secwatch / observer

ACCESS Newswire Inc. — fact timeline

Source-grounded facts extracted from ACCESS Newswire Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

ACCS ACCESS Newswire Inc. JSON
Earnings Releases

ACCESS Newswire Inc. reported the three months ended March 31, 2026 results: revenue $5.3M, net income $0.6M, or $0.16 per diluted share, EPS $0.16 per diluted share.

“end of Q1 2026 was $12,803, up from $11,139 at the end of Q1 2025 · Q1 2026 Adjusted EBITDA remained consistent at $564,000 compared to Q1 2025 · Q1 2026 revenue decreased to $5.3M compared to $5.8M in Q4 2025 and $5.5M in Q1 2025 · Gross margin decreased to 74% compared to 78% in Q1 2025 · Cash flow from operations increased to $871,000 compared to”
Earnings Releases

ACCESS Newswire Inc. reported full year 2025 results: revenue $22.6M, net income $1.6M, EPS $0.40 per diluted share.

“Full year 2025 Highlights: · Revenue - Total revenue was $22.6M for the full year of 2025, a 2% decrease from $23.1M during the full year of 2024. The decrease is primarily related to a decrease in revenue from our PRO plan products and webcasting and events business, partially offset by an increase in revenue from our core press release business driven by increases in subscriptions. · Gross Margin - Gross margin for the full year of 2025 was $17.3M, or 77% of revenue, compared to $17.4M, or 76% of revenue, during the full year of 2024. As noted for the quarter, gross margin was impacted by lower employee costs due to optimization of our operational teams, partially offset by increased distribution costs as we continue to invest in our distribution partners. · Operating Loss - Operating loss was $1.9M, for 2025, as compared to $16.3M during 2024. The decrease in the operating loss is primarily due to the previously noted impairment charge of $14.15M recorded during 2024. · Loss from co”
Earnings Releases

ACCESS Newswire Inc. reported Q4 2025 results: revenue $5.8M, net income $0.5M, EPS $0.13 per diluted share.

“Fourth Quarter 2025 Highlights: · Revenue - Total revenue for Q4 2025 was $5.8M, consistent with Q4 2024 and an increase of 1% compared to $5.7M in Q3 2025. The increase in revenue compared to the prior quarter is primarily due to an increase in average revenue per release due to the mix of releases disseminated as well as an increase in revenue from our webcasting business. · Gross Margin - Gross margin for Q4 2025 was $4.5M, or 77% of revenue, compared to $4.4M, or 75% of revenue, in Q4 2024 and $4.3M, also 75% of revenue in Q3 2025. The increase in gross margin is primarily due to lower employee costs due to optimization of our operational teams. · Operating Loss - Operating loss was $0.8M for Q4 2025, as compared to $14.3M during Q4 2024. The primary reason for the decrease in operating loss was due to an impairment charge recorded in Q4 2024 related to the Newswire tradename of $14.15M. Absent the impairment charge, operating expenses increased $0.4M, or 10%. This increase is prim”
M&A Transactions

ACCESS Newswire Inc. completed a disposition involving Equiniti Trust Company, LLC for $12,500,000 in cash (closed 2025-02-28).

“includes certain accounts payable, accrued liabilities and deferred revenue. The transaction also closed on February 28, 2025. The purchase price for the Purchased Assets is $12,500,000 in cash, subject to adjustment as set forth in the Purchase Agreement, with $12,000,000 of the purchase price being paid to the Sellers at closing and $500,000 being retained by”
Governance Changes

ACCESS Newswire Inc.: Second Amended and Restated Bylaws adopted solely to reflect company name change (effective 2025-01-27).

“In addition, the Company’s Board of Directors approved the Company’s Second Amended and Restated Bylaws (“Restated Bylaws”) solely to reflect the change of the Company’s name from Issuer Direct Corporation to ACCESS Newswire Inc., effective as of January 27, 2025.”
Governance Changes

ACCESS Newswire Inc.: Certificate of Amendment filed to change company name from Issuer Direct Corporation to ACCESS Newswire Inc (effective 2025-01-27).

