Private company

Kaspien Holdings Inc.

Kaspien Holdings Inc. is an American retail-record and prerecorded tape stores company.1 It is headquartered in Spokane, Washington.1

Last updated Oct 20, 2026.

Overview

$128.2MRevenue, fiscal 20232
-$19.0MNet income, fiscal 20232
  • IndustryRetail-Record & Prerecorded Tape Stores1
  • HeadquartersSpokane, Washington1
  • Incorporated inNY3
  • Business address2818 N. Sullivan Rd., Spokane, Wa 992163
  • Filer categoryNon-accelerated filer, Smaller reporting company3

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

19.0%Gross margin2
-12.0%Operating margin2
-14.9%Net margin2
-10.8%Revenue growth, 20232
-$12.2MFree cash flow2

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue72¢$103.8M
  • Selling, general and admin28¢$39.8M
  • Income tax0¢$43.0K

Out of $128.2M in revenue.2 The company lost money this year.

Financial statements

Revenue45672$128.2M in 2023−62% since 2016
0$200.0M$400.0M$600.0M2016: $339.5M$339.5M20162017: $353.5M$353.5M2017+4%2018: $437.2M$437.2M2018+24%2019: $413.0M$413.0M2019−6%2020: $322.0M$322.0M2020−22%2021: $158.3M$158.3M2021−51%2022: $143.7M$143.7M2022−9%2023: $128.2M$128.2M2023−11%
Gross profit456872$24.4M in 2023−82% since 2016
0$50.0M$100.0M$150.0M2016: $135.4M$135.4M20162017: $134.7M$134.7M2017−1%2018: $143.8M$143.8M2018+7%2019: $128.1M$128.1M2019−11%2020: $10.9M$10.9M2020−92%2021: $39.4M$39.4M2021+263%2022: $32.8M$32.8M2022−17%2023: $24.4M$24.4M2023−26%
Operating income456872-$15.4M in 2023
-$100.0M-$50.0M0$50.0M2016: $4.6M$4.6M20162017: -$3.9M-$3.9M20172018: -$51.4M-$51.4M2018+1229%2019: -$96.8M-$96.8M2019+88%2020: -$15.0M-$15.0M2020−85%2021: -$5.7M-$5.7M2021−62%2022: -$9.6M-$9.6M2022+68%2023: -$15.4M-$15.4M2023+60%
Net income456872-$19.0M in 2023
-$100.0M-$50.0M0$50.0M2016: $2.7M$2.7M20162017: $3.2M$3.2M2017+19%2018: -$42.6M-$42.6M20182019: -$97.4M-$97.4M2019+129%2020: -$58.7M-$58.7M2020−40%2021: -$3.9M-$3.9M2021−93%2022: -$8.0M-$8.0M2022+106%2023: -$19.0M-$19.0M2023+137%
Fiscal year20162017201820192020202120222023
Revenue$339.5M4$353.5M4$437.2M5$413.0M6$322.0M6$158.3M7$143.7M2$128.2M2
Cost of revenue$204.1M4$218.8M4$299.0M5$290.1M6$122.4M8$118.9M7$110.9M2$103.8M2
Gross profit$135.4M4$134.7M4$143.8M5$128.1M6$10.9M8$39.4M7$32.8M2$24.4M2
Selling, general and admin$130.8M4$139.7M4$167.9M5$165.2M6$25.1M8$45.1M7$42.4M2$39.8M2
Operating income$4.6M4-$3.9M4-$51.4M5-$96.8M6-$15.0M8-$5.7M7-$9.6M2-$15.4M2
Income before tax-$8.0M2-$19.0M2
Income tax$181.0K4-$6.8M4-$299.0K5$80.0K6$44.0K8-$3.5M7$27.0K2$43.0K2
Net income$2.7M4$3.2M4-$42.6M5-$97.4M6-$58.7M8-$3.9M7-$8.0M2-$19.0M2
Earnings per share$0.0912-$32.358-$2.107-$3.282-$5.472
Earnings per share (diluted)$0.0912-$32.358-$2.107-$3.282-$5.472
Shares (weighted, basic)2.4M shares23.5M shares2
Shares (weighted, diluted)2.4M shares23.5M shares2

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Corporate structure

Kaspien Holdings Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Kaspien Holdings Inc.

