FiscalNote Holdings, Inc. (NOTE)Technology | Information Technology Services | Washington, United States | OTC Markets OTCID
0.02 USD
+0.01
(52.027%)
⇧
(Oct. 14, 2026, 2:20 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 2:26 a.m. EDT
The investment case for FiscalNote is effectively broken by a catastrophic multi-year decline and a collapsing balance sheet. The company has suffered four consecutive years of negative annual returns, erasing over 96% of its value since 2021. Fundamentals are dire: the business is burning cash with negative operating margins, massive debt loads relative to equity, and shrinking revenues. The recent news of a CEO change and the looming delisting from the NYSE confirm that the market has lost faith in the company's ability to recover. While the price-to-book ratio appears attractive at 1.2x, this is a classic value trap where the book value is likely inflated by non-cash items or obsolete assets, and the market correctly prices in the high probability of insolvency or liquidation. There is no reliable dividend to provide income, and the statistical models suggest continued weakness. This is a high-risk speculative vehicle for distressed investors only, not a viable investment for capital preservation or growth. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.247291 |
| AutoTheta | 0.301898 |
| AutoETS | 0.503424 |
| MSTL | 0.516026 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 32% |
| H-stat | 3.16 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.725 |
| Excess Kurtosis | -0.58 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 51166.06 |
| Revenue per Share | 4.517 |
| Market Cap | 685,524 |
| Forward P/E | -0.06 |
| Beta | 0.80 |
| Profit Margins | -141.47% |
| Website | https://fiscalnote.com |
As of Oct. 10, 2026, 2:26 a.m. EDT: Speculators are overwhelmingly positioning for further downside. Put volume and open interest are concentrated deep in-the-money at the $2.50 strike, while call activity is negligible and limited to out-of-the-money strikes far above current prices. This asymmetry indicates a market consensus expecting the stock to remain trapped near lows or decline further, with no significant bullish hedging or speculative buying.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.996788 |
| Address1 | 1,201 Pennsylvania Avenue NW |
| Address2 | 6th Floor |
| All Time High | 147.6 |
| All Time Low | 0.012 |
| Ask | 0.0224 |
| Ask Size | 205,158 |
| Average Daily Volume10 Day | 1,199,430 |
| Average Daily Volume3 Month | 543,560 |
| Average Volume | 543,560 |
| Average Volume10Days | 1,199,430 |
| Beta | 0.799 |
| Bid | 0.0205 |
| Bid Size | 20,000 |
| Book Value | 0.01 |
| City | Washington |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 0.0225 |
| Current Ratio | 0.229 |
| Custom Price Alert Confidence | LOW |
| Date Short Interest | 1,773,360,000 |
| Day High | 0.0225 |
| Day Low | 0.013 |
| Debt To Equity | 51,166.06 |
| Display Name | FiscalNote |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,786,395,600 |
| Earnings Call Timestamp Start | 1,786,395,600 |
| Earnings Timestamp | 1,786,392,000 |
| Earnings Timestamp End | 1,793,908,800 |
| Earnings Timestamp Start | 1,793,908,800 |
| Ebitda | -17,424,000 |
| Ebitda Margins | -0.20684 |
| Enterprise To Ebitda | -6.927 |
| Enterprise To Revenue | 1.433 |
| Enterprise Value | 120,698,016 |
| Eps Current Year | -0.45 |
| Eps Forward | -0.36 |
| Eps Trailing Twelve Months | -6.4 |
| Esg Populated | 0 |
| Exchange | OID |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 0.05134 |
| Fifty Day Average Change | -0.028839998 |
| Fifty Day Average Change Percent | -0.5617452 |
| Fifty Two Week Change Percent | -99.6788 |
| Fifty Two Week High | 5.084 |
| Fifty Two Week High Change | -5.0615 |
| Fifty Two Week High Change Percent | -0.99557436 |
| Fifty Two Week Low | 0.012 |
