY
1W
-50.00%
-51.9%
1M
-70.59%
-71.7%
3M
-86.11%
-90.6%
6M
-94.21%
-112.4%
YTD
-98.98%
-113.2%
1Y
-99.70%
-116.1%
3Y
-99.94%
-182.2%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on NOTE open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
2.93M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Jul 24, 26 | COMPTON KEY Chief Executive Officer |
STOCK | 1.45M | $0 | Direct |
| Feb 2, 26 | HWANG TIMOTHY T. Director and Beneficial Owner of more than 10% of a Class of Security |
SELL | 4.09K | $4.90K | Indirect |
| Jan 2, 26 | HWANG TIMOTHY T. Director and Beneficial Owner of more than 10% of a Class of Security |
SELL | 1.72K | $2.76K | Indirect |
| Dec 31, 25 | RESNIK JOSHUA W Chief Executive Officer |
STOCK | 3.38K | $4.22K | Direct |
| Dec 2, 25 | HWANG TIMOTHY T. Director and Beneficial Owner of more than 10% of a Class of Security |
SELL | 5.59K | $10.70K | Indirect |
| Dec 1, 25 | SEDGLEY ANNA Director |
STOCK | 6.28K | $0 | Direct |
| Dec 1, 25 | JAIN MANOJ Director and Beneficial Owner of more than 10% of a Class of Security |
STOCK | 3.42K | $0 | Direct |
| Dec 1, 25 | SWEENEY BRANDON Director |
STOCK | 5.14K | $0 | Direct |
| Dec 1, 25 | NILSSON KEITH Director |
STOCK | 3.42K | $0 | Direct |
| Nov 6, 25 | HWANG TIMOTHY T. Director and Beneficial Owner of more than 10% of a Class of Security |
SELL | 7.70K | $19.96K | Indirect |
| Oct 1, 25 | HWANG TIMOTHY T. Director and Beneficial Owner of more than 10% of a Class of Security |
SELL | 10.55K | $47.41K | Indirect |
| Sep 3, 25 | SEDGLEY ANNA Director |
STOCK | 2.71K | $0 | Direct |
| Sep 3, 25 | JAIN MANOJ Director and Beneficial Owner of more than 10% of a Class of Security |
STOCK | 1.48K | $0 | Direct |
| Sep 3, 25 | SWEENEY BRANDON Director |
STOCK | 2.22K | $0 | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
AMAN TODD |
General Counsel | 1.08M | Sale |
CALLAHAN MICHAEL JOHN |
Director | 555.17K | Stock Award(Grant) |
COMPTON KEY |
Chief Executive Officer | 2.03M | Stock Award(Grant) |
DONNELL PAUL |
Officer | 415.94K | Sale |
JAIN MANOJ |
Director and Beneficial Owner of more than 10% of a Class of Security | 2.46M | Stock Award(Grant) |
MCCHRYSTAL STANLEY A |
Director | 425.99K | Stock Award(Grant) |
NILSSON KEITH |
Director | 902.89K | Stock Award(Grant) |
SLABAUGH JON |
Officer | 1.47M | Stock Award(Grant) |
YAO GERALD |
Officer and Director | — | Stock Award(Grant) |
YIU CONRAD |
Director | 3.07M | Stock Award(Grant) |
Fundamentals
Market cap$457.02K
Enterprise value$120.69M
Revenue (TTM)$84.24M
Gross profit$66.84M
EBITDA$-17.42M
Net income$-119.17M
EPS (TTM)$-6.40
Free cash flow$-2.47M
Total cash$19.95M
Total debt$140.20M
Book value / share$0.01
Shares outstanding29.78M
Float27.36M
Short % of float0.06%
Dividend yield0.00%
Beta (5Y)0.80
Valuation & profitability ratios
Trailing P/E—
Forward P/E-0.04
PEG ratio—
Price / sales—
Price / book1.50
EV / revenue1.43
EV / EBITDA-6.93
Gross margin79.35%
Operating margin-16.23%
Profit margin-141.47%
Return on equity-249.92%
Return on assets-6.91%
Debt / equity51,166.06
Current ratio0.23
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $95.41M | $120.27M | $132.65M | $113.77M | -20.7% |
| Operating revenue | $92.57M | $117.63M | $127.33M | $113.77M | -21.3% |
| Cost of revenue | $36.13M | $44.17M | $58.12M | $47.89M | -18.2% |
| Gross profit | $59.28M | $76.10M | $74.53M | $65.87M | -22.1% |
| Research & development | $9.57M | $12.83M | $18.19M | $20.74M | -25.4% |
| Selling, general & admin | $78.76M | $85.29M | $111.27M | $120.48M | -7.7% |
| Total operating expense | $96.40M | $108.04M | $140.97M | $151.67M | -10.8% |
