secwatch.observer — SEC 8-K summary
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Issuer:     SOUNDHOUND AI, INC. (SOUN)
CIK:        0001840856
Form:       8-K
Filed at:   2023-03-07T23:59:59+00:00
Accession:  0001840856-23-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SoundHound AI Q4 revenue $9.5M (+84% YoY), guides 2023 revenue $43-50M
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- Q4 revenue $9.5M, up 84% YoY; full-year 2022 revenue $31.1M, up 47% YoY.
- Q4 GAAP net loss ($0.15)/share vs ($0.32) prior year; full-year ($0.73) vs ($1.18).
- Cumulative bookings backlog $331.5M at Dec 2022, up 59% YoY.
- Guides 2023 revenue $43-50M (~50% growth); expects adjusted EBITDA positive in Q4 2023.
- Cash $9.2M at year-end; raised $25M net in Jan 2023 equity financing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840856/000184085623000014/0001840856-23-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840856/000184085623000014/soun-20230307.htm
  HTML page:      https://secwatch.observer/filing/0001840856-23-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer