SoundHound AI Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	230.34	198.24	95.26	9.25	22.09
Cash & Short-Term Investments	230.34	198.24	95.26	9.25	22.09
Cash Growth	15.08%	108.10%	930.39%	-58.14%	-
Accounts Receivable	41.59	49.8	15.83	5.09	2.11
Other Current Assets	10.09	7.48	2.45	3.37	3.27
Total Current Assets	282.02	255.52	113.54	17.7	27.47
Net Property, Plant & Equipment	5.49	5.93	6.73	11.57	16.45
Other Intangible Assets	159.88	174.94	-	-	-
Goodwill	101.21	101.7	-	-	-
Other Long-Term Assets	30.89	15.86	30.86	8.72	5.29
Total Assets	579.49	553.95	151.12	37.99	49.2
Accounts Payable	10.15	5.56	1.65	2.8	3.76
Accrued Expenses	18.99	26.29	13.88	8.54	7.3
Short-Term Debt	-	-	-	16.67	36.01
Current Portion of Leases	2.11	1.95	2.76	3.44	3.28
Unearned Revenue	23.72	23.88	4.31	5.81	2.74
Other Current Liabilities	3.32	10.07	1.62	1.31	31.17
Total Current Liabilities	58.29	67.74	24.22	38.57	87.74
Long-Term Debt	-	-	84.31	18.3	-
Long-Term Leases	2.27	2.4	3.09	5.72	8.9
Other Long-Term Liabilities	159.17	301.16	11.33	11.97	16.3
Total Long-Term Liabilities	161.45	303.56	98.73	35.98	25.2
Total Liabilities	219.74	371.3	122.95	74.55	112.94
Preferred Stock	-	-	14.19	-	279.5
Common Stock	0.04	0.04	0.03	0.02	0
Additional Paid-in Capital	1,247	1,125	606.14	466.86	43.49
Accumulated Other Comprehensive Income	0.18	0.21	0.2	-	-
Retained Earnings	-887.85	-943.06	-592.38	-503.44	-386.73
Total Common Shareholders' Equity	359.76	182.65	28.17	-36.57	-63.73
Shareholders' Equity	359.76	182.65	28.17	-36.57	-343.24
Total Liabilities & Equity	579.49	553.95	151.12	37.99	49.2
Total Debt	4.39	4.35	90.16	44.12	48.19
Net Cash (Debt)	225.95	193.89	5.1	-34.88	-26.1
Net Cash Growth	16.54%	3701.02%	-	-	-
Net Cash Per Share	0.58	0.57	0.02	-0.22	-0.39
Book Value	359.76	182.65	28.17	-36.57	-63.73
Book Value Per Share	0.93	0.54	0.12	-0.23	-0.95
Tangible Book Value	98.67	-93.99	28.17	-36.57	-63.73
Tangible Book Value Per Share	0.25	-0.28	0.12	-0.23	-0.95

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.