$SOUN Balance Sheet | Understand Stock

$SOUN

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated balance sheets

In millions of USD; shares in millions, except per-share amounts

	Q2 FY2026 As of Jun 30, 2026	Q1 FY2026 As of Mar 31, 2026	Q4 FY2025 As of Dec 31, 2025	Q3 FY2025 As of Sep 30, 2025	Q2 FY2025 As of Jun 30, 2025	Q1 FY2025 As of Mar 31, 2025	Q4 FY2024 As of Dec 31, 2024	Q3 FY2024 As of Sep 30, 2024	Q2 FY2024 As of Jun 30, 2024	Q1 FY2024 As of Mar 31, 2024	Q4 FY2023 As of Dec 31, 2023	Q3 FY2023 As of Sep 30, 2023	Q2 FY2023 As of Jun 30, 2023	Q1 FY2023 As of Mar 31, 2023	Q4 FY2022 As of Dec 31, 2022	Q3 FY2022 As of Sep 30, 2022	Q2 FY2022 As of Jun 30, 2022	Q1 FY2022 As of Mar 31, 2022	Q4 FY2021 As of Dec 31, 2021	Q3 FY2021 As of Sep 30, 2021
ASSETS
Current assets:
Cash and cash equivalents
Restricted cash equivalents
Accounts receivable, net of allowances of $3,378 and $2,254 as of June 30, 2026 and December 31, 2025, respectively
Prepaid expenses
Debt issuance cost
Contract assets and unbilled revenue, net
Contract assets and unbilled receivable, net
Other current assets
Total current assets

Marketable securities held in Trust Account
Restricted cash equivalents, non-current
Right-of-use assets
Property and equipment, net
Goodwill
Intangible assets, net
Deferred tax asset
Debt issuance cost
Deferred offering costs
Other assets
Contract assets and unbilled receivable, non-current, net
Other non-current assets
Total assets

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Due to related party
Accounts payable
Accrued liabilities
Operating lease liabilities
Finance lease liabilities
Income tax liability
Deferred revenue
Convertible note
Derivative liability
Current portion of long-term debt
Notes payable
Contingent acquisition liabilities (Note 14)
Other current liabilities
Total current liabilities

Warrant liability
Operating lease liabilities, net of current portion
Finance lease liabilities, net of current portion
Deferred revenue, net of current portion
Long-term debt
Contingent acquisition liabilities, net of current portion (Note 14)
Deferred tax liabilities
Income tax liability, net of current portion
Other non-current liabilities
Total liabilities
Common stock subject to possible redemption, 13,300,000 shares at redemption value as of March 31, 2022 and December 31, 2021
Legacy SoundHound redeemable convertible preferred stock; $0.0001 par value; 0 and 146,218,514 shares authorized; 0 and 106,949,326 shares issued and outstanding, liquidation preference of $0 and $284,826 as of December 31, 2022 and 2021, respectively
Stockholders’ equity:
Series A Preferred Stock, $0.0001 par value; 1,000,000 shares authorized; 0 and 0 shares issued and outstanding, aggregate liquidation preference of $0 and $0 as of June 30, 2026 and December 31, 2025, respectively
Common stock
Legacy Common Stock
Class A Common Stock
Class B Common Stock
Total common stock

Class A Common Stock, $0.0001 par value; 455,000,000 shares authorized; 156,266,549 and 0 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively
Class B Common Stock, $0.0001 par value; 44,000,000 shares authorized; 40,396,600 and 0 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively
Additional paid-in capital
Accumulated deficit
Accumulated other comprehensive income
Total stockholders’ equity

Total liabilities and stockholders’ equity

Common stock, par value (in Dollars per share)
Legacy Common Stock
Class A Common Stock
Class B Common Stock
Total common stock, par value (in Dollars per share)

Common stock, shares authorized (in shares)
Legacy Common Stock
Class A Common Stock
Class B Common Stock
Total common stock, shares authorized (in shares)

Common stock, shares issued (in shares)
Legacy Common Stock
Class A Common Stock
Class B Common Stock
Total common stock, shares issued (in shares)

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