Veritone Inc
NASDAQ:VERI
Income Statement
Earnings Waterfall
Veritone Inc
Revenue
|
127.6m
USD
|
Cost of Revenue
|
-28.3m
USD
|
Gross Profit
|
99.3m
USD
|
Operating Expenses
|
-191.6m
USD
|
Operating Income
|
-92.3m
USD
|
Other Expenses
|
33.7m
USD
|
Net Income
|
-58.6m
USD
|
Income Statement
Veritone Inc
Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||
Revenue |
14
N/A
|
13
-4%
|
12
-9%
|
9
-25%
|
9
-1%
|
10
+12%
|
12
+21%
|
13
+12%
|
14
+7%
|
16
+9%
|
16
+1%
|
20
+24%
|
27
+38%
|
35
+29%
|
43
+23%
|
48
+12%
|
50
+3%
|
49
0%
|
50
+2%
|
53
+6%
|
58
+8%
|
64
+11%
|
70
+9%
|
77
+10%
|
115
+50%
|
131
+14%
|
146
+11%
|
161
+10%
|
150
-7%
|
146
-3%
|
139
-4%
|
137
-1%
|
128
-7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(7)
|
(10)
|
(14)
|
(17)
|
(17)
|
(17)
|
(17)
|
(17)
|
(16)
|
(18)
|
(19)
|
(20)
|
(22)
|
(24)
|
(26)
|
(27)
|
(27)
|
(27)
|
(28)
|
(28)
|
(28)
|
|
Gross Profit |
12
N/A
|
12
-4%
|
11
-8%
|
8
-29%
|
7
-3%
|
8
+16%
|
11
+24%
|
12
+15%
|
13
+10%
|
14
+7%
|
14
-3%
|
16
+18%
|
21
+26%
|
25
+21%
|
29
+17%
|
31
+7%
|
32
+3%
|
32
-1%
|
33
+4%
|
37
+9%
|
42
+15%
|
46
+10%
|
51
+11%
|
57
+11%
|
93
+63%
|
107
+15%
|
121
+13%
|
134
+11%
|
122
-9%
|
118
-3%
|
111
-6%
|
109
-2%
|
99
-9%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||
Operating Expenses |
(18)
|
(21)
|
(25)
|
(28)
|
(31)
|
(35)
|
(38)
|
(53)
|
(60)
|
(78)
|
(74)
|
(73)
|
(83)
|
(90)
|
(97)
|
(99)
|
(96)
|
(93)
|
(89)
|
(87)
|
(90)
|
(112)
|
(118)
|
(124)
|
(155)
|
(159)
|
(163)
|
(169)
|
(160)
|
(140)
|
(176)
|
(194)
|
(192)
|
|
Selling, General & Administrative |
(14)
|
(15)
|
(19)
|
(20)
|
(23)
|
(25)
|
(27)
|
(41)
|
(46)
|
(52)
|
(56)
|
(54)
|
(60)
|
(66)
|
(70)
|
(71)
|
(71)
|
(70)
|
(68)
|
(68)
|
(70)
|
(91)
|
(96)
|
(100)
|
(121)
|
(116)
|
(110)
|
(105)
|
(96)
|
(92)
|
(109)
|
(127)
|
(126)
|
|
Research & Development |
(5)
|
(5)
|
(6)
|
(7)
|
(8)
|
(10)
|
(11)
|
(12)
|
(14)
|
(15)
|
(17)
|
(19)
|
(21)
|
(24)
|
(25)
|
(25)
|
(23)
|
(20)
|
(17)
|
(15)
|
(14)
|
(16)
|
(17)
|
(19)
|
(25)
|
(30)
|
(36)
|
(43)
|
(44)
|
(45)
|
(45)
|
(43)
|
(42)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
(2)
|
(0)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(9)
|
(13)
|
(17)
|
(21)
|
(21)
|
(22)
|
(22)
|
(23)
|
(24)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
19
|
0
|
0
|
0
|
|
Operating Income |
(6)
N/A
|
(9)
-44%
|
(14)
-56%
|
(20)
-42%
|
(24)
-18%
|
(26)
-11%
|
(28)
-5%
|
(41)
-49%
|
(47)
-13%
