Loading SST…
Loading financial statements…
Import this data to Google Sheets with:
=jivedata("SST","financials")Full statements spill as a table. For one cell: =jivedata("SST","Revenue") or =jivedata("SST","Revenue","TTM"). Install the Jive Data add-on, then paste into a cell.
SST • CIK 0001805833
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | $401,971 | $343,925 | $266,129 | $180,935 |
| Operating Income (Loss) | $-85,989 | $-88,601 | $-62,040 | $-92,337 |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $-131,629 | $-97,668 | $-84,068 | $-113,809 |
| Income Tax Expense (Benefit) | $-20,371 | $-370 | $-2,875 | $-1,091 |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $-285,585 | $-97,298 | $-81,193 | $-112,718 |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | $-15,848 | $-21,053 |
| Net Income (Loss) Attributable to Parent | $-227,221 | $-74,673 | $-65,345 | $-91,665 |
| Weighted Average Number of Shares Outstanding, Basic | 91,454,000 | 69,554,000 | 7,854,000 | 8,350,000 |
| Cost of Revenue | — | — | $165,734 | $89,231 |
| Selling, General and Administrative Expense | $54,307 | $47,346 | $69,688 | $66,933 |
| Operating Costs and Expenses | $487,960 | $432,526 | $328,169 | $328,169 |
| InterestExpenseNonoperating | — | $31,562 | $27,556 | $27,100 |
| Gain (Loss) on Extinguishment of Debt | $-2,004 | — | $0 | $0 |
| Fair Value Adjustment of Warrants | $-5,109 | $-2,386 | $-275 | $-375 |
| Other Nonoperating Income (Expense) | $-45,640 | $-9,067 | $-22,028 | $-21,472 |
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Restricted Cash, Noncurrent | $4,294 | $371 | $379 | $379 |
| Property, Plant and Equipment, Net | $3,084 | $2,104 | $1,562 | $1,358 |
| Capitalized Computer Software, Net | $11,425 | $14,436 | $13,672 | $13,897 |
| Intangible Assets, Net (Excluding Goodwill) | $297,001 | $222,341 | $148,089 | $96,007 |
| Goodwill | $82,407 | $82,407 | $82,407 | $82,407 |
| Operating Lease, Right-of-Use Asset | $4,732 | $2,644 | $9,120 | $8,315 |
| Other Assets, Noncurrent | $524 | $349 | $263 | $287 |
| Assets | $605,470 | $459,129 | $404,972 | $291,371 |
| Operating Lease, Liability, Noncurrent | $3,582 | $1,365 | $8,183 | $7,312 |
| Long-term Debt, Excluding Current Maturities | — | — | $228,399 | $214,880 |
| Deferred Income Tax Liabilities, Net | $8,307 | $6,199 | $4,013 | $3,573 |
| Other Liabilities, Noncurrent | $929 | $6,054 | $520 | $1,651 |
| Liabilities | $436,155 | $374,133 | $387,553 | $344,375 |
| Cash and Cash Equivalents, at Carrying Value | $135,343 | $63,607 | $86,887 | $40,484 |
| Restricted Cash, Current | $3,813 | $3,970 | $1,243 | $500 |
| Accounts Receivable, after Allowance for Credit Loss, Current | $56,093 | $62,916 | $57,289 | $40,980 |
| Prepaid Expense and Other Assets, Current | $6,754 | $3,984 | $4,061 | $7,557 |
| Assets, Current | $202,003 | $134,477 | $149,480 | $89,521 |
| Accounts Payable, Current | $9,499 | $10,401 | $22,016 | $15,139 |
| Operating Lease, Liability, Current | $2,333 | $2,089 | $1,427 | $1,538 |
| Debt, Current | $15,271 | $16,405 | $76,718 | $76,915 |
| Liabilities, Current | $86,417 | $105,095 | $146,438 | $116,959 |
| Additional Paid in Capital | $843,112 | $863,033 | $878,859 | $881,755 |
