Security
CS Disco, Inc. · LAW
LAWNYSECommon stockCurrentCIK 1625641Updated Nov 10, 2026
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HALPER SADEH LLC ENCOURAGES CS DISCO, INC. SHAREHOLDERS TO CONTACT THE FIRM TO DISCUSS THEIR RIGHTS News provided by Halper Sadeh LLP Dec 01, 2025, 15:40 ET Share this article Share to X Share this article Share to X Shareholders should contact the firm immediately as there may be limited time to en ↗
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Information technology stocks retain bullish Quant ratings despite steep YTD losses ↗
CS Disco, Inc. 2026 Q3 - Results - Earnings Call Presentation ↗
CS Disco, Inc. (LAW) Q3 2026 Earnings Call Transcript ↗
SEC disclosures
CS Disco, Inc. files 8-K: Material Event ↗
Recent filings
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
4 filing
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Financials
FY 2025 · USDSource
Source
Source
Source
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balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 174,761,000Source | 194,382,000Source | 161,388,000Source | 164,872,000Source | 198,001,000Source | 162,372,000Source | 168,030,000Source | 217,276,000Source | 173,639,000Source | 180,320,000Source | 231,547,000Source | 256,322,000Source |
| GoodwillUSD | 5,898,000Source | 5,898,000Source | 5,898,000Source | 5,898,000Source | 5,898,000Source | 5,898,000Source | 5,898,000Source | 5,898,000Source | 5,898,000Source | 5,898,000Source | 5,898,000Source | 5,898,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 251,000Source | 470,000Source | 116,000Source | 296,000Source | 540,000Source | 161,000Source | 341,000Source | 610,000Source | 206,000Source | 400,000Source | 681,000Source | 962,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 28,804,000Source | 76,549,000Source | 10,887,000Source | 21,672,000Source | 130,005,000Source | 17,647,000Source | 34,533,000Source | 148,679,000Source | 19,655,000Source | 52,771,000Source | 159,551,000Source | 203,244,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 24,233,000Source | 23,988,000Source | 27,953,000Source | 23,861,000Source | 25,334,000Source | 26,825,000Source | 22,326,000Source | 24,501,000Source | 25,622,000Source | 23,117,000Source | 26,993,000Source | 22,720,000Source |
| Assets, CurrentUSD | 153,062,000Source | 157,100,000Source | 141,577,000Source | 142,916,000Source | 160,151,000Source | 142,521,000Source | 145,596,000Source | 178,568,000Source | 152,994,000Source | 156,936,000Source | 192,339,000Source | 231,540,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 6,103,000Source | 6,318,000Source | 4,099,000Source | 4,566,000Source | 4,812,000Source | 4,574,000Source | 4,459,000Source | 5,388,000Source | 4,736,000Source | 4,692,000Source | 5,795,000Source | — |
| Operating Lease, Right-of-Use AssetUSD | 6,700,000Source | 6,859,000Source | 4,940,000Source | 7,270,000Source | 7,372,000Source | 5,535,000Source | 7,832,000Source | 7,878,000Source | 6,121,000Source | 8,388,000Source | 8,143,000Source | 9,824,000Source |
| Other Assets, NoncurrentUSD | 820,000Source | 816,000Source | 1,151,000Source | 827,000Source | 808,000Source | 866,000Source | 825,000Source | 804,000Source | 837,000Source | 820,000Source | 823,000Source | 591,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 44,131,000Source | 27,123,000Source | 41,229,000Source | 26,977,000Source | 27,111,000Source | 38,425,000Source | 25,858,000Source | 24,123,000Source | 45,532,000Source | 32,806,000Source | 31,212,000Source | 32,686,000Source |
| Stockholders’ equity: | ||||||||||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 313,000Source | 300,000Source | 325,000Source | 309,000Source | 298,000Source | 321,000Source | 305,000Source | 306,000Source | 317,000Source | 302,000Source | 306,000Source | 296,000Source |
| Additional Paid in CapitalUSD | 463,607,000Source | 439,128,000Source | 479,953,000Source | 457,229,000Source | 433,664,000Source | 475,067,000Source | 450,689,000Source | 444,040,000Source | 469,560,000Source | 444,601,000Source | 440,408,000Source | 421,569,000Source |