“On January 23, 2025, ACCESS Newswire Inc. (f/k/a Issuer Direct Corporation) (the “Company”) filed a Certificate of Amendment (the “Certificate of Amendment”) to its Certificate of Incorporation with the Secretary of State of the State of Delaware to change the Company’s name from “Issuer Direct Corporation” to “ACCESS Newswire Inc.”, effective at 12:01 a.m., Eastern Time, on January 27, 2025.”

Joseph A. Staples was appointed as Director at ACCESS Newswire Inc..

“Effective July 1, 2024, Joseph A. Staples was appointed to the Board of the Company to serve for a term expiring at the earlier of the Company’s next annual meeting of stockholders or his resignation or appointment of a duly elected successor.”

Wesley T. Pollard was appointed as Director at ACCESS Newswire Inc..

“Effective July 1, 2024, Wesley T. Pollard was appointed to the board of directors (the “Board”) of Issuer Direct Corporation (the “Company”)”

Michael Nowlan resigned as Chairperson of the Board at ACCESS Newswire Inc..

“On June 13, 2024, Michael Nowlan submitted notice of his resignation as a member of the Board of the Company, including all applicable Committees of the Board, effective immediately.”

Marti Beller (Lazear) resigned as Director and Chairperson of the Compensation Committee at ACCESS Newswire Inc..

“On June 13, 2024, Marti Beller (Lazear) submitted notice of her resignation as a member of the Board of Directors (the “Board”) of Issuer Direct Corporation (the “Company”), including all applicable Committees of the Board, effective immediately.”
Earnings Releases

ACCESS Newswire Inc. reported the three months ended March 31, 2024 results: revenue $7.0 million, net income $139,000, EPS $(0.04) per diluted share.

“Issuer Direct Reports First Quarter 2024 Results - First Quarter Revenue of $7.0 million, a Decrease of 19% from Q1 2023”
Earnings Releases

ACCESS Newswire Inc. reported the full year ended December 31, 2023 results: revenue $33,378,000, net income $766,000, EPS $0.20 per diluted share.

“per diluted share, during Q4 2022. Adjusted free-cashflow was $687,000 for Q4 2023 compared to $1,999,000 for Q4 2022. 1 Full Year 2023 Highlights: · Revenue - Total revenue was $33,378,000, a 42% increase from $23,514,000 in 2022. Communications revenue increased 50% compared to 2022, primarily related to the acquisition of Newswire, which is all included in”
Earnings Releases

ACCESS Newswire Inc. reported the three months ended December 31, 2023 results: revenue $7,539,000, net income $726,000, EPS $(0.19) per diluted share.

“to grow as we look to further expand our market share, build pipeline and launch our new communications products.” Fourth Quarter 2023 Highlights: · Revenue - Total revenue was $7,539,000, a 6% increase from $7,139,000 in Q4 2022 and flat compared to Q3 2023. Communications revenue increased 2% from Q4 2022 and decreased 7% from Q3 2023. The increase from Q4 2022 is”

Steve Knerr was appointed as interim Principal Accounting Officer and interim Chief Financial Officer at ACCESS Newswire Inc..

“the Board intends to appoint Steve Knerr, the Company’s current Vice President of Finance and Controller, as its interim Principal Accounting Officer and interim Chief Financial Officer.”

Timothy Pitoniak resigned as Chief Financial Officer at ACCESS Newswire Inc..

“On February 20, 2024, Timothy Pitoniak informed Issuer Direct Corporation (the “ Company ”) of his resignation as Chief Financial Officer of the Company, effective March 8, 2024 (the “ Effective Date” ).”
Earnings Releases

ACCESS Newswire Inc. reported three and nine months ended September 30, 2023 results: revenue $7,569,000, net income $273,000, EPS $0.07 per diluted share.

