Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Other costs100¢$2.4M
- Interest0¢$10.9K
Out of $2.4M in revenue.3 The company lost money this year.
Financial statements
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Revenue | $177.6K4 | $1.3M4 | $2.7M3 | $2.4M3 | |
| Operating expenses | $13.1M3 | $16.7M3 | |||
| Operating income | -$3.3M4 | -$4.5M5 | -$10.4M3 | -$14.3M3 | |
| Interest | $740.3K4 | $1.1M5 | $8.4K3 | $10.9K3 | |
| Net income | -$4.1M4 | -$7.9M5 | -$10.3M3 | -$13.6M3 | |
| Earnings per share | -$1.855 | -$0.753 | -$0.953 | ||
| Earnings per share (diluted) | -$1.855 | -$0.753 | -$0.953 | ||
| Shares (weighted, basic) | 13.7M shares3 | 14.3M shares3 | |||
| Shares (weighted, diluted) | 13.7M shares3 | 14.3M shares3 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Cash | $7.5K4 | $33.8K4 | $24.8M5 | $24.9M3 | $14.7M3 |
| Receivables | $2.3M3 | $135.7K3 | |||
| Current assets | $100.6K4 | $26.3M5 | $28.2M3 | $15.2M3 | |
| Property, plant and equipment | $44.8K3 | ||||
| Goodwill | $463.0K3 | ||||
| Intangible assets | $2.9M3 | ||||
| Total assets | $473.6K4 | $27.4M5 | $31.7M3 | $15.2M3 | |
| Current liabilities | $5.5M4 | $2.7M5 | $5.5M3 | $2.3M3 | |
| Total liabilities | $5.5M4 | $2.9M5 | $6.2M3 | $2.4M3 | |
| Retained earnings | -$26.6M3 | -$40.2M3 | |||
| Shareholders’ equity | -$1.6M4 | -$5.0M5 | $24.5M3 | $25.5M3 | $12.8M3 |
| Shares outstanding | 3.6M shares4 | 11.8M shares5 | 14.3M shares3 | 14.5M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Cash from operations | -$2.7M4 | -$4.8M5 | -$7.7M3 | -$9.6M3 | |
| Depreciation and amortization | $452.1K3 | $331.0K3 | |||
| Stock-based compensation | $724.0K3 | $991.5K3 | |||
| Capital spending | $5.0K4 | $16.0K5 | $39.4K3 | $16.5K3 | |
| Free cash flow | -$2.7M | -$4.8M | -$7.7M | -$9.6M | |
| Cash from investing | -$1.7M3 | -$16.5K3 | |||
| Cash from financing | $9.5M3 | -$552.0K3 |
Corporate structure
Kubient, 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 Kubient, Inc.
- Mithaq Capital SPC Filed SC 13G/A on Kubient, Inc., latest Feb 13, 2024 (3 filings since Dec 17, 2021)
- Tarik Three Holdings Ltd Filed SC 13G on Kubient, Inc., latest Oct 3, 2022
- Kubient, Inc. New York, New York
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Kubient, 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
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $44.8K3 Dec 31, 2021 | $17.2K5 Dec 31, 2020 | +160.7% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $14.7M3 Dec 31, 2022 | $24.9M3 Dec 31, 2021 | −40.8% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $463.0K3 Dec 31, 2021 | ||
| Intangible assets, net (excluding goodwill) | $2.9M3 Dec 31, 2021 | $1.1M5 Dec 31, 2020 | +174.9% |
| Finite-lived intangibles, gross | $3.7M3 Dec 31, 2021 | $1.4M5 Dec 31, 2020 | +165.3% |
| Accumulated amortization | $768.8K3 Dec 31, 2021 | $328.5K5 Dec 31, 2020 | +134.0% |
| Finite-lived intangibles, net | $2.9M3 Dec 31, 2021 | $1.1M3 Dec 31, 2020 | +174.9% |
Leadership
Who has led Kubient, Inc., and when. Pick a name to see everywhere that person has worked.
