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KLRS KLRS Loss On Extinguishment And On Issuance Of Convertible Promissory Notes

Loss On Extinguishment And On Issuance Of Convertible Promissory Notes at other companies

Upstart Holdings, Inc. logo
Upstart Holdings, Inc.UPST
-$4.97M-158%
Xenia Hotels & Resorts logo
Xenia Hotels & ResortsXHR
-$21K
Cadiz logo
CadizCDZI
$0-100%
NextNav logo
NextNavNN
$14.43M
The Baldwin Insurance Group, Inc. logo
The Baldwin Insurance Group, Inc.BWIN
-$7.41M-209%
Neogen logo
NeogenNEOG
-$7K

Other financials

Income statement

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Operating income-$11.8M-14.3%
Net income-$10.9M-6.5%
EPS (diluted)-$0.46+81.7%

Balance sheet

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Cash & equivalents$34.4M-65.9%
Total debt$1.4M
Total equity$68.6M+7.3%
Total assets$109.8M+6.5%

Cash flow

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Operating cash flow-$11.6M-55.6%
CapEx$17.0K
Free cash flow-$7.1M

Valuation

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Market cap$96.83M+136%
Enterprise value$63.82M

Returns & leverage

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Return on equity-66.6%
Debt / equity
Current ratio12.2×-2.1×

Where this comes from

Reported directly by KLRS in its filing.

Tagged under the XBRL concept klrs:LossOnExtinguishmentAndOnIssuanceOfConvertiblePromissoryNotes.

The official record: KLRS’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is KLRS's loss on extinguishment and on issuance of convertible promissory notes?
KLRS (KLRS) reported loss on extinguishment and on issuance of convertible promissory notes of $0 in Q1 2026.
How has KLRS's loss on extinguishment and on issuance of convertible promissory notes changed year-over-year?
KLRS's loss on extinguishment and on issuance of convertible promissory notes increased by 100.0% year-over-year, from -$186K to $0.
What does loss on extinguishment and on issuance of convertible promissory notes mean?
Captures the financial impact of retiring convertible debt obligations prior to their maturity or the costs associated with issuing new convertible instruments. This metric highlights the capital structure management activities and the immediate P&L impact of refinancing or restructuring debt. It helps investors understand the cost of capital adjustments and the dilution or expense profile of debt-to-equity transitions.