Private company
KLDiscovery Inc.
American computer programming, data processing services company. Summary from the record
Last updated Oct 19, 2026.
Overview
- IndustryServices-Computer Programming, Data Processing, Etc.2
- HeadquartersWilmington, United States2
- Incorporated inDE3
- Business address9023 Columbine Road, Eden Prairie, Mn 553473
- Filer category, Emerging growth company3
- Legal formCorporation2
- LEI549300ZSG089YPZ24F882
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered address251 LITTLE FALLS DRIVE, 19808 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 70016242
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We solve complex legal, regulatory and data challenges for our clients around the world by leveraging our proprietary software and innovative technology-based solutions.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023
Where the money goes
Where each dollar of revenue went, fiscal 2023
- Cost of revenue50¢$171.9M
- Research and development4¢$13.1M
- Other costs26¢$91.1M
- Interest19¢$66.7M
- Income tax1¢$3.0M
Out of $345.8M in revenue.5 The company lost money this year.
Where each dollar of operating cash went, fiscal 2023
- Capital spending100¢$14.3M
Out of $5.0M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.5
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenue | $296.3M6 | $312.1M7 | $289.5M8 | $320.5M9 | $317.4M5 | $345.8M5 | |
| Cost of revenue | $159.6M6 | $160.8M7 | $147.7M8 | $164.0M9 | $165.5M5 | $171.9M5 | |
| Gross profit | $136.7M6 | $151.2M7 | $141.8M8 | $156.5M9 | $152.0M5 | $173.9M5 | |
| Research and development | $7.1M6 | $5.9M7 | $7.2M8 | $10.3M9 | $13.5M5 | $13.1M5 | |
| Operating expenses | $161.8M9 | $139.9M5 | $139.6M5 | ||||
| Operating income | -$24.9M6 | $2.6M7 | $1.8M8 | -$5.3M9 | $12.0M5 | $34.3M5 | |
| Interest | $46.6M6 | $48.4M7 | $50.7M8 | $50.4M9 | $54.6M5 | $66.7M5 | |
| Income before tax | -$61.0M9 | -$41.5M5 | -$31.9M5 | ||||
| Income tax | -$3.7M6 | $719.0K7 | $936.0K8 | -$447.0K9 | $1.7M5 | $3.0M5 | |
| Net income | -$67.7M6 | -$54.0M7 | -$49.9M8 | -$60.5M9 | -$43.2M5 | -$34.8M5 | |
| Earnings per share | -$1.686 | -$1.277 | -$1.178 | -$1.429 | -$1.015 | -$0.815 | |
| Earnings per share (diluted) | -$1.686 | -$1.277 | -$1.178 | -$1.429 | -$1.015 | -$0.815 | |
| Shares (weighted, basic) | 42.6M shares9 | 42.7M shares5 | 43.0M shares5 | ||||
| Shares (weighted, diluted) | 42.6M shares9 | 42.7M shares5 | 43.0M shares5 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash | $23.4M6 | $43.4M7 | $51.2M8 | $46.5M9 | $32.6M5 | $15.4M5 | |
| Receivables | $93.3M9 | $95.7M5 | $101.3M5 | ||||
| Current assets | $114.2M6 | $148.3M7 | $143.1M8 | $150.5M9 | $140.3M5 | $134.0M5 | |
| Property, plant and equipment | $22.3M9 | $19.8M5 | $17.3M5 | ||||
| Goodwill | $395.8M5 | $391.1M5 | $396.3M5 | ||||
| Intangible assets | $59.3M9 | $46.9M5 | $39.7M5 | ||||
| Total assets | $710.4M6 | $714.9M7 | $679.7M8 | $636.4M9 | $619.4M5 | $605.6M5 | |
| Short-term debt | $3.0M9 | $3.0M5 | $546.8M5 | ||||
| Current liabilities | $57.6M6 | $48.1M7 | $49.1M8 | $35.5M9 | $40.4M5 | $582.5M5 | |
| Long-term debt | $413.1M6 | $468.9M7 | $472.6M8 | $507.7M9 | $524.5M5 | $546.8M5 | |
| Total liabilities | $481.4M6 | $531.1M7 | $537.5M8 | $558.5M9 | $585.8M5 | $601.5M5 | |
| Retained earnings | -$316.0M9 | -$359.1M5 | -$394.0M5 | ||||
| Shareholders’ equity | $255.0M6 | $229.0M7 | $183.8M8 | $142.2M9 | $77.9M5 | $33.7M5 | $4.1M5 |
| Shares outstanding | 42.3M shares6 | 42.5M shares7 | 42.5M shares8 | 42.7M shares9 | 42.9M shares5 | 43.1M shares5 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$11.9M6 | -$8.3M7 | $39.8M8 | $10.1M9 | $8.0M5 | $5.0M5 | |
| Depreciation and amortization | $38.0M9 | $31.2M5 | $27.7M5 | ||||
| Stock-based compensation | $4.0M9 | $5.1M5 | $3.4M5 | ||||
| Capital spending | $12.4M6 | $13.3M7 | $10.9M8 | $12.5M9 | $16.2M5 | $14.3M5 | |
| Free cash flow | -$24.3M | -$21.6M | $28.8M | -$2.4M | -$8.2M | -$9.3M | |
