PRHI earnings analysis
What we found in PRHI's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
The extracted filing does not include the income statement, balance sheet, cash flow statement, segment data, or MD&A, so quarter-over-quarter and year-over-year operating trends cannot be assessed. Management reported effective disclosure controls as of June 30, 2026 and no material internal-control changes during the quarter. The main disclosed transaction was a non-cash exchange of 1,600 Series C preferred shares for 1,600 Series D shares, extending maturity from April 2, 2027 to April 2, 2028; no material risk-factor changes were reported.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Controls Remained Effective
- Management concluded that disclosure controls and procedures were effective as of June 30, 2026, and reported no changes during the three months ended June 30, 2026 that materially affected, or were reasonably likely to materially affect, internal control over financial reporting.
- Preferred Stock Exchange Completed
- On May 11, 2026, the company exchanged 1,600 Series C preferred shares for 1,600 newly designated Series D preferred shares, with no cash consideration.
- Preferred Maturity Extended
- The exchanged preferred stock now matures on April 2, 2028, extending the maturity date from April 2, 2027.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Related-Party Preferred Stock
- The company issued 1,600 shares of Series D Preferred Stock to an entity affiliated with director Jeffrey Hakala on May 11, 2026, creating an affiliate-related financing disclosure and governance consideration.
- Outstanding Preferred Obligation
- The Series D Preferred Stock remains outstanding with a maturity date of April 2, 2028; the filing states that 1,600 shares were outstanding after the exchange, indicating a continuing preferred-stock obligation.
- Existing Risks Remain
- The filing states there were no material changes to the risk factors disclosed in the March 27, 2026 Form 10-K, so existing risks remain applicable without additional quarterly mitigation detail.
What they said about what is next.
The extracted 10-Q does not provide quantitative revenue or EPS guidance. No change to prior outlook is disclosed.
The filing reads about the same as the one before it.
What came before.
- 10-Q · May 13, 2026
- Presurance Holdings, Inc. reported Q4 2025 revenue of $5.687 million and an EPS loss of -$1.24, falling short of consensus expectations. The company continues to see significant operational challenges as evidenced by…
- 10-K · March 27, 2026
- Presurance Holdings, Inc. experienced significant challenges in 2025, resulting in a net loss of $18.4 million on revenues of approximately $5.7 million. The company has shifted its focus away from commercial lines,…
- 10-Q · November 12, 2025
- Presurance Holdings, Inc. reported a net loss of $4.0 million, or $0.32 per share for Q3 2025, significantly improved from a loss of $6.9 million, or $0.60 per share in Q3 2024. Revenue decreased to $6.8 million, a…
- 10-Q · August 13, 2025
- PRHI's second quarter results reveal a recovery with net income of $2.1 million or $0.17 per share, versus a loss of $3.7 million or $0.31 per share in the same quarter last year. The company reported an 11.1% increase…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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