| Retained Earnings (Accumulated Deficit)USD | -333,300,000Source | -272,230,000Source | -360,078,000Source | -319,635,000Source | -263,072,000Source | -351,420,000Source | -308,823,000Source | -251,193,000Source | -341,802,000Source | -297,430,000Source | -240,379,000Source | -198,229,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 10,000Source | 61,000Source | -41,000Source | -8,000Source | — | -21,000Source | 1,000Source | — | 32,000Source | 41,000Source | — | — |
| Stockholders' Equity Attributable to ParentUSD | 130,630,000Source | 167,259,000Source | 120,159,000Source | 137,895,000Source | 170,890,000Source | 123,947,000Source | 142,172,000Source | 193,153,000Source | 128,107,000Source | 147,514,000Source | 200,335,000Source | 223,636,000Source |
| Liabilities and EquityUSD | 174,761,000Source | 194,382,000Source | 161,388,000Source | 164,872,000Source | 198,001,000Source | 162,372,000Source | 168,030,000Source | 217,276,000Source | 173,639,000Source | 180,320,000Source | 231,547,000Source | 256,322,000Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 38,992,000Source | 20,980,000Source | 37,513,000Source | 21,168,000Source | 20,474,000Source | 33,997,000Source | 19,410,000Source | 16,995,000Source | 40,428,000Source | 25,694,000Source | 23,118,000Source | 22,767,000Source |
| Operating Lease, Liability, CurrentUSD | 2,569,000Source | 1,823,000Source | 2,738,000Source | 2,514,000Source | 1,905,000Source | 2,681,000Source | 2,460,000Source | 1,983,000Source | 2,624,000Source | 2,288,000Source | 1,826,000Source | 1,902,000Source |
| Accounts Payable, CurrentUSD | 3,464,000Source | 3,410,000Source | 4,235,000Source | 3,122,000Source | 4,040,000Source | 2,702,000Source | 5,409,000Source | 1,995,000Source | 3,888,000Source | 3,994,000Source | 5,234,000Source | 8,485,000Source |
| Operating Lease, Liability, NoncurrentUSD | 4,908,000Source | 5,817,000Source | 2,828,000Source | 5,566,000Source | 6,262,000Source | 3,535,000Source | 6,216,000Source | 6,702,000Source | 4,231,000Source | 6,855,000Source | 7,136,000Source | 8,770,000Source |
| Other Liabilities, NoncurrentUSD | 148,000Source | 199,000Source | 838,000Source | 149,000Source | 238,000Source | 832,000Source | 127,000Source | 278,000Source | 801,000Source | 141,000Source | 800,000Source | 950,000Source |
| Additional Financial Items | ||||||||||||
| Accrued Liabilities, CurrentUSD | 5,189,000Source | 5,847,000Source | 6,243,000Source | 6,187,000Source | 5,457,000Source | 7,797,000Source | 3,901,000Source | 6,341,000Source | 6,533,000Source | 5,947,000Source | 5,502,000Source | 4,705,000Source |
| Deferred Tax Liabilities, NetUSD | — | — | — | — | — | — | — | — | 192,000Source | 127,000Source | 145,000Source | 15,000Source |
| Short-term InvestmentsUSD | 84,682,000Source | 50,245,000Source | 90,507,000Source | 92,817,000Source | 0Source | 85,391,000Source | 84,278,000Source | 0Source | 94,942,000Source | 76,356,000Source | — | — |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | — | — | — | — | 977,000Source | 927,000Source | 3,658,000Source | 3,926,000Source | 4,159,000Source | 2,974,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 5,435,000Source | 5,879,000Source | 24,464,000Source | 22,269,000Source | 16,158,000Source | 21,737,000Source |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | 1,645,000Source | -258,000Source | 4,392,000Source | -1,764,000Source | 6,705,000Source | 3,274,000Source |
| Increase (Decrease) in Accounts PayableUSD | — | — | — | — | — | — | -1,489,000Source | 1,536,000Source | 137,000Source | -849,000Source | -4,091,000Source | 3,186,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 63,000Source | -10,000Source | 144,000Source | 32,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -11,684,000Source | -10,498,000Source | -14,936,000Source | -8,749,000Source | -25,531,000Source | -46,014,000Source |
