SCKT on Nasdaq
SOCKET MOBILE, INC.
American electronic computers company based in Fremont, active since 1995.
Price unavailable
Last updated Oct 18, 2026.
Overview
Compare with One Stop Systems, Inc., Zepp Health or OMNICELL, INC., or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue33¢$7.6M
- Research and development19¢$4.4M
- Interest2¢$496.6K
- Income tax46¢$10.7M
Out of $15.1M in revenue.3 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenues | $15.1M | $18.8M |
| Cost of revenues | $7.6M | $9.3M |
| Gross profit | $7.5M | $9.5M |
| Research and development | $4.4M | $4.7M |
| Sales and marketing | $4.0M | $4.4M |
| General and administrative | $2.4M | $2.8M |
| Total operating expenses | $10.7M | $11.9M |
| Operating loss | -$3.2M | -$2.5M |
| Interest expense, net | -$496.6K | -$330.8K |
| Net loss before income taxes | -$3.7M | -$2.8M |
| Income tax benefit (expense) | -$10.7M | $551.0K |
| Net loss | -$14.4M | -$2.2M |
| Basic | -$1.81 | -$0.30 |
| Fully diluted | -$1.81 | -$0.30 |
| Basic | 7.9M shares | 7.6M shares |
| Fully diluted | 7.9M shares | 7.6M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $2.0M | $2.5M | |
| Accounts receivable, net | $1.7M | $1.6M | |
| Inventories, net | $4.2M | $4.9M | |
| Prepaid expenses and other current assets | $548.4K | $430.7K | |
| Deferred cost on shipments to distributors | $122.5K | $142.9K | |
| Total current assets | $8.6M | $9.6M | |
| Machinery and office equipment | $3.1M | $2.8M | |
| Computer equipment | $3.8M | $3.7M | |
| PropertyPlantAndEquipmentGross | $6.9M | $6.5M | |
| Accumulated depreciation | -$4.8M | -$3.7M | |
| Property and equipment, net | $2.1M | $2.8M | |
| Intangible assets, net | $1.3M | $1.4M | |
| Other long-term assets | $285.9K | $263.6K | |
| Deferred tax assets | $10.7M | ||
| Operating lease right-of-use asset | $2.1M | $2.6M | |
| Total assets | $14.4M | $27.3M | |
| Accounts payable and accrued expenses | $1.3M | $1.3M | |
| Accrued payroll and related expenses | $713.2K | $678.8K | |
| Deferred revenue on shipments to distributors | $335.9K | $392.5K | |
| Short term portion of deferred service revenue | $18.1K | $17.9K | |
| Subordinated convertible notes payable, net of discount | $400.0K | $150.0K | |
| Subordinated convertible notes payable, net of discount-related party | $5.1M | $3.8M | |
| Operating lease current portion | $575.2K | $532.0K | |
| Total current liabilities | $8.4M | $6.9M | |
| Long-term portion of operating lease | $1.7M | $2.3M | |
| Long-term portion of deferred service revenue | $10.2K | $12.8K | |
| Total liabilities | $10.2M | $9.2M | |
| Common Stock, Value, Issued | $8.0K | $7.6K | |
| Additional paid-in capital | $69.9M | $69.4M | |
| Treasury stock, at cost (359,250 shares as of December 31, 2025, and 2024) | -$1.0M | -$1.0M | |
| Accumulated deficit | -$64.6M | -$50.2M | |
| Total stockholders equity | $4.3M | $18.2M | $19.4M |
| Total liabilities and stockholders equity | $14.4M | $27.3M | |
| Common Stock, Par or Stated Value Per Share | $0.00 | ||
| Common Stock, Shares Authorized | 20.0M shares | ||
| Common Stock, Shares, Issued | 8.3M shares | 8.0M shares | |
| Common Stock, Shares, Outstanding | 8.0M shares | 7.6M shares | |
| Treasury Stock, Common, Shares | 359.2K shares | 359.2K shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $2.0M | $2.5M | |
| Accounts receivable, net | $1.7M | $1.6M | |
| Inventories, net | $4.2M | $4.9M | |
| Prepaid expenses and other current assets | $548.4K | $430.7K | |
| Deferred cost on shipments to distributors | $122.5K | $142.9K | |
| Total current assets | $8.6M | $9.6M | |
| Machinery and office equipment | $3.1M | $2.8M | |
| Computer equipment | $3.8M | $3.7M | |
| PropertyPlantAndEquipmentGross | $6.9M | $6.5M | |
| Accumulated depreciation | -$4.8M | -$3.7M | |
| Property and equipment, net | $2.1M | $2.8M | |
| Intangible assets, net | $1.3M | $1.4M | |
| Other long-term assets | $285.9K | $263.6K | |
| Deferred tax assets | $10.7M | ||
| Operating lease right-of-use asset | $2.1M | $2.6M | |
| Total assets | $14.4M | $27.3M | |
| Accounts payable and accrued expenses | $1.3M | $1.3M | |
| Accrued payroll and related expenses | $713.2K | $678.8K | |
| Deferred revenue on shipments to distributors | $335.9K | $392.5K | |
| Short term portion of deferred service revenue | $18.1K | $17.9K | |
| Subordinated convertible notes payable, net of discount | $400.0K | $150.0K | |
| Subordinated convertible notes payable, net of discount-related party | $5.1M | $3.8M | |
| Operating lease current portion | $575.2K | $532.0K | |
| Total current liabilities | $8.4M | $6.9M | |
| Long-term portion of operating lease | $1.7M | $2.3M | |
| Long-term portion of deferred service revenue | $10.2K | $12.8K | |
| Total liabilities | $10.2M | $9.2M | |
| Common Stock, Value, Issued | $8.0K | $7.6K | |
| Additional paid-in capital | $69.9M | $69.4M | |
| Treasury stock, at cost (359,250 shares as of December 31, 2025, and 2024) | -$1.0M | -$1.0M | |
| Accumulated deficit | -$64.6M | -$50.2M | |
| Total stockholders equity | $4.3M | $18.2M | $19.4M |
| Total liabilities and stockholders equity | $14.4M | $27.3M | |
| Common Stock, Par or Stated Value Per Share | $0.00 | ||
| Common Stock, Shares Authorized | 20.0M shares | ||
| Common Stock, Shares, Issued | 8.3M shares | 8.0M shares | |
| Common Stock, Shares, Outstanding | 8.0M shares | 7.6M shares | |
| Treasury Stock, Common, Shares | 359.2K shares | 359.2K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$14.4M | -$2.2M |
| Stock-based compensation | $669.2K | $1.1M |
| Depreciation and amortization | $1.3M | $1.1M |
| Deferred tax expenses (benefits) | $10.7M | -$551.0K |
| Amortization of debt discount | $14.6K | $8.8K |
| Amortization of operating lease ROU asset | $517.5K | $492.2K |
| Accounts receivable | -$123.0K | $111.6K |
| Inventories | $720.7K | $467.5K |
| Prepaid expenses and other current assets | -$117.7K | $10.0K |
| Other assets | -$22.3K | -$13.9K |
| Accounts payable and accrued expenses | $11.5K | -$307.1K |
| Accrued payroll and related expenses | $34.4K | $98.8K |
| Net deferred revenue on shipments to distributors | -$36.2K | -$253.5K |
| Deferred service revenue | -$2.5K | -$2.0K |
| Net change in operating lease liability | -$528.0K | -$483.6K |
| Net cash used in operating activities | -$1.2M | -$521.5K |
| Purchases of PP&E including software and website development | -$537.1K | -$788.3K |
| Proceeds from tenant improvements allowance | $72.8K | |
| Net cash used in investing activities | -$537.1K | -$715.5K |
| Proceeds from subordinated convertible notes payable | $1.2M | $973.8K |
| Proceeds from subordinated convertible notes payable related party | $250.0K | $973.8K |
| Acquisition of common stock for tax withholding obligations | -$172.5K | -$95.2K |
| Proceeds from stock options exercised | $23.8K | |
| Net cash provided by financing activities | $1.3M | $902.3K |
| Net decrease in cash and cash equivalents | -$459.5K | -$334.7K |
| Cash paid for interest | $488.9K | $366.5K |
No quarter-by-quarter statement was filed.
