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Sonim Technologies Stock Price, News & Analysis

SONM NASDAQ

Company Description

Sonim Technologies, Inc. (NASDAQ: SONM) is a U.S.-based provider of rugged and ultra-rugged mobile solutions designed for users who need durable, reliable communications in demanding environments. According to company disclosures and recent filings, Sonim focuses on phones, wireless internet data devices, accessories, and software that offer extra protection for users in work and everyday settings where conventional consumer devices may not be sufficient.

Sonim’s products are described in its public communications as being trusted by first responders, government agencies, and Fortune 500 customers. The company states that it sells its ruggedized mobility solutions through tier one wireless carriers and distributors in North America, EMEA, and Australia/New Zealand. Its devices and accessories are positioned to connect users with voice, data, workflow, and lifestyle applications while providing an additional level of physical protection.

Rugged mobile solutions and target users

Across multiple press releases, Sonim characterizes itself as a provider of rugged mobile solutions for first responders, government, and enterprise. Its portfolio includes:

  • Rugged and ultra-rugged mobile phones and smartphones designed for mission-critical and field use.
  • Wireless internet data devices, including mobile hotspots that support high-power user equipment (HPUE) configurations.
  • Accessories such as chargers, mounts, audio peripherals, and other industrial-grade add-ons intended to support deployment in harsh or safety-sensitive environments.
  • Software offerings, including tools for deployment, management, and productivity, referenced in company descriptions as SonimWare and related suites.

Press releases emphasize that Sonim’s devices are engineered for mission-critical professionals, including public safety personnel, government agencies, and enterprise field workers in sectors such as construction, utilities, transportation, logistics, manufacturing, and other high-impact environments. The company highlights features such as durability, environmental resistance, loud audio, and dedicated controls for push-to-talk and emergency functions in its product communications.

Carrier and geographic channels

Sonim’s public statements indicate that it works with tier one wireless carriers in several regions. The company reports that it sells ruggedized mobility solutions through carrier and distributor channels in North America, EMEA, and Australia/New Zealand. Specific press releases reference launches and availability of Sonim devices on major U.S. carriers and on carriers in Canada and Europe, illustrating the company’s reliance on carrier partnerships as a primary go-to-market route.

Sonim also notes participation in specialized public safety and mission-critical programs, such as solutions certified for use on networks designed for first responders. These relationships are presented as part of its strategy to serve customers whose communications needs extend beyond typical consumer use cases.

Business model and revenue characteristics

Based on prior descriptions and filings, Sonim generates revenue from the sale of mobile phones, wireless data devices, accessories, and related software and tools. Earlier company descriptions also reference revenue impacts from discounts, price protection, and customer incentives, indicating that commercial terms with carrier and distributor partners can influence reported revenue.

Financial filings and earnings releases show that Sonim reports net revenues from product sales and discusses factors such as product launches, carrier certifications, and the timing of shipments as drivers of quarterly performance. The company has also disclosed the use of non-GAAP measures such as Adjusted EBITDA to provide an additional view of operating performance, while noting the limitations of such measures.

Strategic transition to DNA X and asset sale to NEXA

Recent news and SEC filings describe a significant strategic transition for Sonim. On July 17, 2025, the company entered into an asset purchase agreement under which a buyer affiliated with Social Mobile (later referenced as NEXA Mobility or NEXA) agreed to acquire substantially all assets of Sonim’s enterprise 5G solutions and rugged mobility business, including assets related to rugged mobile phones and hotspot products, for a cash purchase price with a potential earn-out, subject to customary adjustments and closing conditions.

Subsequent filings and press releases report that:

  • Sonim and NEXA amended and advanced the asset purchase agreement through 2025, including an amendment filed on November 24, 2025, that, among other changes, removed references to a previously contemplated reverse merger transaction and added Sonim’s German subsidiary to the acquired entities list.
  • On December 30, 2025, Sonim stockholders approved the asset sale at a special meeting, authorizing the company to complete the sale of substantially all assets related to its rugged mobile phone and hotspot business to NEXA.
  • A December 31, 2025 press release states that the transaction is expected to close in January 2026, subject to customary closing conditions, and that following closing, NEXA will acquire Sonim’s brand and rugged device portfolio and will continue to manufacture, market, and sell Sonim-branded rugged mobile phones and mobile broadband products.

The same December 31, 2025 press release explains that, upon completion of the sale, the public company will rebrand and shift its strategic focus to DNA X, a crypto trading platform business acquired by Sonim in December 2025. DNA X is described as operating a decentralized finance (DeFi) protocol that automates trading on decentralized exchanges, including recurring and limit orders. Sonim states that it expects to change its name to “DNA X, Inc.” and begin trading under a new Nasdaq ticker symbol “DNAX” within 30 days after consummation of the asset sale.

