| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 268,936 | 230,340 | 245,809 | 135,606 |
| Accounts receivable, net of allowances of 3,466 and 726 as of september30, 2025 and december31, 2024, respectively | 22,417 | 19,661 | 20,177 | 13,570 |
| Contract assets and unbilled receivable, net | 32,178 | 21,928 | 21,419 | 24,639 |
| Other current assets | 11,835 | 10,093 | 7,646 | 7,394 |
| Total current assets | 335,366 | 282,022 | 295,051 | 181,209 |
| Restricted cash equivalents, non-current | 936 | 936 | 676 | 811 |
| Right-of-use assets | 4,412 | 4,420 | 5,059 | 3,860 |
| Property and equipment, net | 2,726 | 1,070 | 1,053 | 1,541 |
| Goodwill | 122,277 | 101,210 | 101,210 | 111,730 |
| Intangible assets, net | 191,066 | 159,880 | 167,446 | 182,579 |
| Deferred tax asset | 4 | 4 | 5 | 30 |
| Contract assets and unbilled receivable, non-current, net | 29,163 | 23,631 | 12,270 | 14,596 |
| Other non-current assets | 16,267 | 6,321 | 4,766 | 3,298 |
| Total assets | 702,217 | 579,494 | 587,536 | 499,654 |
| Accounts payable | 6,864 | 10,151 | 6,720 | 17,758 |
| Accrued liabilities | 28,141 | 18,993 | 18,076 | 22,599 |
| Operating lease liabilities | 2,012 | 2,076 | 2,064 | 1,832 |
| Finance lease liabilities | 327 | 38 | 40 | 74 |
| Income tax liability | 2,438 | 2,966 | 2,264 | 2,677 |
| Deferred revenue | 20,702 | 23,715 | 26,888 | 20,096 |
| Contingent holdback consideration | 3,400 | - | - | - |
| Other current liabilities | 1,248 | 351 | 3,978 | 5,142 |
| Total current liabilities | 65,132 | 58,290 | 60,030 | 70,178 |
| Operating lease liabilities, net of current portion | 2,482 | 2,274 | 2,526 | 2,241 |
| Deferred revenue, net of current portion | 7,748 | 6,132 | 7,517 | 7,570 |
| Long-term debt | - | - | - | 39,694 |
| Contingent acquisition liabilities, net of current portion (note 16) | 214,858 | 142,113 | 113,147 | 74,450 |
| Income tax liability, net of current portion | 3,124 | 3,082 | 3,115 | 5,004 |
| Other non-current liabilities | 9,637 | 7,844 | 4,208 | 4,530 |
| Total liabilities | 302,981 | 219,735 | 190,543 | 203,667 |
| Common stock-Common Class A | 37 | 36 | 36 | 33 |
| Common stock-Common Class B | 3 | 3 | 3 | 3 |
| Additional paid-in capital | 1,396,094 | 1,247,394 | 1,209,871 | 980,150 |
| Accumulated deficit | -997,123 | -887,852 | -813,128 | -684,461 |
| Accumulated other comprehensive income | 225 | 178 | 211 | 262 |
| Total stockholders equity | 399,236 | 359,759 | 396,993 | 295,987 |
| Total liabilities and stockholders equity | 702,217 | 579,494 | 587,536 | 499,654 |
SOUNDHOUND AI, INC. (SOUN)
SOUNDHOUND AI, INC. (SOUN)