| Operating income | -$37.13M | -$31.95M | -$66.44M | -$85.79M | -16.2% |
| Net interest income | -$16.49M | -$23.59M | -$29.94M | -$95.74M | +30.1% |
| Pre-tax income | -$66.50M | $10.05M | -$115.24M | -$221.51M | -761.5% |
| Tax provision | -$1.25M | $536.00K | $223.00K | -$3.25M | -333.2% |
| Net income | -$65.25M | $9.52M | -$115.46M | -$218.26M | -785.6% |
| Net income to common | -$65.25M | $9.52M | -$115.46M | -$244.83M | -785.6% |
| Basic EPS | -4.65 | 0.84 | -10.56 | -44.16 | -653.6% |
| Diluted EPS | -4.65 | 0.84 | -10.56 | -44.16 | -653.6% |
| EBIT | -$50.01M | $33.64M | -$85.30M | -$125.77M | -248.7% |
| EBITDA | -$32.03M | $53.51M | -$56.58M | -$104.99M | -159.9% |
| Basic shares | 14.03M | 11.44M | 10.95M | 5.54M | +22.6% |
| Diluted shares | 14.03M | 11.44M | 10.95M | 5.54M | +22.6% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $24.32M | $28.81M | $16.45M | $60.39M | -15.6% |
| Cash & short-term investments | $26.31M | $34.61M | $23.59M | $60.39M | -24.0% |
| Accounts receivable | $11.95M | $13.46M | $16.93M | $14.91M | -11.2% |
| Total current assets | $45.55M | $57.19M | $49.80M | $86.00M | -20.3% |
| Property, plant & equipment | $17.82M | $20.67M | $23.92M | $28.33M | -13.8% |
| Goodwill & intangibles | $188.53M | $245.04M | $291.94M | $314.40M | -23.1% |
| Total assets | $255.14M | $326.20M | $370.56M | $433.16M | -21.8% |
| Total current liabilities | $44.43M | $51.25M | $65.65M | $62.11M | -13.3% |
| Current debt | $2.81M | $36.00K | $105.00K | $68.00K | +7,713.9% |
| Long-term debt | $125.64M | $147.04M | $222.31M | $161.98M | -14.6% |
| Total debt | $151.08M | $172.95M | $251.64M | $197.87M | -12.6% |
| Total liabilities | $193.19M | $228.37M | $327.10M | $288.47M | -15.4% |
| Retained earnings | -$872.15M | -$806.90M | -$816.42M | -$700.74M | -8.1% |
| Shareholder equity | $61.95M | $97.83M | $43.46M | $144.69M | -36.7% |
| Working capital | $1.12M | $5.93M | -$15.85M | $23.89M | -81.1% |
| Net tangible assets | -$126.57M | -$147.21M | -$248.48M | -$169.71M | +14.0% |
| Shares issued | 16.25M | 12.59M | 10.83M | 10.95M | +29.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$65.25M | $9.52M | -$115.46M | -$218.26M | — | -785.6% |
| Depreciation & amortisation | $17.97M | $19.87M | $28.72M | $20.78M | — | -9.5% |
| Stock-based compensation | $14.79M | $17.95M | $27.06M | $38.05M | — | -17.6% |
| Change in working capital | -$4.63M | -$3.87M | -$10.18M | -$17.10M | — | -19.8% |
| Operating cash flow | -$11.44M | -$5.30M | -$35.49M | -$72.63M | — | -116.0% |
| Capital expenditure | -$7.20M | -$8.88M | -$7.94M | -$11.37M | — | +18.9% |
| Investing cash flow | $39.71M | $89.17M | -$20.32M | -$10.24M | — | -55.5% |
| Share buybacks | — | — | $0 | -$88.00K | $0 | — |
| Financing cash flow | -$32.83M | -$71.43M | $12.08M | $111.53M | — | +54.0% |
| Free cash flow | -$18.65M | -$14.18M | -$43.43M | -$83.99M | — | -31.5% |
| End cash position | $24.95M | $29.45M | $17.30M | $61.22M | — | -15.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $19.58M | $20.02M | $22.20M | $22.43M | $23.26M | -2.2% |
| Operating revenue | $19.34M | $19.64M | $21.81M | $21.81M | $22.19M | -1.5% |
| Cost of revenue | $7.37M | $7.77M | $7.91M | $8.02M | $8.42M | -5.2% |
| Gross profit | $12.21M | $12.25M | $14.30M | $14.41M | $14.84M | -0.3% |
| Research & development | $1.58M | $2.04M | $2.12M | $2.08M | $2.27M | -22.6% |
| Selling, general & admin | $13.73M | $15.22M | $16.47M | $20.16M | $18.07M | -9.8% |
| Total operating expense | $17.20M | $19.16M | $20.50M | $24.15M | $22.27M | -10.2% |
