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Private company

CYREN Ltd.

CYREN Ltd. is a prepackaged software services company based in Herzliya.1

Last updated Oct 21, 2026.

Overview

  • IndustryServices-Prepackaged Software1
  • HeadquartersL31
  • Incorporated inIsrael2
  • Business address10 Ha-Menofim Street, 5Th Floor, Herzliya, L3 46725612
  • Filer categoryNon-accelerated filer, Smaller reporting company2
  • Legal formCorporation

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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 2021

51.0%Gross margin3
-69.9%Operating margin3
-73.9%Net margin3
-14.3%Revenue growth, 20213
-166.6%Return on equity3

Where the money goes

Where each dollar of revenue went, fiscal 2021

  • Cost of revenue46¢$15.3M
  • Research and development53¢$17.6M
  • Interest0¢$19.0K
  • Income tax0¢$138.0K

Out of $31.2M in revenue.3 The company lost money this year.

Financial statements

Revenue45673$31.2M in 2021+12% since 2015
0$10.0M$20.0M$30.0M$40.0M2015: $27.8M$27.8M20152016: $31.0M$31.0M2016+12%2017: $30.8M$30.8M2017−1%2018: $35.9M$35.9M2018+17%2019: $38.4M$38.4M2019+7%2020: $36.4M$36.4M2020−5%2021: $31.2M$31.2M2021−14%
Gross profit45673$15.9M in 2021−16% since 2015
0$10.0M$20.0M$30.0M2015: $18.9M$18.9M20152016: $20.9M$20.9M2016+11%2017: $18.9M$18.9M2017−10%2018: $21.4M$21.4M2018+13%2019: $22.8M$22.8M2019+7%2020: $21.6M$21.6M2020−5%2021: $15.9M$15.9M2021−26%
Operating income45673-$21.8M in 2021+389% since 2015
-$30.0M-$20.0M-$10.0M02015: -$4.5M-$4.5M20152016: -$6.1M-$6.1M2016+36%2017: -$13.8M-$13.8M2017+127%2018: -$19.3M-$19.3M2018+40%2019: -$17.7M-$17.7M2019−8%2020: -$15.7M-$15.7M2020−11%2021: -$21.8M-$21.8M2021+39%
Net income45673-$23.0M in 2021+380% since 2015
-$30.0M-$20.0M-$10.0M02015: -$4.8M-$4.8M20152016: -$6.2M-$6.2M2016+29%2017: -$15.6M-$15.6M2017+152%2018: -$19.4M-$19.4M2018+24%2019: -$18.0M-$18.0M2019−7%2020: -$17.3M-$17.3M2020−4%2021: -$23.0M-$23.0M2021+33%
Fiscal year2015201620172018201920202021
Revenue$27.8M4$31.0M4$30.8M5$35.9M6$38.4M7$36.4M3$31.2M3
Cost of revenue$8.9M4$10.0M4$11.9M5$14.5M6$15.6M7$14.8M3$15.3M3
Gross profit$18.9M4$20.9M4$18.9M5$21.4M6$22.8M7$21.6M3$15.9M3
Research and development$8.8M4$8.7M4$9.8M5$16.1M6$15.8M7$16.1M3$17.6M3
Operating expenses$37.7M3
Operating income-$4.5M4-$6.1M4-$13.8M5-$19.3M6-$17.7M7-$15.7M3-$21.8M3
Interest$15.0K3$19.0K3
Income before tax-$23.2M3
Income tax$123.0K4-$2.0K4-$42.0K5-$153.0K6-$112.0K7-$121.0K3-$138.0K3
Net income-$4.8M4-$6.2M4-$15.6M5-$19.4M6-$18.0M7-$17.3M3-$23.0M3

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Corporate structure

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

Major holders of CYREN Ltd.

