Private company
Qumu Corp
American prepackaged software services company based in Edina2
In its 2022 annual report the company says: “Qumu Corporation provides the tools to create, manage, secure, distribute and measure the success of live and on-demand video for enterprises.”66
Last updated Oct 21, 2026.
Overview
- IndustryServices-Prepackaged Software2
- HeadquartersEdina, United States2
- Incorporated inMN3
- Business address400 South 4Th Street, Suite 401-412, Minneapolis, Mn 554153
- Filer categoryNon-accelerated filer, Smaller reporting company3
- Legal formFinancial Corporations2
- LEI549300MBGQ16A6C8B7452
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O C T Corporation System Inc., 55117 St Paul, United States2
- Registered withOffice of the Minnesota Secretary of State Business & Lien system, 5M-122
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021
Where the money goes
Where each dollar of revenue went, fiscal 2021
- Cost of revenue26¢$6.2M
- Research and development35¢$8.4M
- Other costs38¢$9.0M
- Income tax2¢$392.0K
Out of $24.0M in revenue.4 The company lost money this year.
Financial statements
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Revenue | $34.5M5 | $31.7M6 | $28.2M7 | $25.0M8 | $25.4M4 | $29.1M4 | $24.0M4 |
| Cost of revenue | $17.5M5 | $12.4M5 | $10.3M5 | $8.5M6 | $7.1M4 | $8.4M4 | $6.2M4 |
| Gross profit | $17.0M5 | $19.3M6 | $17.9M7 | $16.5M8 | $18.3M4 | $20.7M4 | $17.9M4 |
| Research and development | $10.7M5 | $8.5M6 | $7.3M7 | $7.0M8 | $7.4M4 | $8.3M4 | $8.4M4 |
| Selling, general and admin | |||||||
| Operating expenses | $36.1M4 | ||||||
| Operating income | -$29.4M5 | -$11.4M6 | -$8.9M7 | -$6.9M8 | -$5.3M4 | -$7.3M4 | -$18.3M4 |
| Income before tax | -$16.8M4 | ||||||
| Income tax | -$839.0K5 | -$252.0K6 | -$358.0K7 | $298.0K8 | -$194.0K4 | -$306.0K4 | -$392.0K4 |
| Net income | -$28.7M5 | -$11.2M6 | -$11.7M7 | -$3.6M8 | -$6.4M4 | -$9.2M4 | -$16.4M4 |
| Earnings per share | -$3.115 | -$1.216 | -$1.257 | -$0.388 | -$0.624 | -$0.684 | -$0.934 |
| Earnings per share (diluted) | -$3.115 | -$1.236 | -$1.257 | -$0.398 | -$0.634 | -$0.704 | -$1.014 |
| Shares (weighted, basic) | 17.5M shares4 | ||||||
| Shares (weighted, diluted) | 17.6M shares4 |
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Cash | $7.1M6 | $10.4M7 | $7.7M7 | $8.6M7 | $10.6M8 | $11.9M4 | $20.6M4 |
| Inventory | $164.0K4 | ||||||
| Current assets | $28.6M11 | $20.6M5 | $15.2M6 | $17.9M7 | $18.6M8 | $20.7M4 | $27.5M4 |
| Property, plant and equipment | $337.0K4 | ||||||
| Goodwill | $7.4M4 | ||||||
| Intangible assets | $1.4M4 | ||||||
| Total assets | $54.4M11 | $42.2M5 | $34.3M6 | $30.3M7 | $31.7M8 | $31.4M4 | $37.1M4 |
| Current liabilities | $19.1M11 | $15.4M5 | $16.7M6 | $17.1M7 | $17.8M8 | $23.7M4 | $22.2M4 |
| Long-term debt | $011 | $6.6M5 | $7.6M5 | ||||
| Long-term liabilities | $2.3M4 | ||||||
