SONIM TECHNOLOGIES INC
For the period ended Sep 30, 2025. Filed Oct 31, 2025.
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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.
Sep 30, 2025 · Filed Oct 31, 2025
SONM$2.35+5.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Stockholders’ Equity
(IN THOUSANDS EXCEPT SHARE AMOUNTS)
| Common stock · Additional Paid-in · Accumulated · Stockholders’ | |||||
|---|---|---|---|---|---|
| For the Three Months Ended September 30, 2024 | Shares (*) | Amount (*) | Capital (*) | Deficit | Equity |
| Balance at July 1, 2024 | 268,182 | $— | $276,956 | $(259,482) | $17,474 |
| Issuance of common stock upon exercise of stock options and settlement of restricted stock units, net of taxes withheld | 522 | — | — | — | — |
| Issuance of common stock, net of issuance costs | 1,953 | — | 14 | — | 14 |
| Stock-based compensation | — | — | 373 | — | 373 |
| Net loss | — | — | — | (2,512) | (2,512) |
| Balance at September 30, 2024 | 270,657 | $— | $277,343 | $(261,994) | $15,349 |
| Common stock · Additional Paid-in · Accumulated · Stockholders’ Equity | |||||
|---|---|---|---|---|---|
| For the Three Months Ended September 30, 2025 | Shares (*) | Amount (*) | Capital (*) | Deficit | (Deficit) |
| Balance at July 1, 2025 | 574,353 | $1 | $289,290 | $(290,625) | $(1,334) |
| Issuance of common stock, net of issuance costs | 411,111 | 7 | 4,838 | — | 4,845 |
| Promissory note payments settled in equity | 30,188 | 1 | 374 | — | 375 |
| Stock-based compensation | — | — | 166 | — | 166 |
| Impact of retroactively adjusted reverse stock splits | — | (8) | 8 | — | — |
| Net loss | — | — | — | (4,753) | (4,753) |
| Balance at September 30, 2025 | 1,015,652 | $1 | $294,676 | $(295,378) | $(701) |
| Common stock · Additional Paid-in · Accumulated · Stockholders’ | |||||
|---|---|---|---|---|---|
| For the Nine Months Ended September 30, 2024 | Shares (*) | Amount (*) | Capital (*) | Deficit | Equity |
| Balance at January 1, 2024 | 245,952 | $4 | $272,324 | $(249,960) | $22,368 |
| Issuance of common stock upon exercise of stock options and settlement of restricted stock units, net of taxes withheld | 3,308 | 1 | 52 | — | 53 |
| Taxes withheld on net settled restricted stock units | — | — | (5) | — | (5) |
| Issuance of common stock, net of issuance costs | 21,397 | 4 | 3,794 | — | 3,798 |
| Stock-based compensation | — | — | 1,169 | — | 1,169 |
| Impact of retroactively adjusted reverse stock splits | — | (9) | 9 | — | — |
| Net loss | — | — | — | (12,034) | (12,034) |
| Balance at September 30, 2024 | 270,657 | $— | $277,343 | $(261,994) | $15,349 |
| Common stock · Additional Paid-in · Accumulated · Stockholders’ Equity | |||||
|---|---|---|---|---|---|
| For the Nine Months Ended September 30, 2025 | Shares (*) | Amount (*) | Capital (*) | Deficit | (Deficit) |
| Balance at January 1, 2025 | 276,881 | $— | $277,908 | $(283,608) | $(5,700) |
| Issuance of common stock upon settlement of restricted stock units | 42,956 | — | — | — | — |
| Issuance of common stock, net of issuance costs | 665,627 | 12 | 13,785 | — | 13,797 |
| Stock-based compensation related to 2024 bonus accrual | — | — | 1,215 | — | 1,215 |
| Promissory note payments settled in equity | 30,188 | 1 | 374 | — | 375 |
| Stock-based compensation | — | — | 1,382 | — | 1,382 |
| Impact of retroactively adjusted reverse stock splits | — | (12) | 12 | — | — |
| Net loss | — | — | — | (11,770) | (11,770) |
| Balance at September 30, 2025 | 1,015,652 | $1 | $294,676 | $(295,378) | $(701) |
| (*) | Adjusted retroactively to reflect the 1-for-10 reverse stock split that became effective on July 17, 2024 and the 1-for-18 reverse stock split that became effective on October 27, 2025, see Note 1. |
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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.