Status Bar displays information relating to the file properties and free resources.
In the left part of the bar you can see information on Sample Format, that shows the format of the current waveform or session, with sample rate, resolution and mono/stereo properties. In the right part of the bar you can see information on Free space, that shows the amount of free space available on the drives currently selected in /Options/Settings/Devices/Temporary Directory. If the Temporary Directory and Clipboard Directory are on separate physical drives, the sum of the available space will be shown.