“Issuer Direct Reports Third Quarter 2023 Results - Quarterly Revenue of $7.6 Million, an Increase of 43% from Q3 2022”
Earnings Releases

ACCESS Newswire Inc. reported the three and six months ended June 30, 2023 results: revenue $9,651,000, net income $1,363,000, EPS $0.36 per diluted share.

“expansion in our subscription business, help us achieve our strategic vision and position us for long-term growth.” Second Quarter 2023 Highlights: · Revenue - Total revenue was $9,651,000, a 66% increase from $5,807,000 in Q2 2022 and a 12% increase from $8,619,000 in Q1 2023. Communications revenue increased 61% from Q2 2022 and decreased 10% from Q1 2023. The”
Shareholder Votes

ACCESS Newswire Inc. shareholders approved To ratify the appointment by the Audit Committee of the Board of Directors of Cherry Bekaert, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023. at the 2023-06-07 meeting.

“PROPOSAL 3: TO RATIFY THE APPOINTMENT BY THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS OF CHERRY BEKAERT, LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2023. Votes For Votes Against Votes Abstaining 2,537,438 213,867 9”
Shareholder Votes

ACCESS Newswire Inc. shareholders approved To approve the Issuer Direct Corporation 2023 Equity Incentive Plan. at the 2023-06-07 meeting.

“PROPOSAL 2: TO APPROVE THE ISSUER DIRECT CORPORATION 2023 EQUITY INCENTIVE PLAN. Votes For Votes Against Votes Abstaining Broker Non-Votes 2,299,206 180,729 1,014 270,365”
Shareholder Votes

ACCESS Newswire Inc. shareholders approved Election of five directors to serve until the next annual meeting or until their successors are duly elected and qualified. at the 2023-06-07 meeting.

“PROPOSAL 1: TO ELECT FIVE (5) DIRECTORS TO SERVE UNTIL THE NEXT ANNUAL MEETING OR UNTIL THEIR SUCCESSORS ARE DULY ELECTED AND QUALIFIED. Votes For Votes Against Broker Non-Votes Brian R. Balbirnie 2,325,286 155,663 270,365 J. Patrick Galleher 2,065,177 415,772 270,365 Marti Beller Lazear 2,212,682 268,267 270,365 Michael Nowlan 2,292,465 188,484 270,365 Graeme P. Rein 2,461,916 18,983 270,365”
Earnings Releases

ACCESS Newswire Inc. reported the first quarter ended March 31, 2023 results: revenue $8,619,000, net income $(144,000), or $(0.04) per diluted share, EPS $(0.04) per diluted share.

“(PRESS RELEASE) --- EX-99.1 2 isdr_ex991.htm PRESS RELEASE isdr_ex991.htm EXHIBIT 99.1 Issuer Direct Reports First Quarter 2023 Results - Record First Quarter Revenue of $8.6 million, an Increase of 63% from Q1 2022 RALEIGH, NC / Issuer Direct Corporation (NYSE American:ISDR) (the "Company"), a leading communications company, today reported its operating”
Debt Financings

ACCESS Newswire Inc. incurred revolving credit of up to $5 million with Pinnacle Bank at SOFR plus 2.05% maturing September 1, 2024.

“following: (i) term loan facility in an aggregate principal amount of $20 million (the “Term Loan”) and (ii) revolving letter of credit in an up to aggregate principal amount of $5 million (the “Revolving LOC”), subject to an 85% limit based on the current eligible accounts receivable (as defined in the Credit Agreement). Pursuant to the terms of the Credit”
Debt Financings

ACCESS Newswire Inc. incurred term loan of $20 million with Pinnacle Bank at SOFR plus 2.35%, subject to a minimum SOFR of 2.00% maturing December 20, 2028.

