some quotes from the call
We're seeing an explosion
of demand for Veritone’s AI applications, aiWARE platform and solution capabilities, with the largest
qualified pipeline on record, and we are continuing to accelerate our innovation and development
pipeline to adapt and extend our AI capabilities to serve our markets.
Again, I want to reiterate that we are projecting profitability as early
as the fourth quarter of 2024 and in full year fiscal 2025.
With respect to our balance sheet and debt position today, we have near term plans to vastly improve
our liquidity position on a non-dilutive basis. We will continue to update you on further progress on this
initiative when we announce Q1 earnings in May 2024.
but have intentionally omitted from our 2024 guidance any future cost and
revenue synergies expected in the second half of 2024 until they are realized.
Moreover,
10
we are in late agreement stages with various federal agencies on larger enterprise level
arrangements, which if executed in the first half of 2024 could accelerate this growth projection
even further
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