NASDAQ : SCKT
Socket Mobile, Inc. — Financial statements
Technology · Computer Hardware · United States
Last price 0.3322 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 2.75M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Socket Mobile, Inc. (SCKT) reported revenue of 13.80M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 13.80M | 15.08M | 18.76M | 17.03M | 21.24M | 23.20M |
| Cost of Revenue | 7.03M | 7.59M | 9.31M | 8.57M | 10.87M | 10.76M |
| Gross Profit | 6.78M | 7.49M | 9.45M | 8.46M | 10.37M | 12.44M |
| Selling, General & Admin | 6.12M | 6.36M | 7.19M | 6.75M | 6.45M | 5.77M |
| Research & Development | 4.26M | 4.35M | 4.72M | 4.83M | 4.36M | 3.96M |
| Operating Expenses | 10.38M | 10.71M | 11.91M | 11.58M | 10.81M | 9.74M |
| Operating Income | -3.60M | -3.22M | -2.46M | -3.12M | -446.02K | 2.70M |
| Interest Expense | -578.61K | -502.94K | -336.49K | -262.10K | -175.05K | -198.94K |
| Interest & Investment Income | 6.35K | 6.35K | 5.64K | 19.94K | ||
| Other Non Operating Income (Expenses) | 65.08K | |||||
| EBT Excluding Unusual Items | -4.17M | -3.72M | -2.79M | -3.36M | -621.07K | 2.56M |
| Pretax Income | -4.17M | -3.72M | -2.79M | -3.36M | -621.07K | 2.56M |
| Income Tax Expense | 10.66M | 10.66M | -551.00K | -1.44M | -708.00K | -1.90M |
| Net Income | -14.84M | -14.38M | -2.24M | -1.92M | 86.93K | 4.47M |
| Preferred Dividends & Other Adjustments | 8.82K | 380.55K | ||||
| Net Income to Common | -14.84M | -14.38M | -2.24M | -1.92M | 78.11K | 4.09M |
| Shares Outstanding (Basic) | 8.08M | 7.93M | 7.56M | 7.23M | 7.18M | 6.99M |
| Shares Outstanding (Diluted) | 8.08M | 7.93M | 7.56M | 7.23M | 7.53M | 8.92M |
| EPS (Basic) | -1.84 | -1.81 | -0.30 | -0.27 | 0.01 | 0.58 |
| EPS (Diluted) | -1.84 | -1.81 | -0.30 | -0.27 | 0.01 | 0.48 |
| Free Cash Flow | -1.18M | -1.79M | -1.31M | -2.12M | -1.29M | 1.45M |
| Free Cash Flow Per Share | -0.15 | -0.23 | -0.17 | -0.29 | -0.17 | 0.16 |
| Gross Margin | 49.10% | 49.66% | 50.37% | 49.68% | 48.81% | 53.61% |
| Operating Margin | -26.10% | -21.34% | -13.12% | -18.32% | -2.10% | 11.63% |
| Profit Margin | -107.49% | -95.36% | -11.95% | -11.27% | 0.37% | 17.61% |
| Free Cash Flow Margin | -8.53% | -11.85% | -6.98% | -12.42% | -6.10% | 6.26% |
| EBITDA | -2.40M | -1.89M | -1.37M | -2.21M | 276.07K | 3.41M |
| EBITDA Margin | -17.36% | -12.54% | -7.32% | -12.95% | 1.30% | 14.71% |
| D&A For EBITDA | 1.21M | 1.33M | 1.09M | 915.18K | 722.09K | 715.59K |
| EBIT | -3.60M | -3.22M | -2.46M | -3.12M | -446.02K | 2.70M |
