Veritone SEC Filings

Veritone, Inc. reported Q3 2025 results showing higher revenue but continued losses. Revenue was $29.1 million, up from $22.0 million a year ago, while operating loss narrowed to $15.8 million from $22.5 million. Net loss was $26.9 million versus $21.7 million in the prior year period.

Cash and cash equivalents increased to $36.2 million from $16.9 million at year-end 2024, supported by multiple equity raises in 2025. The company disclosed substantial doubt about its ability to continue as a going concern due to debt obligations, historical negative cash flows, and recurring losses.

Subsequent to quarter-end, Veritone gave notice to repay its Term Loan in full for $36.7 million in cash, including a 14% prepayment premium, and agreed to repurchase about 50% of its Convertible Notes ($45.7 million principal) using approximately $39.0 million in cash plus 625,000 shares; $45.6 million principal would remain outstanding after cancellation. Two customers represented 27% of Q3 revenue. Remaining performance obligations were $28.0 million, with 58% expected to convert to revenue within twelve months.

Veritone, Inc. (VERI) announced plans to repay in full its Term Loan Facility and repurchase a significant portion of its 2026 convertible notes. The company intends to repay $36.7 million on November 12, 2025, comprising $31.8 million principal, $0.5 million accrued interest, and a prepayment premium equal to 14% of principal. Following repayment, obligations under the facility are terminated.

Veritone also entered into privately negotiated transactions to repurchase approximately $45.7 million aggregate principal amount (about 50%) of its 1.75% Convertible Senior Notes due 2026, using approximately $39.0 million in cash and issuing 625,000 shares of common stock. After canceling the repurchased notes, approximately $45.6 million principal will remain outstanding. The repurchases are expected to close on or about November 12, 2025 and could affect the market price of the company’s common stock.

Veritone, Inc. (VERI) furnished an update on its business, announcing financial results for the third quarter ended September 30, 2025. The company provided details in a press release attached as Exhibit 99.1.

The information was furnished under Item 2.02 of Form 8-K and is not deemed filed for liability purposes under Section 18 of the Exchange Act, nor incorporated by reference unless specifically stated.

Veritone, Inc. announced a registered direct offering of 12,864,494 shares of common stock. The shares are being sold to purchasers named in a securities purchase agreement dated October 15, 2025. The transaction was made pursuant to Veritone’s effective Form S-3 shelf registration (No. 333-280148), using a base prospectus and a prospectus supplement. The company also filed the related legal opinion and consent as exhibits.

Veritone, Inc. announced preliminary, unaudited results for the quarter ended September 30, 2025. The company expects a GAAP net loss of $(29.3)M to $(19.3)M for Q3 2025, and a non-GAAP net loss of $(6.0)M to $(5.5)M. For the nine months ended September 30, 2025, Veritone forecasts a GAAP net loss of $(76.0)M to $(66.0)M and a non-GAAP net loss of $(25.8)M to $(25.3)M.

The reconciliation lists Q3 adjustments including interest expense of $2.9M, depreciation and amortization of $7.4M, stock-based compensation of $1.6M, and other non‑recurring items of $2.0M to $1.5M. These figures are estimates and may change upon filing the Form 10‑Q.

The company includes forward‑looking statements and notes risks such as its ability to continue as a going concern and to service or refinance debt, alongside execution priorities in expanding its aiWARE SaaS business and integrating prior transactions.

Veritone, Inc. announced a registered direct offering of 12,864,494 shares of common stock at $5.83 per share, for expected gross proceeds of approximately $75.0 million. The transaction is expected to close on or about October 17, 2025, subject to customary closing conditions.

The company plans to use net proceeds, together with existing cash and cash equivalents, for working capital and general corporate purposes including capital expenditures, debt service, and repayment of indebtedness. The offering is being made under an effective Form S-3 shelf with a related base prospectus and prospectus supplement.

Veritone, Inc. (VERI) is offering 12,864,494 shares of common stock at $5.83 per share in a registered direct offering. The transaction is expected to deliver approximately $75.0 million in gross proceeds. Placement agent fees are $3.75 million, with estimated offering expenses of about $0.3 million, resulting in estimated net proceeds of approximately $71.0 million.

Veritone plans to use the net proceeds for working capital and general corporate purposes, including capital expenditures, debt service, other business opportunities, and to further develop and market its AI platform and applications. Needham & Company is acting as sole placement agent on a reasonable best-efforts basis. Delivery is expected on or about October 17, 2025, subject to customary closing conditions. Company executives and directors agreed to 90-day lock-up arrangements, subject to customary exceptions.

Veritone, Inc. (VERI) furnished an update on its business by announcing preliminary, unaudited financial results for the quarter ended September 30, 2025. The company disclosed the information via a press release attached as Exhibit 99.1.

The press release is furnished under Item 2.02 and is not deemed filed or incorporated by reference, limiting related liabilities. Veritone’s common stock trades on the Nasdaq Global Market under the symbol VERI.

Veritone, Inc. is offering common stock and related securities at a price per share of $2.63, with totals shown of $25,000,004.15 (without option) and $28,750,002.80 (with underwriter option). The prospectus supplement states the company intends to use net proceeds, together with existing cash and cash equivalents, for working capital and general corporate purposes, including capital expenditures, debt service and development and marketing of its AI platform and applications.

A condensed pro forma snapshot as of June 30, 2025 shows Actual cash of $13,568 (in thousands) and As Adjusted cash of $36,868 (in thousands). Other aggregated line items are presented, with Total assets or comparable aggregated total of $118,065 (Actual) and $141,365 (As Adjusted) (amounts shown as unaudited). The document discloses potential dilution linked to pre-funded warrants and restricted stock unit vesting and details customary lock-up provisions, permitted transfers, and resale restrictions under various jurisdictions. Multiple filings (10-Ks, 10-Qs, 8-Ks and an 8-A) are incorporated by reference for additional disclosure.