$VERI
Veritone, Inc.

2017 Q1 Form 10-Q Financial Statement

#000119312517213168 Filed on June 26, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q1
Revenue $3.108M $2.076M
YoY Change 49.71% -22.54%
Cost Of Revenue $196.0K $320.0K
YoY Change -38.75% -30.43%
Gross Profit $2.912M $1.756M
YoY Change 65.83% -20.9%
Gross Profit Margin 93.69% 84.59%
Selling, General & Admin $6.279M $4.156M
YoY Change 51.08% 64.92%
% of Gross Profit 215.63% 236.67%
Research & Development $3.264M $1.530M
YoY Change 113.33% 80.0%
% of Gross Profit 112.09% 87.13%
Depreciation & Amortization $59.00K $31.00K
YoY Change 90.32%
% of Gross Profit 2.03% 1.77%
Operating Expenses $9.543M $5.686M
YoY Change 67.83% 68.22%
Operating Profit -$6.631M -$3.930M
YoY Change 68.73% 238.79%
Interest Expense $2.355M
YoY Change
% of Operating Profit
Other Income/Expense, Net $786.0K -$31.00K
YoY Change -2635.48%
Pretax Income -$5.845M -$3.961M
YoY Change 47.56% 244.43%
Income Tax $2.000K $2.000K
% Of Pretax Income
Net Earnings -$5.847M -$3.963M
YoY Change 47.54% 244.61%
Net Earnings / Revenue -188.13% -190.9%
Basic Earnings Per Share
Diluted Earnings Per Share -$392.1K -$285.3K
COMMON SHARES
Basic Shares Outstanding 2.578M shares 1.306M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.800M
YoY Change
Cash & Equivalents $8.782M $4.520M
Short-Term Investments
Other Short-Term Assets $3.200M
YoY Change
Inventory
Prepaid Expenses
Receivables $7.682M
Other Receivables $4.900M
Total Short-Term Assets $24.51M
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $57.00K
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.500M
YoY Change
Total Long-Term Assets $1.830M
YoY Change
TOTAL ASSETS
Total Short-Term Assets $24.51M
Total Long-Term Assets $1.830M
Total Assets $26.34M
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $17.09M
YoY Change
Accrued Expenses $9.074M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $15.30M
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $51.34M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change
Other Long-Term Liabilities $22.00K
YoY Change
Total Long-Term Liabilities $22.00K
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $51.34M
Total Long-Term Liabilities $22.00K
Total Liabilities $51.36M
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$52.16M
YoY Change
Common Stock $4.000K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$48.89M
YoY Change
Total Liabilities & Shareholders Equity $26.34M
YoY Change

Cashflow Statement

Concept 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income -$5.847M -$3.963M
YoY Change 47.54% 244.61%
Depreciation, Depletion And Amortization $59.00K $31.00K
YoY Change 90.32%
Cash From Operating Activities -$5.110M -$14.68M
YoY Change -65.19%
INVESTING ACTIVITIES
Capital Expenditures -$30.00K $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$30.00K $0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $56.00K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.850M 0.000
YoY Change
NET CHANGE
Cash From Operating Activities -5.110M -14.68M
Cash From Investing Activities -30.00K 0.000
Cash From Financing Activities 1.850M 0.000
Net Change In Cash -3.290M -14.68M
YoY Change -77.59%
FREE CASH FLOW
Cash From Operating Activities -$5.110M -$14.68M
Capital Expenditures -$30.00K $0.00
Free Cash Flow -$5.080M -$14.68M
YoY Change -65.4%

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