  • Neil S. Subin Filed SC 13D/A on Kaspien Holdings Inc., latest Feb 15, 2023 (2 filings since Mar 9, 2022)
  • RENAISSANCE TECHNOLOGIES LLC Filed SC 13G/A on Kaspien Holdings Inc., latest Feb 10, 2022
  • Kaspien Holdings Inc. Spokane, Washington

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Kaspien Holdings Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$6.5M2 Jan 28, 2023$5.6M2 Jan 29, 2022+15.5%
Accumulated depreciation$4.5M2 Jan 28, 2023$3.3M2 Jan 29, 2022+36.9%
Property and equipment, net$2.0M2 Jan 28, 2023$2.3M2 Jan 29, 2022−14.4%
Operating-lease assets (leased space)$1.5M2 Jan 28, 2023$2.1M2 Jan 29, 2022−29.8%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$1.1M2 Jan 28, 2023$1.2M2 Jan 29, 2022−7.2%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$02 Jan 29, 2022$732.0K2 Jan 30, 2021−100.0%
Finite-lived intangibles, gross$9.9M7 Jan 29, 2022$9.9M8 Jan 30, 20210%
Accumulated amortization$7.3M7 Jan 29, 2022$6.6M8 Jan 30, 2021+11.1%
Finite-lived intangibles, net$07 Jan 29, 2022$732.0K8 Jan 30, 2021−100.0%

Leadership

Who has led Kaspien Holdings Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Robert J. Higgins2006–2014
  2. Michael Feurer2014–2020
  3. Josh Neblett2016–2019
  4. Kunal Chopra2020
  5. Brock Kowalchuk2022

Chair

  1. Robert J. Higgins2006–2017

President

  1. James A. Litwak2006–2010
  2. Michael Honeyman2010–2013

Chief financial officer

  1. Tom G. Seaver2011–2012
  2. Edwin Sapienza2018–2022

Chief operating officer

  1. James A. Litwak2006–2010
  2. Michael Honeyman2010–2013
2010201520202025
Board members and other officers (21)

Former names

  • TRANS WORLD ENTERTAINMENT CORPDec 12, 1994 to Sep 3, 20203
  • TRANS WORLD MUSIC CORPJun 14, 1994 to May 6, 19943

Timeline

  1. Dec 18, 20238-K Exit or restructuring costs; Listing notice or transfer; Executive or director change44
  2. Dec 4, 20238-K Exit or restructuring costs45
  3. Sep 18, 20238-K Results of operations46
  4. Jun 30, 20238-K Shareholder vote47
  5. Jun 13, 20238-K Results of operations48
  6. Jun 12, 20238-K Listing notice or transfer49
  7. Jun 6, 20238-K Entered a material agreement50
  8. May 22, 20238-K Listing notice or transfer; Regulation FD disclosure51
  9. May 9, 20238-K Listing notice or transfer52
  10. May 1, 20238-K Results of operations53
  11. Apr 5, 20238-K Executive or director change54
  12. Dec 15, 20228-K Listing notice or transfer55
  13. Apr 14, 2022New chief executive Brock Kowalchuk becomes CEO14
  14. Apr 13, 2020New chief executive Kunal Chopra becomes CEO15
  15. Oct 18, 2016New chief executive Josh Neblett becomes CEO16
  16. Oct 14, 2014New chief executive Michael Feurer becomes CEO17
  17. Feb 24, 2006New chief executive Robert J. Higgins becomes CEO18

