XML 33 R4.htm IDEA: XBRL DOCUMENT v3.22.0.1
Statement of Operations - USD ($)
4 Months Ended 12 Months Ended
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Formation and operating costs $ 716 $ 1,015,260  
Loss from operations (716) (1,015,260)  
Trust interest income 10,583  
Unrealized gain on change in fair value of warrants 22,793  
Provision for income taxes  
Total other income 33,376  
Net loss $ (716) $ (981,884)  
Basic and diluted weighted average shares outstanding, common stock subject to redemption (in Shares) 10,589,315  
Basic and diluted net income per share attributable to common stock subject to redemption (in Dollars per share) $ 0.28  
Basic and diluted weighted average shares outstanding, common stock (in Shares) 3,959,088  
Basic and diluted (in Dollars per share) $ (0.99)  
SoundHound, Inc. [Member]      
Loss from operations   $ (65,327,000) (66,004,000)
Interest expense   (8,342,000) (2,269,000)
Other expense, net   (5,415,000) (5,396,000)
Total other expense, net   (13,757,000) (7,665,000)
Loss before provision for income taxes   (79,084,000) (73,669,000)
Provision for income taxes   456,000 738,000
Deemed dividend related to the exchange of redeemable convertible preferred stock series D-3A for redeemable convertible preferred stock series D-3   (3,182,000)
Net loss attributable to common stockholders   (79,540,000) (77,589,000)
Net loss   $ (79,540,000) $ (74,407,000)
Basic and diluted weighted average shares outstanding, common stock (in Shares)   12,104,523 11,780,078
Basic and diluted (in Dollars per share)   $ (6.57) $ (6.59)
Revenues   $ 21,197,000 $ 13,017,000
Operating expenses:      
Cost of revenues   6,585,000 5,863,000
Sales and marketing   4,240,000 4,739,000
Research and development   59,178,000 54,279,000
General and administrative   16,521,000 14,140,000
Total operating expenses   86,524,000 79,021,000
Other comprehensive gain:      
Unrealized holding gain on available-for-sale securities, net of tax   1,000 5,000
Comprehensive loss   $ (79,539,000) $ (74,402,000)