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HTFL HTFL Deemed Dividend Upon Down Round Of Redeemable Convertible Preferred Stock

Deemed Dividend Upon Down Round Of Redeemable Convertible Preferred Stock at other companies

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Other financials

Income statement

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Revenue$52.6M+41.3%
Gross profit$42.2M+50.9%
Operating income-$29.5M-68.6%
Net income-$27.4M+15.4%
EPS (diluted)-$0.32+93.9%

Balance sheet

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Cash & equivalents$24.4M-78.7%
Total debt$26.3M
Total equity$285.7M+132%
Total assets$344.0M

Cash flow

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Operating cash flow-$30.1M-129%
CapEx$1.9M+71.6%
Free cash flow-$32.0M-124%

Valuation

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Market cap$2.97B
Enterprise value$2.98B
P/S15.5×

Profitability

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Gross margin78.1%+2.4pp
Operating margin-39.7%-4.8pp
Net margin-58.4%-12.1pp
FCF margin-40.1%-2.4pp

Returns & leverage

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Return on equity37.1%
Debt / equity0.1×
Current ratio5.6×

Where this comes from

Reported directly by HTFL in its filing.

Tagged under the XBRL concept htfl:DeemedDividendUponDownRoundOfRedeemableConvertiblePreferredStock.

The official record: HTFL’s 10-K, filed March 18, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is HTFL's deemed dividend upon down round of redeemable convertible preferred stock?
HTFL (HTFL) reported deemed dividend upon down round of redeemable convertible preferred stock of $6.7M in Q4 2023.
What does deemed dividend upon down round of redeemable convertible preferred stock mean?
Represents the non-cash accounting charge recognized when the conversion price of preferred stock is lowered, effectively transferring value to preferred shareholders. This metric serves as a signal of equity dilution and potential financial distress or unfavorable financing terms. It is a vital indicator for common shareholders regarding the impact of capital structure adjustments.