SOUNDTHINKING INC
For the period ended Mar 31, 2024. Filed May 15, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 15, 2024
SSTI$8.32-0.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(In thousands, except share and per share data)
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenues | $25,410 | $20,620 |
| Costs | ||
| Cost of revenues | 10,271 | 9,243 |
| Impairment of property and equipment | 252 | 72 |
| Total costs | 10,523 | 9,315 |
| Gross profit | 14,887 | 11,305 |
| Operating expenses | ||
| Sales and marketing | 7,112 | 5,848 |
| Research and development | 3,560 | 2,653 |
| General and administrative | 6,830 | 4,616 |
| Change in fair value of contingent consideration | — | (6) |
| Total operating expenses | 17,502 | 13,111 |
| Operating loss | (2,615) | (1,806) |
| Other income (expense), net | ||
| Interest income (expense), net | (122) | 54 |
| Other expense, net | (58) | (38) |
| Total other income (expense), net | (180) | 16 |
| Loss before income taxes | (2,795) | (1,790) |
| Provision for income taxes | 114 | — |
| Net loss | $(2,909) | $(1,790) |
| Net loss per share, basic and diluted | $(0.23) | $(0.15) |
| Weighted-average shares used in computing net loss per share, basic and diluted | 12,770,988 | 12,252,517 |
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