- Chief executive officerPeter A. Bordes Jr. Aug 13, 2020 to Oct 9, 20209
- Chief financial officerJoshua Adam Weiss Aug 13, 2020 to Feb 25, 202210
Board members and other officers (10)
- Chief Product OfficerLeon Zemel Dec 3, 2021 to Dec 3, 202111
- Chief Technology OfficerMitchell Berg Dec 3, 2021 to Dec 3, 202112
- Chief Product OfficerChristopher Francia Aug 13, 2020 to Jun 29, 202113
- OfficerPaul Damian Roberts Aug 13, 2020 to Sep 17, 202114
- Chief Technology OfficerPavel Medvedev Aug 13, 2020 to Jul 1, 202115
- Board memberElisabeth H. Demarse Aug 13, 2020 to Mar 14, 202216
- Board memberGrainne M. Coen Aug 13, 2020 to Mar 14, 202217
- Board memberJeannie M. Mun Aug 13, 2020 to Mar 14, 202218
- Board memberPaul Damian Roberts Aug 13, 2020 to Sep 17, 202114
- Board memberPeter A. Bordes Jr. Aug 13, 2020 to Oct 9, 20209
Timeline
- May 14, 20248-K Exit or restructuring costs; Executive or director change19
- May 8, 20248-K Exit or restructuring costs; Executive or director change20
- Dec 5, 20238-K Executive or director change21
- Dec 5, 20238-K Ended a material agreement; Executive or director change22
- Nov 15, 20238-K Listing notice or transfer; Regulation FD disclosure23
- Nov 8, 20238-K Executive or director change24
- Oct 17, 20238-K Executive or director change25
- Oct 6, 20238-K Exit or restructuring costs; Executive or director change26
- Sep 25, 20238-K Change of auditor; Earlier financial statements no longer reliable; Executive or director change27
- Aug 28, 20238-K Listing notice or transfer28
- Jun 12, 20238-K Shareholder vote29
- May 30, 20238-K Entered a material agreement30
- Aug 13, 2020New chief executive Peter A. Bordes Jr. becomes CEO9
Calendar
When it reported results
- Mar 31, 2023Reported quarterly or annual results31
- Nov 14, 2022Reported quarterly or annual results32
- Aug 15, 2022Reported quarterly or annual results33
- Mar 31, 2022Reported quarterly or annual results34
- Nov 10, 2021Reported quarterly or annual results35
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
76 filings to the SEC since October 2021: 2 annual reports, 5 quarterly reports, 25 major events, 32 insider forms, 4 large holders, 8 other. The latest 20:
- May 14, 20248-K/A EDGAR
- May 8, 20248-K EDGAR
- Feb 13, 2024SC 13G/A EDGAR
- Dec 5, 20238-K EDGAR
- Dec 5, 20238-K/A EDGAR
- Nov 21, 202325 EDGAR
- Nov 15, 20238-K EDGAR
- Nov 8, 20238-K EDGAR
- Oct 17, 20238-K EDGAR
- Oct 6, 20238-K EDGAR
- Sep 25, 20238-K EDGAR
- Aug 28, 20238-K EDGAR
- Aug 15, 2023NT 10-Q EDGAR
- Jun 12, 20238-K EDGAR
- May 30, 2023425 EDGAR
- May 30, 20238-K EDGAR
- May 24, 20238-K EDGAR
- May 22, 202310-Q EDGAR
- May 16, 2023NT 10-Q EDGAR
- Apr 26, 2023DEF 14A EDGAR
The 76 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
28 open-market trades by officers, directors and large owners since October 2021: 28 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 17, 2022 | Seemab Muhammad Asif | Buy | 1,968 | $1.00 | $2.0K | Form 4 |
| May 13, 2022 | Seemab Muhammad Asif | Buy | 34,227 | $1.00 | $34.2K | Form 4 |
| May 12, 2022 | Seemab Muhammad Asif | Buy | 669,621 | $1.00 | $669.6K | Form 4 |
| May 11, 2022 | Seemab Muhammad Asif | Buy | 86,859 | $0.77 | $66.9K | Form 4 |
| May 10, 2022 | Alrajhi Turki Saleh A. | Buy | 31,062 | $0.67 | $20.8K | Form 4 |
| Mar 15, 2022 | Mithaq Capital SPC10% owner | Buy | 804 | $1.80 | $1.4K | Form 4 |
