Every 10-Q that Socket Mobile, Inc. New (SCKT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SCKT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SCKT filings page.
Socket Mobile, Inc. reported weaker results for the quarter ended June 30, 2026. Quarterly revenue was $3.03 million, down 25% from $4.04 million a year earlier, with six‑month revenue of $6.73 million, down 16%. Gross margin was 46.4% in the quarter versus 49.9% a year ago, reflecting underutilized manufacturing capacity.
The company recorded a Q2 net loss of $1.35 million ($0.16 per share), widening from $0.79 million, and a six‑month net loss of $2.25 million. Operating expenses declined in research and development and sales and marketing, but general and administrative costs rose. Cash used in operating activities improved to $0.63 million in the first half versus $1.20 million in 2025.
Liquidity remains tight: cash was $1.61 million at June 30, 2026, while total liabilities were $9.99 million and stockholders’ equity declined to $2.38 million from $4.28 million at year‑end. Subordinated convertible notes outstanding totaled about $5.84 million at 10% interest. The company’s bank reduced its credit line to $1.0 million and has repeatedly waived covenant defaults, while imposing a $1.0 million minimum cash requirement. Nasdaq notified Socket Mobile on May 19, 2026 that its share price no longer meets the $1.00 minimum bid rule, granting until November 16, 2026 to regain compliance.
Socket Mobile reported Q1 2026 revenue of $3.7 million, down about 7% from $4.0 million a year earlier, as demand softened in both U.S. and international markets. Gross margin edged up to 51.3%, reflecting cost control despite lower volume. The company posted a net loss of $0.9 million, slightly better than the prior-year loss of $1.0 million, and used $0.77 million of cash in operating activities. Cash and equivalents were $1.71 million at March 31, 2026, while current liabilities totaled $8.78 million, including $6.0 million of 10% secured subordinated convertible notes outstanding. A January 2026 bank amendment waived prior covenant defaults, cut the domestic credit line to $1.0 million, imposed a $1.0 million minimum cash balance, and extended the facility maturity to July 31, 2026. The company continues to invest in its XtremeScan, SocketCam, DuraScan, SocketScan and DuraSled product families and relies heavily on a few large distributors for sales and credit exposure.
Socket Mobile (SCKT) reported a softer quarter with continued losses. Q3 2025 revenue was $3,106,842, down from $3,872,336 a year ago, as distributors reduced channel inventory and some customer deployments were delayed. Gross margin was 47.7%, modestly lower year over year. The quarter ended with a net loss of $1,198,050 and interest expense of $140,063.
For the first nine months, revenue was $11,114,501 versus $13,931,531 last year, with a net loss of $2,984,331. Operating cash outflow was $1,600,226. Cash and cash equivalents were $2,015,749, and stockholders’ equity totaled $15,660,512. The company had no borrowings on its $3.0 million domestic credit line renewed on April 21, 2025, while subordinated convertible notes payable included $5,079,361 to related parties and $400,000 to non‑related holders as current liabilities. Common shares outstanding were 7,976,462 as of November 3, 2025.
Socket Mobile reported Q2 2025 revenue of $4,041,739, a 20% decline from $5,081,398 a year earlier, which the company attributes to softer customer demand and distributor inventory slowdowns related to tariff concerns. Gross margin remained near 50% at 49.9% versus 50.9% a year ago. The company recorded a quarterly net loss of $792,141 and a six-month net loss of $1,786,281, with an operating loss of $677,355 in Q2.
Cash and cash equivalents were $2,605,332 at June 30, 2025. Net cash used in operating activities for the first half was $1,197,411. The company raised $1,500,000 of secured subordinated convertible notes in H1 2025 (including $1,250,000 from related parties), contributing to higher current liabilities. Deferred tax assets totaled $10,663,419. The filing highlights concentration risks: BlueStar accounted for 34% of Q2 revenue and purchase commitments for inventory totaled $2,856,000.