Sonic Foundry

Sonic Foundry, Inc. engages in the provision of video capture, management, and webcasting solutions in education, business, and government. The firm also offers solutions for lecture capture, flipped & blended learning, campus events, learning and development, corporate communications, live events and meetings, corporate YouTube, continuing medical education, procedures, simulations, and grand rounds. Its products include Mediasite and Mediasite Events. The company was founded by Monty R. Schmidt in 1991 and is headquartered in Madison, WI.

Earnings data Q1 2020

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q3 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Sonic Foundry, Inc. engages in the provision of video capture, management, and streaming solutions in education, business, and government. The firm also offers solutions for lecture capture, flipped and blended learning, campus events, learning and development, corporate communications, live events and meetings, corporate YouTube, continuing medical education, procedures, simulations, and grand rounds. Its products include Mediasite and Mediasite Events. The company was founded by Monty R. Schmidt in 1991 and is headquartered in Madison, WI.

MADISON, Wis.--(BUSINESS WIRE)--Sonic Foundry, Inc. (OTC: SOFO), the trusted leader in developing comprehensive video recording and streaming solutions for corporations, health care organizations and government entities today announced that it has successfully completed the sale of its Mediasite product and service business to Enghouse Systems Ltd. Mediasite will become part of Enghouse's Interactive Management Group which provides scalable video management solutions to thousands of businesses,.

Sonic Foundry Announces Sale of Mediasite Business to Enghouse Systems

Enghouse Expands Footprint in Japan and Penetration of Education & Event Markets MARKHAM, ON and MADISON, Wis. , Feb. 12, 2024 /PRNewswire/ - Enghouse Systems Limited (TSX: ENGH) today announced it has successfully completed its acquisition of the Mediasite SaaS video recording and streaming business from Sonic Foundry, Inc. (OTC: SOFO).

Enghouse Completes Acquisition of Mediasite

MADISON, Wis.--(BUSINESS WIRE)--Sonic Foundry, Inc. (OTC: SOFO), the trusted leader in developing comprehensive video recording and streaming solutions for corporations, health organizations and government entities, today announced financial results for the fourth quarter and fiscal year ended September 30, 2023. Highlights for the Fourth Quarter Ended September 30, 2023: • Total revenue was $5.6 million compared to $6.5 million in the prior-year quarter primarily due to prior year custom softw.

Sonic Foundry Announces Fourth Quarter and Fiscal Year 2023 Results

MADISON, Wis.--(BUSINESS WIRE)--Sonic Foundry, Inc. (OTC: SOFO), the trusted leader in developing comprehensive video recording and streaming solutions for corporations, health care organizations and government entities today announced that it has reached a definitive agreement to sell its Mediasite product and service business to Enghouse Systems Ltd. Under the terms of the agreement, Sonic Foundry will sell the assets of its Mediasite business including its Japanese and Dutch subsidiaries for.

Sonic Foundry Announces Agreement to Sell its Mediasite Business to Enghouse Systems

MARKHAM, ON and MADISON, Wis. , Jan. 4, 2024 /PRNewswire/ - Enghouse Systems Limited (TSX: ENGH) ("Enghouse") and Sonic Foundry, Inc. (OTC: SOFO) jointly announced that they have entered into a definitive agreement by which Enghouse will acquire the Mediasite business of Sonic Foundry.

Enghouse Systems Signs Agreement to Acquire Mediasite

MADISON, Wis.--(BUSINESS WIRE)--Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader in developing comprehensive video recording and streaming solutions for corporations, health organizations and government entities today announced that the Company received a final delisting notice from Nasdaq on December 1, 2023. The delisting is a result of failure to satisfy the $1.00 minimum bid price listing requirement in Nasdaq Listing Rule 5550(a)(2) and failure to comply with Nasdaq's $2,500,000 mini.

Sonic Foundry Announces Delisting from Nasdaq

MADISON, Wis.--(BUSINESS WIRE)--Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader in video capture, management and streaming solutions, today announced that its Vidable® brand, which uses AI-powered solutions to turn video libraries into dynamic knowledge bases, has launched its flagship product offering – a secure platform designed to accelerate the distribution of high-quality content and improve the usability and value of enterprise video libraries. The exponential growth of enterprise.

Sonic Foundry's Vidable® Launches AI Video Platform

MADISON, Wis.--(BUSINESS WIRE)--Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader in video capture, management, and streaming solutions, today announced that its Global Learning Exchange™ (GLX) business, which provides students around the world with affordable access to top-tier online learning solutions coupled with local support resources, has finalized a new partnership agreement with Virtual Internships, the leading platform that guarantees internship placements for students worldwide.

Sonic Foundry's Global Learning Exchange™ Announces Partnership with Virtual Internships

MADISON, Wis.--(BUSINESS WIRE)--Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader in video capture, management and streaming solutions, today announced that its Global Learning Exchange™ (GLX) business, which provides students around the world with affordable access to top-tier online learning solutions coupled with local support resources, has finalized a new partnership agreement with the International Telematic University UNINETTUNO. Per the agreement, Global Learning Exchange students.

Sonic Foundry's Global Learning Exchange™ Announces Partnership with UNINETTUNO

MADISON, Wis.--(BUSINESS WIRE)--Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader in video capture, management and streaming solutions, today announced that Company CEO Joe Mozden, Jr. has been invited to present at the conference on Emerging Growth in A.I., presented by Maxim Group LLC, on Tuesday, September 26th, & Wednesday, September 27th, 2023, at 8:00 a.m. ET. The conference will explore how the continuous evolution of A.I. is paving the way for groundbreaking applications in the.

Sonic Foundry to Participate in the Virtual Tech Conference Series: Emerging Growth in A.I., Presented by Maxim Group LLC on Tuesday, September 26th and Wednesday, September 28th at 8:00am ET

MADISON, Wis.--(BUSINESS WIRE)--Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader in video capture, management and streaming solutions, today announced that its Global Learning Exchange™ (GLX) business, which provides students around the world with affordable access to top-tier online learning solutions coupled with local support resources, has partnered with Penn Foster Group, a renowned leader in online education. This partnership will provide Global Learning Exchange students with a gre.

Sonic Foundry's Global Learning Exchange™ Announces Partnership with Penn Foster Group

MADISON, Wis.--(BUSINESS WIRE)--Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader in video creation and management solutions, and virtual and hybrid events, today announced consolidated financial results for its 2023 fiscal third quarter ended June 30, 2023. Highlights for the Third Quarter Ended June 30, 2023: Total revenue was $5.8 million compared to $6.5 million in the prior year quarter primarily reflecting customers shifting from hardware devices to other means of video capture. Gros.

Sonic Foundry Announces Fiscal Third Quarter 2023 Financial Results

Sonic Foundry (NASDAQ: SOFO ) stock is climbing higher on Thursday after the video management company announced plans for AI. Specifically, the company has two of its businesses working together to develop AI solutions for events.

Why Is Sonic Foundry (SOFO) Stock Up 27% Today?

MADISON, Wis.--(BUSINESS WIRE)--Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader in video capture, management and streaming solutions, today announced that its Vidable™ business, which offers AI-powered analytics and transformation solutions for video, will partner with its Video Solutions business to develop an offering focused on supporting the events market. The announcement dovetails with Vidable GM Mike Snavely's appearance yesterday at Meeting Planners International's annual World E.

Sonic Foundry's Vidable™ Announces Plans for New Offering of Events-Focused AI Solutions

Lyft

National CineMedia

Rocket Companies, Inc.

Ascent Solar Technologies Inc

Energy Focus

Mobiquity Technologies

While no one invests in the capital markets to lose money, you can suffer the same result if you don't heed the warnings of stocks to dump fast before they tank your portfolio. True, this topic generates discomfort and usually anger.

Dump These 7 Stocks Fast Before They Tank Your Portfolio

MADISON, Wis.--(BUSINESS WIRE)--Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader in video creation and management solutions, and virtual and hybrid events, today announced consolidated financial results for its 2023 fiscal second quarter ended March 31, 2023. Executive Summary: In the second quarter, there was a substantial lift in Mediasite renewals and hardware sales. This resulted in Mediasite billings increasing 40% over the first quarter, revenue increasing nearly 15% over the first.

