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)

6 Months Ended

Jun. 30, 2020

Investments All Other Investments [Abstract]

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

			Gross				Cash and
			Unrealized		Fair		Cash
	Cost		Losses		Value		Equivalents
Cash	$	39,057	$	—	$	39,057	$	39,057
Level 1:
Money market funds		11,024		—		11,024		11,024
Total	$	50,081	$	—	$	50,081	$	50,081

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 Unobservable Inputs

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

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