| Operating income | -$4.99M | -$6.91M | -$6.20M | -$9.74M | -$7.43M | +27.7% |
| Net interest income | -$3.90M | -$3.36M | -$3.33M | -$3.69M | -$4.34M | -16.3% |
| Pre-tax income | -$27.92M | -$43.81M | -$23.05M | -$25.09M | -$14.07M | +36.3% |
| Tax provision | -$88.00K | -$201.00K | -$179.00K | -$237.00K | -$795.00K | +56.2% |
| Net income | -$27.83M | -$43.61M | -$22.87M | -$24.86M | -$13.27M | +36.2% |
| Net income to common | -$27.83M | -$43.61M | -$22.87M | -$24.86M | -$13.27M | +36.2% |
| Basic EPS | -1.06 | -2.39 | -1.45 | -1.73 | -0.96 | +55.6% |
| Diluted EPS | -1.06 | -2.39 | -1.45 | -1.73 | -0.96 | +55.6% |
| EBIT | -$24.02M | -$40.46M | -$19.72M | -$21.40M | -$9.73M | +40.6% |
| EBITDA | -$20.23M | -$36.74M | -$15.79M | -$17.43M | -$5.77M | +44.9% |
| Basic shares | 26.15M | 18.25M | 15.76M | 14.38M | 13.33M | +43.3% |
| Diluted shares | 26.15M | 18.25M | 15.76M | 14.38M | 13.33M | +43.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | $17.95M | $23.84M | $24.32M | $26.68M | $34.01M | — | -24.7% |
| Cash & short-term investments | $19.95M | $25.84M | $26.31M | $31.19M | $38.52M | — | -22.8% |
| Accounts receivable | $7.27M | $9.33M | $11.95M | $9.71M | $9.36M | — | -22.1% |
| Total current assets | $33.89M | $43.09M | $45.55M | $49.07M | $56.67M | — | -21.3% |
| Property, plant & equipment | $16.42M | $17.14M | $17.82M | $18.47M | $19.16M | — | -4.2% |
| Goodwill & intangibles | $129.98M | $150.97M | $188.53M | $202.98M | $209.82M | — | -13.9% |
| Total assets | $182.25M | $213.44M | $255.14M | $273.87M | $288.35M | — | -14.6% |
| Total current liabilities | $148.30M | $155.60M | $44.43M | $48.55M | $45.43M | — | -4.7% |
| Current debt | $106.81M | $111.61M | $2.81M | $6.34M | — | $9.00K | -4.3% |
| Long-term debt | $12.43M | $11.54M | $125.64M | $125.16M | $116.75M | — | +7.7% |
| Total debt | $140.19M | $144.97M | $151.08M | $154.94M | $140.96M | — | -3.3% |
| Total liabilities | $181.97M | $188.64M | $193.19M | $198.37M | $190.53M | — | -3.5% |
| Retained earnings | -$943.59M | -$915.76M | -$872.15M | -$849.27M | -$824.42M | — | -3.0% |
| Shareholder equity | $274.00K | $24.80M | $61.95M | $75.50M | $97.81M | — | -98.9% |
| Working capital | -$114.41M | -$112.51M | $1.12M | $526.00K | $11.24M | — | -1.7% |
| Net tangible assets | -$129.70M | -$126.18M | -$126.57M | -$127.48M | -$112.01M | — | -2.8% |
| Shares issued | 28.14M | 19.40M | 16.25M | 14.70M | 13.61M | — | +45.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$27.83M | -$43.61M | -$22.87M | -$24.86M | -$13.27M | +36.2% |
| Depreciation & amortisation | $3.78M | $3.72M | $3.93M | $3.96M | $3.96M | +1.7% |
| Stock-based compensation | $828.00K | $3.04M | $3.81M | $3.64M | $3.96M | -72.8% |
| Change in working capital | $393.00K | $4.54M | -$1.72M | -$4.21M | -$6.80M | -91.3% |
| Operating cash flow | -$2.13M | $3.02M | -$279.00K | -$8.27M | -$6.18M | -170.4% |
| Capital expenditure | -$1.67M | -$1.65M | -$1.64M | -$2.09M | -$1.49M | -1.2% |
| Investing cash flow | -$1.67M | -$1.65M | -$1.64M | $4.56M | -$1.49M | -1.2% |
| Financing cash flow | -$1.88M | -$1.83M | -$467.00K | -$3.55M | -$9.00K | -2.5% |
| Free cash flow | -$3.80M | $1.37M | -$1.92M | -$10.36M | -$7.67M | -377.5% |
| End cash position | $18.59M | $24.47M | $24.95M | $27.33M | $34.65M | -24.0% |
Options analytics
Put / call volume
0.33
Call-heavy session
Put / call open interest
3.62
Positioning, not flow
Max pain
2.50
+16,566.7% from spot
ATM implied vol
50.0%
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
601
Contracts, this expiry
Put volume
200
Contracts, this expiry
Heaviest call OI
5.00
500 contracts
