---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-020010"
form_type: "8-K"
ticker: "HKHC"
cik: "0000088000"
company_name: "Horizon Kinetics Holding Corp"
filed_at: "2025-02-13T23:59:59+00:00"
generated_at: "2026-05-26T22:33:28.308614+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Horizon Kinetics restates 2023-2024 financials to consolidate proprietary funds; no change to net loss or equity

## Summary
- Audit committee on Feb 7, 2025 determined prior financials (FY2023, FY2022, interim 2024) should no longer be relied upon.
- Restatement required to consolidate certain proprietary funds under VIE model; net loss attributable remains $4.492M for FY2023.
- Total assets restated from $231.9M to $1.12B due to consolidation of fund assets ($903.7M investments).
- Redeemable noncontrolling interests of $878.3M added; no impact on shareholders' equity or cash.
- Company expects to file restated 10-K for FY2024 by March 31, 2025.

## SEC filing metadata
- accession: 0000950170-25-020010
- form_type: 8-K
- ticker: HKHC
- cik: 0000088000
- company_name: Horizon Kinetics Holding Corp
- filed_at: 2025-02-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/88000/000095017025020010/0000950170-25-020010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88000/000095017025020010/slgdd-20250207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-020010
- JSON: https://secwatch.observer/filing/0000950170-25-020010.json
- Plain text: https://secwatch.observer/filing/0000950170-25-020010.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.