| Fifty Two Week Low Change | 0.010500001 |
| Fifty Two Week Low Change Percent | 0.87500006 |
| Fifty Two Week Range | 0.012 - 5.084 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,607,351,400,000 |
| Float Shares | 27,350,914 |
| Forward Eps | -0.36 |
| Forward P E | -0.0625 |
| Free Cashflow | -2,470,000 |
| Full Exchange Name | OTC Markets OTCID |
| Full Time Employees | 343 |
| Fullday Change | 0.007700001 |
| Fullday Change Percent | 52.027035 |
| Fullday Price | 0.0225 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.79350996 |
| Gross Profits | 66,844,000 |
| Has Pre Post Market Data | 0 |
| Held Percent Insiders | 0.096099995 |
| Held Percent Institutions | 0.08131 |
| Implied Shares Outstanding | 30,467,767 |
| Industry | Information Technology Services |
| Industry Disp | Information Technology Services |
| Industry Key | information-technology-services |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,756,771,200 |
| Last Split Factor | 1:12 |
| Long Business Summary | FiscalNote Holdings, Inc. operates as a technology provider for global policy and regulatory intelligence in North America, Europe, Australia, and Asia. The company operates PolicyNote which delivers legislative tracking, regulatory analysis, and stakeholder engagement. It also delivers extensive policy data integrated with AI-powered monitoring and expert analysis. The company serves midsized and smaller businesses, government agencies, law firms, professional services organizations, trade groups, and non-profits. FiscalNote Holdings, Inc. was founded in 2013 and is headquartered in Washington, the District Of Columbia. |
| Long Name | FiscalNote Holdings, Inc. |
| Market | us_market |
| Market Cap | 685,524 |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_697565304 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -119,173,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 810,442 |
| Number Of Analyst Opinions | 2 |
| Open | 0.0148 |
| Operating Cashflow | -7,653,000 |
| Operating Margins | -0.16229999 |
| Payout Ratio | 0.0 |
| Phone | 202 793 5300 |
| Previous Close | 0.0148 |
| Price Eps Current Year | -0.050000004 |
| Price Hint | 4 |
| Price To Book | 2.2500002 |
| Price To Sales Trailing12 Months | 0.008137942 |
| Profit Margins | -1.41472 |
| Quick Ratio | 0.186 |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.007700001 |
| Regular Market Change Percent | 52.027035 |
| Regular Market Day High | 0.0225 |
| Regular Market Day Low | 0.013 |
| Regular Market Day Range | 0.013 - 0.0225 |
| Regular Market Open | 0.0148 |
| Regular Market Previous Close | 0.0148 |
| Regular Market Price | 0.0225 |
| Regular Market Time | 1,792,002,034 |
| Regular Market Volume | 1,508,408 |
| Return On Assets | -0.069120005 |
| Return On Equity | -2.4991999 |
| Revenue Growth | -0.158 |
| Revenue Per Share | 4.517 |
| Sand P52 Week Change | 0.17004645 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Shares Outstanding | 29,776,858 |
| Shares Percent Shares Out | 0.0002 |
| Shares Short | 3,986 |
| Shares Short Previous Month Date | 1,770,940,800 |
| Shares Short Prior Month | 2,863,207 |
| Short Name | FiscalNote Holdings, Inc. |
| Short Percent Of Float | 0.00059999997 |
| Short Ratio | 0.01 |
| Source Interval | 15 |
| State | DC |
| Symbol | NOTE |
| Target High Price | 3.0 |
| Target Low Price | 1.25 |
| Target Mean Price | 2.125 |
| Target Median Price | 2.125 |
| Total Cash | 19,954,000 |
| Total Cash Per Share | 0.655 |
| Total Debt | 140,195,008 |
| Total Revenue | 84,238,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -6.4 |
| Trailing Peg Ratio | None |
| Triggerable | 0 |
| Two Hundred Day Average | 0.47625 |
| Two Hundred Day Average Change | -0.45374998 |
| Two Hundred Day Average Change Percent | -0.95275587 |
| Type Disp | Equity |
| Volume | 1,508,408 |
| Website | https://fiscalnote.com |
| Zip | 20,004 |