Business Wire·May 6, 2026, 7:35 AM ET

Capstone Publishes Investor FAQ Detailing 72% Reduction in Convertible Principal and Reaffirming FY2026 Guidance

Capstone Holding Corp. (NASDAQ: CAPS) released an investor FAQ on May 6, 2026, detailing convertible debt progress & FY2026 operating outlook.
As of May 1, 2026, approximately 72% of the original $6.82 million convertible note principal has been converted, leaving $1.90 million outstanding.
The company reaffirmed its FY2026 guidance of $72.1 million in revenue (up 54%), approximately $18.7 million in gross profit (up 73%), & approximately $3.8 million in EBITDA (up 322% year-over-year).
A positive EBITDA run-rate is expected to begin in Q2 2026.
At year-end 2025, Capstone had $7.9 million drawn against its $11.5 million Beacon Bank & Trust revolver & remained compliant with all financial covenants.
Management is in active discussions to extend the working capital facility & expects the extension to be finalized.
CEO Matthew Lipman stated the capital structure is materially improved & the operating business is materially larger compared to the prior year.