| Cash from investing | -$12.5M9 | -$16.2M5 | -$17.3M5 | ||||
| Share buybacks | $87.0K6 | ||||||
| Cash from financing | -$1.8M9 | -$5.0M5 | -$5.3M5 |
Leadership
Who has led KLDiscovery Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerChristopher Weiler Dec 23, 2019 to Feb 22, 202112
- Chief financial officerJames Hr Brady Jan 31, 2019 to Jan 31, 201913
- Chief financial officerDawn M. Wilson Dec 23, 2019 to Feb 18, 202114
Board members and other officers (14)
- EVP, Global Sales & MarketingKrystina L. Jones Dec 23, 2019 to Feb 18, 202115
- Board memberLauren Tanenbaum Feb 18, 2021 to Feb 18, 202116
- Board memberArjun Shah Mar 25, 2021 to Mar 25, 202117
- Board memberIan Fujiyama Mar 25, 2020 to Mar 25, 202018
- Board memberLawrence B. Prior Iii. Mar 25, 2020 to Jun 17, 202119
- Board memberEfrat Epstein Jan 31, 2019 to Jan 31, 201920
- Board memberEvan B. Morgan Jan 31, 2019 to Jun 17, 202121
- Board memberKatrina Adams Jan 31, 2019 to Jan 31, 201922
- Board memberKevin Griffin Jan 31, 2019 to Dec 23, 201923
- Board memberChristopher Weiler Dec 23, 2019 to Feb 22, 202112
- Board memberDaniel Akerson Dec 23, 2019 to Dec 23, 201924
- Board memberDonna S. Morea Dec 23, 2019 to Jun 17, 202125
- Board memberWilliam Darman Dec 23, 2019 to Dec 23, 201926
- Board memberGreg Racz Dec 27, 2019 to Dec 27, 201927
Named in SEC Form D filings
People the company listed in its private-offering notices.
- Executive OfficerAndrew L. Southam named Mar 26, 202628
- Executive OfficerBarry L. Capoot named Mar 26, 202628
- Executive OfficerJulian L. Merschen named Mar 26, 202628
- Executive OfficerLou F. Paglia named Mar 26, 202628
- Executive OfficerMary L. Miller named Mar 26, 202628
- Executive OfficerSamantha L. Wormington named Mar 26, 202628
- Executive OfficerDanny M. Zambito named Oct 5, 202329
- DirectorAndrew L. Shimek named Mar 26, 202628
- DirectorAntony F. Waszkiewicz named Mar 26, 202628
- DirectorChristopher F. Stone named Mar 26, 202628
- DirectorDale F. Stohr named Mar 26, 202628
- DirectorLee F. Sienna named Mar 26, 202628
- DirectorMichael Suchsland named Mar 26, 202628
- DirectorLloyd W. Howell Jr. named Oct 5, 202329
- DirectorRichard J. Williams named Oct 5, 202329
- DirectorTanenbaum B. Lauren named Oct 5, 202329
Former names
- Pivotal Acquisition CorpSep 14, 2018 to Dec 23, 20193
Timeline
Filings
72 filings to the SEC since October 2021: 3 annual reports, 9 quarterly reports, 33 major events, 4 large holders, 3 private raises, 20 other. The latest 20:
- Mar 26, 2026D/A EDGAR
- Dec 3, 2024D EDGAR
- Oct 3, 202415-12G EDGAR
- Sep 25, 2024EFFECT EDGAR
- Sep 24, 2024S-8 POS EDGAR
- Sep 24, 2024S-8 POS EDGAR
- Sep 24, 2024POS AM EDGAR
- Aug 15, 20248-K/A EDGAR
- Aug 15, 20248-K EDGAR
- Aug 8, 202410-Q EDGAR
- Aug 8, 20248-K EDGAR
- Jul 25, 20248-K EDGAR
- Jul 8, 20248-K EDGAR
- Jul 2, 20248-K EDGAR
- Jun 18, 20248-K EDGAR
- Jun 14, 20248-K EDGAR
- May 9, 202410-Q EDGAR
- May 9, 2024DEFA14A EDGAR
- May 8, 20248-K EDGAR
- May 2, 20248-K EDGAR
The 72 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.
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.
- Teachers Pension Plan Board OntarioSC 13D/A, 2 filings Apr 7, 2022 to Dec 22, 202330
- Pivotal Spac Funding LLCSC 13D/A, 1 filing Feb 14, 202231
- Linden Capital L.P.SC 13G/A, 1 filing Jan 31, 202232
Money raised
Private offerings the company reported to the SEC on Form D.
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 16SEC EDGARLauren Tanenbaum, Board member
- 17SEC EDGARArjun Shah, Board member
- 18SEC EDGARIan Fujiyama, Board member
- 19SEC EDGARLawrence B. Prior Iii., Board member
- 20SEC EDGAREfrat Epstein, Board member
- 21SEC EDGAREvan B. Morgan, Board member
- 22SEC EDGARKatrina Adams, Board member
- 23SEC EDGARKevin Griffin, Board member
- 24SEC EDGARDaniel Akerson, Board member
- 25SEC EDGARDonna S. Morea, Board member
- 26SEC EDGARWilliam Darman, Board member
- 27SEC EDGARGreg Racz, Board member
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