Kaspien is a leading eCommerce growth platform, offering an expanding suite of software and services to help brands grow on Amazon, Walmart, Google Shopping, Target, eBay, and other online marketplaces. Founded in 2008 in Spokane, Wash., Kaspien has spent the last decade building and utilizing proprietary technologies for brand protection, marketing optimization, and fulfillment efficiency to generate rapid revenue growth for Kaspien partners. Through innovative strategies and best-in-class technologies, the Spokane-based company has earned the trust of many leading brands, including 3M, Strider Bikes, ZippyPaws and others.

Company profile
Ticker
KSPN
Exchange
Website
CEO
Michael Feurer
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
TRANS WORLD ENTERTAINMENT CORP, TRANS WORLD MUSIC CORP
SEC CIK
Corporate docs
Subsidiaries
Kaspien Inc. ...
IRS number
141541629
KSPN stock data
News

Why CinCor Pharma Is Trading Higher By 63%, Here Are 79 Stocks Moving In Monday's Mid-Day Session
8 Aug 22
Why Is NuZee Down By Over 21%: Here Are 38 Stocks Moving Premarket
8 Aug 22
Why Quoin Pharmaceuticals Plunged Over 62%; Here Are 120 Biggest Movers From Friday
8 Aug 22
12 Information Technology Stocks Moving In Friday's Intraday Session
5 Aug 22
Why NanoViricides Jumped Over 48%; Here Are 106 Biggest Movers From Yesterday
5 Aug 22
Press releases
Kaspien Holdings Inc. Announces Closing of $8 Million Registered Direct and Private Placement Offerings Priced At-the-Market Under Nasdaq Rules
14 Jul 22
Kaspien Holdings Inc. Announces Pricing of $8 Million Registered Direct and Private Placement Offerings Priced At-the-Market Under Nasdaq Rules
12 Jul 22
Kaspien Holdings Inc. Reports Fiscal First Quarter 2022 Results
14 Jun 22
Kaspien Holdings Inc. to Release Fiscal First Quarter 2022 Financial Results on Tuesday, June 14, 2022
7 Jun 22
Calendar
14 Jun 22
12 Aug 22
28 Jan 23
Financial summary
Quarter (USD) | Apr 22 | Jan 22 | Oct 21 | Jul 21 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Jan 22 | Jan 21 | Jan 20 | Feb 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 4.15M | 4.15M | 4.15M | 4.15M | 4.15M | 4.15M |
Cash burn (monthly) | 225.67K | 445.42K | 1.48M | 1.14M | 1.94M | 1.49M |
Cash used (since last report) | 774.46K | 1.53M | 5.07M | 3.9M | 6.66M | 5.1M |
Cash remaining | 3.37M | 2.62M | -919.42K | 243.41K | -2.51M | -956.31K |
Runway (months of cash) | 14.9 | 5.9 | -0.6 | 0.2 | -1.3 | -0.6 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
2 May 22 | W Michael Reickert | Common Stock, par value $.01 per share | Grant | Acquire A | No | No | 4.59 | 3,000 | 13.77K | 9,200 |
2 May 22 | Tom Simpson | Common stock, par value $0.1 per share | Grant | Acquire A | No | No | 4.59 | 3,000 | 13.77K | 63,000 |
2 May 22 | Tom Simpson | Director Stock Option Common stock, par value $0.1 per share | Grant | Acquire A | No | No | 4.59 | 1,250 | 5.74K | 3,250 |
2 May 22 | Jonathan Anthony Marcus | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 4.59 | 3,000 | 13.77K | 6,000 |
2 May 22 | Jonathan Anthony Marcus | Director Stock Option Common Stock $0.01 per share | Grant | Acquire A | No | No | 4.59 | 1,250 | 5.74K | 3,250 |
12 Apr 22 | Brock Kowalchuk | Employee Stock Options Common stock | Grant | Acquire A | No | No | 6.55 | 15,000 | 98.25K | 23,496 |
3 May 21 | W Michael Reickert | Director Stock Option Common Stock par value $0.01 per share | Grant | Acquire A | No | No | 20.41 | 1,250 | 25.51K | 2,000 |
Institutional ownership, Q1 2022
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0 |
Total shares | 0 |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|
Financial report summary
?Risks
- Risks Related to Our Business
- If we cannot successfully implement our business strategy our growth and profitability could be adversely impacted.
- Continued increases in Amazon Marketplace fulfillment and storage fees could have an adverse impact on our profit margin and results of operations.
- Our business depends on our ability to build and maintain strong product listings on e-commerce platforms. We may not be able to maintain and enhance our product listings if we receive unfavorable customer complaints, negative publicity, or otherwise fail to live up to consumers’ expectations, which could materially adversely affect our business, results of operations and growth prospects.
