sonic foundry (nasdaq: sofo) is the trusted global leader for video capture, management and webcasting solutions in education, business and government. the patented mediasite enterprise video platform transforms communications, training, education and events for more than 3,800 customers in 65 countries. sonic foundry is a leader in aragon research’s globe for video content management, frost & sullivan’s lecture capture leader for seven consecutive years, a leader in forrester’s enterprise video platforms and webcasting wave and a challenger in gartner’s magic quadrant for enterprise video content management.
Company profile
Ticker
SOFO
Exchange
Website
CEO
Joe Mozden
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Sonic Foundry Media • Mediasite KK – Incorporated • Sonic Foundry International B.V. (formerly Media ...
IRS number
391783372
SOFO stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
28 Mar 24
8-K
Changes in Registrant's Certifying Accountant
14 Mar 24
8-K
Departure of Directors or Certain Officers
8 Mar 24
NT 10-Q
Notice of late quarterly filing
16 Feb 24
25-NSE
Exchange delisting
15 Feb 24
8-K
Completion of Acquisition or Disposition of Assets
9 Feb 24
10-K/A
2023 FY
Annual report (amended)
26 Jan 24
DEFM14A
Proxy related to merger
16 Jan 24
PREM14A
Preliminary proxy related to merger
5 Jan 24
DEFA14A
Additional proxy soliciting materials
5 Jan 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Sep 23 | Sep 22 | Sep 21 | Sep 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 840.00 k | 840.00 k | 840.00 k | 840.00 k | 840.00 k | 840.00 k |
Cash burn (monthly) | 434.00 k | 204.92 k | 1.24 mm | 1.60 mm | 364.67 k | 943.58 k |
Cash used (since last report) | 2.99 mm | 1.41 mm | 8.51 mm | 10.98 mm | 2.51 mm | 6.49 mm |
Cash remaining | -2.15 mm | -569.72 k | -7.67 mm | -10.14 mm | -1.67 mm | -5.65 mm |
Runway (months of cash) | -4.9 | -2.8 | -6.2 | -6.4 | -4.6 | -6.0 |
Institutional ownership, Q2 2023
10.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 13 |
Opened positions | 1 |
Closed positions | 4 |
Increased positions | 1 |
Reduced positions | 4 |
13F shares | Current |
---|---|
Total value | 568.62 mm |
Total shares | 1.25 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Busslinger Ron W | 587.21 k | $1.11 mm |
Roumell Asset Management | 405.41 k | $356.76 mm |
RY Royal Bank Of Canada | 79.61 k | $70.00 mm |
WealthTrust Axiom | 56.32 k | $49.56 mm |
Vanguard | 38.71 k | $34.06 mm |
Manatuck Hill Partners | 27.00 k | $23.76 mm |
VIRT Virtu Financial | 14.17 k | $12.00 k |
Two Sigma Securities | 12.69 k | $11.17 mm |
Snowden Capital Advisors | 12.00 k | $10.56 mm |
Tower Research Capital | 8.92 k | $7.85 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
5 Apr 23 | Burish Mark D | Common Stock | Grant | Acquire A | No | No | 0.91 | 31,868 | 29.00 k | 4,860,726 |
5 Apr 23 | Lawrence William St. | Common Stock | Grant | Acquire A | No | No | 0.91 | 14,835 | 13.50 k | 14,835 |
10 Mar 23 | Burish Mark D | Non-Employee Director Stock Option Common Stock | Grant | Acquire A | No | No | 0.91 | 2,000 | 1.82 k | 20,000 |
10 Mar 23 | Brian Wiegand | Non-Employee Director Stock Option Common Stock | Grant | Acquire A | No | No | 0.91 | 2,000 | 1.82 k | 22,000 |
10 Mar 23 | Lawrence William St. | Non-Employee Director Stock Option Common Stock | Grant | Acquire A | No | No | 0.91 | 2,000 | 1.82 k | 8,000 |
10 Mar 23 | Nelson A Murphy | Non-Employee Director Stock Option Common Stock | Grant | Acquire A | No | No | 0.91 | 2,500 | 2.28 k | 17,000 |
2 Jan 23 | Kenneth A Minor | Employee Stock Option Common Stock | Grant | Acquire A | No | No | 0.81 | 5,000 | 4.05 k | 10,000 |