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | — | — | — | — | — | — | — | 0Source | 1,180,000Source | 5,310,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | 9,591,000Source | -7,656,000Source | -18,196,000Source | -78,035,000Source | -20,035,000Source | -9,688,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 700,000Source | 525,000Source | 3,053,000Source | 2,781,000Source | 4,859,000Source | 4,378,000Source |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common StockUSD | — | — | — | — | — | — | 132,000Source | 24,000Source | 105,000Source | 127,000Source | 89,000Source | 264,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 85,000Source | -84,000Source | 16,000Source | -19,996,000Source | 1,873,000Source | 3,469,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | -2,008,000Source | -18,238,000Source | -33,116,000Source | -106,780,000Source | -43,693,000Source | -52,233,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 28,804,000Source | 76,549,000Source | 10,887,000Source | 21,672,000Source | 17,647,000Source | 34,533,000Source | 19,655,000Source | 52,771,000Source | 159,551,000Source | 203,244,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | — | — | — | — | — | 0Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | — | 285,000Source | 630,000Source | 896,000Source | 766,000Source | 397,000Source |
| Additional Financial Items | ||||||||||||
| Amortization of Debt Issuance CostsUSD | — | — | — | — | — | — | — | — | — | — | — | 0Source |
| Amortization of Intangible AssetsUSD | — | — | 0Source | 100,000Source | 0Source | 100,000Source | 0Source | 100,000Source | 200,000Source | 300,000Source | 300,000Source | 200,000Source |
| Capitalized Computer Software, AmortizationUSD | — | — | — | — | — | — | — | — | 2,100,000Source | 1,900,000Source | 1,700,000Source | 1,200,000Source |
| DepreciationUSD | — | — | 800,000Source | 900,000Source | 800,000Source | 800,000Source | 900,000Source | 800,000Source | 3,300,000Source | 3,600,000Source | 3,800,000Source | 2,700,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | — | — | — | — | — | — | 0Source | 4,000Source | -41,000Source | 1,000Source |
| General and Administrative ExpenseUSD | — | — | 16,921,000Source | 9,658,000Source | 9,523,000Source | 11,024,000Source | 10,391,000Source | 10,976,000Source | 48,910,000Source | 41,049,000Source | 33,232,000Source | 40,738,000Source |
| GoodwillUSD | — | — | 5,898,000Source | 5,898,000Source | 5,898,000Source | 5,898,000Source | 5,898,000Source | 5,898,000Source | 5,898,000Source | 5,898,000Source | 5,898,000Source | 5,898,000Source |
| Goodwill, Impairment LossUSD | — | — | — | — | — | — | 0Source | 0Source | 0Source | — | — | — |
| Impairment of Intangible Assets, Finite-livedUSD | — | — | — | — | — | — | — | — | — | 14,000,000Source | — | — |
| Income Tax Expense (Benefit)USD | — | — | 140,000Source | 118,000Source | 135,000Source | 210,000Source | 141,000Source | 137,000Source | 743,000Source | 332,000Source | 443,000Source | 186,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | -13,665,000Source | -9,158,000Source | -8,658,000Source | -10,812,000Source | -9,618,000Source | -11,393,000Source | -44,372,000Source | -55,774,000Source | -42,150,000Source | -70,765,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | -13,665,000Source | -9,158,000Source | -8,658,000Source | -10,812,000Source | -9,618,000Source | -11,393,000Source | -44,372,000Source | -55,774,000Source | -42,150,000Source | -70,765,000Source |
| Operating ExpensesUSD | — | — | 45,373,000Source | 37,403,000Source | 41,330,000Source | 40,233,000Source | 41,176,000Source | 39,760,000Source | 165,548,000Source | 169,150,000Source | 152,987,000Source | 172,835,000Source |
| Other Nonoperating Income (Expense)USD | — | — | 937,000Source | 1,837,000Source | 693,000Source | 1,208,000Source | 616,000Source | 1,354,000Source | 4,495,000Source | — | — | — |
| Proceeds from Stock Options ExercisedUSD | — | — | — | — | — | — | 8,000Source | 6,000Source | 38,000Source | 80,000Source | 543,000Source | 4,059,000Source |
| Unrealized Gain (Loss) on InvestmentsUSD | — | — | 18,000Source | 61,000Source | -20,000Source | -9,000Source | -53,000Source | -40,000Source | -9,000Source | 41,000Source | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 40,919,000Source | 36,266,000Source | 43,146,000Source | 38,106,000Source | 41,882,000Source | 36,653,000Source | 156,849,000Source | 144,841,000Source | 138,090,000Source | 135,190,000Source |