| Total liabilities | $23.7M11 | $23.7M5 | $25.1M6 | $23.3M7 | $21.5M8 | $28.5M4 | $24.5M4 |
| Retained earnings | -$90.7M4 | ||||||
| Shareholders’ equity | $30.8M6 | $18.6M7 | $9.2M8 | $7.0M4 | $10.2M4 | $2.9M4 | $12.6M4 |
| Shares outstanding | 9.2M shares11 | 9.2M shares5 | 9.4M shares6 | 9.6M shares7 | 13.6M shares8 | 13.8M shares4 | 17.8M shares4 |
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$23.2M5 | -$9.5M6 | -$2.0M7 | -$2.8M8 | -$1.5M4 | $1.6M4 | -$17.4M4 |
| Depreciation and amortization | $983.0K4 | ||||||
| Stock-based compensation | $2.1M4 | ||||||
| Capital spending | $635.0K5 | $76.0K6 | $24.0K7 | $127.0K8 | $168.0K4 | $128.0K4 | $239.0K4 |
| Free cash flow | -$23.9M | -$9.6M | -$2.0M | -$3.0M | -$1.7M | $1.4M | -$17.6M |
| Cash from investing | -$189.0K4 | ||||||
| Dividends paid | |||||||
| Share buybacks | |||||||
| Cash from financing | $26.3M4 |
Corporate structure
Qumu Corp 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 Qumu Corp
- Harbert Discovery Fund, LP Filed SC 13D/A on Qumu Corp, latest Feb 13, 2023 (2 filings since Dec 21, 2022)
- Roumell Asset Management, LLC Filed SC 13G/A on Qumu Corp, latest Feb 13, 2023 (2 filings since Feb 11, 2022)
- Bruce Grossman Filed SC 13G/A on Qumu Corp, latest Feb 9, 2023
- Portolan Capital Management, LLC Filed SC 13G/A on Qumu Corp, latest Feb 11, 2022
- RENAISSANCE TECHNOLOGIES LLC Filed SC 13G/A on Qumu Corp, latest Feb 11, 2022
- Qumu Corp Edina, Minnesota, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Qumu Corp 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, before depreciation | $1.9M4 Dec 31, 2021 | $1.6M4 Dec 31, 2020 | +15.8% |
| Accumulated depreciation | $1.5M4 Dec 31, 2021 | $1.4M4 Dec 31, 2020 | +12.2% |
| Property and equipment, net | $337.0K4 Dec 31, 2021 | $249.0K4 Dec 31, 2020 | +35.3% |
| Finance-lease assets | $119.0K4 Dec 31, 2021 | $124.0K4 Dec 31, 2020 | −4.0% |
| Operating-lease assets (leased space) | $146.0K4 Dec 31, 2021 | $332.0K4 Dec 31, 2020 | −56.0% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $20.6M4 Dec 31, 2021 | $11.9M4 Dec 31, 2020 | +73.1% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $7.4M4 Dec 31, 2021 | $7.5M4 Dec 31, 2020 | −0.9% |
| Intangible assets, net (excluding goodwill) | $1.4M4 Dec 31, 2021 | $2.1M4 Dec 31, 2020 | −35.2% |
| Finite-lived intangibles, gross | $15.3M4 Dec 31, 2021 | $15.4M4 Dec 31, 2020 | −0.3% |
| Accumulated amortization | $13.9M4 Dec 31, 2021 | $13.2M4 Dec 31, 2020 | +5.3% |
Inventory
Leadership
Who has led Qumu Corp, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerRose Bentley Apr 22, 2022 to Feb 9, 202312
- Chief executive officerTj Kennedy Jul 24, 2020 to Feb 28, 202213
- Chief executive officerVern Hanzlik Nov 12, 2015 to Mar 10, 202014
- Chief executive officerSherman L. Black Jan 4, 2010 to Aug 25, 201515
- Chief executive officerBernard P. Aldrich Mar 7, 2006 to Jan 11, 201016
- PresidentRose Bentley Apr 22, 2022 to Feb 9, 202312
