Sonder Holdings Inc. (SOND)
2025-03-31 | 2024-06-30 | 2024-03-31 | ||
---|---|---|---|---|
Revenue | 118,856 | 164,601 | 133,479 | |
Sales and marketing | 15,322 | 21,572 | 19,249 | |
Restructuring and other charges | - | - | 2,592 | |
Research and development | 3,938 | 4,393 | 4,671 | |
Operations and support | 38,032 | 46,411 | 49,980 | |
General and administrative | 26,817 | 29,272 | 24,285 | |
Cost of revenue (excluding depreciation and amortization) | 96,849 | 94,652 | 100,363 | |
Integration costs | 1,539 | - | - | |
Total costs and operating expenses | 182,497 | 196,300 | 201,140 | |
Loss from operations | -63,641 | -31,699 | -67,661 | |
Change in fair value of earn out liability | - | - | 16 | |
Change in fair value of spac warrants | - | 64 | -81 | |
Other income, net | 6,174 | 1,640 | 686 | |
Interest expense, net | -9,449 | -8,016 | -7,323 | |
Lease adjustment gains, net | 11,138 | 71,123 | 23,901 | |
Total non-operating income, net | 7,863 | 64,683 | 17,361 | |
Loss before income taxes | -55,778 | 32,984 | -50,300 | |
Provision for income taxes | 717 | 237 | 187 | |
Net loss | -56,495 | 32,747 | -50,487 | |
Change in foreign currency translation adjustment | -3,199 | 1,395 | -589 | |
Comprehensive loss | -59,694 | 34,142 | -51,076 | |
Basic net loss per common share (in dollars per share) | -4.85 | 2.94 | -4.58 | |
Diluted net loss per common share (in dollars per share) | -4.85 | 2.94 | -4.58 | |
Weighted average basic common shares outstanding (in shares) | 12,183,604 | 11,150,682 | 11,031,861 | |
Weighted average diluted common shares outstanding (in shares) | 12,183,604 | 11,150,682 | 11,031,861 |