Socket Mobile, Inc. financial data

Symbol
SCKT on Nasdaq
Industry
Electronic Computers
Location
40675 Encyclopedia Circle, Fremont, CA
State of incorporation
DE
Fiscal year end
December 31
Former names
SOCKET COMMUNICATIONS INC (to 3/13/2008)
Latest financial report
10-Q - Q3 2024 - Nov 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 157 %
Quick Ratio 78 %
Debt-to-equity 50.2 % +4.92%
Return On Equity -7.26 % +39.2%
Return On Assets -4.84 % +40.9%
Operating Margin -13.8 % +12.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 7.61M shares +3.85%
Common Stock, Shares, Outstanding 7.6M shares +3.84%
Entity Public Float 8.42M USD -54.2%
Common Stock, Value, Issued 7.61K USD +3.85%
Weighted Average Number of Shares Outstanding, Basic 7.6M shares +3.84%
Weighted Average Number of Shares Outstanding, Diluted 7.6M shares +3.84%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 18.3M USD +2.94%
Cost of Revenue 9.02M USD -1.02%
Research and Development Expense 4.79M USD +1.18%
Selling and Marketing Expense 4.31M USD +9.89%
General and Administrative Expense 2.73M USD -3.45%
Operating Income (Loss) -2.53M USD +9.65%
Income Tax Expense (Benefit) -150K USD -229%
Net Income (Loss) Attributable to Parent -1.37M USD +40.9%
Earnings Per Share, Basic -0.21 USD/shares +27.6%
Earnings Per Share, Diluted -0.21 USD/shares +27.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.83M USD 0%
Inventory, Net 5.41M USD 0%
Assets, Current 10.7M USD 0%
Deferred Income Tax Assets, Net 10.1M USD 0%
Property, Plant and Equipment, Net 3.03M USD 0%
Operating Lease, Right-of-Use Asset 3.09M USD 0%
Intangible Assets, Net (Excluding Goodwill) 1.56M USD 0%
Other Assets, Noncurrent 250K USD 0%
Assets 28.7M USD 0%
Employee-related Liabilities, Current 580K USD 0%
Liabilities, Current 6.5M USD 0%
Operating Lease, Liability, Noncurrent 2.81M USD 0%
Liabilities 9.32M USD 0%
Retained Earnings (Accumulated Deficit) -47.9M USD 0%
Stockholders' Equity Attributable to Parent 19.4M USD 0%
Liabilities and Equity 28.7M USD 0%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -94.9K USD -190%
Net Cash Provided by (Used in) Financing Activities 23.8K USD
Net Cash Provided by (Used in) Investing Activities 16.4K USD
Common Stock, Shares Authorized 20M shares 0%
Common Stock, Shares, Issued 7.96M shares +3.66%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.91M USD -5.83%
Interest Paid, Excluding Capitalized Interest, Operating Activities 105K USD +191%
Deferred Tax Assets, Valuation Allowance 446K USD -3.88%
Deferred Tax Assets, Gross 10.4M USD +3.04%
Operating Lease, Liability 2.94M USD -13.7%
Payments to Acquire Property, Plant, and Equipment 56.4K USD -87.9%
Property, Plant and Equipment, Gross 6.33M USD 0%
Operating Lease, Liability, Current 483K USD 0%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure
Deferred Tax Assets, Operating Loss Carryforwards 6.2M USD +5%
Deferred Federal Income Tax Expense (Benefit) 76.2K USD
Unrecognized Tax Benefits 1.01M USD -0.69%
Operating Lease, Payments 634K USD +1.97%
Additional Paid in Capital 68.4M USD 0%
Operating Leases, Future Minimum Payments, Due in Two Years 657K USD +3.19%
Amortization of Intangible Assets 31.8K USD
Operating Leases, Future Minimum Payments Due, Next Twelve Months 161K USD +2.7%
Deferred Tax Assets, Net of Valuation Allowance 11M USD +13.7%
Operating Leases, Future Minimum Payments, Due in Three Years 677K USD +3.66%
Operating Leases, Future Minimum Payments Due 3.33M USD -15.8%
Interest Expense -251K USD -16.9%