Heaviest put OI
2.50
1.81K contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | -0.12 | -0.20 | -77.7% |
| Mar 2026 | -0.21 | -0.33 | -61.1% |
| Dec 2025 | -0.21 | -0.30 | -45.6% |
| Sep 2025 | -0.36 | -0.38 | -4.8% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | -0.09 | 1 | $19.10M | -14.9% |
| Next quarter | -0.09 | 1 | $17.71M | -20.3% |
| Current year | -0.45 | 1 | $76.44M | -19.9% |
| Next year | -0.36 | 1 | $74.43M | -2.6% |
Analyst targets & ownership
Mean target$2.13
High target$3.00
Low target$1.25
Implied upside14066.67%
Analyst count2
ConsensusSTRONG BUY
Strong buy / Buy0 / 2
Hold0
Sell / Strong sell0 / 0
Held by insiders9.61%
Held by institutions8.13%
Institutions holding5
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
0.03
-45.05% from price
SMA 20
0.03
-54.75% from price
SMA 50
0.06
-76.08% from price
SMA 100
0.11
-85.75% from price
SMA 200
0.52
-97.11% from price
EMA 12
0.03
-48.94% from price
EMA 26
0.04
-62.64% from price
EMA 50
0.07
-77.00% from price
RSI (14)
25.8
Oversold
MACD (12,26,9)
-0.01
Hist 0.00
ATR (14)
0.01
43.33% of price
Realised vol 30D
243.6%
Annualised
Bollinger upper
0.05
20, 2σ
Bollinger lower
0.02
20, 2σ
50 / 200 cross
Death
0.06 vs 0.52
Trend bias
Below 200
-97.11%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.41
Less volatile than market
Correlation to SPY
0.04
Largely independent
Realised vol 30D
243.6%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-99.7%
Peak to trough
Max drawdown 5Y
-100.0%
Peak to trough
ATR 14
0.01
43.33% of price
Beta (reported)
0.80
5Y monthly, from filing
Short interest
Shares short
3.99K
Prior 2.86M
Change vs prior
-99.9%
Shorts covering
% of float
0.06%
Normal
% of shares out
0.02%
Against total outstanding
Days to cover
0.0
Liquid
Float
27.36M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 12, 26 | Ladenburg Thalmann | MAINTAINED | Buy | Buy |
| Mar 26, 26 | Ladenburg Thalmann | MAINTAINED | Buy | Buy |
| Aug 12, 25 | D. Boral Capital | MAINTAINED | Buy | Buy |
| May 13, 25 | D. Boral Capital | MAINTAINED | Buy | Buy |
| May 1, 25 | Ladenburg Thalmann | INITIATED | — | Buy |
| Mar 17, 25 | D. Boral Capital | MAINTAINED | Buy | Buy |
| Mar 14, 25 | Roth MKM | MAINTAINED | Buy | Buy |
| Mar 14, 25 | B. Riley Securities | MAINTAINED | Buy | Buy |
| Feb 25, 25 | D. Boral Capital | MAINTAINED | Buy | Buy |
| Jan 16, 25 | D. Boral Capital | MAINTAINED | Buy | Buy |
| Nov 13, 24 | D. Boral Capital | MAINTAINED | Buy | Buy |
| Nov 13, 24 | B. Riley Securities | MAINTAINED | Buy | Buy |
Dividends & splits
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay date—
Last split1:12
Split dateSep 2, 2025
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-09-02
Offering Registrations
S-8 · 2026-08-14
Periodic Financial Reports
10-Q · 2026-08-10
Corporate Changes & Voting Matters
8-K/A · 2026-07-28
Corporate Changes & Voting Matters
8-K · 2026-07-24
Corporate Changes & Voting Matters
8-K · 2026-06-26
Corporate Changes & Voting Matters
8-K · 2026-06-24
Corporate Changes & Voting Matters
8-K · 2026-06-16
Headlines
FiscalNote Holdings, Inc. Q2 2026 Earnings Call Summary
Moby · 57d ago
FiscalNote Holdings Inc (NOTE) (Q2 2026) Earnings Call Highlights: Strategic Pivots Amidst ...
GuruFocus.com · 57d ago
FiscalNote Holdings, Inc. (NOTE) Reports Q2 Loss, Lags Revenue Estimates
Zacks · 58d ago
FiscalNote Reports Second Quarter 2026 Financial Results
Business Wire · 58d ago
Cipher Digital Inc. (CIFR) Reports Q2 Loss, Lags Revenue Estimates
Zacks · 64d ago
PRIVATE STRATEGY · BY QUALIFICATION
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