Cs Disco Inc SEC Filings

CS Disco (LAW) reported Q3 2025 results. Revenue reached $40.9 million, up from $36.3 million a year ago, reflecting 13% growth as usage-based contracts accounted for 91% of revenue. Software contributed $35.2 million and services $5.7 million.

Gross profit was $30.9 million. Operating loss widened to $14.5 million and net loss was $13.7 million, or $0.22 per share. General and administrative expense reflected a legal loss contingency of $15.5 million and an insurance recovery receivable of $9.2 million, with the $6.3 million net impact recorded in the period.

Cash and cash equivalents were $28.8 million with $84.7 million in short-term investments. Year-to-date operating cash outflow was $15.7 million. Remaining performance obligations totaled $25.4 million, including $13.8 million expected over the next 12 months. As of September 30, 2025, the company had 62.5 million common shares outstanding and total assets of $174.8 million.

CS Disco, Inc. (LAW) furnished quarterly results. The company announced financial results for the quarter ended September 30, 2025, via a press release furnished as Exhibit 99.1.

The information under Item 2.02, including Exhibit 99.1, is furnished and not deemed filed under the Exchange Act. The 8-K lists the earnings release and an Inline XBRL cover page as exhibits.

CS Disco (LAW) filed a Form 4 for its EVP & CFO, Michael S. Lafair. On 10/31/2025, 1,639 shares of common stock were withheld by the company at $6.32 per share to cover taxes due upon the vesting of a time-based restricted stock award. The filing states this was not a discretionary sale by the executive. Following the transaction, the officer directly beneficially owned 817,806 shares.

CS Disco (LAW) reported insider purchases by a director. On 10/17/2025, the director bought 17,902 common shares at a weighted average price of $5.94 (trades ranged from $5.86 to $5.99) pursuant to a Rule 10b5-1 plan adopted on June 13, 2025.

On 10/20/2025, the director purchased an additional 6,929 shares at a weighted average price of $5.98 (range $5.94 to $5.99). Following these transactions, beneficial ownership stood at 164,089 shares, held directly.

Director Thomas F. Bogan purchased 13,680 shares of CS Disco, Inc. (LAW) on 10/07/2025 under a Rule 10b5-1 trading plan adopted 06/13/2025. The shares were bought at a weighted average price of $5.95, with execution prices ranging from $5.92 to $5.99. Following the transactions the reporting person beneficially owned 139,258 shares. The filing was submitted via a signed Form 4 and notes that full per-price breakdowns are available upon request.

Michael S. Lafair, Executive Vice President and Chief Financial Officer of CS Disco, Inc. (ticker: LAW), reported on Form 4 that 1,639 shares of CS Disco common stock were disposed of on 09/30/2025 through withholding to cover tax obligations tied to the vesting of a prior time-based restricted stock award. The withholding price shown is $6.46 per share. After the withholding, Mr. Lafair beneficially owned 819,445 shares, held directly. The Form 4 was signed on 10/01/2025. The filing states the withholding was not a discretionary sale but a tax-related retention by the issuer.

LOVP SBIC Management Services, L.L.C. and affiliated LiveOak entities reported related-party transfers of CS Disco, Inc. (LAW) common stock on 09/17/2025 executed as a pro rata in-kind distribution rather than a purchase or sale. The filing shows LiveOak Venture Partners 1A, L.P. disposed of 4,889,700 shares via the distribution. LiveOak Venture Partners I, L.P. received 4,612,116 shares and now beneficially owns 6,324,973 shares. Additional direct or indirect holdings are reported: 51,432 shares directly, 561,314 held by LiveOak I Co-Invest L.P., 768,058 by LiveOak I Co-Invest II L.P., and 172,940 by LiveOak I Co-Invest IV LP. Reporting parties include LOVP SBIC Management Services, L.L.C. and managing member Venu Shamapant, with multiple affiliated GP/LP entities disclaiming beneficial ownership except to the extent of pecuniary interest. Signatures date the filing 09/19/2025.

CS Disco director Thomas F. Bogan reported acquiring 6,500 shares of CS Disco, Inc. (ticker LAW) on 09/16/2025 at a purchase price of $5.99 per share under a Rule 10b5-1 trading plan. After the transaction he beneficially owned 125,578 shares, held directly. The Form 4 was signed by an attorney-in-fact on 09/17/2025. The filing discloses the transaction code P and states the shares were purchased pursuant to a 10b5-1 plan. No derivative transactions or other changes in beneficial ownership are reported.

CS Disco, Inc. (LAW) director Thomas F. Bogan reported two insider purchases under a Rule 10b5-1 plan. On 09/12/2025 he purchased 30,000 shares at a weighted-average price of $5.80 (individual trade prices ranged $5.76–$5.88), bringing his beneficial ownership to 101,090 shares. On 09/15/2025 he purchased an additional 17,988 shares at $5.98, increasing his beneficial ownership to 119,078 shares. The Form 4 was filed by a single reporting person and signed by an attorney-in-fact. The filing discloses the purchases were made pursuant to a 10b5-1 trading plan and notes the weighted-average pricing range for the first purchase.