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SoundHound AI(SOUN) - 2025 Q1 - Quarterly Results

SOUNDHOUND AI, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands, except share and per share data) | | | March 31, | | December 31, | | --- | --- | --- | --- | --- | | | | 2025 | | 2024 | | | | (Unaudited) | | | | ASSETS Current assets: | | | | | | Cash and cash equivalents | 245,809| 245,809 | | 198,240 | | Accounts receivable, net of allowances of 1,538and1,538 and 726 as of March 31, 2025 and December 31, 2024, respectively | | 20,177 | | 23,159 | | Contract assets and unbilled receivable, net | | 21,419 | ...