  • CYREN Ltd. L3

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

What it owns

What CYREN Ltd. 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$13.0M3 Dec 31, 2021$14.8M3 Dec 31, 2020−12.4%
Accumulated depreciation$10.8M3 Dec 31, 2021$10.9M3 Dec 31, 2020−0.7%
Property and equipment, net$2.2M3 Dec 31, 2021$3.9M3 Dec 31, 2020−44.7%
Operating-lease assets (leased space)$9.3M3 Dec 31, 2021$10.9M3 Dec 31, 2020−14.9%

Real estate and locations

ItemLatestA year beforeChange
Real estate properties27 Dec 31, 2020

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$4.3M3 Dec 31, 2021$9.3M3 Dec 31, 2020−53.7%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$20.4M3 Dec 31, 2021$21.5M3 Dec 31, 2020−5.1%
Intangible assets, net (excluding goodwill)$4.3M3 Dec 31, 2021$7.8M3 Dec 31, 2020−44.8%
Indefinite-lived intangibles (excluding goodwill)$11.5M3 Dec 31, 2021$14.8M3 Dec 31, 2020−22.8%
Finite-lived intangibles, gross$27.0M3 Dec 31, 2021$28.9M3 Dec 31, 2020−6.7%
Accumulated amortization-$22.7M3 Dec 31, 2021-$21.1M3 Dec 31, 2020−7.3%
Finite-lived intangibles, net$4.3M3 Dec 31, 2021$7.8M7 Dec 31, 2020−44.8%

Leadership

Who has led CYREN Ltd., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Lior Samuelson2019
  2. Brett Michael Jackson2019–2022

Chair

  1. Lior Samuelson2019

Chief financial officer

  1. Joseph Michael Myshrall2019–2020
  2. Kenneth Tarpey2021
20202025
Board members and other officers (24)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Executive OfficerBrian Dunn named Feb 16, 202240
  • Executive OfficerBruce Johnson named Feb 16, 202240
  • DirectorJames Hamilton named Feb 16, 202240
  • DirectorJohn Becker named Feb 16, 202240
  • DirectorLauren Zlentz named Feb 16, 202240

Former names

  • COMMTOUCH SOFTWARE LTDJun 3, 1999 to Feb 6, 20142

Timeline

  1. Feb 28, 20238-K Bankruptcy or receivership41
  2. Feb 22, 20238-K Bankruptcy or receivership; Debt or obligation accelerated; Executive or director change42
  3. Feb 22, 20238-K Listing notice or transfer43
  4. Feb 6, 20238-K Exit or restructuring costs44
  5. Jan 17, 20238-K Executive or director change45
  6. Dec 30, 20228-K Listing notice or transfer46
  7. Nov 14, 20228-K Results of operations47
  8. Sep 6, 20228-K Shareholder vote48
  9. Aug 15, 20228-K Results of operations49
  10. Aug 5, 20228-K Completed an acquisition or sale50
  11. Aug 3, 20228-K Regulation FD disclosure51
  12. Jul 13, 20228-K Executive or director change52
  13. May 8, 2019New chief executive Brett Michael Jackson becomes CEO13
  14. Jan 2, 2019New chief executive Lior Samuelson becomes CEO12

Calendar

When it reported results

  1. Nov 14, 2022Reported quarterly or annual results47
  2. Aug 15, 2022Reported quarterly or annual results49
  3. May 17, 2022Reported quarterly or annual results53
  4. Mar 24, 2022Reported quarterly or annual results54
  5. Feb 10, 2022Reported quarterly or annual results55
  6. Nov 16, 2021Reported quarterly or annual results56

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

Filings

96 filings to the SEC since October 2021: 1 annual reports, 4 quarterly reports, 22 major events, 24 insider forms, 2 large holders, 1 private raises, 42 other. The latest 20:

