SOFO Sonic Foundry
Sonic Foundry, Inc. engages in the provision of video capture, management and webcasting solutions in education, business, and government. The firm also offers solutions for lecture capture, flipped & blended learning, campus events, learning and development, corporate communications, live events and meetings, corporate YouTube, continuing medical education, procedures, simulations, and grand rounds. Its products include Mediasite and Mediasite Events. The company was founded by Monty R. Schmidt in 1991 and is headquartered in Madison, WI.
Company profile
Ticker
SOFO
Exchange
Website
CEO
Joe Mozden
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
IRS number
391783372
SOFO stock data
()
Press releases
Sonic Foundry Announces Fiscal 2021 Second Quarter Financial Results
13 May 21
Sonic Foundry Appoints Two New Board Members
12 May 21
Sonic Foundry Adds Live Panel with Industry Voices to Mediasite Experience 2021
28 Apr 21
CEO of Sonic Foundry, Joe Mozden Jr., Accepted into Forbes Business Council
15 Apr 21
Bank of Sun Prairie Holds First Virtual Stockholder Meeting in 124-Year History with Mediasite Events
30 Mar 21
Calendar
13 May 21
21 Jun 21
30 Sep 21
Financial summary
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Annual (USD) |
Sep 20 | Sep 19 | Sep 18 | Sep 17 | |
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Financial data from company earnings reports.
| Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 5.43M | 5.43M | 5.43M | 5.43M | 5.43M | 5.43M |
| Cash burn (monthly) | 140K | (positive/no burn) | (positive/no burn) | (positive/no burn) | 666.67 | (positive/no burn) |
| Cash used (since last report) | 377.13K | n/a | n/a | n/a | 1.8K | n/a |
| Cash remaining | 5.05M | n/a | n/a | n/a | 5.42M | n/a |
| Runway (months of cash) | 36.1 | n/a | n/a | n/a | 8134.8 | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 30 Apr 21 | Burish Mark D | Common Stock | Grant | Aquire A | No | No | 4.35 | 13,841 | 60.21K | 3,305,284 |
| 23 Dec 20 | Joe Mozden Jr | Common Stock | Buy | Aquire P | No | No | 3.11 | 12,500 | 38.88K | 12,500 |
| 23 Dec 20 | Kelsy L Boyd | Common Stock | Buy | Aquire P | No | No | 3.11 | 10,000 | 31.1K | 10,000 |
Institutional ownership Q3 2019
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
13F holders |
Current |
|---|---|
| Total holders | 0 |
| Opened positions | 0 |
| Closed positions | 0 |
| Increased positions | 0 |
| Reduced positions | 0 |
13F shares |
Current |
|---|---|
| Total value | 0 |
| Total shares | 0 |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|
Financial report summary
?Management Discussion
- Revenue from our business includes the sale of Mediasite recorders and server software products and related services contracts, such as customer support, installation, customization services, training, content hosting and event services. We market our products to educational institutions, corporations and government agencies that need to deploy, manage, index and distribute video content on Internet-based networks. We reach both our domestic and international markets through reseller networks, a direct sales effort and partnerships with system integrators.
- Q2-2021 revenue of $8.7 million remained consistent with Q2-2020 revenue of $8.7 million. Revenue consisted of the following:
Content analysis
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H.S. freshman Avg
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New words:
CDC, county, COVID, demand, hybrid, inquiring, Ken, lending, Letter, local, outlined, protocol, stop, summer
Removed:
apply, entertainment, forgiven, higher, longer, payroll, reduction, refresh, stem
Financial reports
10-Q
2021 Q2
Quarterly report
13 May 21
10-K/A
2020 FY
Annual report (amended)
12 Feb 21
10-Q
2021 Q1
Quarterly report
11 Feb 21
NT 10-K
Notice of late annual filing
29 Jan 21
10-K
2020 FY
Annual report
22 Dec 20
10-Q
2020 Q3
Quarterly report
13 Aug 20
10-Q
2020 Q2
Quarterly report
14 May 20
10-Q
2020 Q1
Quarterly report
13 Feb 20
10-K/A
2019 FY
Annual report (amended)
24 Jan 20
10-K
2019 FY
Annual report
19 Dec 19
Current reports
8-K
Sonic Foundry Announces Fiscal 2021 Second Quarter Financial Results
13 May 21
8-K
Sonic Foundry Appoints Two New Board Members
12 May 21
8-K
Sonic Foundry Announces CFO Kelsy Boyd’s Resignation
1 Mar 21
8-K
Sonic Foundry Announces Fiscal 2021 First Quarter Results - Fourth Consecutive Quarter of Net Income
11 Feb 21
8-K
Submission of Matters to a Vote of Security Holders
3 Feb 21
8-K
Sonic Foundry Announces Fiscal 2020 Fourth Quarter and Fiscal 2020 Financial Results - Third Consecutive Quarter of Net Income
22 Dec 20
8-K
Entry into a Material Definitive Agreement
22 Oct 20
8-K
Entry into a Material Definitive Agreement
15 Oct 20
8-K
Sonic Foundry Announces Fiscal 2020 Third Quarter Financial Results - Second Consecutive Quarter of Net Income
13 Aug 20
8-K
Sonic Foundry Announces Appointment of Joseph Mozden as New CEO
11 Aug 20
Registration and prospectus
S-8
Registration of securities for employees
13 May 21
S-8
Registration of securities for employees
13 May 21
25
Voluntary exchange delisting
28 Dec 18
S-8
Registration of securities for employees
11 Jan 18
RW
Registration withdrawal request
29 Nov 16
S-8
Registration of securities for employees
16 Dec 14
S-3
Shelf registration
9 Mar 14
S-8
Registration of securities for employees
22 Aug 13
S-3/A
Shelf registration (amended)
27 Feb 13
S-3
Shelf registration
13 Dec 12
Proxies
DEF 14A
Definitive proxy
17 May 21
DEF 14A
Definitive proxy
28 Dec 20
PRE 14A
Preliminary proxy
8 Dec 20
DEF 14A
Definitive proxy
2 Aug 19
DEF 14A
Definitive proxy
5 Apr 18
PRE 14A
Preliminary proxy
22 Mar 18
DEF 14A
Definitive proxy
25 Jan 17
DEF 14A
Definitive proxy
26 Jan 16
DEF 14A
Definitive proxy
26 Jan 15
DEFR14A
Revised proxy
30 Jan 14
Other
SD
Conflict minerals disclosure
28 May 19
SD
Conflict minerals disclosure
25 May 18
SD
Conflict minerals disclosure
29 May 17
SD
Conflict minerals disclosure
30 May 16
SD
Conflict minerals disclosure
28 May 15
SD
Conflict minerals disclosure
1 Jun 14
UPLOAD
Letter from SEC
26 Mar 13
CORRESP
Correspondence with SEC
12 Mar 13
EFFECT
Notice of effectiveness
6 Mar 13
UPLOAD
Letter from SEC
26 Feb 13
Ownership
4
SONIC FOUNDRY / MARK D BURISH ownership change
4 May 21
4
SONIC FOUNDRY / Joe Mozden Jr ownership change
28 Dec 20
4
SONIC FOUNDRY / Kelsy L Boyd ownership change
28 Dec 20
3
SONIC FOUNDRY / Joe Mozden Jr ownership change
21 Dec 20
3
SONIC FOUNDRY / Kelsy L Boyd ownership change
10 Dec 20
SC 13D/A
SONIC FOUNDRY / SONIC FOUNDRY ownership change
15 May 20
4
SONIC FOUNDRY / MARK D BURISH ownership change
15 May 20
4
SONIC FOUNDRY / MARK D BURISH ownership change
2 Jan 20
4
SONIC FOUNDRY / Nelson A Murphy ownership change
2 Jan 20
4
SONIC FOUNDRY / FREDERICK H KOPKO JR ownership change
2 Jan 20