|
(64)
-36%
|
(60)
+6%
|
(57)
+5%
|
(62)
-9%
|
(65)
-5%
|
(68)
-4%
|
(67)
+0%
|
(64)
+5%
|
(60)
+6%
|
(55)
+9%
|
(50)
+9%
|
(48)
+5%
|
(65)
-37%
|
(66)
-2%
|
(67)
0%
|
(61)
+8%
|
(52)
+16%
|
(43)
+17%
|
(35)
+18%
|
(38)
-8%
|
(22)
+43%
|
(65)
-201%
|
(85)
-30%
|
(92)
-9%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
0
|
(4)
|
(3)
|
(1)
|
(1)
|
3
|
3
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
(4)
|
(4)
|
(3)
|
(2)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
(10)
|
(10)
|
(10)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
19
|
0
|
22
|
22
|
33
|
|
Total Other Income |
0
|
0
|
0
|
(1)
|
1
|
1
|
(5)
|
(3)
|
(6)
|
(6)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
1
|
2
|
3
|
1
|
1
|
|
Pre-Tax Income |
(6)
N/A
|
(9)
-46%
|
(14)
-56%
|
(22)
-52%
|
(27)
-25%
|
(29)
-7%
|
(44)
-52%
|
(56)
-27%
|
(60)
-7%
|
(67)
-12%
|
(60)
+11%
|
(56)
+6%
|
(61)
-9%
|
(64)
-5%
|
(67)
-4%
|
(67)
0%
|
(64)
+5%
|
(60)
+6%
|
(55)
+8%
|
(50)
+9%
|
(48)
+4%
|
(66)
-37%
|
(67)
-1%
|
(67)
0%
|
(62)
+7%
|
(53)
+14%
|
(46)
+15%
|
(39)
+14%
|
(23)
+41%
|
(24)
-6%
|
(44)
-81%
|
(65)
-47%
|
(62)
+5%
|
|
Net Income | ||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
2
|
2
|
1
|
1
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(3)
|
(3)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
3
|
|
Income from Continuing Operations |
(6)
|
(9)
|
(14)
|
(22)
|
(27)
|
(29)
|
(44)
|
(56)
|
(60)
|
(67)
|
(60)
|
(56)
|
(61)
|
(64)
|
(67)
|
(65)
|
(62)
|
(58)
|
(54)
|
(50)
|
(48)
|
(66)
|
(67)
|
(67)
|
(65)
|
(56)
|
(47)
|
(40)
|
(26)
|
(26)
|
(46)
|
(66)
|
(59)
|
|
Net Income (Common) |
(10)
N/A
|
(12)
-30%
|
(17)
-41%
|
(25)
-42%
|
(30)
-22%
|
(32)
-7%
|
(50)
-55%
|
(61)
-22%
|
(64)
-5%
|
(70)
-10%
|
(60)
+15%
|
(56)
+6%
|
(61)
-9%
|
(64)
-5%
|
(67)
-4%
|
(65)
+3%
|
(62)
+4%
|
(58)
+6%
|
(54)
+8%
|
(50)
+6%
|
(48)
+5%
|
(66)
-37%
|
(67)
-1%
|
(67)
-1%
|
(65)
+4%
|
(56)
+13%
|
(47)
+17%
|
(40)
+14%
|
(26)
+36%
|
(26)
-3%
|
(46)
-76%
|
(66)
-42%
|
(59)
+11%
|
|
EPS (Diluted) |
-0.69
N/A
|
-0.89
-29%
|
-1.07
-20%
|
-2.12
-98%
|
-2.17
-2%
|
-2.16
+0%
|
-5.89
-173%
|
-4.09
+31%
|
-6.22
-52%
|
-4.36
+30%
|
-3.65
+16%
|
-3.01
+18%
|
-3.48
-16%
|
-3.29
+5%
|
-3.21
+2%
|
-2.9
+10%
|
-2.85
+2%
|
-2.18
+24%
|
-1.97
+10%
|
-1.82
+8%
|
-1.73
+5%
|
-2.04
-18%
|
-2.03
+0%
|
-2.01
+1%
|
-1.94
+3%
|
-1.58
+19%
|
-1.29
+18%
|
-1.12
+13%
|
-0.71
+37%
|
-0.72
-1%
|
-1.26
-75%
|
-1.79
-42%
|
-1.59
+11%
|