The company's financial position is increasingly vulnerable, with accumulated deficits reaching $598.5 million and a current ratio that has deteriorated to 0.52 as of 2026Q1.
Veritone, Inc. (VERI) balance sheet — 12-year assets, liabilities & shareholders' equity history
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 |
|---|
| Total Current Assets | 47.48M | 73.91M | 59.41M | 185.81M | 278M | 379.08M | 156.57M | 81.11M | 86.57M | 83.81M | 21.37M | 27.27M | 28.54M |
| Cash & Short-Term Investments | 12.42M | 27.43M | 16.91M | 46.61M | 184.42M | 254.72M | 114.82M | 44.06M | 51.1M | 69.14M | 12.08M | 19.2M | 18.75M |
| Cash Only | 12.42M | 27.43M | 16.91M | 46.61M | 184.42M | 254.72M | 114.82M | 44.06M | 37.54M | 29.55M | 12.08M | 19.2M | 18.75M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13.56M | 39.6M | 0 | 0 | 0 |
| Accounts Receivable | 28.04M | 38.45M | 32.85M | 35.56M | 79.97M | 112.24M | 35.03M | 31.64M | 31.84M | 11.85M | 8.22M | 7.31M | 8.52M |
| Days Sales Outstanding | 131.97 | 152.21 | 129.44 | 129.81 | 194.95 | 355.31 | 221.57 | 232.59 | 429.64 | 300.19 | 336.61 | 191.59 | 398.46 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 2.66M | 4.41M | 98.13M | 8.15M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 101.01M | 108.37M | 138.65M | 193.04M | 146.75M | 139.26M | 21.09M | 27.41M | 32.97M | 4.75M | 981K | 992K | 1.56M |
| Property, Plant & Equipment | 9.11M | 9.58M | 10.89M | 9.75M | 5.29M | 1.56M | 2.35M | 3.21M | 4.01M | 680K | 68K | 52K | 55.2K |
| Fixed Asset Turnover | 9.55x | 9.62x | 8.51x | 10.26x | 28.30x | 74.10x | 24.51x | 15.45x | 6.75x | 21.20x | 131.04x | 267.85x | 141.41x |
| Goodwill | 54.01M | 54.26M | 53.11M | 53.53M | 46.5M | 42.03M | 6.9M | 6.9M | 6.4M | 139K | 0 | 0 | 0 |
| Intangible Assets | 29.69M | 38.64M | 59.5M | 83.42M | 79.66M | 93.87M | 10.74M | 16.13M | 21.33M | 3.15M | 321K | 940K | 1.5M |
| Long-Term Investments | 3.55M | 3.26M | 2.99M | 4.79M | 0 | 0 | 855K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 8.2M | 2.63M | 10.39M | 39.85M | 15.29M | 1.81M | 1.08M | 1.17M | 1.24M | 1.05M | 592K | 0 | 0 |
| Total Assets | 148.49M | 182.28M | 198.06M | 378.86M | 424.75M | 518.35M | 177.65M | 108.53M | 119.54M | 88.56M | 22.35M | 28.27M | 30.09M |
| Asset Turnover | 0.53x | 0.51x | 0.47x | 0.26x | 0.35x | 0.22x | 0.32x | 0.46x | 0.23x | 0.16x | 0.40x | 0.49x | 0.26x |
| Asset Growth % | -91.23% | -7.97% | -47.72% | -10.8% | -18.06% | 191.77% | 63.7% | -9.22% | 34.99% | 296.27% | -20.94% | -6.07% | - |
| Total Current Liabilities | 100.54M | 103.78M | 60.96M | 191.87M | 193.32M | 191.34M | 88.25M | 59.74M | 56.15M | 27.26M | 44.5M | 27.67M | 21.46M |
| Accounts Payable | 15.05M | 28.76M | 25.91M | 30.08M | 51.46M | 46.71M | 15.63M | 17.01M | 28.71M | 13.34M | 12.32M | 21.19M | 12.71M |
| Days Payables Outstanding | 145.43 | 184.87 | 346.93 | 395.45 | 684.73 | 770.46 | 364.28 | 406.93 | 1.62K | 4.55K | 2.85K | 4.16K | 34.5K |
| Short-Term Debt | 45.47M | 45.32M | 7.75M | 5.81M | 0 | 0 | 0 | 0 | 0 | 0 | 13.39M | 0 | 0 |
| Deferred Revenue (Current) | 50.07M | 12.29M | 12.06M | 12.81M | 19.04M | 10.56M | 6.5M | 9.08M | 11.74M | 3.48M | 1.84M | 4.85M | 0 |
| Other Current Liabilities | 0 | 1.5M | 0 | 126.89M | 8.07M | 20.05M | 0 | 0 | 9.66M | 7.32M | 7.11M | 0 | 7.61M |
| Current Ratio | 0.47x | 0.71x | 0.97x | 0.97x | 1.44x | 1.98x | 1.77x | 1.36x | 1.54x | 3.07x | 0.48x | 0.99x | 1.33x |
| Quick Ratio | 0.47x | 0.71x | 0.97x | 0.97x | 1.44x | 1.98x | 1.77x | 1.36x | 1.54x | 3.07x | 0.48x | 0.99x | 1.33x |
| Cash Conversion Cycle | -13.46 | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 10.09M | 10.38M | 123.65M | 148.84M | 151.58M | 240.51M | 1.2M | 1.38M | 1.39M | 0 | 23.37M | 20.17M | 0 |
| Long-Term Debt | 0 | 0 | 111.45M | 134.58M | 137.77M | 195.08M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 1.28M | 1.28M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 4.11M | 4.11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 10.09M | 4.98M | 12.2M | 14.26M | 13.81M | 45.42M | 1.2M | 1.38M | 1.39M | 0 | 23.37M | 20.17M | 0 |
| Total Liabilities | 110.63M | 114.16M | 184.61M | 340.71M | 344.9M | 431.85M | 89.44M | 61.12M | 57.53M | 27.26M | 67.87M | 47.84M | 21.46M |
| Total Debt | 45.47M | 47.22M | 119.9M | 142.75M | 139.88M | 195.08M | 0 | 0 | 0 | 0 | 13.39M | 0 | 0 |
| Net Debt | 33.04M | 19.8M | 102.99M | 96.14M | -44.54M | -59.64M | -114.82M | -44.06M | -37.54M | -29.55M | 1.31M | -19.2M | -18.75M |
| Debt / Equity | 1.20x | 0.69x | 8.91x | 3.74x | 1.75x | 2.26x | - | - | - | - | - | - | - |
