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SOUN Current Contract Liabilities

Current Contract Liabilities

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As of Q4'25, SOUN's current contract liabilities stand at USD 24M, marking a decrease from the previous quarter's USD 28M. This latest figure reflects a continued downward adjustment following a peak earlier in 2025. From Q1'23 to Q4'25, the chart reveals significant volatility in current contract liabilities. After an initial decline from USD 11M in Q1'23 to a low of USD 6.7M in Q2'24, there was a sharp surge to USD 34M by Q1'25. However, this peak was followed by a steady decrease through the remainder of 2025, suggesting a period of contract fulfillment or reduced new contract activity after a phase of rapid growth.