FalconStor is a data management software company based in Austin, Texas. FalconStor was co-founded in 2000 in New York by Computer Associates veterans ReiJane Huai and Wayne Lam. In 2007 the company started a joint-venture with the Chinese Academy of Sciences for the Blue Whale file system. The joint venture was named Tianjin Zhongke Blue Whale Information Technologies Company, located in Tianjin, China.[citation needed] FalconStor was listed at #5 in the Forbes 2008 list of 25 fastest growing technology companies. In August 2009, FalconStor, in a joint-venture with Nexsan to create the co-branded DeDupe SG. In 2011 CRN added FalconStor to their List of 25 “Need to Know: Storage Vendors”.
Company profile
Ticker
FALC
Exchange
Website
CEO
Todd Brooks
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global • Gen Digital • Activision Blizzard • BlackBerry • Vmware • Adobe • Ceridian HCM Holding • McAfee ...
Former names
NETWORK PERIPHERALS INC
SEC CIK
Corporate docs
IRS number
770216135
FALC stock data
Latest filings (excl ownership)
10-K
2022 FY
Annual report
23 Mar 23
8-K
FalconStor Software Announces Fourth Quarter and Full Year 2022 Results
15 Mar 23
10-Q
2022 Q3
Quarterly report
9 Nov 22
8-K
FalconStor Software Announces Third Quarter of 2022 Results
9 Nov 22
10-Q
2022 Q2
Quarterly report
3 Aug 22
8-K
FalconStor Software Announces Second Quarter of 2022 Results
3 Aug 22
8-K
Submission of Matters to a Vote of Security Holders
28 Jun 22
DEF 14A
Definitive proxy
24 May 22
10-Q
2022 Q1
Quarterly report
11 May 22
8-K
FalconStor Software Announces First Quarter of 2022 Results
11 May 22
Transcripts
FALC
Earnings call transcript
2022 Q4
15 Mar 23
FALC
Earnings call transcript
2022 Q2
7 Aug 22
FALC
Earnings call transcript
2022 Q1
11 May 22
FALC
Earnings call transcript
2021 Q4
10 Mar 22
FALC
Earnings call transcript
2021 Q3
13 Nov 21
FALC
Earnings call transcript
2020 Q4
11 Mar 21
FALC
Earnings call transcript
2020 Q2
7 Aug 20
FALC
Earnings call transcript
2020 Q1
12 May 20
FALC
Earnings call transcript
2019 Q4
12 Mar 20
FALC
Earnings call transcript
2019 Q3
19 Nov 19
Latest ownership filings
4
Robert Todd Brooks
22 Mar 23
SC 13G/A
Nantahala Capital Management, LLC
14 Feb 23
SC 13G/A
BARD ASSOCIATES INC
6 Feb 23
4
Robert Todd Brooks
14 Nov 22
4
Robert Todd Brooks
8 Aug 22
4
Barry Rudolph
17 May 22
4
Robert Todd Brooks
17 May 22
4
Vincent Sita
2 Mar 22
3
Vincent Sita
2 Mar 22
SC 13G
BARD ASSOCIATES INC
14 Feb 22
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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| 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) | 2.01 mm | 2.01 mm | 2.01 mm | 2.01 mm | 2.01 mm | 2.01 mm |
| Cash burn (monthly) | (no burn) | 97.51 k | (no burn) | 123.09 k | (no burn) | 99.93 k |
| Cash used (since last report) | n/a | 296.42 k | n/a | 374.18 k | n/a | 303.78 k |
| Cash remaining | n/a | 1.71 mm | n/a | 1.64 mm | n/a | 1.71 mm |
| Runway (months of cash) | n/a | 17.6 | n/a | 13.3 | n/a | 17.1 |
Institutional ownership, Q2 2022
2.5% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 1 |
| Opened positions | 0 |
| Closed positions | 0 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 192.00 k |
| Total shares | 175.00 k |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Herald Investment Management | 175.00 k | $192.00 k |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 20 Mar 23 | Robert Todd Brooks | Common Stock | Buy | Acquire P | No | No | 1.78 | 1,200 | 2.14 k | 87,146 |
| 10 Nov 22 | Robert Todd Brooks | Common Stock | Buy | Acquire P | No | No | 1.75 | 2,000 | 3.50 k | 85,946 |
| 4 Aug 22 | Robert Todd Brooks | Common Stock | Buy | Acquire P | No | No | 1.02 | 5,000 | 5.10 k | 83,946 |
| 17 May 22 | Robert Todd Brooks | Common Stock | Buy | Acquire P | No | No | 1.31 | 3,500 | 4.59 k | 78,946 |
| 17 May 22 | Barry Rudolph | Common Stock | Grant | Acquire A | No | No | 1.39 | 8,500 | 11.82 k | 15,116 |