SONIM TECHNOLOGIES INC
For the period ended Mar 31, 2024. Filed May 14, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 14, 2024
SONM$2.35+5.9%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Stockholder’s Equity
THREE MONTHS ENDED MARCH 31, 2024 AND 2023 (UNAUDITED)
(IN THOUSANDS EXCEPT SHARE AMOUNTS)
| Common stock · Additional Paid-in · Accumulated · Stockholders’ | |||||
|---|---|---|---|---|---|
| For the Three Months Ended March 31, 2023 | Shares | Amount | Capital | Deficit | Equity |
| Balance at January 1, 2023 | 40,774,687 | $41 | $269,874 | $(249,870) | $20,045 |
| Issuance of common stock for payment of services | 220,743 | — | 110 | — | 110 |
| Stock-based compensation | — | — | 309 | — | 309 |
| Net income | — | — | — | 227 | 227 |
| Balance at March 31, 2023 | 40,995,430 | $41 | $270,293 | $(249,643) | $20,691 |
| Common stock · Additional Paid-in · Accumulated · Stockholders’ | |||||
|---|---|---|---|---|---|
| For the Three Months Ended March 31, 2024 | Shares | Amount | Capital | Deficit | Equity |
| Balance at January 1, 2024 | 43,081,083 | $43 | $272,285 | $(249,960) | $22,368 |
| Issuance of common stock upon exercise of stock options | 125,000 | — | 53 | — | 53 |
| Stock-based compensation | — | — | 324 | — | 324 |
| Net loss | — | — | — | (2,906) | (2,906) |
| Balance at March 31, 2024 | 43,206,083 | $43 | $272,662 | $(252,866) | $19,839 |
The accompanying notes are an integral part of these condensed consolidated financial statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.