Veritone, Inc.

Listed Company

VERICIK 0001615165NasdaqNon-AcceleratedSmaller ReportingServices-Computer Processing & Data PreparationDelawareFY ends Dec 31

Period

FY 2025

Revenue

$92.19M

Net Income

$-111.73M

Total Assets

—

Equity

—

Shares Out

92.96M

Op. Cash Flow

$-53.20M

Business

Veritone, Inc. provides AI computing solutions centered on an AI operating system that augments human workflows and extracts insights from unstructured data. It offers the aiWARE platform with industry applications, Automate Studio and APIs, an intelligent data lake and generative AI features, plus cloud-native content management, content licensing and professional AI services. Operations are organized into Software Products & Services and Managed Services serving Commercial Enterprise and Public Sector customers. Veritone sells via direct sales and channel partners and maintains operations in the United States, the United Kingdom, France, Australia, Israel and India.

Summary from filing dated 2025-04-01

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenue	92	93	—	—	—
Cost of revenue (exclusive of depreciation and amortization shown separately below)	30	27	28	—	—
Sales and marketing	43	40	45	51	29
Research and development	21	27	41	44	25
General and administrative	53	58	61	44	92
Depreciation and amortization	27	29	25	—	—
Total operating expenses	173	181	200	188	177
Operating loss	−81	−88	−100	−38	−61
Interest expense, net	10	12	—	—	—
Gain on troubled debt restructuring	−1	0	—	—	—
Loss on debt extinguishment	14	0	30	19	—
Other expense (income), net	7	−84,000	—	—	—
Loss from continuing operations before income taxes	−112	−100	−69	−23	−62
Benefit from income taxes	−228,000	−4	−3	2	3
Net loss from continuing operations	−112	−96	−66	—	—
Net income from discontinued operations, net of income taxes (inclusive of gain on sale of $66,553 for the year ended December 31, 2024)	0	59	7	—	—
Net loss	−112	−37	−59	−26	−65
Loss per share from continuing operations, basic (usd per share)	−1.76	−2.53	−1.78	—	—
Loss per share from continuing operations, diluted (usd per share)	−1.76	−2.53	−1.78	—	—
Earnings per share from discontinued operations, basic (usd per share)	0	1.55	0.19	—	—
Earnings per share from discontinued operations, diluted (usd per share)	0	1.55	0.19	—	—
Loss per share, basic (usd per share)	−1.76	−0.98	−1.59	−0.71	−1.94
Loss per share, diluted(usd per share)	−1.76	−0.98	−1.59	−0.71	−1.94
Weighted-average common shares outstanding used in computing loss per share, basic (in shares)	63	38	37	36	—
Weighted-average common shares outstanding used in computing loss per share, diluted(in shares)	63	38	37	36	—
Foreign currency translation gain, net of income taxes	867,000	224,000	—	—	—
Total comprehensive loss	−111	−37	−59	−26	−65

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2025 2025-06-30	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31
Cash and cash equivalents	27	—	17	47	184
Accounts receivable, net	37	—	32	—	—
Prepaid expenses and other current assets	10	—	10	8	15
Total current assets	74	57	59	186	278
Property, equipment, and improvements, net	10	—	10	8	5
Intangible assets, net	39	48	60	—	—
Goodwill	54	54	53	54	46
Restricted cash	289,000	—	407,000	867,000	859,000
Other assets	6	—	16	9	14
Total assets	182	188	198	379	425
Accounts payable	16	—	11	17	37
Deferred revenue	12	—	12	15	16
Term Loan, current portion	0	—	8	6	—
Convertible notes, current portion	45	—	0	—	—
Accrued purchase compensation, current portion	2	—	1	1	8
Accrued expenses and other current liabilities	28	—	29	27	27
Total current liabilities	104	64	61	192	193
Convertible Notes	0	—	90	90	138
Term Loan, non-current portion	0	—	21	45	—
Accrued purchase compensation, non-current portion	0	—	900,000	633,000	—
Other non-current liabilities	10	—	11	14	14
Total liabilities	114	185	185	341	345
Commitments and contingencies (Note 10)	—	—	—	—	—
Common stock, $0.001 par value; 150,000 and 75,000 shares authorized as of December 31, 2025 and December 31, 2024, respectively; 92,627 and 40,218 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively	93,000	—	41,000	38,000	36,000
Additional paid-in capital	646	—	480	468	451
Accumulated other comprehensive income	1	1	214,000	−10,000	−76,000
Accumulated deficit	−579	−514	−467	−430	−371
Total stockholders equity	68	3	13	38	80
Total liabilities and stockholders equity	182	188	198	379	425

