SOUNDTHINKING, INC.

For the period ended Dec 31, 2024. Filed Mar 31, 2025.

About this filing

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

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Contents

Consolidated Statements of Operations

(In thousands, except share and per share data)

	Year Ended December 31,
	2024	2023	2022
Revenues	$102,031	$92,717	$81,003
Costs
Cost of revenues	43,542	39,874	34,218
Impairment of property and equipment	605	114	—
Total costs	44,147	39,988	34,218
Gross profit	57,884	52,729	46,785
Operating expenses
Sales and marketing	28,138	26,959	22,416
Research and development	13,925	12,138	10,026
General and administrative	23,894	20,557	15,750
Restructuring expense	336	—	—
Change in fair value of contingent consideration	(554)	(5,686)	(9,154)
Total operating expenses	65,739	53,968	39,038
Operating income (loss)	(7,855)	(1,239)	7,747
Other income (expense), net
Interest income (expense), net	(154)	(48)	45
Other expense, net	(393)	(227)	(240)
Total other expense, net	(547)	(275)	(195)
Income (loss) before income taxes	(8,402)	(1,514)	7,552
Provision for income taxes	778	1,204	1,167
Net income (loss)	$(9,180)	$(2,718)	$6,385
Net income (loss) per share, basic	$(0.72)	$(0.22)	$0.52
Net income (loss) per share, diluted	$(0.72)	$(0.22)	$0.52
Weighted-average shares used in computing net income (loss) per share, basic	12,710,236	12,425,132	12,171,609
Weighted-average shares used in computing net income (loss) per share, diluted	12,710,236	12,425,132	12,317,707

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.