- PresidentTj Kennedy Jul 24, 2020 to Feb 28, 202213
- PresidentVern Hanzlik May 14, 2015 to Mar 10, 202017
- PresidentSherman L. Black Apr 2, 2009 to Mar 13, 201518
- Chief financial officerThomas A. Krueger Dec 6, 2021 to Feb 9, 202319
- Chief financial officerDave Ristow Nov 9, 2017 to Sep 3, 202120
- Chief financial officerPeter J. Goepfrich May 19, 2015 to Mar 10, 201721
- Chief financial officerRobert Wolf May 18, 2006 to Jun 1, 201022
- Chief operating officerRose Bentley Feb 28, 2022 to Feb 28, 202223
- Chief operating officerSherman L. Black Apr 2, 2009 to Apr 2, 200918
- Chief operating officerManuel M. Almeida May 17, 2007 to Nov 27, 200724
Board members and other officers (28)
- Sr. VP & GMVern Hanzlik Mar 5, 2014 to May 22, 201425
- SVP and Chief ManagerRaymond R. Hood Oct 11, 2011 to Oct 11, 201126
- Sr VP, Marketing & StrategyChristopher Wells Oct 27, 2010 to Mar 12, 201227
- Sr. VP & Chief Technology Off.Samir Mittal Sep 15, 2009 to Nov 15, 201228
- VP Human ResourcesPamela Lampert V. Mar 3, 2006 to Oct 29, 200729
- Chief Technology OfficerDavid J. Suden Mar 10, 2006 to Oct 31, 200730
- Executive Vice PresidentManuel M. Almeida May 18, 2006 to May 21, 200931
- Board memberRose Bentley Apr 22, 2022 to Feb 9, 202312
- Board memberTj Kennedy Jul 24, 2020 to Feb 28, 202213
- Board memberEdward D. Horowitz Nov 1, 2019 to Feb 9, 202332
- Board memberMary E. Chowning Nov 1, 2019 to Feb 9, 202333
- Board memberKenan Lucas May 14, 2018 to Feb 10, 202334
- Board memberNeil E. Cox Dec 26, 2017 to Feb 9, 202335
- Board memberDonald T. Netter Aug 6, 2015 to May 11, 201836
- Board memberVern Hanzlik Nov 12, 2015 to Mar 10, 202014
- Board memberJustin A. Orlando Mar 19, 2013 to May 11, 201837
- Board memberDaniel R. Fishback Dec 13, 2013 to Feb 9, 202338
- Board memberRobert F. Olson Jan 10, 2012 to Feb 9, 202339
- Board memberKimberly K. Nelson Mar 27, 2012 to May 13, 201940
- Board memberSherman L. Black Jan 4, 2010 to Aug 25, 201515
- Board memberRobert Wolf May 6, 2010 to May 25, 201041
- Board memberBernard P. Aldrich Mar 7, 2006 to Jan 11, 201016
- Board memberDavid J. Suden Mar 10, 2006 to May 29, 200830
- Board memberJames K. Reissner Mar 10, 2006 to May 13, 201542
- Board memberLawrence M. Benveniste May 17, 2006 to May 13, 201543
- Board memberPhilip D. Hotchkiss May 17, 2006 to Jun 7, 201144
- Board memberSteven M. Quist May 17, 2006 to May 13, 201545
- Board memberThomas F. Madison May 17, 2006 to May 11, 201846
Former names
- RIMAGE CORPFeb 10, 1994 to Sep 26, 20133
Timeline
- Feb 8, 20238-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer47
- Jan 30, 20238-K Executive or director change48
- Jan 27, 20238-K Listing notice or transfer49
- Dec 19, 20228-K Entered a material agreement; Bylaws or fiscal year changed50
- Oct 28, 20228-K Results of operations51
- Oct 12, 20228-K Regulation FD disclosure52
- Aug 12, 20228-K Results of operations53
