SoundHound AI Inc-A 2026年季度报告

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and(2) has been subject to such filing requirements for the past 90 days. YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files). YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Accelerated filerSmaller reporting companyEmerging growth company Large accelerated filerNon-accelerated filer If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act): YesNo As of May7, 2026, there were 400,234,227 shares of the Company’s Class A Common Stock, $0.0001 par value per share, issuedand outstanding, and 32,535,408 shares of the Company’s Class B Common Stock, $0.0001 par value per share, issued and outstanding. SOUNDHOUND AI, INC. QUARTERLY REPORT ON FORM 10-Q TABLE OF CONTENTSPART I. FINANCIAL INFORMATION1Item 1.Condensed Consolidated Financial Statements1Condensed Consolidated Balance Sheets as ofMarch 31, 2026(unaudited) and December 31, 20251Condensed Consolidated Statements of Operations and ComprehensiveIncome (Loss) for thethreemonths endedMarch 31, 2026 and 2025(unaudited)2Condensed Consolidated Statements of Stockholders’ Equity for the three months ended March 31, 2026 and 2025(unaudited)3Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2026 and 2025(unaudited)4Notes to Condensed Consolidated Financial Statements6Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations34Item 3.Quantitative and Qualitative Disclosures About Market Risk48Item 4.Controls and Procedures48PART II. OTHER INFORMATION51Item 1.Legal Proceedings51Item 1A.Risk Factors51Item 2.Unregistered Sales of Equity Securities and Use of Proceeds51Item 3.Defaults Upon Senior Securities51Item 4.Mine Safety Disclosures51Item 5.Other Information51Item 6.Exhibits52SIGNATURES53 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q (this “report”) of SoundHound AI, Inc. (“we,” “us,” “our,” “SoundHound,” or the “Company”)contains “forward-looking statements” (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of theSecurities Exchange Act of 1934, as amended) that reflect our current expectations and views of future events. The forward-lookingstatements are contained principally in the section of this report entitled “Management’s Discussion and Analysis of Financial Conditionand Results of Operations.” You can identify some of these forward-looking statements by words or phrases such as “may,” “will,”“expect,”“anticipate,”“aim,”“estimate,”“intend,”“plan,”“believe,”“is/are likely to,”“potential,”“continue”or other similarexpressions. These forward-looking statements include, but are not limited to, statements concerning our expected financial performance,our ability to implement our business strategy and anticipated business and operations, including our ability to integrate the business andoperations of our recent acquisitions and improve our Generative AI Foundation Model, expand our customer partnerships and roll out ourAI drive thru service, roll out our Dynamic Interaction, Chat AI for Automotive, and expand the number of platforms on which our voiceAI technology will be available, the potential utility of and market for our products and services, including our newly acquired productsand services, and our ability to achieve revenue from our bookings backlog. We have based these forward-looking statements largely onour current expectations and projections about future events that we believe may affect our financial condition, results of operations,business strategy and financial needs. Although we believe that our expectations expressed in these forward-looking statements arereasonable, our expectations may l