FiscalNote Holdings, Inc. disclosed substantial doubt about its ability to continue as a going concern
Substantial doubt raised, alleviated by management's plans → Substantial doubt about ability to continue as a going concern
Liquidity and Going Concern In accordance with Accounting Standards Codification Topic 205-40, Going Concern, the Company evaluates whether there are certain conditions and events, when considered in the aggregate, which raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s cash, cash equivalents, restricted cash, and short-term investments were $20,589 at June 30, 2026, compared with $26,947 at December 31, 2025. Further, the Company had a negative working capital balance of $135,001 (excluding cash and short-term investments) at June 30, 2026 and…
Evidence
- Blank check
- No
- Comparable
- Yes
- Current state
- substantial_doubt
- Current state label
- Substantial doubt about ability to continue as a going concern
- Direction
- escalated
- Located in
- going-concern note
- Prior filed
- 2026-05-11
- Prior form
- 10-Q
- Prior state
- doubt_alleviated
- Prior state label
- Substantial doubt raised, alleviated by management's plans
- Source
- ASC 205-40 going-concern note comparison
- Why
- Disclosure about the company's ability to continue as a going concern changed compared with its previous report.