As a result, the SONM ticker and Sonim Technologies, Inc. entity represent a company in transition: historically associated with rugged mobile devices and related solutions, and, following the closing of the asset sale, expected to be focused on a DeFi-oriented crypto trading platform business under the DNA X brand. The rugged mobility business and Sonim brand for devices are expected to be operated by NEXA as a privately held company, while the public company continues independently with a different line of business.

Headquarters and listing

Sonim’s public disclosures state that the company is headquartered in San Diego, California. Its common stock is listed on the Nasdaq Capital Market under the symbol SONM, with filings noting that the company has addressed Nasdaq listing requirements through actions such as a reverse stock split and capital transactions. Regulatory filings also describe deficiency notices and extensions related to minimum bid price and stockholders’ equity requirements, along with the company’s efforts to regain and maintain compliance.

Corporate actions and capital structure developments

In 2025, Sonim reported several notable corporate and capital structure actions in SEC filings:

  • Reverse stock split: Stockholders approved, and the board implemented, a reverse stock split of the company’s common stock at a ratio of 1-for-18, effective October 27, 2025. The purpose, as described in filings, was to increase the per-share market price to help regain compliance with Nasdaq’s minimum bid price requirement.
  • Authorized share increase: At an October 16, 2025 special meeting, stockholders approved an increase in authorized common shares from 100,000,000 to 1,000,000,000, as reflected in a certificate of amendment filed with the Delaware Secretary of State.
  • Committed equity facility: On September 29, 2025, Sonim entered into a committed equity facility with Chardan Capital Markets LLC, allowing the company, at its option and subject to conditions, to sell newly issued common shares up to a specified cap over time. A related S-1 registration statement and amendment describe the mechanics of this facility and note that proceeds may be used, among other purposes, to prepay a promissory note and to support working capital and general corporate purposes.
  • Convertible note and DNA X acquisition: A December 18, 2025 Form 8-K describes a securities purchase agreement and convertible promissory note with DNA Holdings Venture, Inc., and a membership interest purchase agreement under which Sonim acquired 100% of the membership interests in DNA X LLC in exchange for shares of Sonim common stock. DNA X is described as being engaged in the DNAX DeFi on-chain trading protocol business.

These actions, together with the asset sale to NEXA, illustrate a period of significant restructuring and strategic repositioning for the company associated with the SONM ticker.

Company status and future orientation

Based on the most recent news and filings provided, Sonim Technologies, Inc. remains a public company headquartered in San Diego, California and listed on the Nasdaq Capital Market as SONM during the described period. The company has obtained stockholder approval to sell substantially all assets related to its rugged mobility business to NEXA and has outlined plans to rebrand as DNA X, Inc. and focus on a DeFi-based crypto trading platform business following the closing of that transaction.

Investors researching SONM should recognize that:

  • Historically, SONM has been associated with rugged mobile devices, hotspots, and related accessories and software, sold through carrier and distributor channels to mission-critical and enterprise customers.
  • Following the asset sale closing, the rugged mobility operations and Sonim-branded devices are expected to be operated by NEXA, a privately held company, while the public company transitions to a different business model centered on the DNA X DeFi trading protocol.
  • The company has undertaken multiple capital structure and listing-compliance measures, including a reverse stock split, authorized share increase, and equity and debt financing arrangements, as detailed in its SEC filings.

All of these elements are documented in the company’s press releases and SEC filings and collectively define the evolving profile of Sonim Technologies, Inc. for users reviewing the SONM stock overview.

Stock Performance

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Last updated:
-90.35%
Performance 1 year

Financial Highlights

$15,022,000
Revenue (TTM)
-$2,512,000
Net Income (TTM)
-$417,000
Operating Cash Flow

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Frequently Asked Questions

What is the current stock price of Sonim Technologies (SONM)?

The current stock price of Sonim Technologies (SONM) is $4.915 as of February 4, 2026.

What is the market cap of Sonim Technologies (SONM)?

The market cap of Sonim Technologies (SONM) is approximately 8.0M. Learn more about what market capitalization means .

What is the revenue (TTM) of Sonim Technologies (SONM) stock?

The trailing twelve months (TTM) revenue of Sonim Technologies (SONM) is $15,022,000.

What is the net income of Sonim Technologies (SONM)?

The trailing twelve months (TTM) net income of Sonim Technologies (SONM) is -$2,512,000.

What is the earnings per share (EPS) of Sonim Technologies (SONM)?

The diluted earnings per share (EPS) of Sonim Technologies (SONM) is -$0.52 on a trailing twelve months (TTM) basis. Learn more about EPS .

What is the operating cash flow of Sonim Technologies (SONM)?

The operating cash flow of Sonim Technologies (SONM) is -$417,000. Learn about cash flow.

What is the profit margin of Sonim Technologies (SONM)?

The net profit margin of Sonim Technologies (SONM) is -16.72%. Learn about profit margins.

What is the operating margin of Sonim Technologies (SONM)?

The operating profit margin of Sonim Technologies (SONM) is -15.82%. Learn about operating margins.