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Net loss	−112	−37	−59	−26	−65
Net loss from continuing operations	−112	−96	−66	—	—
Stock-based compensation	7	8	—	—	—
Non-cash interest expense	4	4	—	—	—
Deferred income taxes	−1	−5	−5	−2	−45,000
Provision for credit losses	915,000	1	272,000	549,000	172,000
Reduction in carrying amount of operating lease right-of-use assets	886,000	829,000	2	1	—
Gain on troubled debt restructuring	−4	0	—	—	—
Non-cash barter revenue	−2	0	—	—	—
Change in fair value of earnout receivable	8	−1	0	—	—
Accounts receivable	−6	948,000	12	30	−47
Prepaid expenses and other current assets	2	1	2	−3	3
Other assets	2	180,000	−1	−10	−241,000
Accounts payable	5	−5	793,000	−10	18
Deferred revenue	234,000	−757,000	184,000	—	—
Accrued expenses and other current liabilities	−2	2	−1	−2	8
Other non-current liabilities	−60,000	3	−2	−5	−1
Net cash used in operating activities from continuing operations	−53	−59	−52	—	—
Net cash provided by operating activities from discontinued operations	0	35	−25	—	—
Net cash used in operating activities	−53	−25	−76	4	7
Capital expenditures	−5	−6	−5	−5	−1
Proceeds from sale of Veritone One, net of cash divested	0	3	0	—	—
Sale of non-marketable equity investment	0	2	—	—	—
Net cash used in investing activities from continuing operations	−5	−1	−54	—	—
Net cash used in investing activities from discontinued operations	0	−160,000	−393,000	—	—
Net cash used in investing activities	−5	−2	−55	−12	−54
Repayment of principal on senior secured term loan	−41	−36	—	—	—
Repayment of principal on convertible debt	−39	0	—	—	—
Proceeds from issuance of stock and pre-funded warrants under registered direct offerings and at-the-market offering, net of offering costs	155	5	—	—	—
Debt issuance and extinguishment costs	−5	0	−3	—	−6
Proceeds from issuance of stock under employee stock plans, net	545,000	555,000	1	1	8
Taxes paid related to net share settlement of equity awards	−622,000	−943,000	−1	−10	—
Settlement of deferred consideration for acquisitions	0	−2	−3	—	—
Net cash provided by (used in) financing activities from continuing operations	69	−34	26	—	—
Net cash used in financing activities from discontinued operations	0	−3	—	—	—
Net cash provided by (used in) financing activities	69	−37	26	−62	187
Effect of exchange rates on cash, cash equivalents, and restricted cash	−844,000	405,000	—	—	—
Net change in cash, cash equivalents, and restricted cash	10	−63	−105	−70	140
Income taxes paid	2	563,000	3	2	129,000
Interest paid	6	11	3	4	—
Stock-based compensation capitalized as part of internal-use software	192,000	375,000	—	—	—
Lease liabilities arising from right-of-use assets	2	0	1	5	—
Shares issued for debt issuance costs	873,000	0	—	—	—
Common stock issued in connection with repurchase of convertible senior notes	3	0	—	—	—
Fair value of earnout receivable - sale of Veritone One	0	6	—	—	—
Fair value of indemnification receivable - sale of Veritone One	0	5	—	—	—
Capital expenditures included in accounts payable	108,000	0	—	—	—

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro