- The California-based artificial intelligence player raised $37.5M, pricing its 2.5M share IPO in the middle of the hoped-for $14-$16 range.
- The company has developed an aggregated platform of mostly third-party video and audio analysis engines and is controlled by CEO Chad Steelberg and President Ryan Steelberg, who are brothers and together own 74% of company stock pre-IPO.
- The company is changing its focus from its legacy media business to a new "AI Platform" composed of mostly third-party technologies.
Key stats and ratios
| Q4 (Dec '16) | 2016 | |
| Net profit margin | -362.13% | -302.76% |
| Operating margin | -293.77% | -266.86% |
| EBITD margin | - | -265.17% |
| Return on average assets | -133.04% | -106.61% |
| Return on average equity | - | - |
| Employees | 150 |
Address
3366 Via Lido
NEWPORT BEACH, CA 92663-3907
United States
NEWPORT BEACH, CA 92663-3907
United States
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