- A change in one or more of the Company’s partners’ policies or the Company’s relationship with those partners could adversely affect the Company’s results of operations.
- Our revenue is dependent upon maintaining our relationship with Amazon and failure to do so, or any restrictions on our ability to offer products on the Amazon Marketplace, could have an adverse impact on our business, financial condition and results of operations.
- The terms of our asset-based revolving credit agreement and subordinated debt agreement impose certain restrictions on us that may impair our ability to respond to changing business and economic conditions, which could have a significant adverse impact on our business. Additionally, our business could suffer if our ability to acquire financing is reduced or eliminated.
- Risks Related to Information Technology and Intellectual Property
- Breach of data security could harm our business and standing with our customers.
- Our hardware and software systems are vulnerable to damage, theft or intrusion that could harm our business.
- Our inability or failure to protect our intellectual property rights, or any claimed infringement by us of third-party intellectual rights, could have a negative impact on our operating results.
- Risks Related to Human Capital
- Loss of key personnel or the inability to attract, train and retain qualified employees could adversely affect the Company’s results of operations.
- We may face difficulties in meeting our labor needs to effectively operate our business.
- Our business could be adversely affected by increased labor costs, including costs related to an increase in minimum wage and health care.
- Risks Related to Ownership of Our Common Stock.
- The ownership of our Common Stock is concentrated, and entities affiliated with members of our Board of Directors have significant influence and control over the outcome of any vote of the Company’s shareholders and may have competing interests.
- If we do not meet the continued listing standards of the NASDAQ, our Common Stock could be delisted from trading, which could limit investors’ ability to make transactions in our Common Stock and subject us to additional trading restrictions.
- The limited public float and trading volume for our Common Stock may have an adverse impact and cause significant fluctuation of market price.
- The Company’s business is influenced by general economic conditions.
- Disruption of global capital and credit markets may have a material adverse effect on the Company’s liquidity and capital resources.
- Because of our floating rate credit facility, we may be adversely affected by interest rate changes.
- The Company is dependent upon access to capital, including bank credit facilities and short-term vendor financing, for its liquidity needs.
- We may complete a future significant strategic transaction that may not achieve intended results or could increase the number of our outstanding shares or amount of outstanding debt or result in a change of control.
- Historically, we have experienced declines, and we may continue to experience fluctuation in our level of sales and results from operations.
- The ability of the Company to satisfy its liabilities and to continue as a going concern will continue to be dependent on the implementation of several items, the success of which is not certain.
- Parties with whom the Company does business may be subject to insolvency risks or may otherwise become unable or unwilling to perform their obligations to the Company.
- Failure to comply with legal and regulatory requirements could adversely affect the Company’s results of operations.
- Litigation may adversely affect our business, financial condition and results of operations.
- The effects of natural disasters, terrorism, acts of war, and public health issues may adversely affect our business.
- A pandemic, epidemic or outbreak of an infectious disease, such as COVID-19, may materially and adversely affect our business.
Management Discussion
- During fiscal 2020, based on the Company’s evaluation of new information that occurred in the current financial reporting period, the Company recorded an income tax benefit of $3.5 million related to the recognition of previously unrecognized income tax benefits pursuant to ASC 740-10-25, Accounting for Income Taxes – Recognition. Prior to the current financial reporting period, the Company had accrued the liabilities for unrecognized income tax benefits, including accrued interest and penalties related to tax positions created by the fye business. As a result of the FYE Transaction and a reorganization of the Company’s corporate structure, the Company will not utilize the tax attributes attributable to the tax positions and the corporate entities associated with the tax positions have been liquidated.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