| EBIT Margin | -26.10% | -21.34% | -13.12% | -18.32% | -2.10% | 11.63% |
| Advertising Expenses | 24.12K | 29.37K | 23.83K | 31.15K | 13.63K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.61M | 2.03M | 2.49M | 2.83M | 3.62M | 6.10M |
| Cash & Short-Term Investments | 1.61M | 2.03M | 2.49M | 2.83M | 3.62M | 6.10M |
| Receivables | 1.17M | 1.71M | 1.59M | 1.70M | 2.66M | 2.58M |
| Inventory | 3.82M | 4.44M | 5.05M | 5.53M | 5.80M | 5.29M |
| Prepaid Expenses | 547.54K | 324.35K | 317.38K | 316.99K | 420.68K | 263.53K |
| Other Current Assets | 110.76K | 122.48K | 142.94K | 322.58K | 266.33K | 158.98K |
| Total Current Assets | 7.25M | 8.64M | 9.60M | 10.70M | 12.77M | 14.38M |
| Property, Plant & Equipment | 3.59M | 4.21M | 5.39M | 6.12M | 5.22M | 1.28M |
| Other Intangible Assets | 1.24M | 1.30M | 1.43M | 1.56M | 1.69M | 1.81M |
| Long-Term Deferred Tax Assets | 10.66M | 10.11M | 8.67M | 7.96M | ||
| Other Long-Term Assets | 285.91K | 285.91K | 263.63K | 249.72K | 250.24K | 140.28K |
| Total Assets | 12.37M | 14.44M | 27.35M | 28.74M | 28.60M | 25.58M |
| Accounts Payable | 1.18M | 1.31M | 1.30M | 1.61M | 1.67M | 2.17M |
| Accrued Expenses | 552.35K | 713.21K | 678.77K | 579.97K | 742.54K | 692.99K |
| Short-Term Debt | 5.84M | 5.48M | 3.97M | 2.99M | 1.38M | 1.34M |
| Current Portion of Long-Term Debt | 125.00K | 500.00K | ||||
| Current Portion of Leases | 597.70K | 575.17K | 532.03K | 483.16K | 444.53K | 258.10K |
| Current Unearned Revenue | 346.92K | 353.96K | 410.43K | 845.55K | 617.39K | 424.36K |
| Total Current Liabilities | 8.52M | 8.44M | 6.89M | 6.50M | 4.97M | 5.39M |
| Long-Term Debt | 125.00K | |||||
| Long-Term Leases | 1.41M | 1.71M | 2.28M | 2.81M | 3.29M | |
| Long-Term Unearned Revenue | 59.67K | 10.17K | 12.84K | 12.81K | 11.77K | 14.28K |
| Total Liabilities | 9.99M | 10.16M | 9.19M | 9.32M | 8.28M | 5.53M |
| Common Stock | 8.27K | 7.98K | 7.61K | 7.34K | 7.09K | 7.18K |
| Additional Paid-In Capital | 70.21M | 69.86M | 69.37M | 68.38M | 67.16M | 66.14M |
| Retained Earnings | -66.80M | -64.55M | -50.17M | -47.93M | -46.01M | -46.10M |
| Treasury Stock | -1.04M | -1.04M | -1.04M | -1.04M | -829.56K | |
| Shareholders' Equity | 2.38M | 4.28M | 18.16M | 19.42M | 20.32M | 20.05M |
| Total Liabilities & Equity | 12.37M | 14.44M | 27.35M | 28.74M | 28.60M | 25.58M |
| Total Debt | 7.85M | 7.77M | 6.79M | 6.28M | 5.24M | 2.23M |
| Net Cash (Debt) | -6.24M | -5.74M | -4.29M | -3.45M | -1.62M | 3.87M |
| Net Cash Per Share | -0.77 | -0.72 | -0.57 | -0.48 | -0.21 | 0.43 |
| Filing Date Shares Outstanding | 8.29M | 8.22M | 7.95M | 7.55M | 7.12M | 7.27M |