| Cost of Goods and Services Sold | — | — | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source |
| Operating Income (Loss)USD | — | — | -14,462,000Source | -10,877,000Source | -9,216,000Source | -11,810,000Source | -10,093,000Source | -12,610,000Source | -48,124,000Source | -61,723,000Source | -49,845,000Source | -71,808,000Source |
| Other Nonoperating Income (Expense)USD | — | — | 937,000Source | 1,837,000Source | 693,000Source | 1,208,000Source | 616,000Source | 1,354,000Source | 4,495,000Source | — | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | -13,525,000Source | -9,040,000Source | -8,523,000Source | -10,602,000Source | -9,477,000Source | -11,256,000Source | -43,629,000Source | -55,442,000Source | -41,707,000Source | -70,579,000Source |
| Income Tax Expense (Benefit)USD | — | — | 140,000Source | 118,000Source | 135,000Source | 210,000Source | 141,000Source | 137,000Source | 743,000Source | 332,000Source | 443,000Source | 186,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | -13,665,000Source | -9,158,000Source | -8,658,000Source | -10,812,000Source | -9,618,000Source | -11,393,000Source | -44,372,000Source | -55,774,000Source | -42,150,000Source | -70,765,000Source |
| Earnings Per Share, BasicUSD per share | — | — | -0.22Source | -0.15Source | -0.13Source | -0.18Source | -0.15Source | -0.19Source | -0.72Source | -0.93Source | -0.7Source | -1.2Source |
| Earnings Per Share, DilutedUSD per share | — | — | -0.22Source | -0.15Source | -0.13Source | -0.18Source | -0.15Source | -0.19Source | -0.72Source | -0.93Source | -0.7Source | -1.2Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 62,094,000Source | 59,675,000Source | 64,489,000Source | 61,245,000Source | 63,675,000Source | 60,565,000Source | 61,721,000Source | 60,212,000Source | 60,139,000Source | 58,753,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 62,094,000Source | 59,675,000Source | 64,489,000Source | 61,245,000Source | 63,675,000Source | 60,565,000Source | 61,721,000Source | 60,212,000Source | 60,139,000Source | 58,753,000Source |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | 0Source | 100,000Source | 0Source | 100,000Source | 0Source | 100,000Source | 200,000Source | 300,000Source | 300,000Source | 200,000Source |
| Capitalized Computer Software, AmortizationUSD | — | — | — | — | — | — | — | — | 2,100,000Source | 1,900,000Source | 1,700,000Source | 1,200,000Source |
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 680,000Source | 342,000Source | 299,000Source | 154,000Source |
| General and Administrative ExpenseUSD | — | — | 16,921,000Source | 9,658,000Source | 9,523,000Source | 11,024,000Source | 10,391,000Source | 10,976,000Source | 48,910,000Source | 41,049,000Source | 33,232,000Source | 40,738,000Source |
| Goodwill, Impairment LossUSD | — | — | — | — | — | — | 0Source | 0Source | 0Source | — | — | — |
| Gross ProfitUSD | — | — | 30,911,000Source | 26,526,000Source | 32,114,000Source | 28,423,000Source | 31,083,000Source | 27,150,000Source | 117,424,000Source | 107,427,000Source | 103,142,000Source | 101,027,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | — | — | — | — | — | — | — | — | -43,069,000Source | -56,258,000Source | -42,845,000Source | -71,379,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | -13,665,000Source | -9,158,000Source | -8,658,000Source | -10,812,000Source | -9,618,000Source | -11,393,000Source | -44,372,000Source | -55,774,000Source | -42,150,000Source | -70,765,000Source |
| Operating ExpensesUSD | — | — | 45,373,000Source | 37,403,000Source | 41,330,000Source | 40,233,000Source | 41,176,000Source | 39,760,000Source | 165,548,000Source | 169,150,000Source | 152,987,000Source | 172,835,000Source |
| Research and Development ExpenseUSD | — | — | 13,420,000Source | 12,757,000Source | 14,932,000Source | 13,968,000Source | 14,700,000Source | 14,257,000Source | 56,596,000Source | 51,511,000Source | 51,623,000Source | 59,258,000Source |
| Selling and Marketing ExpenseUSD | — | — | 15,032,000Source | 14,988,000Source | 16,875,000Source | 15,241,000Source | 16,085,000Source | 14,527,000Source | 60,042,000Source | 61,377,000Source | 68,132,000Source | 72,839,000Source |