Leadership
Who has led SOCKET MOBILE, INC., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
- Chief executive officerDavid A. Holmes Aug 25, 2026 to now11
- Chief executive officerKevin J. Mills Feb 21, 2006 to Aug 25, 202612
- PresidentKevin J. Mills Feb 21, 2006 to now12
- Chief financial officerLynn Zhao Sep 4, 2019 to now13
- Chief financial officerDavid W. Dunlap Feb 21, 2006 to Feb 19, 201914
Board members and other officers (32)
- VP & Chief Technology OfficerEric Glaenzer Aug 21, 2024 to now15
- Chief Business OfficerDavid A. Holmes May 26, 2021 to now16
- Vice President and ControllerLynn Zhao May 4, 2018 to Feb 19, 201917
- VP Marketing & Business Dev.James Lopez Oct 6, 2014 to May 4, 201818
- Senior VP Worldwide SalesCharles Gary Furedy Aug 25, 2009 to Jun 3, 201019
- Vice President of EngineeringThomas Lynn Noggle Feb 20, 2008 to Feb 20, 200820
- Vice President and ControllerLee Baillif Feb 27, 2007 to Sep 1, 202021
- Senior VP of WW Sales & MktgRobert Charles Zink Apr 6, 2007 to Feb 25, 200922
- Vice President Worldwide SalesKevin Scheier Jan 4, 2006 to Sep 15, 200623
- Chief Technical OfficerLeonard L. Ott Feb 21, 2006 to now24
- Exec. VP Business DevelopmentMicheal L. Gifford Feb 21, 2006 to Jul 10, 201325
- Vice President of MarketingPeter Phillips Feb 21, 2006 to Feb 28, 200726
- Board memberDavid A. Holmes Aug 25, 2026 to now11
- Board memberFelix Marx Jun 26, 2025 to now27
- Board memberAlexis Hartmann Aug 21, 2024 to Aug 23, 202428
- Board memberLaura Weinstein Aug 3, 2022 to Jun 8, 202329
- Board memberLynn Zhao Mar 2, 2020 to now30
- Board memberIvan Lazarev Oct 25, 2019 to now31
- Board memberWilliam L. Parnell Jr. Aug 1, 2017 to now32
- Board memberDavid W. Dunlap Feb 24, 2016 to Aug 3, 202233
- Board memberBrenton Earl Macdonald Jun 20, 2016 to now34
- Board memberNelson C. Chan Oct 5, 2016 to May 24, 201935
- Board memberErik L. Fidel Jun 13, 2013 to Apr 29, 201436
- Board memberKevin R. Jost Jun 14, 2013 to Jul 30, 201337
- Board memberCharles C. Emery Jr. May 7, 2010 to May 12, 201638
- Board memberThomas O. Miller Feb 19, 2008 to Aug 7, 201239
- Board memberEnzo Torresi Jan 3, 2006 to May 1, 200940
- Board memberGianluca Rattazzi Jan 3, 2006 to Apr 24, 200841
- Board memberLeon Malmed Jan 3, 2006 to Sep 10, 201342
- Board memberPeter Sealey Jan 3, 2006 to May 12, 201643
- Board memberKevin J. Mills Feb 21, 2006 to now12
- Board memberMicheal L. Gifford Feb 21, 2006 to May 3, 201325
Former names
- SOCKET COMMUNICATIONS INCDec 2, 1996 to Mar 13, 20082
Timeline
Filings
300 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 45 major events, 191 insider forms, 12 large holders, 3 private raises, 28 other. The latest 20:
- Aug 28, 20268-K EDGAR
- Aug 25, 20264 PRIMARY DOCUMENT EDGAR
- Aug 25, 20264 PRIMARY DOCUMENT EDGAR
- Aug 25, 20264 PRIMARY DOCUMENT EDGAR
- Aug 25, 20264 PRIMARY DOCUMENT EDGAR
- Aug 13, 202610-Q EDGAR
- Aug 12, 20264 PRIMARY DOCUMENT EDGAR
- Aug 11, 20264 PRIMARY DOCUMENT EDGAR
- Aug 11, 20263 PRIMARY DOCUMENT EDGAR
- Aug 10, 2026SCHEDULE 13D/A EDGAR
- Aug 10, 20264 PRIMARY DOCUMENT EDGAR
- Aug 10, 20264 PRIMARY DOCUMENT EDGAR
- Aug 10, 20264 PRIMARY DOCUMENT EDGAR
- Aug 7, 20268-K EDGAR
- Aug 6, 2026SCHEDULE 13D/A EDGAR
- Aug 5, 20268-K EDGAR
- Jul 30, 20268-K EDGAR
- Jul 17, 20268-K EDGAR
- Jul 15, 20268-K EDGAR
- Jun 16, 20264 PRIMARY DOCUMENT EDGAR
The 300 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last three years, summarized. The full record is on SEC EDGAR.
