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SOUNW| Name | Value |
|---|---|
| Revenues | 13.5M |
| Cost of Revenue | 5.0M |
| Gross Profit | 8.5M |
| Operating Expense | 30.5M |
| Operating I/L | -22.0M |
| Other Income/Expense | -14.7M |
| Interest Income | 2.8M |
| Pretax | -36.7M |
| Income Tax Expense | 0.6M |
| Net Income/Loss | -37.3M |
SoundHound AI, Inc. develops an independent voice artificial intelligence (AI) platform, Houndify, which empowers businesses to create high-quality conversational experiences for their customers. The Houndify platform offers a suite of tools including automatic speech recognition, natural language understanding, wake words, custom domains, text-to-speech, and embedded voice solutions, enabling brands to build conversational voice assistants. By providing these AI tools, SoundHound AI, Inc. generates revenue by licensing its technology to businesses across various industries, allowing them to integrate voice AI capabilities into their products and services.
