The Inventing Press

SOCKET MOBILE, INC.

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$15.1M$18.8M$17.0M$21.2M$23.2M
Cost of revenue$7.6M$9.3M$8.6M$10.9M$10.8M
Gross profit$7.5M$9.5M$8.5M$10.4M$12.4M
Research and development$4.4M$4.7M$4.8M$4.4M$4.0M
Operating expenses$10.7M$11.9M$11.6M$10.8M$9.7M
Operating income-$3.2M-$2.5M-$3.1M-$446,019$2.7M
Interest expense$496,587$330,849$242,161$175,050$198,935
Income tax expense-$10.7M$551,000$1.4M$708,000$1.9M
Net income-$14.4M-$2.2M-$1.9M$86,931$4.5M
Balance Sheet
Cash and equivalents$2.0M$2.5M$2.8M$3.6M$6.1M
Current assets$8.6M$9.6M$10.7M$12.8M$14.4M
Total assets$14.4M$27.3M$28.7M$28.6M$25.6M
Current liabilities$8.4M$6.9M$6.5M$5.0M$5.4M
Total liabilities$10.2M$9.2M$9.3M$8.3M$5.5M
Stockholders' equity$4.3M$18.2M$19.4M$20.3M$20.0M
Cash Flow Statement
Cash from operations-$1.2M-$521,485$48,562-$111,415$2.1M
Depreciation and amortization$1.3M$1.1M$922,438$765,659$759,158
Stock-based compensation$669,198$1.1M$1.2M$998,692$693,425
Capital expenditure$537,135$788,325$2.2M$1.2M$691,771
Free cash flow-$1.8M-$1.3M-$2.1M-$1.3M$1.5M
Share repurchases$208,425$829,563$2,937

Shares outstanding 8.2M · Free float 12.4%

Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.