Risk Factors Update Summary
- SoundHound's restructuring plan aims to reduce losses and accelerate profitability, but success is uncertain.
- SoundHound may require additional capital despite implementing a restructuring plan to reduce capital needs.
- SoundHound's stock price and trading volume may continue to fluctuate significantly in the future.
- SoundHound had $395 million of U.S. federal and $109 million of state net operating loss carryforwards available.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1840856&owner=exclude
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