What is the gross margin of Sonim Technologies (SONM)?

The gross profit margin of Sonim Technologies (SONM) is 28.17%. Learn about gross margins.

What is the current ratio of Sonim Technologies (SONM)?

The current ratio of Sonim Technologies (SONM) is 1.05, indicating the company's ability to pay short-term obligations. Learn about liquidity ratios.

What is the gross profit of Sonim Technologies (SONM)?

The gross profit of Sonim Technologies (SONM) is $4,232,000 on a trailing twelve months (TTM) basis.

What is the operating income of Sonim Technologies (SONM)?

The operating income of Sonim Technologies (SONM) is -$2,376,000. Learn about operating income.

What does Sonim Technologies, Inc. do?

Sonim Technologies, Inc. describes itself as a U.S. provider of rugged and ultra-rugged mobile solutions, including phones, wireless internet data devices, accessories, and software designed to provide extra protection for users who need durable communications in demanding work and everyday environments.

Who are the primary customers for Sonim’s rugged mobile solutions?

In its public communications, Sonim states that its ruggedized mobility solutions are trusted by first responders, government agencies, and Fortune 500 customers, and that it serves mission-critical professionals and enterprise field workers through tier one wireless carriers and distributors.

How does Sonim bring its products to market?

Sonim reports that it sells ruggedized mobility solutions through tier one wireless carriers and distributors in North America, EMEA, and Australia/New Zealand. Press releases describe product launches and certifications with major carrier partners as key milestones for its devices.

Where is Sonim Technologies headquartered and where is its stock listed?

Company disclosures state that Sonim Technologies is headquartered in San Diego, California. Its common stock is listed on the Nasdaq Capital Market under the ticker symbol SONM, with filings discussing actions taken to maintain compliance with Nasdaq listing requirements.

What is the asset sale between Sonim and NEXA?

According to an asset purchase agreement described in SEC filings and press releases, a buyer affiliated with Social Mobile, later referenced as NEXA, agreed to acquire substantially all assets of Sonim’s enterprise 5G solutions and rugged mobility business, including assets related to rugged phones and hotspots, for a cash purchase price subject to adjustments and a potential earn-out, pending customary closing conditions.

What will happen to the Sonim brand and rugged device portfolio after the asset sale?

A December 31, 2025 press release states that following the closing of the asset sale, NEXA, a privately held company, will acquire Sonim’s brand and rugged device portfolio and will continue to manufacture, market, and sell Sonim-branded rugged mobile phones and mobile broadband products as part of its enterprise mobility solutions.

What is DNA X and how is it related to Sonim?

A December 18, 2025 Form 8-K reports that Sonim acquired 100% of the membership interests in DNA X LLC, which is engaged in the DNAX DeFi on-chain trading protocol business. A December 31, 2025 press release further explains that DNA X operates a decentralized finance protocol that automates trading on decentralized exchanges, including recurring and limit orders.

How is Sonim changing its business focus?

Sonim has stated that, upon completion of the asset sale of its rugged mobility business to NEXA, the public company will rebrand and focus exclusively on DNA X, the crypto trading platform it acquired in December 2025. The company expects to change its name to DNA X, Inc. and to begin trading under a new Nasdaq ticker symbol DNAX within a specified period after the asset sale closes.

Does Sonim still operate its rugged phone and hotspot business after the asset sale?

Based on the company’s December 31, 2025 press release, the asset sale authorizes Sonim to sell substantially all assets related to its rugged mobile phone and hotspot business to NEXA. After closing, NEXA is expected to own and operate the Sonim brand and rugged device portfolio, while the public company focuses on the DNA X crypto trading platform business.

What steps has Sonim taken to address Nasdaq listing requirements?

SEC filings describe that Sonim received Nasdaq deficiency letters related to minimum bid price and stockholders’ equity requirements. In response, the company obtained stockholder approval for a reverse stock split and implemented a 1-for-18 reverse split effective October 27, 2025, and also increased its authorized common shares. A November 13, 2025 Form 8-K notes that Nasdaq staff determined the company had regained compliance with the minimum bid price requirement after the reverse split.

How has Sonim raised capital during its transition period?

Filings indicate that Sonim entered into a committed equity facility with Chardan Capital Markets LLC, allowing the company, at its discretion and subject to conditions, to sell newly issued common shares up to a specified cap over time. The company also issued promissory notes, including a convertible note to DNA Holdings Venture, Inc., and reported raising proceeds from equity offerings and debt issuances in its quarterly financial releases.

What should investors know about the SONM ticker going forward?

The SONM ticker historically represents Sonim Technologies, Inc., a rugged mobile solutions provider. Company communications state that, following the closing of the asset sale to NEXA, the public company intends to rebrand as DNA X, Inc. and focus on a DeFi-based crypto trading platform, with an expected change of ticker symbol to DNAX within a defined period after the transaction closes.