- Jul 29, 20228-K Listing notice or transfer54
- Jul 8, 20228-K Change of auditor55
- Jun 3, 20228-K Shareholder vote56
- May 13, 20228-K Results of operations57
- Apr 22, 2022New chief executive Rose Bentley becomes CEO12
- Apr 18, 20228-K Executive or director change58
- Jul 24, 2020New chief executive Tj Kennedy becomes CEO13
- Nov 12, 2015New chief executive Vern Hanzlik becomes CEO14
- Jan 4, 2010New chief executive Sherman L. Black becomes CEO15
- Mar 7, 2006New chief executive Bernard P. Aldrich becomes CEO16
- Feb 10, 1987Founded Qumu Corp is founded2
Calendar
When it reported results
- Oct 28, 2022Reported quarterly or annual results51
- Aug 12, 2022Reported quarterly or annual results53
- May 13, 2022Reported quarterly or annual results57
- Mar 18, 2022Reported quarterly or annual results59
- Oct 29, 2021Reported quarterly or annual results60
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
99 filings to the SEC since October 2021: 1 annual reports, 4 quarterly reports, 19 major events, 33 insider forms, 7 large holders, 35 other. The latest 20:
- Feb 21, 202315-12G CERTIFICATION AND NOTICE OF TERMINATION EDGAR
- Feb 13, 2023SC 13G/A JAMES C. ROUMELL EDGAR
- Feb 13, 2023SC 13D/A EDGAR
- Feb 10, 2023EFFECT EDGAR
- Feb 10, 2023EFFECT EDGAR
- Feb 10, 20234 EDGAR
- Feb 9, 2023S-8 POS EDGAR
- Feb 9, 2023S-8 POS EDGAR
- Feb 9, 2023S-8 POS EDGAR
- Feb 9, 2023S-8 POS EDGAR
- Feb 9, 2023S-8 POS EDGAR
- Feb 9, 2023S-8 POS EDGAR
- Feb 9, 2023S-8 POS EDGAR
- Feb 9, 2023S-8 POS EDGAR
- Feb 9, 2023S-8 POS EDGAR
- Feb 9, 2023S-8 POS EDGAR
- Feb 9, 2023S-8 POS EDGAR
- Feb 9, 2023S-8 POS EDGAR
- Feb 9, 2023S-8 POS EDGAR
- Feb 9, 2023S-8 POS EDGAR
The 99 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
12 open-market trades by officers, directors and large owners since October 2021: 12 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 31, 2022 | Bentley RosePresident and CEO | Buy | 36,646 | $1.02 | $37.3K | Form 4 |
| May 23, 2022 | OLSON ROBERT FDirector | Buy | 10,000 | $1.11 | $11.1K | Form 4 |
| May 20, 2022 | OLSON ROBERT FDirector | Buy | 10,000 | $1.13 | $11.3K | Form 4 |
| May 17, 2022 | CHOWNING MARY EDirector | Buy | 5,000 | $1.08 | $5.4K | Form 4 |
| May 17, 2022 | COX NEIL EDirector | Buy | 10,000 | $1.08 | $10.8K | Form 4 |
| May 17, 2022 | OLSON ROBERT FDirector | Buy | 15,000 | $1.09 | $16.3K | Form 4 |
| May 17, 2022 | HOROWITZ EDWARD DDirector | Buy | 7,500 | $1.09 | $8.1K | Form 4 |
| Dec 3, 2021 | Karp JasonCCO/Chief Counsel | Buy | 10,000 | $1.94 | $19.4K | Form 4 |
| Nov 11, 2021 | HOROWITZ EDWARD DDirector | Buy | 10,000 | $2.36 | $23.6K | Form 4 |
| Nov 3, 2021 | Kennedy TJPresident and CEO | Buy | 13,000 | $2.06 | $26.8K | Form 4 |
| Nov 3, 2021 | Karp JasonCCO/Chief Counsel | Buy | 10,000 | $2.03 | $20.3K | Form 4 |
| Nov 2, 2021 | COX NEIL EDirector | Buy | 5,000 | $2.12 | $10.6K | Form 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.