| Debt / EBITDA | -0.80x | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | -0.58x | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -22.48x | -9.98x | -7.30x | -27.08x | -3.78x | -114.19x | - | - | - | -11.04x | -5.93x | - | - |
| Total Equity | 37.87M | 68.12M | 13.45M | 38.15M | 79.85M | 86.5M | 88.21M | 47.41M | 62.01M | 61.3M | -45.52M | -19.58M | 8.61M |
| Equity Growth % | 3811.3% | 406.42% | -64.74% | -52.23% | -7.69% | -1.94% | 86.05% | -23.54% | 1.15% | 234.66% | -132.53% | -327.4% | - |
| Book Value per Share | 0.40 | 1.08 | 0.35 | 1.03 | 2.22 | 2.60 | 3.20 | 2.18 | 3.53 | 5.93 | -6.71 | -1.55 | 5.06 |
| Total Shareholders' Equity | 37.87M | 68.12M | 13.45M | 38.15M | 79.85M | 86.5M | 88.21M | 47.41M | 62.01M | 61.3M | -45.52M | -19.58M | 8.61M |
| Common Stock | 100K | 93K | 41K | 38K | 36K | 35K | 32K | 26K | 19K | 16K | 4K | 2K | 3.06K |
| Retained Earnings | -620.68M | -579.01M | -467.28M | -429.9M | -371.27M | -345.04M | -280.37M | -232.49M | -170.41M | -109.31M | -45.24M | -15.05M | -2.46M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.98M | 0 |
| Accumulated OCI | 896K | 1.08M | 214K | -10K | -76K | -104K | 66K | 46K | 1K | -135K | -108K | -76K | -4.65M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Quick answers to the most common questions about buying VERI stock.
As of 2025, Veritone, Inc. (VERI) had total assets of $182.3M including $73.9M in current assets.
Veritone, Inc. (VERI) carries total debt of $47.2M, offset by $27.4M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Veritone, Inc. (VERI) has total shareholders' equity (book value) of $68.1M ($1.08 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Veritone, Inc. (VERI) reported a current ratio of 0.71x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.
Key Metrics
Top Statement Risk
Insufficient liquidity for operations
Metrics are mathematically derived from official filings.
Balance Sheet Erosion Amid Contraction
As reported in recent financial statements, Veritone's total assets have declined from $378.9 million in 2023Q4 to $155.2 million in 2026Q1, signaling a significant contraction in the company's resource base as it struggles to maintain its operational scale while navigating persistent, deep-seated net losses.
The consistent decline in total assets suggests a shrinking operational footprint, likely exacerbated by divestitures and the consumption of cash to fund ongoing deficits. Investors should monitor whether this trajectory reflects a necessary strategic streamlining or an inability to sustain the capital intensity required for its AI orchestration model.
Liquidity Buffer Nearing Critical Thresholds
Based on the most recent quarterly data, Veritone's current ratio has deteriorated to 0.52 as of 2026Q1, indicating that the company's liquid assets are insufficient to cover its short-term obligations, which warrants further investigation into the firm's ability to meet upcoming liabilities without external financing.
A current ratio consistently below 1.0 suggests a structural liquidity mismatch that leaves little room for operational errors or market shocks. The rapid depletion of cash reserves, which fell from $46.6 million in 2023Q4 to $15.1 million in 2026Q1, underscores the urgency of the company's cash burn situation.
Equity Quality Diminished by Losses
According to reported figures, Veritone's equity base has been severely eroded by accumulated deficits, which reached $598.5 million in 2026Q1, highlighting the significant value destruction that has occurred as the company attempts to pivot its business model toward high-margin software products without achieving profitability.
The persistent growth of the accumulated deficit suggests that the company's historical capital allocation has failed to generate sufficient returns to offset its operating losses. This trend implies that shareholders face continued risk of dilution as the firm may be forced to tap equity markets to replenish its dwindling capital base.
Goodwill Impairment Risk Remains Elevated
As indicated by the company's balance sheet, goodwill remains a substantial component of total assets at $54.0 million in 2026Q1, which warrants further investigation into whether these intangible assets are fully supported by the current, stagnant revenue performance and the company's ongoing operational difficulties.
Given the company's negative profitability and contracting revenue, the carrying value of these intangibles may be subject to future impairment charges. Investors should be wary that a significant write-down could further weaken the already strained equity position and trigger restrictive covenants on existing debt obligations.