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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Dec. 31, 2020
Current assets:      
Cash and cash equivalents $ 33,412 $ 21,626 $ 43,692
Restricted cash equivalents 460 230
Accounts receivable, net of allowances 2,789 2,060 3,575
Prepaid expenses and other current assets     1,452
Debt issuance cost 122 1,132
Total current assets 42,365 27,471 48,949
Prepaid expenses 3,774 1,276  
Contract assets 1,407 54  
Other current assets 861 863  
Restricted cash equivalents, non-current 230 736 1,060
Right-of-use assets 8,833 10,291
Property and equipment, net 4,146 6,155 10,435
Deferred tax asset 2,169 2,169 2,282
Debt issuance cost 204  
Deferred offering costs 1,264  
Contract assets, non-current 4,823  
Other assets 1,071 1,117 911
Total assets 63,841 49,203 63,637
Current liabilities:      
Accounts payable 2,894 3,760 3,336
Accrued liabilities 7,242 7,298 3,411
Capital lease obligation, current portion     2,331
Operating lease liabilities 3,281 3,281
Finance lease liabilities 179 1,301
Income tax liability 2,858 2,737 2,953
Deferred rent, current portion     414
Deferred revenue 5,312 6,042 12,078
Convertible note 29,868
Derivative liability 3,488
Notes payable 16,533 29,964
Total current liabilities 38,299 87,739 24,523
Capital lease obligation, net of current portion     1,252
Operating lease liabilities, net of current portion 6,236 8,611
Financing lease liabilities, net of current portion 168 292
Deferred rent, net of current portion     1,511
Deferred revenue, net of current portion 8,874 14,959 19,204
Notes payable, net of current portion 22,508  
Derivative and warrant liability     4,384
Convertible notes, net of current portion     13,058
Other liabilities 2,133 1,336 2,371
Total liabilities 78,218 112,937 66,303
Commitments and contingencies    
Legacy SoundHound redeemable convertible preferred stock, value 279,503 273,687
Stockholders’ deficit:      
Class A Common Stock, $0.0001 par value; 455,000,000 shares authorized; 157,296,065 and 0 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively 16  
Class B Common Stock, $0.0001 par value; 44,000,000 shares authorized; 40,396,600 and 0 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively 4  
Legacy SoundHound Common Stock, value 1 1
Additional paid-in capital 457,025 43,491 30,836
Accumulated other comprehensive loss     (1)
Accumulated deficit (471,422) (386,729) (307,189)
Total stockholders’ deficit (14,377) (343,237) (276,353)
Total liabilities, redeemable convertible preferred stock, and stockholders’ deficit $ 63,841 49,203 $ 63,637
Previously Reported      
Current assets:      
Cash and cash equivalents   21,626  
Restricted cash equivalents   460  
Accounts receivable, net of allowances   2,060  
Prepaid expenses and other current assets   2,193  
Debt issuance cost   1,132  
Total current assets   27,471  
Restricted cash equivalents, non-current   736  
Right-of-use assets   10,291  
Property and equipment, net   6,155  
Deferred tax asset   2,169  
Other assets   2,381  
Total assets   49,203  
Current liabilities:      
Accounts payable   3,760  
Accrued liabilities   7,298  
Capital lease obligation, current portion    
Operating lease liabilities   3,281  
Finance lease liabilities   1,301  
Income tax liability   2,737  
Deferred rent, current portion    
Deferred revenue   6,042  
Convertible note   29,868  
Derivative liability   3,488  
Notes payable   29,964  
Total current liabilities   87,739  
Capital lease obligation, net of current portion    
Operating lease liabilities, net of current portion   8,611  
Financing lease liabilities, net of current portion   292  
Deferred rent, net of current portion    
Deferred revenue, net of current portion   14,959  
Derivative and warrant liability    
Convertible notes, net of current portion    
Other liabilities   1,336  
Total liabilities   112,937  
Commitments and contingencies    
Legacy SoundHound redeemable convertible preferred stock, value   279,503  
Stockholders’ deficit:      
Legacy SoundHound Common Stock, value   1  
Additional paid-in capital   43,491  
Accumulated other comprehensive loss    
Accumulated deficit   (386,729)  
Total stockholders’ deficit   (343,237)  
Total liabilities, redeemable convertible preferred stock, and stockholders’ deficit   $ 49,203