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SONIC FOUNDRY INC (SOFO)

Balance Sheet

Standardized | As Reported Annual | Quarterly
  Older >>
In millions, except per share itemsSep-30-22Sep-30-21Sep-30-20Sep-30-19Sep-30-18Sep-30-17Sep-30-16Sep-30-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Current assets:          
    Cash and cash equivalents  3.310.07.64.31.21.21.82.0
    Accounts receivable, net of allowances of $332 & $53  4.95.26.36.57.47.99.812.7
    Inventories  1.50.41.20.61.01.01.92.4
    Investment in sales-type lease, current  0.30.30.3     
    Capitalized commissions, current  0.20.40.40.5    
    Prepaid expenses and other current assets  1.21.21.11.00.91.11.40.9
        Total current assets  11.117.416.813.010.812.315.617.9
   
Property and equipment:          
    Leasehold improvements  1.51.11.11.11.11.00.90.9
    Computer equipment  9.38.58.05.65.76.15.85.9
    Furniture and fixtures  1.41.51.41.2    
        Total property and equipment  12.111.210.58.07.97.97.57.6
Less accumulated depreciation and amortization  8.78.47.36.46.06.25.54.8
    Property and equipment, net  3.42.83.21.61.91.82.02.8
   
Other assets:          
    Software development costs, net of accumulated amortization and impairment  2.4       
    Investment in sales-type lease, long-term  0.20.50.1     
    Capitalized commissions, long-term  0.00.10.10.1    
    Right-of-use assets under operating leases  2.12.42.1     
    Deferred tax asset  0.30.0      
    Hardware receivable, long-term      0.21.31.2 
    Other long-term assets  0.30.80.40.40.40.40.70.6
        Total assets  19.924.022.615.213.628.433.134.8
   
Current liabilities:          
    Accounts payable  1.91.12.70.81.61.31.02.0
    Accrued liabilities  1.52.52.62.21.61.41.91.7
    Current portion of unearned revenue  8.69.410.7     
    Current portion of finance lease obligations  0.00.10.10.2    
    Current portion of operating lease obligations  1.10.91.4     
    Current portion of notes payable and warrant debt, net of discounts  0.6 1.11.00.60.71.51.3
   
    Current portion of notes payable due to related parties          
        Total current liabilities  13.714.018.613.816.617.119.318.6
Long-term portion of unearned revenue  1.11.61.51.81.7   
Long-term portion of finance lease obligations  0.00.00.10.2    
Long-term portion of operating lease obligations  1.01.60.7     
Long-term portion of notes payable and warrant debt, net of discounts  0.40.62.75.41.40.10.92.1
   
Long-term portion of notes payable due to related parties          
Other liabilities  0.10.00.10.10.20.40.30.3
    Total liabilities  16.317.923.721.420.025.226.627.0
   
Commitments and contingencies          
Stockholders’ equity (deficit):          
    Common stock  0.10.10.10.10.10.00.00.0
    Additional paid-in capital  218.1213.3209.0203.7200.1197.8197.1196.0
    Accumulated deficit  -213.5-206.4-209.5-209.3-207.4-195.3-190.2-186.9
    Accumulated other comprehensive loss  -1.0-0.6-0.5-0.5-0.7-0.6-0.2-1.1
    Treasury stock, at cost, 12,716 shares  -0.2-0.2-0.2-0.2-0.2-0.2-0.2-0.2
        Total stockholders’ equity (deficit)  3.66.1-1.0-6.3-6.53.16.57.8
    Total liabilities and stockholders’ equity (deficit)  19.924.022.615.213.628.433.134.8

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