SoundHound AI, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | $-14.0M | $-350.7M | $-88.9M | $-116.7M | $-79.5M |
| Depreciation & Amortization | $1.0M | $1.2M | $2.3M | $4.0M | $5.5M |
| Depreciation | — | — | — | — | — |
| Amortization | $15.9M | $7.1M | $0 | $0 | — |
| Stock-Based Compensation | $80.6M | $33.1M | $27.9M | $28.8M | $6.3M |
| Net Cash from Operating Activities | $-98.2M | $-108.9M | $-68.3M | $-94.0M | $-66.2M |
| Investing Activities | |||||
| Capital Expenditures | $902.0K | $640.0K | $392.0K | $1.3M | $636.0K |
| Business Acquisitions | $54.6M | $11.7M | $0 | $0 | — |
| Net Cash from Investing Activities | $-59.5M | $-12.4M | $-392.0K | $-1.3M | $-636.0K |
| Financing Activities | |||||
| Dividends Paid | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — |
| Net Cash from Financing Activities | $208.1M | $210.9M | $168.2M | $82.0M | $44.7M |
| Net Change in Cash | $50.3M | $89.9M | $99.6M | $-13.3M | $-22.2M |
| Free Cash Flow | $-99.1M | $-109.5M | $-68.7M | $-95.3M | $-66.8M |