| Mar 14, 2022 | Mithaq Capital SPC10% owner | Buy | 137,301 | $1.80 | $247.1K | Form 4 |
| Mar 8, 2022 | Seemab Muhammad Asif | Buy | 1,866 | $1.80 | $3.4K | Form 4 |
| Mar 7, 2022 | Mithaq Capital SPC10% owner | Buy | 95,556 | $1.80 | $172.0K | Form 4 |
| Mar 4, 2022 | Mithaq Capital SPC10% owner | Buy | 17,532 | $1.80 | $31.6K | Form 4 |
| Feb 24, 2022 | Seemab Muhammad Asif | Buy | 300 | $1.80 | $540 | Form 4 |
| Feb 23, 2022 | Seemab Muhammad Asif | Buy | 1,800 | $2.00 | $3.6K | Form 4 |
| Feb 22, 2022 | Alrajhi Turki Saleh A. | Buy | 25,056 | $2.00 | $50.1K | Form 4 |
| Feb 18, 2022 | Seemab Muhammad Asif | Buy | 33,705 | $2.00 | $67.4K | Form 4 |
| Jan 24, 2022 | Alrajhi Turki Saleh A. | Buy | 7,311 | $2.00 | $14.6K | Form 4 |
| Dec 31, 2021 | Seemab Muhammad Asif | Buy | 98,562 | $3.00 | $295.7K | Form 4 |
| Dec 30, 2021 | Seemab Muhammad Asif | Buy | 54,255 | $3.00 | $162.8K | Form 4 |
| Dec 29, 2021 | Alrajhi Turki Saleh A. | Buy | 336,828 | $3.00 | $1.0M | Form 4 |
| Dec 22, 2021 | Seemab Muhammad Asif | Buy | 2,829 | $3.00 | $8.5K | Form 4 |
| Dec 20, 2021 | Alrajhi Turki Saleh A. | Buy | 13,008 | $2.98 | $38.8K | Form 4 |
All 28 trades can be filtered by person here when JavaScript is on.
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.
- Mithaq Capital SPCSC 13G/A, 3 filings Dec 17, 2021 to Feb 13, 202436
- Tarik Three Holdings LtdSC 13G, 1 filing Oct 3, 202237
SEC filer profile
How Kubient, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARKubient, Inc.1
- CIK0001729750
- Employer ID (EIN)82-18088441
- Filer status<br>emerging growth company1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)7373 Services-Computer Integrated Systems Design1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business address500 7Th Ave., Suite 14A131, New York, NY 100181
- Phone(800) 409-94561
- Shares outstanding0 as of May 19, 20238
- Public float$6.5M as of Jun 30, 20223
- On EDGAR sinceMay 30, 20191
- Filings172 in all: 4 (51), 8-K (32), 3 (15), 10-Q (9), CORRESP (7), 5 (5), S-1/A (5), UPLOAD (5)1
All 31 form types
10-K (3), 8-K/A (3), DEF 14A (3), DEFA14A (3), SC 13G (3), SC 13G/A (3), 424B4 (2), D (2), DRS (2), EFFECT (2), NT 10-Q (2), S-1 (2), S-1MEF (2), S-8 (2), 25 (1), 425 (1), 5/A (1), 8-A12B (1), CERT (1), D/A (1), FWP (1), SC 13D (1), SC 13D/A (1)
- Latest filingsAnnual report (10-K) Mar 30, 2023
Quarterly report (10-Q) May 22, 2023
Proxy statement (DEF 14A) Apr 26, 2023
Latest 8-K (8-K) May 8, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARKubient, Inc. filings on SEC EDGAR
- 2SEC EDGARKubient, Inc. filings on SEC EDGAR
- 3SEC EDGARKubient, Inc. 10-K for fiscal 2022
- 4SEC EDGARKubient, Inc. 10-K for fiscal 2019
- 5SEC EDGARKubient, Inc. 10-K for fiscal 2020
- 6SEC EDGARKubient, Inc. 10-Q for fiscal 2022
- 7SEC EDGARKubient, Inc. 10-Q for fiscal 2022
- 8SEC EDGARKubient, Inc. 10-Q for fiscal 2023
- 9
- 10
- 11SEC EDGARLeon Zemel, Chief Product Officer
- 12
- 13
- 14SEC EDGARPaul Damian Roberts, Officer
- 15
- 16SEC EDGARElisabeth H. Demarse, Board member
- 17SEC EDGARGrainne M. Coen, Board member
- 18SEC EDGARJeannie M. Mun, Board member
- 19
- 20
- 21SEC EDGARExecutive or director change
- 22
- 23
- 24SEC EDGARExecutive or director change
- 25SEC EDGARExecutive or director change
- 26
- 27
- 28SEC EDGARListing notice or transfer
- 29SEC EDGARShareholder vote
- 30SEC EDGAREntered a material agreement
- 31
- 32
- 33
- 34
- 35
- 36
- 37