  1. Jul 25, 202315-12G EDGAR
  2. Apr 12, 202325-NSE EDGAR
  3. Mar 7, 2023EFFECT EDGAR
  4. Mar 7, 2023EFFECT EDGAR
  5. Mar 7, 2023EFFECT EDGAR
  6. Mar 7, 2023EFFECT EDGAR
  7. Feb 28, 2023POS AM POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-3 EDGAR
  8. Feb 28, 2023POS AM POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-3 EDGAR
  9. Feb 28, 2023POS AM POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-3 EDGAR
  10. Feb 28, 2023POS AM POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-3 EDGAR
  11. Feb 28, 2023S-8 POS REGISTRATION STATEMENT EDGAR
  12. Feb 28, 2023S-8 POS REGISTRATION STATEMENT EDGAR
  13. Feb 28, 2023S-8 POS REGISTRATION STATEMENT EDGAR
  14. Feb 28, 2023S-8 POS REGISTRATION STATEMENT EDGAR
  15. Feb 28, 2023S-8 POS REGISTRATION STATEMENT EDGAR
  16. Feb 28, 2023S-8 POS REGISTRATION STATEMENT EDGAR
  17. Feb 28, 2023S-8 POS REGISTRATION STATEMENT EDGAR
  18. Feb 28, 2023S-8 POS REGISTRATION STATEMENT EDGAR
  19. Feb 28, 2023S-8 POS REGISTRATION STATEMENT EDGAR
  20. Feb 28, 2023S-8 POS REGISTRATION STATEMENT EDGAR

The 96 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

6 open-market trades by officers, directors and large owners since October 2021: 0 buys and 6 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Dec 15, 2022Dunn Brian JosephGeneral CounselSale1,907$0.64$1.2KForm 4
Jun 16, 2022Fleck MichaelChief Marketing OfficerSale1,510$1.94$2.9KForm 4
Mar 24, 2022Tamir MichaelCISO and Vice PresidentSale3,012$7.70$23.2KForm 4
Mar 24, 2022Markowitz Eva LiliasVP, Human ResourcesSale2,343$7.70$18.0KForm 4
Mar 24, 2022Fleck MichaelChief Marketing OfficerSale101$7.70$778Form 4
Mar 24, 2022Johnson Bruce HaroldVice President of SalesSale2,343$7.70$18.0KForm 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.

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$12.0M 2022–2022
Money received by yearMoney received by year, 2022–2022: $12.0M in all. Private raises (Form D) $12.0M.$0$5M$10M$15M2022 · Private raises (Form D): $12.0M2022
Figures by year
YearPrivate raises (Form D)Total
2022$12.0M$12.0M

Private raises

Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.

  1. Feb 14, 2022Raised $12 million in a private offering of equity40 Form D: 3 investors so far Form D

SEC filer profile

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

  • Name on EDGARCYREN Ltd.1
  • CIK0001084577
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inIsrael1
  • Fiscal year endsDecember 311
  • Industry code (SIC)7372 Services-Prepackaged Software1
  • Business address10 Ha-Menofim Street, 5Th Floor, Herzliya, L3 46725611
  • Phone011-972-9-863-68881
  • Shares outstanding7,999,808 as of Oct 31, 20229
  • Public float$35.2M as of Jun 30, 20213
  • On EDGAR sinceMay 14, 19991
  • Filings628 in all: 6-K (165), 4 (105), 8-K (54), 3 (32), 20-F (19), EFFECT (19), SC 13G/A (19), POS AM (13)1
    All 49 form types

    S-8 POS (13), 10-Q (12), CORRESP (12), F-3 (12), SC 13D/A (12), F-1/A (11), SC 13G (11), S-8 (10), 4/A (9), UPLOAD (9), SC 13D (8), 20-F/A (6), 424B3 (6), 6-K/A (5), DEF 14A (5), PRE 14A (5), S-3 (5), SC TO-T/A (5), 10-K (4), 424B5 (4), D (4), 3/A (3), 424B4 (3), F-1 (3), F-3/A (3), REGDEX (3), 424B2 (2), RW (2), SC TO-I/A (2), SC14D9C (2), 15-12G (1), 25-NSE (1), 8-A12G (1), 8-K/A (1), NT 20-F (1), S-3/A (1), SC 14D9 (1), SC 14D9/A (1), SC TO-C (1), SC TO-I (1), SC TO-T (1)

  • Latest filingsAnnual report (10-K) Mar 24, 2022
    Quarterly report (10-Q) Nov 14, 2022
    Proxy statement (DEF 14A) Aug 2, 2022
    Latest 8-K (8-K) Feb 28, 2023

Sources

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