SoundHound AI, Inc. (SOUN)

SoundHound AI Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	268.94	198.24	95.26	9.25	21.63	43.69
Cash & Short-Term Investments	268.94	198.24	95.26	9.25	21.63	43.69
Cash Growth	98.32%	108.10%	930.39%	-57.25%	-50.50%	14.32%
Receivables	54.6	49.8	15.83	5.09	2.11	3.62
Prepaid Expenses	-	-	-	2.51	1.28	1.41
Restricted Cash	-	-	-	-	0.46	0.23
Other Current Assets	11.84	7.48	2.45	0.86	2	-
Total Current Assets	335.37	255.52	113.54	17.7	27.47	48.95
Property, Plant & Equipment	7.14	5.93	6.73	11.57	16.45	2.1
Goodwill	122.28	101.7	-	-	-	-
Other Intangible Assets	191.07	174.94	-	-	-	8.34
Long-Term Accounts Receivable	29.16	12.88	16.49	7.04	-	-
Long-Term Deferred Tax Assets	0	0	0.01	0.06	2.17	2.28
Other Long-Term Assets	17.2	2.97	14.35	1.62	3.12	1.97
Total Assets	702.22	553.95	151.12	37.99	49.2	63.64
Accounts Payable	6.86	5.56	1.65	2.8	3.76	3.34
Accrued Expenses	26.13	26.29	13.88	8.54	7.3	3.41
Short-Term Debt	-	-	-	16.67	45.49	-
Current Portion of Long-Term Debt	-	-	-	-	14.34	-
Current Portion of Leases	2.34	1.95	2.76	3.44	4.58	2.33
Current Income Taxes Payable	2.44	2.75	1.62	1.31	2.74	2.95
Current Unearned Revenue	20.7	23.88	4.31	5.81	6.04	12.08
Other Current Liabilities	6.66	7.32	-	-	3.49	0.41
Total Current Liabilities	65.13	67.74	24.22	38.57	87.74	24.52
Long-Term Debt	-	-	84.31	18.3	-	13.06
Long-Term Leases	2.48	2.42	3.09	5.72	8.9	1.25
Long-Term Unearned Revenue	7.75	6.86	4.91	7.54	14.96	19.2
Other Long-Term Liabilities	227.62	294.28	6.42	4.42	1.34	6.26
Total Liabilities	302.98	371.3	122.95	74.55	112.94	64.3
Common Stock	0.04	0.04	0.03	0.02	0	0
Additional Paid-In Capital	1,396	1,125	606.14	466.86	43.49	30.84
Retained Earnings	-997.12	-943.06	-592.38	-503.44	-386.73	-307.19
Comprehensive Income & Other	0.23	0.21	0.2	-	-	-0
Total Common Equity	399.24	182.65	13.98	-36.57	-343.24	-276.35
Shareholders' Equity	399.24	182.65	28.17	-36.57	-63.73	-0.66
Total Liabilities & Equity	702.22	553.95	151.12	37.99	49.2	63.64
Total Debt	4.82	4.37	90.16	44.12	73.32	16.64
Net Cash (Debt)	264.12	193.87	5.1	-34.88	-51.69	27.05
Net Cash Growth	187.82%	3700.67%	-	-	-	-15.18%
Net Cash Per Share	0.67	0.57	0.02	-0.22	-0.77	2.30
Filing Date Shares Outstanding	420.1	398.96	309.11	219.91	12.28	11.82
Total Common Shares Outstanding	418.84	393.63	254.43	200.03	12.28	11.82
Working Capital	270.23	187.78	89.32	-20.87	-60.27	24.43
Book Value Per Share	0.95	0.46	0.05	-0.18	-27.95	-23.38
Tangible Book Value	85.89	-93.99	13.98	-36.57	-343.24	-284.69
Tangible Book Value Per Share	0.21	-0.24	0.05	-0.18	-27.95	-24.09
Machinery	-	20.63	20.06	21.71	21.3	20.59
Construction In Progress	-	-	-	-	-	0.01
Leasehold Improvements	-	3.87	3.88	3.85	3.57	3.56

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q