Every 8-K 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 8-K covers material events a company has to report between its quarterly 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. (SCKT) disclosed that Nasdaq notified the company on August 24, 2026 that it no longer complies with Nasdaq Listing Rule 5550(b)(1), which requires stockholders’ equity of at least $2.5 million. The notice was based on reported stockholders’ equity of $2,382,624 as of June 30, 2026.
The company also does not meet the alternative continued listing standards requiring a market value of listed securities of at least $35 million or net income from continuing operations of at least $500,000 in the specified periods. SCKT has 45 days, until October 8, 2026, to submit a compliance plan, and Nasdaq may grant up to a 180-day extension if the plan is accepted. The company intends to submit such a plan. The notice has no immediate effect on the listing or trading of SCKT, which continues on the Nasdaq Capital Market.
Socket Mobile, Inc. updated its corporate governance by amending its Amended and Restated Bylaws, effective August 3, 2026. The Board of Directors revised Section 3.9 on special meetings, clarifying who may call such meetings and allowing authorized persons to designate others to provide notice.
The amendment modernizes notice procedures for Board special meetings. Notice may be delivered personally, by courier, telephone, first-class U.S. mail, or electronic transmission. Personal, courier, telephone, electronic, or oral notice must be given at least 24 hours before the meeting, while mailed notice must be deposited at least four days in advance. To the fullest extent permitted by law, notice need not state the meeting place if held at the principal executive office or the meeting’s purpose. The amended Bylaws are included as Exhibit 3.1, reflecting provisions as of August 3, 2026.
Socket Mobile, Inc. reports that its Board of Directors appointed David Holmes, the company’s President and Chief Executive Officer, to serve as a member of the Board, effective August 3, 2026. Holmes has served as President and CEO since June 12, 2026.
The company states there are no arrangements or understandings with any other person related to his appointment and no related-party transactions involving Holmes that require disclosure under Item 404(a) of Regulation S‑K. He will not receive additional compensation for his service as a director beyond his existing CEO and President compensation. A press release dated August 4, 2026 announcing the appointment is included as Exhibit 99.1.
Socket Mobile, Inc. reported GAAP results for the three and six months ended June 30, 2026. Q2 2026 revenue was $3,033 thousand, down from $4,042 thousand in Q2 2025, with six-month revenue of $6,734 thousand versus $8,008 thousand a year earlier. Q2 gross margin was 46.4% compared with 49.9%.
The company recorded a Q2 operating loss of $1,195 thousand and net loss of $1,346 thousand, versus a net loss of $792 thousand in Q2 2025; basic and diluted loss per share was $0.16. As of June 30, 2026, cash was $1,605 thousand, total assets $12,370 thousand, total liabilities $9,987 thousand, and equity $2,383 thousand. Management cited ongoing retail market challenges and continued cost management initiatives.
Socket Mobile, Inc. reports that its Board of Directors approved two amendments to the company’s Amended and Restated Bylaws. On April 29, 2026, Section 3.2 was amended to reduce the authorized number of directors from eight to seven.
On July 13, 2026, Section 3.9 was amended to update notice provisions for special Board meetings, permitting notice by email, other electronic transmission and overnight courier, removing telecopy and telegram references, and clarifying that Board meetings may be held by remote communication where permitted by law.
Socket Mobile, Inc. appointed Brent MacDonald to its Board of Directors, effective July 13, 2026. MacDonald previously served as an independent director from 2016 to 2023, and the Board has determined he again meets Nasdaq’s independence requirements.
He will receive Socket Mobile’s standard non-employee director compensation and enter into the company’s standard form of indemnification agreement. There are no arrangements, family relationships, or related-party transactions associated with his appointment that require disclosure. With his addition, the Board consists of six members, four of whom are independent under Nasdaq listing standards.
Socket Mobile, Inc. reported a leadership change. On June 8, 2026, the Board removed Kevin Mills from his role as President and Chief Executive Officer; he is currently on paid administrative leave while his employment termination date is negotiated.
On June 12, 2026, the Board appointed David A. Holmes, age 51, as the new President and Chief Executive Officer, effective immediately. Holmes has worked at the company since May 2021 as Chief Business Officer and has more than 20 years of experience in Near-Field Communications and mobile payments.
