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

Consolidated Financial Statements Details (Tables)

3 Months Ended

Mar. 31, 2021

Accounts receivable consisted of the following:

	As of
	March 31,			December 31,
	2021			2020
Accounts receivable — Advertising	$	18,820		$	12,641
Accounts receivable — Other		5,354			4,143
		24,174			16,784
Less: allowance for doubtful accounts		(74	)		(118	)
Accounts receivable, net	$	24,100		$	16,666

Property, equipment and improvements, net consisted of the following:

	As of
	March 31,			December 31,
	2021			2020
Property and equipment	$	1,727		$	2,365
Leasehold improvements		78			2,899
		1,805			5,264
Less: accumulated depreciation		(1,420	)		(2,910	)
Property, equipment and improvements, net	$	385		$	2,354

Accounts payable consisted of the following:

	As of
	March 31,		December 31,
	2021		2020
Accounts payable — Advertising	$	17,968	$	14,667
Accounts payable — Other		1,218		965
Total	$	19,186	$	15,632

Revenue for the periods presented were comprised of the following:

	Three Months Ended
	March 31,
	2021		2020
Advertising	$	10,327	$	6,001
aiWARE SaaS Solutions		4,685		3,108
aiWARE Content Licensing and Media Services		3,283		2,795
Total revenue	$	18,295	$	11,904

Other (expense) income, net for the periods presented was comprised of the following:

	Three Months Ended
	March 31,
	2021			2020
Interest income, net	$	2		$	77
Change in fair value of warrant liability		—			2
Other		(11	)		52
Other (expense) income, net	$	(9	)	$	131