- Harbert Discovery Fund, LPSC 13D/A, 2 filings Dec 21, 2022 to Feb 13, 202361
- Roumell Asset Management, LLCSC 13G/A, 2 filings Feb 11, 2022 to Feb 13, 202362
- Bruce GrossmanSC 13G/A, 1 filing Feb 9, 202363
- Portolan Capital Management, LLCSC 13G/A, 1 filing Feb 11, 202264
- RENAISSANCE TECHNOLOGIES LLCSC 13G/A, 1 filing Feb 11, 202265
SEC filer profile
How Qumu Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARQumu Corp1
- CIK0000892482
- Employer ID (EIN)41-15779701
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inMinnesota1
- Fiscal year endsDecember 311
- Industry code (SIC)7372 Services-Prepackaged Software1
- Business address400 South 4Th Street, Suite 401-412, Minneapolis, MN 554151
- Phone(612) 638-91001
- Shares outstanding17,935,329 as of Nov 7, 202210
- Public float$45.4M as of Jun 30, 20214
- On EDGAR sinceFeb 10, 19941
- Filings1,131 in all: 4 (484), 8-K (210), 10-Q (81), SC 13G/A (81), 4/A (27), DEF 14A (26), SC 13G (24), 3 (23)1
All 51 form types
10-K (22), SC 13D/A (19), S-8 (17), S-8 POS (17), UPLOAD (12), CORRESP (10), S-3 (7), EFFECT (6), 425 (5), DEFA14A (5), 10-K405 (4), 424B5 (4), SC TO-I/A (4), NT 10-K (3), SC 13D (3), SC 14D9/A (3), 10-Q/A (2), 424B3 (2), 8-A12G/A (2), POS AM (2), PRE 14A (2), SC TO-T/A (2), SD (2), 10-K/A (1), 10-K405/A (1), 15-12G (1), 25-NSE (1), 424B2 (1), 5 (1), 8-A12G (1), 8-K/A (1), D (1), DEFM14A (1), DEFR14A (1), PREM14A (1), PRER14A (1), S-3/A (1), S-3MEF (1), SC 14D9 (1), SC TO-C (1), SC TO-I (1), SC TO-T (1), SC14D9C (1)
- Latest filingsAnnual report (10-K) Apr 15, 2022
Quarterly report (10-Q) Nov 10, 2022
Proxy statement (DEF 14A) May 2, 2022
Latest 8-K (8-K) Feb 8, 2023
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARQumu Corp filings on SEC EDGAR
- 2
- 3SEC EDGARQumu Corp filings on SEC EDGAR
- 4SEC EDGARQumu Corp 10-K for fiscal 2021
- 5SEC EDGARQumu Corp 10-K for fiscal 2015
- 6SEC EDGARQumu Corp 10-K for fiscal 2016
- 7SEC EDGARQumu Corp 10-K for fiscal 2017
- 8SEC EDGARQumu Corp 10-K for fiscal 2018
- 9SEC EDGARQumu Corp 10-Q for fiscal 2022
- 10SEC EDGARQumu Corp 10-Q for fiscal 2022
- 11SEC EDGARQumu Corp 10-K for fiscal 2015
- 12
- 13SEC EDGARTj Kennedy, Chief executive officer
- 14
- 15
- 16
- 17SEC EDGARVern Hanzlik, President
- 18SEC EDGARSherman L. Black, President
- 19
- 20SEC EDGARDave Ristow, Chief financial officer
- 21
- 22SEC EDGARRobert Wolf, Chief financial officer
- 23
- 24
- 25SEC EDGARVern Hanzlik, Sr. VP & GM
- 26
- 27
- 28
- 29
- 30
- 31
- 32SEC EDGAREdward D. Horowitz, Board member
- 33SEC EDGARMary E. Chowning, Board member
- 34SEC EDGARKenan Lucas, Board member
- 35SEC EDGARNeil E. Cox, Board member
- 36SEC EDGARDonald T. Netter, Board member
- 37SEC EDGARJustin A. Orlando, Board member
- 38SEC EDGARDaniel R. Fishback, Board member
- 39SEC EDGARRobert F. Olson, Board member
- 40SEC EDGARKimberly K. Nelson, Board member
- 41SEC EDGARRobert Wolf, Board member
- 42SEC EDGARJames K. Reissner, Board member
- 43SEC EDGARLawrence M. Benveniste, Board member
- 44SEC EDGARPhilip D. Hotchkiss, Board member
- 45SEC EDGARSteven M. Quist, Board member
- 46SEC EDGARThomas F. Madison, Board member
- 47
- 48SEC EDGARExecutive or director change
- 49SEC EDGARListing notice or transfer
- 50
- 51SEC EDGARResults of operations
- 52SEC EDGARRegulation FD disclosure
- 53SEC EDGARResults of operations
- 54SEC EDGARListing notice or transfer
- 55SEC EDGARChange of auditor
- 56SEC EDGARShareholder vote
- 57SEC EDGARResults of operations
- 58SEC EDGARExecutive or director change
- 59
- 60
- 61
- 62
- 63SEC EDGARBruce Grossman SC 13G/A on Qumu Corp
- 64
- 65
- 66SEC EDGARQumu Corp filing with the SEC