| Total Common Shares Outstanding | 8.27M | 7.98M | 7.61M | 7.34M | 7.09M | 7.18M |
| Working Capital | -1.26M | 200.17K | 2.71M | 4.20M | 7.80M | 8.99M |
| Book Value Per Share | 0.29 | 0.54 | 2.39 | 2.65 | 2.87 | 2.79 |
| Tangible Book Value | 1.14M | 2.97M | 16.73M | 17.86M | 18.63M | 18.23M |
| Tangible Book Value Per Share | 0.14 | 0.37 | 2.20 | 2.43 | 2.63 | 2.54 |
| Machinery | 7.03M | 6.89M | 6.51M | 6.33M | 4.25M | 4.35M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -14.84M | -14.38M | -2.24M | -1.92M | 86.93K | 4.47M |
| Depreciation & Amortization | 1.74M | 1.84M | 1.58M | 1.39M | 1.24M | 1.11M |
| Other Amortization | 14.10K | 14.58K | 8.76K | 32.73K | 76.66K | 76.66K |
| Stock-Based Compensation | 717.87K | 669.20K | 1.05M | 1.16M | 998.69K | 693.42K |
| Other Operating Activities | 10.66M | 10.66M | -551.00K | -1.44M | -708.00K | -1.90M |
| Change in Accounts Receivable | 601.83K | -122.95K | 111.60K | 960.16K | -83.62K | -463.73K |
| Change in Inventory | 1.02M | 720.68K | 467.55K | 192.64K | -447.17K | -1.96M |
| Change in Accounts Payable | -74.46K | 11.51K | -307.07K | -59.80K | -504.03K | 424.57K |
| Change in Unearned Revenue | 36.16K | -38.68K | -255.46K | 172.96K | 83.17K | -55.22K |
| Change in Other Net Operating Assets | -567.39K | -633.45K | -388.72K | -430.12K | -849.83K | -250.36K |
| Operating Cash Flow | -685.32K | -1.25M | -521.49K | 48.56K | -111.42K | 2.14M |
| Capital Expenditures | -491.95K | -537.13K | -788.33K | -2.16M | -1.18M | -691.77K |
| Other Investing Activities | 72.80K | |||||
| Investing Cash Flow | -491.95K | -537.13K | -715.52K | -2.16M | -1.18M | -691.77K |
| Short-Term Debt Issued | 1.50M | 1.95M | 1.58M | |||
| Long-Term Debt Issued | 1.00M | |||||
| Total Debt Issued | 500.00K | 1.50M | 1.95M | 1.58M | 1.00M | |
| Short-Term Debt Repaid | -125.00K | |||||
| Long-Term Debt Repaid | -500.00K | -375.00K | ||||
| Total Debt Repaid | -150.00K | -125.00K | -500.00K | -375.00K | ||
| Net Debt Issued (Repaid) | 350.00K | 1.50M | 1.95M | 1.46M | -500.00K | 625.00K |
| Issuance of Common Stock | 23.75K | 212.81K | 151.75K | 1.90M | ||
| Repurchase of Common Stock | -172.54K | -172.54K | -95.20K | -351.80K | -829.56K | -2.94K |
| Other Financing Activities | -973.80K | |||||
| Financing Cash Flow | 177.46K | 1.33M | 902.34K | 1.32M | -1.18M | 2.52M |
| Net Cash Flow | -999.81K | -459.50K | -334.67K | -796.84K | -2.47M | 3.97M |
| Free Cash Flow | -1.18M | -1.79M | -1.31M | -2.12M | -1.29M | 1.45M |
