other material
confidence high
sentiment neutral
materiality 0.30
Veritone files historical financials for acquired Broadbean; 2022 rev $32.6M, net income $0.5M
Veritone, Inc.
- Broadbean 2022 revenue $32.6M, net income $493K, loss from operations $1.0M.
- Total assets $31.8M, cash $4.1M, goodwill $6.9M as of Dec 31, 2022.
- Also filed unaudited Q1 2023 financials and pro forma combined statements (Exhibits 99.2, 99.3).
- Acquisition of Broadbean closed June 13, 2023; this amendment provides required financial statements.