In connection with his promotion, Holmes’ annual base salary increases from $287,000 to $320,000, with other material terms of his employment agreement unchanged from those described in Socket Mobile’s 2026 proxy statement.
Socket Mobile, Inc. reported the results of its 2026 virtual Annual Meeting of Stockholders. Shareholders elected five directors under a plurality voting standard, including Charlie Bass, Kevin J. Mills, Bill Parnell, Ivan Lazarev, and Lynn Zhao.
At the record date, 8,222,958 shares of common stock and 733,194 unvested restricted shares were entitled to one vote each, and 6,352,157 shares, or 70.96% of total shares, were represented, establishing a quorum. Stockholders approved the advisory vote on executive compensation, with 3,650,326 votes for and 81.0% of votes cast in favor, and ratified Sadler, Gibb & Associates LLC as independent public accountants for fiscal year 2026 with 6,330,489 votes for, representing 99.7% of votes cast.
Socket Mobile, Inc. received a Nasdaq deficiency notice because its common stock’s closing bid price stayed below $1.00 per share for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2).
The company has 180 calendar days, until November 16, 2026, to regain compliance by maintaining at least a $1.00 bid price for a minimum of 10 consecutive business days, with Nasdaq staff able to extend this to 20 days. If it fails to regain or maintain compliance, its shares on the Nasdaq Capital Market under symbol “SCKT” could be delisted, which the company warns may materially and adversely affect trading liquidity, market price, access to capital, and overall financial condition.
Socket Mobile, Inc. reported first quarter 2026 results with revenue of $3.7 million, slightly below the prior-year period’s $3.97 million as customers delayed spending. Gross margin was 51.3%, up from 50.4%, reflecting a relatively stable profitability on each dollar of sales.
The company posted a net loss of $0.9 million, modestly improved from a $1.0 million loss a year earlier, with lower operating expenses helping offset softer revenue. Cash totaled $1.71 million as of March 31, 2026, and management highlighted a recent $0.5 million financing intended to support ongoing operations while it launches new products such as the S721 and iPhone 17e-focused solutions.
Socket Mobile, Inc. completed a secured subordinated convertible note financing of $500,000 to increase its working capital. The notes carry a 3-year term, mature on March 27, 2029, and pay 10% annual interest in cash, quarterly.
Investors holding the notes may demand repayment of principal plus interest any time after March 27, 2027, and can choose to convert principal into common stock at $0.90 per share. The notes are secured by company assets and subordinated to debt owed to Western Alliance Bank. Board chairman Charlie Bass participated, with the transaction approved by a special committee of disinterested directors. The securities were sold to accredited investors under private offering exemptions.
Socket Mobile, Inc. entered into a Secured Subordinated Convertible Note Extension Agreement with the requisite holders of its outstanding notes. The agreement extends the maturity date on $1,600,000 of secured subordinated convertible notes from May 26, 2026 to May 26, 2028, while keeping all other terms and conditions unchanged. Certain notes are held by related parties, including Chairman Charlie Bass and director Bill Parnell, so a special committee of disinterested board members reviewed and approved the extension.
Socket Mobile, Inc. reported weaker results for the fourth quarter and full year 2025 while maintaining roughly 50% gross margins. Full-year revenue was $15,078 (amounts in thousands) compared with $18,763 in 2024, and the company posted a net loss of $14,378 versus a $2,242 loss a year earlier, largely driven by a deferred income tax expense of $10,663.
For the fourth quarter, revenue was $3,963 compared with $4,831 in the prior-year quarter, with a net loss of $11,394 versus net income of $38. Operating expenses declined year over year, but higher interest expense and the tax charge contributed to the larger loss. Total assets fell to $14,437 from $27,346, while total equity dropped to $4,278 from $18,161 as accumulated deficit increased.
Management highlighted 2025 product and technology initiatives, including CaptureSDK 2.0, new SocketScan and DuraScan hardware, and expanded international approvals in Japan for government and digital ID use cases, and reiterated its focus on long-term data capture solutions despite ongoing macroeconomic and distributor headwinds.
Socket Mobile, Inc. (SCKT) furnished a press release reporting results for the three and nine months ended September 30, 2025. The announcement was provided under Item 2.02 (Results of Operations and Financial Condition) and included as Exhibit 99.1 titled “Socket Mobile Reports Third Quarter 2025 Results.”
The company’s common stock trades on NASDAQ under the symbol SCKT.