SOUNDTHINKING, INC.
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 31, 2025
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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Consolidated Balance Sheets
(In thousands, except share and per share data)
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $13,183 | $5,703 |
| Accounts receivable and contract assets, net | 25,464 | 30,700 |
| Prepaid expenses and other current assets | 4,881 | 3,902 |
| Total current assets | 43,528 | 40,305 |
| Property and equipment, net | 20,131 | 21,028 |
| Operating lease right-of-use assets | 1,878 | 2,315 |
| Goodwill | 34,213 | 34,213 |
| Intangible assets, net | 33,182 | 36,938 |
| Other assets | 3,861 | 3,909 |
| Total assets | $136,793 | $138,708 |
| Liabilities and Stockholders' Equity | ||
| Current liabilities | ||
| Accounts payable | $3,442 | $3,031 |
| Line of credit | 4,000 | 7,000 |
| Deferred revenue, short-term | 38,401 | 41,265 |
| Accrued expenses and other current liabilities | 10,216 | 8,521 |
| Total current liabilities | 56,059 | 59,817 |
| Deferred revenue, long-term | 5,832 | 812 |
| Deferred tax liability | 1,361 | 1,226 |
| Other liabilities | 1,142 | 2,096 |
| Total liabilities | 64,394 | 63,951 |
| Commitments and contingencies (Note 18) | ||
| Stockholders' equity | ||
| Preferred stock: $0.005 par value; 20,000,000 shares authorized; no shares issued and outstanding as of December 31, 2024 and 2023, respectively | — | — |
| Common stock: $0.005 par value; 500,000,000 shares authorized; 12,634,485 and 12,761,448 shares issued and outstanding as of December 31, 2024 and 2023, respectively | 64 | 64 |
| Additional paid-in capital | 177,021 | 170,139 |
| Accumulated deficit | (104,298) | (95,118) |
| Accumulated other comprehensive loss | (388) | (328) |
| Total stockholders' equity | 72,399 | 74,757 |
| Total liabilities and stockholders' equity | $136,793 | $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.