SoundHound AI Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	248.49	198.24	95.26	9.25	21.63
Cash & Short-Term Investments	248.49	198.24	95.26	9.25	21.63
Cash Growth	25.35%	108.10%	930.39%	-57.25%	-50.50%
Receivables	70.53	49.8	15.83	5.09	2.11
Prepaid Expenses	-	-	-	2.51	1.28
Restricted Cash	-	-	-	-	0.46
Other Current Assets	10.11	7.48	2.45	0.86	2
Total Current Assets	329.13	255.52	113.54	17.7	27.47
Property, Plant & Equipment	6.72	5.93	6.73	11.57	16.45
Goodwill	122.28	101.7	-	-	-
Other Intangible Assets	181.4	174.94	-	-	-
Long-Term Accounts Receivable	29.91	12.88	16.49	7.04	-
Long-Term Deferred Tax Assets	0.03	0	0.01	0.06	2.17
Other Long-Term Assets	18.72	2.97	14.35	1.62	3.12
Total Assets	688.17	553.95	151.12	37.99	49.2
Accounts Payable	10.56	5.56	1.65	2.8	3.76
Accrued Expenses	26.33	26.29	13.88	8.54	7.3
Short-Term Debt	-	-	-	16.67	45.49
Current Portion of Long-Term Debt	-	-	-	-	14.34
Current Portion of Leases	2.14	1.95	2.76	3.44	4.58
Current Income Taxes Payable	2.66	2.75	1.62	1.31	2.74
Current Unearned Revenue	24.04	23.88	4.31	5.81	6.04
Other Current Liabilities	6	7.32	-	-	3.49
Total Current Liabilities	71.74	67.74	24.22	38.57	87.74
Long-Term Debt	-	-	84.31	18.3	-
Long-Term Leases	2.07	2.42	3.09	5.72	8.9
Long-Term Unearned Revenue	8.2	6.86	4.91	7.54	14.96
Long-Term Deferred Tax Liabilities	1.36	-	-	-	-
Other Long-Term Liabilities	141.02	294.28	6.42	4.42	1.34
Total Liabilities	224.39	371.3	122.95	74.55	112.94
Common Stock	0.04	0.04	0.03	0.02	0
Additional Paid-In Capital	1,421	1,125	606.14	466.86	43.49
Retained Earnings	-957.07	-943.06	-592.38	-503.44	-386.73
Comprehensive Income & Other	0.14	0.21	0.2	-	-
Total Common Equity	463.79	182.65	13.98	-36.57	-343.24
Shareholders' Equity	463.79	182.65	28.17	-36.57	-63.73
Total Liabilities & Equity	688.17	553.95	151.12	37.99	49.2
Total Debt	4.21	4.37	90.16	44.12	73.32
Net Cash (Debt)	244.28	193.87	5.1	-34.88	-51.69
Net Cash Growth	26.00%	3700.67%	-	-	-
Net Cash Per Share	0.60	0.57	0.02	-0.22	-0.77
Filing Date Shares Outstanding	422.61	398.96	309.11	219.91	12.28
Total Common Shares Outstanding	422.61	393.63	254.43	200.03	12.28
Working Capital	257.39	187.78	89.32	-20.87	-60.27
Book Value Per Share	1.10	0.46	0.05	-0.18	-27.95
Tangible Book Value	160.11	-93.99	13.98	-36.57	-343.24
Tangible Book Value Per Share	0.38	-0.24	0.05	-0.18	-27.95
Machinery	-	20.63	20.06	21.71	21.3
Leasehold Improvements	-	3.87	3.88	3.85	3.57

Source: S&P Global Market Intelligence. Standard template. Financial Sources.