SOCKET MOBILE, INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $15.1M | $18.8M | $17.0M | $21.2M | $23.2M | $15.7M | $19.3M |
| Cost of Revenue | — | $7.6M | $9.3M | $8.6M | $10.9M | $10.8M | $7.4M | $9.2M |
| Gross Profit | — | $7.5M | $9.5M | $8.5M | $10.4M | $12.4M | $8.3M | $10.1M |
| Gross Margin | — | 49.7% | 50.4% | 49.7% | 48.8% | 53.6% | 53.1% | 52.5% |
| Operating Expenses | ||||||||
| Research & Development | — | $4.4M | $4.7M | $4.8M | $4.4M | $4.0M | $3.1M | $3.9M |
| SG&A Expense | — | $2.4M | $2.8M | $2.7M | $2.8M | $2.8M | $2.3M | $2.6M |
| Operating Income | — | $-3.2M | $-2.5M | $-3.1M | $-446.0K | $2.7M | $-4.4M | $606.4K |
| Operating Margin | — | -21.3% | -13.1% | -18.3% | -2.1% | 11.6% | -27.7% | 3.1% |
| Interest Expense | — | $-496.6K | $-330.8K | $-242.2K | $-175.1K | $198.9K | $97.5K | $100.7K |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | $-10.7M | $551.0K | $1.4M | $708.0K | $1.9M | $50.6K | $219.1K |
| Net Income | — | $-14.4M | $-2.2M | $-1.9M | $86.9K | $4.5M | $-3.3M | $286.6K |
| Net Margin | — | -95.4% | -12.0% | -11.3% | 0.4% | 19.3% | -20.9% | 1.5% |
| EPS (Basic) | — | $-1.81 | $-0.30 | $-0.27 | $0.01 | $0.58 | $-0.51 | $0.05 |
| EPS (Diluted) | — | $-1.81 | $-0.30 | $-0.27 | $0.01 | $0.48 | $-0.51 | $0.05 |
| Shares Outstanding (Basic) | 8.2M | 7.9M | 7.6M | 7.2M | 7.2M | 7.0M | 6.0M | 6.0M |
| Shares Outstanding (Diluted) | 8.2M | 7.9M | 7.6M | 7.2M | 7.5M | 8.9M | 6.0M | 6.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |