Company Description
Sonic Foundry (OTC Link: SOFO) is classified in the software - application industry within the Technology sector and carries a market capitalization of $1.2K.
SOFO has gained 0.0% over the past year. Shares last traded at $0.0001.
For FY2023, Sonic Foundry reported revenue of $22.1M with net income of -$19.3M and diluted earnings per share of $-1.62. The company operates at a net profit margin of -87.5%.
This page collects what Stock Titan holds for SOFO, including price data, latest news, SEC filings, insider trading activity, financial highlights, upcoming events, and short interest trends.
Stock Performance
Sonic Foundry (SOFO) stock last closed at $0.0001. Over the past 12 months, the stock has gained 0.0%. At a market capitalization of $1.2K, SOFO is classified as a micro-cap stock with approximately 12.1M shares outstanding.
SOFO Rankings
Latest News
Sonic Foundry has 10 recent news articles. Of the recent coverage, 6 articles coincided with positive price movement and 4 with negative movement. Key topics include acquisition, earnings, AI, partnership, conferences. View all SOFO news →
SEC Filings
Financial Highlights
Sonic Foundry generated $22.1M in revenue in FY2023, retaining a 58.1% gross margin, operating income reached -$17.4M (-78.7% operating margin), and net income was -$19.3M, reflecting a -87.5% net profit margin. Diluted earnings per share stood at $-1.62. The company generated -$11.3M in operating cash flow. With a current ratio of 0.39, short-term liquidity bears monitoring.
Upcoming Events
Short Interest History
Short interest in Sonic Foundry (SOFO) currently stands at 28.7 thousand shares, representing 0.6% of the float. This relatively low short interest suggests limited bearish sentiment. With 47.6 days to cover, it would take significant time for short sellers to close their positions based on average trading volume.
Days to Cover History
Days to cover for Sonic Foundry (SOFO) currently stands at 47.6 days, down 8.6% from the previous period. This elevated days-to-cover ratio indicates it would take over two weeks of average trading volume for short sellers to exit their positions, suggesting potential for a short squeeze if positive news emerges. The days to cover has decreased 95.2% over the past year, suggesting improved liquidity for short covering. The ratio has shown significant volatility over the period, ranging from 3.3 to 1000.0 days.
SOFO Company Profile & Sector Positioning
Sonic Foundry (SOFO) operates in the Software - Application industry within the broader Technology sector and is listed on the OTC Link.
Investors comparing SOFO often look at related companies in the same sector, including Kubient Inc (KBNT), Cuentas Inc (CUEN), Metro One Teleco (WOWI), GOLOGIQ INC (GOLQ), and Worlds Inc (WDDD). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate SOFO's relative position within its industry.