SOUNDTHINKING INC
For the period ended Sep 30, 2024. Filed Nov 13, 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.
Sep 30, 2024 · Filed Nov 13, 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 Balance Sheets
(In thousands, except share and per share data)
| September 30, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| (unaudited) | ||
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $15,257 | $5,703 |
| Accounts receivable and contract assets, net | 25,857 | 30,700 |
| Prepaid expenses and other current assets | 5,256 | 3,902 |
| Total current assets | 46,370 | 40,305 |
| Property and equipment, net | 20,979 | 21,028 |
| Operating lease right-of-use assets | 2,088 | 2,315 |
| Goodwill | 34,213 | 34,213 |
| Intangible assets, net | 34,148 | 36,938 |
| Other assets | 3,934 | 3,909 |
| Total assets | $141,732 | $138,708 |
| Liabilities and Stockholders' Equity | ||
| Current liabilities | ||
| Accounts payable | $2,687 | $3,031 |
| Line of credit | 4,000 | 7,000 |
| Deferred revenue, short-term | 43,458 | 41,265 |
| Accrued expenses and other current liabilities | 9,455 | 8,521 |
| Total current liabilities | 59,600 | 59,817 |
| Deferred revenue, long-term | 6,070 | 812 |
| Deferred tax liability | 1,358 | 1,226 |
| Other liabilities | 1,378 | 2,096 |
| Total liabilities | 68,406 | 63,951 |
| Commitments and contingencies (Note 15) | ||
| Stockholders' equity | ||
| Common stock: $0.005 par value; 500,000,000 shares authorized; 12,558,536 and 12,761,448 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | 63 | 64 |
| Additional paid-in capital | 173,771 | 170,139 |
| Accumulated deficit | (100,219) | (95,118) |
| Accumulated other comprehensive loss | (289) | (328) |
| Total stockholders' equity | 73,326 | 74,757 |
| Total liabilities and stockholders' equity | $141,732 | $138,708 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.