“On March 20, 2023 (the “Closing Date”), Issuer Direct Corporation, a Delaware corporation (the “Company”), and each of its subsidiaries (the “Guarantors”), entered into a $25 million credit agreement (the “Credit Agreement”) with Pinnacle Bank (“Pinnacle”). The Credit Agreement provides for the following: (i) term loan facility in an aggregate principal amount of $20 million (the “Term Loan”) and (ii) revolving letter of credit in an up to aggregate principal amount of $5 million (the “Revolving LOC”), subject to an 85% limit based on the current eligible accounts receivable (as defined in the Credit Agreement).”
Material Agreements

ACCESS Newswire Inc. entered into Credit Agreement with Pinnacle Bank valued at $25 million (effective 2023-03-20).

“On March 20, 2023 (the “Closing Date”), Issuer Direct Corporation, a Delaware corporation (the “Company”), and each of its subsidiaries (the “Guarantors”), entered into a $25 million credit agreement (the “Credit Agreement”) with Pinnacle Bank (“Pinnacle”).”

William Everett departed as Director at ACCESS Newswire Inc..

“On February 28, 2023, William Everett, a director of Issuer Direct Corporation (the “Company”), notified the Board of Directors of the Company (the “Board”) of his decision not to stand for reelection as a director nominee at the Company’s 2023 Annual Meeting of Stockholders (the “2023 Annual Meeting”).”
Earnings Releases

ACCESS Newswire Inc. reported the three months and full year ended December 31, 2022 results: revenue $7,139,000, net income $(0.03) per diluted share, EPS $(0.03) per diluted share.

“nue to innovate our platform offerings and bring key technologies to our customers that will allow them to curate, distribute, engage and analyze their stories in the most effective ways possible.” Fourth Quarter 2022 Highlights: · Revenue - Total revenue was $7,139,000, a 25% increase from $5,718,000 in Q4 2021 and a 35% increase from $5,280,000 in Q3 2022.”
M&A Transactions

ACCESS Newswire Inc. completed an acquisition involving Lead Capital, LLC (closed 2022-11-01).

“On November 1, 2022, Issuer Direct Corporation, a Delaware corporation (the “Company”), entered into a Membership Interest Purchase Agreement with Lead Capital, LLC, a Delaware limited liability company, whereby the Company purchased all the issued and outstanding membership interests of iNewsWire.com LLC, a Delaware limited liability company (“Newswire”).”
Earnings Releases

ACCESS Newswire Inc. reported the three and nine months ended September 30, 2022 results: revenue $5,280,000, net income $686,000, EPS $0.19 per diluted share.

“both organically and inorganically, is extremely important for our long-term growth,” stated Mr. Balbirnie. Third Quarter 2022 Highlights: · Revenue - Total revenue was $5,280,000, a 3% decrease from $5,465,000 in Q3 2021 and a 9% decrease from $5,807,000 in Q2 2022. Communications revenue decreased 5% from Q3 2021 and 6% from Q2 2022. The decrease in”
M&A Transactions

ACCESS Newswire Inc. completed an acquisition involving Lead Capital, LLC for approximately $43.9 million (closed 2022-11-01).

“through its Media Advantage Platform. Under the terms of the Purchase Agreement and on the Closing Date, the Company paid to the Seller aggregate consideration of approximately $43.9 million, consisting of the following: (i) a cash payment of $18.0 million subject to a 60-day escrow to secure the payment of any working capital adjustments or any employee bonus”
Debt Financings

ACCESS Newswire Inc. incurred loan of $22.0 million with Lead Capital, LLC at 6% maturing November 8, 2023.

“the issuance of a Secured Promissory Note in the principal amount of $22.0 million (the “Secured Note”)”
Material Agreements

ACCESS Newswire Inc. entered into Membership Interest Purchase Agreement with Lead Capital, LLC valued at approximately $43.9 million (effective 2022-11-01).

“On November 1, 2022 (the “Closing Date”), Issuer Direct Corporation, a Delaware corporation (the “Company”) entered into a Membership Interest Purchase Agreement (the “Purchase Agreement”) with Lead Capital, LLC, a Delaware limited liability company (the “Seller”), whereby the Company purchased all of the issued and outstanding membership interests of iNewsWire.com LLC, a Delaware limited liability company (“Newswire”).”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.