| Retained Earnings (Accumulated Deficit) | $-707,662 | $-782,335 | $-847,679 | $-907,345 |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $-181 | $-443 | $-157 | $-325 |
| Treasury Stock, Common, Value | — | — | $557 | $759 |
| Stockholders' Equity Attributable to Parent | $135,278 | $80,264 | $30,467 | $-26,673 |
| Stockholders' Equity Attributable to Noncontrolling Interest | $34,037 | $4,732 | $-13,048 | $-26,331 |
| Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest | $169,315 | $84,996 | $17,419 | $-53,004 |
| Treasury Stock, Common, Shares | — | — | 137,000 | 190,000 |
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $-285,585 | $-97,298 | $-81,193 | $-112,718 |
| Net Cash Provided by (Used in) Operating Activities | $-24,742 | $-5,255 | $-4,147 | $-40,859 |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $10 | $-31 | $126 | $-53 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $104,375 | $-75,502 | $20,561 | $-23,906 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $143,450 | $67,948 | $88,509 | $95,746 |
| Payments to Acquire Property, Plant, and Equipment | $2,353 | $31 | $46 | $0 |
| Share-based Payment Arrangement, Noncash Expense | $53,085 | $15,763 | $11,312 | $6,738 |
| Payments to Acquire Intangible Assets | — | — | $275 | $0 |
| Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability | — | $17,949 | $3,429 | $1,783 |
| Payments for Software | $5,607 | $6,224 | $6,402 | $7,156 |
| Amortization of Debt Issuance Costs | $6,418 | $3,914 | $3,595 | $3,456 |
| Net Cash Provided by (Used in) Investing Activities | $203,179 | $-6,255 | $-6,723 | $-7,156 |
| Fair Value Adjustment of Warrants | $-5,109 | $-2,386 | $-275 | $-375 |
| Deferred Income Taxes and Tax Credits | — | $-2,103 | $-2,190 | $-1,646 |
| Gain (Loss) on Extinguishment of Debt | $-2,004 | — | $0 | $0 |
| Accounts Receivable, Credit Loss Expense (Reversal) | — | — | $700 | $700 |
| Other Operating Activities, Cash Flow Statement | $2,042 | $-161 | $31 | $26 |
| Repayments of Debt | $20,000 | $61,786 | $20,000 | $25,000 |
| Proceeds from Issuance of Debt | $0 | — | $50,000 | $50,000 |
| Proceeds from Issuance of Private Placement | — | — | $2,250 | $0 |
| Payments for Repurchase of Common Stock | $0 | — | $557 | $759 |
| Net Cash Provided by (Used in) Financing Activities | $-74,072 | $-63,961 | $31,305 | $24,162 |
| Cash and Cash Equivalents, at Carrying Value | $135,343 | $63,607 | $86,887 | $94,488 |
| Restricted Cash and Cash Equivalents | $8,107 | $4,341 | $1,622 | $1,258 |
| Income Taxes Paid, Net | $7,102 | $-1,617 | $-43 | $-190 |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $42,875 | $30,677 | $25,618 | $27,374 |
| Right-of-Use Asset Obtained in Exchange for Operating Lease Liability | $0 | — | $8,324 | $6,624 |
| Increase (Decrease) in Accounts Receivable | $-20,857 | $6,802 | $-4,927 | $-28,539 |
| Increase (Decrease) in Prepaid Expense and Other Assets | $-5,207 | $-2,846 | $-24 | $1,264 |
| Increase (Decrease) in Accounts Payable | $-6,796 | $903 | $12,007 | $-12,917 |
| Increase (Decrease) in Accrued Liabilities and Other Operating Liabilities | $-19,438 | $1,992 | $-35,672 | $-48,592 |
| Increase (Decrease) in Other Noncurrent Liabilities | $-264 | $-1,497 | $-254 | $540 |