Calendar

When it reported results

  1. Sep 18, 2023Reported quarterly or annual results46
  2. Jun 13, 2023Reported quarterly or annual results48
  3. May 1, 2023Reported quarterly or annual results53
  4. Dec 14, 2022Reported quarterly or annual results56
  5. Sep 14, 2022Reported quarterly or annual results57
  6. Jun 15, 2022Reported quarterly or annual results58
  7. May 3, 2022Reported quarterly or annual results59
  8. Dec 14, 2021Reported quarterly or annual results60

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

69 filings to the SEC since October 2021: 2 annual reports, 7 quarterly reports, 26 major events, 15 insider forms, 3 large holders, 16 other. The latest 20:

  1. Jan 8, 202415-12G EDGAR
  2. Dec 28, 202325 EDGAR
  3. Dec 18, 20238-K EDGAR
  4. Dec 18, 202310-Q EDGAR
  5. Dec 12, 2023NT 10-Q EDGAR
  6. Dec 4, 20238-K EDGAR
  7. Sep 18, 20238-K EDGAR
  8. Sep 12, 202310-Q EDGAR
  9. Jun 30, 20238-K EDGAR
  10. Jun 13, 20238-K EDGAR
  11. Jun 13, 202310-Q EDGAR
  12. Jun 12, 20238-K EDGAR
  13. Jun 6, 20238-K EDGAR
  14. Jun 1, 202325 EDGAR
  15. May 26, 2023DEF 14A EDGAR
  16. May 22, 20238-K EDGAR
  17. May 9, 20238-K EDGAR
  18. May 3, 20234 EDGAR
  19. May 3, 20234 EDGAR
  20. May 3, 20234 EDGAR

The 69 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

2 open-market trades by officers, directors and large owners since October 2021: 0 buys and 2 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Dec 30, 2022Simpson TomDirectorSale33,616$0.55$18.5KForm 4
Dec 15, 2022Simpson TomDirectorSale47,000$0.67$31.5KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Kaspien Holdings Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARKaspien Holdings Inc.1
  • CIK0000795212
  • Employer ID (EIN)14-15416291
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inNew York1
  • Fiscal year endsJanuary 271
  • Industry code (SIC)5735 Retail-Record & Prerecorded Tape Stores1
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
  • Business address2818 N. Sullivan Rd., Spokane, WA 992161
  • Phone51845212421
  • Shares outstanding4,969,738 as of Dec 10, 202311
  • Public float$4.5M as of Jul 30, 20222
  • On EDGAR sinceMay 6, 19941
  • Filings1,335 in all: 4 (483), 8-K (231), 5 (170), 10-Q (90), SC 13G/A (66), SC 13D/A (50), 3 (33), SC 13G (32)1
    All 51 form types

    10-K (29), DEF 14A (29), UPLOAD (12), 8-K/A (10), CORRESP (10), SC 13D (9), S-8 (6), 10-K/A (5), DEFA14A (5), 10-Q/A (4), S-1/A (4), 144 (3), 144/A (3), 4/A (3), 424B5 (3), DEFR14A (3), EFFECT (3), PRE 14A (3), SC TO-I/A (3), 25 (2), DEF 14C (2), DEFC14A (2), DFAN14A (2), NT 10-Q (2), PRE 14C (2), S-1 (2), S-3 (2), S-8 POS (2), 15-12G (1), 424B3 (1), 424B4 (1), 8-A12G (1), 8-A12G/A (1), DEFM14A (1), DEFS14A (1), NT 10-K (1), PREC14A (1), PREM14A (1), S-3/A (1), S-4 (1), S-4/A (1), SC TO-C (1), SC TO-I (1)

  • Latest filingsAnnual report (10-K) Apr 28, 2023
    Quarterly report (10-Q) Dec 18, 2023
    Proxy statement (DEF 14A) May 26, 2023
    Latest 8-K (8-K) Dec 18, 2023

Sources

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