Socket Mobile, Inc. financial data

Symbol
SCKT on Nasdaq
Industry
Electronic Computers
Location
40675 Encyclopedia Circle, Fremont, CA
State of incorporation
DE
Fiscal year end
December 31
Former names
SOCKET COMMUNICATIONS INC (to 3/13/2008)
Latest financial report
10-K - Q4 2024 - Mar 25, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 150 %
Quick Ratio 75.2 %
Debt-to-equity 50.8 % +6.32%
Return On Equity -12.1 % -20.9%
Return On Assets -8.02 % -18.4%
Operating Margin -13.1 % +28.4%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 7.61M shares +3.85%
Common Stock, Shares, Outstanding 7.95M shares +5.38%
Entity Public Float 6.23M USD -26%
Common Stock, Value, Issued 7.61K USD +3.68%
Weighted Average Number of Shares Outstanding, Basic 7.56M shares +4.53%
Weighted Average Number of Shares Outstanding, Diluted 7.56M shares +4.53%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 18.8M USD +10.2%
Cost of Revenue 9.31M USD +8.64%
Research and Development Expense 4.72M USD -2.3%
Selling and Marketing Expense 4.41M USD +9.9%
General and Administrative Expense 2.78M USD +1.6%
Operating Income (Loss) -2.46M USD +21.1%
Income Tax Expense (Benefit) -150K USD -229%
Net Income (Loss) Attributable to Parent -2.24M USD -16.8%
Earnings Per Share, Basic -0.3 USD/shares -11.1%
Earnings Per Share, Diluted -0.3 USD/shares -11.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.49M USD -11.8%
Inventory, Net 4.94M USD -8.64%
Assets, Current 9.6M USD -10.3%
Deferred Income Tax Assets, Net 10.7M USD +5.45%
Property, Plant and Equipment, Net 2.79M USD -8.11%
Operating Lease, Right-of-Use Asset 2.6M USD -15.7%
Intangible Assets, Net (Excluding Goodwill) 1.43M USD -8.16%
Other Assets, Noncurrent 264K USD +5.57%
Assets 27.3M USD -4.86%
Employee-related Liabilities, Current 679K USD +17%
Liabilities, Current 6.89M USD +5.97%
Operating Lease, Liability, Noncurrent 2.28M USD -18.7%
Liabilities 9.19M USD -1.46%
Retained Earnings (Accumulated Deficit) -50.2M USD -4.68%
Stockholders' Equity Attributable to Parent 18.2M USD -6.49%
Liabilities and Equity 27.3M USD -4.86%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -94.9K USD -190%
Net Cash Provided by (Used in) Financing Activities 23.8K USD
Net Cash Provided by (Used in) Investing Activities 16.4K USD
Common Stock, Shares Authorized 20M shares 0%
Common Stock, Shares, Issued 7.96M shares +3.5%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.49M USD -11.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 105K USD +191%
Deferred Tax Assets, Valuation Allowance 430K USD -3.59%
Deferred Tax Assets, Gross 11.8M USD +13.1%
Operating Lease, Liability 2.82M USD -14.4%
Payments to Acquire Property, Plant, and Equipment 56.4K USD -87.9%
Property, Plant and Equipment, Gross 6.51M USD +2.8%
Operating Lease, Liability, Current 532K USD +10.1%
Deferred Tax Assets, Operating Loss Carryforwards 6.19M USD -0.19%
Unrecognized Tax Benefits 997K USD -1.19%
Operating Lease, Payments 638K USD +2.56%
Additional Paid in Capital 69.4M USD +1.44%
Operating Leases, Future Minimum Payments, Due in Two Years 677K USD +3.66%
Amortization of Intangible Assets 31.8K USD
Operating Leases, Future Minimum Payments Due, Next Twelve Months 657K USD +3.19%
Deferred Tax Assets, Net of Valuation Allowance 11.4M USD +3.45%
Operating Leases, Future Minimum Payments, Due in Three Years 693K USD +3%
Operating Leases, Future Minimum Payments Due 3.17M USD -16.6%
Interest Expense -331K USD -36.6%