Veritone, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Financial Instruments (Tables)

Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2020

Investments All Other Investments [Abstract]

As of September 30, 2020, the Company’s cash and cash equivalents balances were as follows:

			Gross				Cash and
			Unrealized		Fair		Cash
	Cost		Losses		Value		Equivalents
Cash	$	43,289	$	—	$	43,289	$	43,289
Level 1:
Money market funds		11,026		—		11,026		11,026
Total	$	54,315	$	—	$	54,315	$	54,315

As of December 31, 2019, the Company’s cash and cash equivalents balances were as follows:

			Gross				Cash and
			Unrealized		Fair		Cash
	Cost		Losses		Value		Equivalents
Cash	$	23,710	$	—	$	23,710	$	23,710
Level 1:
Money market funds		20,355		—		20,355		20,355
Total	$	44,065	$	—	$	44,065	$	44,065

Summary of Quantitative Information with Respect to Significant Inputs

The following table summarizes quantitative information with respect to the significant inputs that were used to value the 2020 Stock Warrants during the nine months ended September 30, 2020:

	Compensation Warrant			Performance Warrant
Volatility		88	%		85	%
Risk-free rate		0.23	%		0.34	%
Term	1.7 years			3.7 years