SoundHound's financial report is about to be released, and the improvement of gross profit margin is another focus of attention.

SoundHound will soon announce its financial report. The improvement of gross margin is another focus of attention. The non-GAAP gross margin in the first quarter dropped to 51%, although management plans to gradually increase it to 70%. Management stated that the gross margin will continue to improve by 2025, and if there are signs of recovery in the second quarter, it will be an important positive catalyst. Investors will also be paying attention to the latest updates on stock dilution and cash consumption.