Insider trades and holders
Large holders
Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 12 such filings since October 2021, the latest 10:
- Aug 10, 2026SCHEDULE 13D/A
- Aug 6, 2026SCHEDULE 13D/A
- Mar 31, 2026SCHEDULE 13D/A
- Oct 15, 2025SCHEDULE 13D/A
- Oct 15, 2025SCHEDULE 13D/A
- Jun 12, 2025SCHEDULE 13D
- Jun 5, 2025SCHEDULE 13D/A
- Jun 3, 2025SCHEDULE 13D/A
- Aug 27, 2024SC 13D
- Aug 23, 2024SC 13D/A
From Forms 4 and Schedules 13D and 13G filed with the SEC.
Money raised
Private offerings the company reported to the SEC on Form D.
- Mar 27, 2026Raised $500,000 in a private offering of debt Form D: 3 investors so far Form D
- May 30, 2025Raised $1.5 million in a private offering of debt Form D: 10 investors so far Form D
- Aug 21, 2024Raised $1 million in a private offering of debt Form D: named in the filing: William Parnell, Eric Glaenzer, CHARLIE BASS Form D
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Mv Capital Management, Inc. | 105,560 | $63.6K | 0.0% | +4,000 |
| LPL Financial LLC | 50,425 | $30.4K | 0.0% | −300 |
| Vanguard Capital Management LLC | 46,130 | $27.8K | 0.0% | No change |
| Geode Capital Management, LLC | 30,005 | $18.1K | 0.0% | −31,528 |
| UBS Group AG | 27,343 | $16.5K | 0.0% | +26,162 |
| Renaissance Technologies LLC | 26,700 | $16.1K | 0.0% | +100 |
| State Street Corp | 23,600 | $14.2K | 0.0% | No change |
| Two Sigma Securities, LLC | 19,560 | $11.8K | 0.0% | New |
| Susquehanna International Group, Llp | 18,402 | $11.1K | 0.0% | −13,983 |
| Vanguard Fiduciary Trust Co | 17,996 | $10.9K | 0.0% | −3,024 |
| Tower Research Capital LLC (TRC) | 3,563 | $2.1K | 0.0% | No change |
| Geneos Wealth Management Inc. | 1,000 | $600 | 0.0% | No change |
| Vanguard Global Advisers, LLC | 724 | $437 | 0.0% | No change |
| Continuum Advisory, LLC | 500 | $301 | 0.0% | New |
| SBI Securities Co., Ltd. | 362 | $218 | 0.0% | +5 |
| Osaic Holdings, Inc. | 300 | $180 | 0.0% | No change |
| Virtu Financial LLC | 50,564 | $30 | 0.0% | New |
| NewEdge Advisors, LLC | 35 | $21 | 0.0% | No change |
| Acadian Asset Management LLC | 29,655 | $17 | 0.0% | −16,020 |
| Morgan Stanley | 13 | $8 | 0.0% | No change |
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 13SEC EDGARLynn Zhao, Chief financial officer
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- 27SEC EDGARFelix Marx, Board member
- 28SEC EDGARAlexis Hartmann, Board member
- 29SEC EDGARLaura Weinstein, Board member
- 30SEC EDGARLynn Zhao, Board member
- 31SEC EDGARIvan Lazarev, Board member
- 32SEC EDGARWilliam L. Parnell Jr., Board member
- 33SEC EDGARDavid W. Dunlap, Board member
- 34SEC EDGARBrenton Earl Macdonald, Board member
- 35SEC EDGARNelson C. Chan, Board member
- 36SEC EDGARErik L. Fidel, Board member
- 37SEC EDGARKevin R. Jost, Board member
- 38SEC EDGARCharles C. Emery Jr., Board member
- 39SEC EDGARThomas O. Miller, Board member
- 40SEC EDGAREnzo Torresi, Board member
- 41SEC EDGARGianluca Rattazzi, Board member
- 42SEC EDGARLeon Malmed, Board member
- 43SEC EDGARPeter Sealey, Board member
- 44