| Free Cash Flow Margin | -8.53% | -11.85% | -6.98% | -12.42% | -6.10% | 6.26% |
| Free Cash Flow Per Share | -0.15 | -0.23 | -0.17 | -0.29 | -0.17 | 0.16 |
| Levered Free Cash Flow | 887.62K | 155.15K | 231.67K | -423.63K | -381.84K | 1.34M |
| Unlevered Free Cash Flow | 1.24M | 454.90K | 433.21K | -285.29K | -305.52K | 1.44M |
| Free Cash Flow After Leases | -1.18M | -1.79M | -1.31M | -2.12M | -1.29M | 1.45M |
| Cash Interest Paid | 558.77K | 488.85K | 366.49K | 207.51K | 160.94K | 176.09K |
| Cash Income Tax Paid | 6.29K | |||||
| Change in Working Capital | 1.02M | -62.89K | -372.09K | 835.85K | -1.80M | -2.30M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 2.75M | 8.14M | 10.12M | 8.49M | 13.85M | 29.29M |
| Enterprise Value | 9.00M | 14.02M | 14.12M | 11.79M | 15.07M | 26.41M |
| Last Close Price | 0.33 | 1.02 | 1.33 | 1.16 | 1.93 | 4.08 |
| PE Ratio | 177.28 | 7.17 | ||||
| Forward PE | 8.35 | 8.35 | 8.35 | 8.35 | 8.35 | |
| PS Ratio | 0.20 | 0.54 | 0.54 | 0.50 | 0.65 | 1.26 |
| PB Ratio | 1.15 | 1.90 | 0.56 | 0.44 | 0.68 | 1.46 |
| P/TBV Ratio | 2.41 | 2.74 | 0.60 | 0.48 | 0.74 | 1.61 |
| P/FCF Ratio | 20.17 | |||||
| P/OCF Ratio | 174.93 | 13.66 | ||||
| PEG Ratio | 0.70 | 0.70 | 0.70 | 0.70 | 0.70 | |
| EV/Sales Ratio | 0.65 | 0.93 | 0.75 | 0.69 | 0.71 | 1.14 |
| EV/EBITDA Ratio | 54.59 | 7.74 | ||||
| EV/EBIT Ratio | 9.79 | |||||
| EV/FCF Ratio | 18.18 | |||||
| Debt / Equity Ratio | 3.29 | 1.82 | 0.37 | 0.32 | 0.26 | 0.11 |
| Debt / EBITDA Ratio | 5.68 | 0.58 | ||||
| Debt / FCF Ratio | 1.53 | |||||
| Net Debt / Equity Ratio | 2.62 | 1.34 | 0.24 | 0.18 | 0.08 | -0.19 |
| Net Debt / EBITDA Ratio | -2.60 | -3.03 | -3.12 | -1.56 | 5.85 | -1.13 |
| Net Debt / FCF Ratio | -5.30 | -3.21 | -3.28 | -1.63 | -1.25 | -2.66 |
| Asset Turnover | 0.70 | 0.72 | 0.67 | 0.59 | 0.78 | 1.13 |
| Inventory Turnover | 1.62 | 1.60 | 1.76 | 1.51 | 1.96 | 2.51 |
| Quick Ratio | 0.33 | 0.44 | 0.59 | 0.70 | 1.26 | 1.61 |
| Current Ratio | 0.85 | 1.02 | 1.39 | 1.65 | 2.57 | 2.67 |
| Return on Equity (ROE) | -155.72% | -128.16% | -11.93% | -9.66% | 0.43% | 28.61% |
| Return on Assets (ROA) | -11.45% | -9.63% | -5.49% | -6.80% | -1.03% | 8.19% |
| Return on Invested Capital (ROIC) | -38.73% | -19.82% | -10.87% | -13.93% | -2.34% | 19.68% |
| Return on Capital Employed (ROCE) | -93.50% | -53.60% | -12.00% | -14.00% | -1.90% | 13.40% |
| Earnings Yield | -552.91% | -176.73% | -22.17% | -22.59% | 0.63% | 15.25% |
| FCF Yield | -42.74% | -21.96% | -12.95% | -24.90% | -9.35% | 4.96% |
| Buyback Yield / Dilution | -4.32% | -4.87% | -4.53% | 4.02% | 15.58% | -47.83% |