Sonic Foundry Announces Fiscal Second Quarter 2023 Financial Results

MADISON, Wis.--(BUSINESS WIRE)--Sonic Foundry, Inc.

Sonic Foundry's Global Learning Exchange™ Announces Partnership with EC-Council University

MADISON, Wis.--(BUSINESS WIRE)--Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader in video capture, management, and streaming solutions, today announced that it will hold its annual shareholders meeting at 9 a.m. CST on Friday, March 10. Sonic Foundry's CEO Joe Mozden will review the company's 2022 key milestones and achievements, including the launch of three new business units, Global Learning Exchange™, Vidable™, and Video Solutions.

Sonic Foundry Announces Annual Shareholders Meeting on March 10, 2023

MADISON, Wis.--(BUSINESS WIRE)--Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader in video creation and management solutions, and virtual and hybrid events, today announced consolidated financial results for its 2023 fiscal first quarter ended December 31, 2022. Highlights for the First Quarter Ended December 31, 2022: Total revenue was $5.0 million compared to $7.

Sonic Foundry Announces Fiscal First Quarter 2023 Financial Results

MADISON, Wis.--( BUSINESS WIRE )--Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader in video capture, management and streaming solutions, and CTI Meeting Technology (CTI), the world's premier event content management provider, today announced a new partnership to provide comprehensive event content solutions for global event organizers. These solutions combine the capabilities of CTI's all-in-one event content platform cOASIS with video capture and distribution services from Sonic Foundry's Video Solutions group. For the first time, event organizers will be able to outsource the management of abstracts, presentations and video content, and gain access to the world's leading event content platform, with a single phone call.

Sonic Foundry's Video Solutions Group and CTI Meeting Technology Announce New Partnership to Provide Comprehensive Event Content Solutions

MADISON, Wis.--( BUSINESS WIRE )--Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader in video capture, management and streaming solutions, and virtual and hybrid events, today announced financial results for the fourth quarter and fiscal year ended September 30, 2022.

Sonic Foundry Announces Fourth Quarter and Fiscal Year 2022 Results

MADISON, Wis.--( BUSINESS WIRE )--Sonic Foundry, Inc. (“Sonic Foundry” or the “Company”) (NASDAQ: SOFO), the trusted leader in video capture, management and streaming solutions, today announced that it has secured $9.7 million in financing with three separate transactions. It entered into a Loan and Security Agreement with Neltjeberg Bay Enterprises, LLC (“NBE”) for a $5.5 million loan at an annual rate of 12% interest. In addition, the Company closed a Security Agreement and Promissory Note with Mark Burish, Chairman of the Sonic Foundry Board, for $3 million at the same interest rate as the NBE note. Mark Burish also purchased 1.2 million shares of common stock at a price of $1.02 per share.

Sonic Foundry® Secures $8.5 Million in Debt Financing

Madison, Wisconsin--(Newsfile Corp. - November 10, 2022) - Sonic Foundry, Inc. (NASDAQ: SOFO), today announced that they will be attending the Q4 Investor Summit live in NYC at the Sheraton Times Square. During the presentation, Sonic Foundry's CEO, Joe Mozden, will discuss the company's transformation into a modern high-growth enterprise and its expansion into massive new and adjacent markets in the AI for video and global higher education spaces.

Sonic Foundry, Inc. to Present at Investor Summit Group's Q4 Conference

Sonic Foundry® Launches Video Solutions

MADISON, Wis.--(BUSINESS WIRE)--Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader in video capture, management and streaming solutions, today announced that its Global Learning Exchange™ (GLX) business, which provides students around the world with cost-effective, locally supported access to top-tier online learning solutions, has established a partnership with the Read and Earn Federation for the United Nations Educational, Scientific, and Cultural Organization (UNESCO REF) to launch and

Sonic Foundry's Global Learning Exchange™ Announces Partnership with the Read and Earn Federation for UNESCO to Develop New Education and Skills Training Program in Nigeria

News for Sonic Foundry Stock (SOFO)