|
New words:
anniversary, APIC, Brock, building, carve, challenge, commencing, complicated, connection, curiosity, discover, diverse, doubt, driven, earlier, empathy, extraordinary, fifteen, foreseeable, Fourth, Kowalchuk, learn, meaningful, obsessed, ownership, quo, Separation, simplicity, Sublimit, succeeding, surrender, thereof, thereunder, therewith, trade, Tranche, transfer, trial, Warrant
Removed:
adequate, allocation, amortizable, appeal, appealed, approach, approval, ASC, asset, Assistant, August, Backstage, Boston, brand, calculating, channel, charged, Civ, claim, conform, Ct, Cty, cycle, decade, developed, director, dismissed, diversified, Division, eliminating, enacted, enrolled, enrolling, enrollment, entertainment, exempt, expertise, flexible, Framework, fund, funded, gain, goodwill, Group, Hampden, immaterial, improperly, individual, Jersey, jurisdiction, lead, leading, lower, loyalty, magazine, manager, mandatory, matter, mediation, membership, methodology, misclassification, misclassified, misled, mission, motion, nationwide, Northern, November, obtaining, optimize, option, originally, overtime, paragraph, participated, partnership, payoff, Pennsylvania, percentage, plaintiff, positioned, positioning, practice, preceding, previously, punitive, putative, reached, reclassified, recognition, recoverable, removed, represent, resolve, review, Roper, session, settlement, shortfall, Simplifying, SMs, sought, Spack, statement, store, strike, struck, Subtopic, Super, Synapse, today, VIP, voluntarily, worked
Financial reports
Current reports
8-K
Entry into a Material Definitive Agreement
2 Aug 22
8-K
Kaspien Holdings Inc. Announces Pricing of $8 Million Registered Direct and Private Placement Offerings Priced At-the-Market Under Nasdaq Rules
14 Jul 22
8-K
Submission of Matters to a Vote of Security Holders
1 Jul 22
8-K
Kaspien Holdings Inc. Reports Fiscal First Quarter 2022 Results
15 Jun 22
8-K
Kaspien Holdings Inc. Reports Fiscal Fourth Quarter and Full Year 2021 Results
3 May 22
8-K
Entry into a Material Definitive Agreement
5 Apr 22
8-K/A
Departure of Directors or Certain Officers
1 Apr 22
8-K
Departure of Directors or Certain Officers
11 Mar 22
8-K
Entry into a Material Definitive Agreement
8 Mar 22
8-K
Kaspien Holdings Inc. Reports Fiscal Third Quarter 2021 Results
14 Dec 21
Registration and prospectus
S-1
IPO registration
28 Jul 22
424B5
Prospectus supplement for primary offering
14 Jul 22
424B5
Prospectus supplement for primary offering
16 Mar 21
424B5
Prospectus supplement for primary offering
16 Mar 21
S-3
Shelf registration
9 Feb 21
S-8
Registration of securities for employees
11 Sep 17
S-8 POS
Registration of securities for employees (post-effective amendment)
14 Aug 14
S-1/A
IPO registration (amended)
9 Jul 14
Proxies
PRE 14C
Preliminary information
2 Aug 22
DEF 14C
Information statement
10 May 22
PRE 14C
Preliminary information
28 Apr 22
DEFA14A
Additional proxy soliciting materials
15 Jul 20
DEF 14A
Definitive proxy
15 Jul 20
PRE 14A
Preliminary proxy
1 Jul 20
DEFM14A
Proxy related to merger
7 Feb 20
PREM14A
Preliminary proxy related to merger
27 Jan 20
Other
EFFECT
Notice of effectiveness
9 Aug 22
EFFECT
Notice of effectiveness
12 Mar 21
CORRESP
Correspondence with SEC
8 Mar 21
CORRESP
Correspondence with SEC
11 Jun 19
UPLOAD
Letter from SEC
2 Jun 19
UPLOAD
Letter from SEC
30 May 19
UPLOAD
Letter from SEC
27 Mar 17
CORRESP
Correspondence with SEC
16 Mar 17
UPLOAD
Letter from SEC
6 Mar 17
CORRESP
Correspondence with SEC
6 Feb 17
Ownership
4
Kaspien / JONATHAN ANTHONY MARCUS ownership change
4 May 22
4
Kaspien / Tom Simpson ownership change
4 May 22
4
Kaspien / W Michael Reickert ownership change
4 May 22
4
Kaspien / Brock Kowalchuk ownership change
14 Apr 22
3
Kaspien / Brock Kowalchuk ownership change
14 Apr 22
SC 13D/A
Kaspien / SUBIN NEIL S ownership change
9 Mar 22
4
Change in insider ownership
7 Mar 22
SC 13G/A
Kaspien / RENAISSANCE TECHNOLOGIES ownership change
10 Feb 22
4
Kaspien / Edwin Sapienza ownership change
25 Aug 21
4
Kaspien / Tom Simpson ownership change
5 May 21
Reddit threads
$kspn 48 million shares short off exchange in last 2 days....float is 1.4 mill S/O is 2.5 million, how?
12 Jul 22
(7/12) Tuesday's Pre-Market Stock Movers & News
12 Jul 22
(6/16) Thursday's Pre-Market Stock Movers & News
16 Jun 22
(6/14) Tuesday's Pre-Market Stock Movers & News
14 Jun 22
Daily Discussion Thread - June 14th, 2022
14 Jun 22
Daily Discussion Thread - June 13th, 2022
13 Jun 22
Daily Discussion Thread - June 9th, 2022
9 Jun 22
Daily Discussion Thread - June 8th, 2022
8 Jun 22
Daily Discussion Thread - June 7th, 2022
7 Jun 22
Daily Discussion Thread - June 6th, 2022
6 Jun 22