Risk factors

Equus Total Return (EQS) risk factors

Item 1A of every Equus Total Return, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2025 10-K risk factors
    37 risks1 dropped1 reworded

    Net investment loss fell to $3.7 million in 2025 from $15.6 million in 2024, but losses continued over five years.

    Filed Apr 17, 2026
  • FY2024 10-K risk factors
    38 risks

    Shifting strategy toward energy sectors while dealing with historical net investment losses of $15.6 million in 2024. Elected to discontinue RIC tax status, subjecting income to corporate-level taxes. Considering withdrawal from BDC classification to reorganize into an operating company.

    Filed Apr 10, 2025