DNA X, Inc.
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 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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Item 15. Exhibit and Financial Statement Schedules
The following documents are filed as part of this report:
| 1. | Financial Statements. The following - consolidated financial statements and related documents are filed as part of this report: |
| Financial Statements | Page |
|---|---|
| Report of Independent Registered Public Accounting Firm | F-1 |
| Consolidated Balance Sheets – At December 31, 2024 and 2023 | F-2 |
| Consolidated Statements of Operations – Years Ended December 31, 2024 and 2023 | F-3 |
| Consolidated Statements of Stockholders’ Equity – Years Ended December 31, 2024 and 2023 | F-4 |
| Consolidated Statements of Cash Flows – Years Ended December 31, 2024 and 2023 | F-5 |
| Notes to the Consolidated Financial Statements | F-6 to F-27 |
| 2. | Financial Statement Schedules. Schedules are omitted because they are not required or applicable, or the required information is included in the Financial Statements or related notes. |
| 3. | Exhibits. The Exhibits listed in the accompanying Exhibit Index are filed or incorporated by reference as part of, or furnished with, this report. |
Exhibit Index
| Exhibit · Incorporation by Reference | |||||
|---|---|---|---|---|---|
| Number | Exhibit Description | Form | File No. | Exhibit | Filing Date |
| 3.1 | Amended and Restated Certificate of Incorporation of the Registrant | 8-K | 001-38907 | 3.1 | May 17, 2019 |
| 3.2 | Certificate of Amendment to the Amended and Restated Certificate of Incorporation, effective September 15, 2021 | 8-K | 001-38907 | 3.1 | September 15, 2021 |
| 3.3 | Certificate of Amendment to the Amended and Restated Certificate of Incorporation, effective July 17, 2024 | 8-K | 001-38907 | 3.1 | July 18, 2024 |
| 3.4 | Amended and Restated Bylaws of Sonim Technologies, Inc., as amended and restated as of June 14, 2024 | 8-K | 001-38907 | 3.1 | June 14, 2024 |
| 4.1 | Form of Common Stock Certificate of the Registrant | S-1/A | 333-230887 | 4.1 | April 29, 2019 |
| 4.2 | Form of Common Stock Purchase Warrant | 8-K | 001-38907 | 4.1 | April 29, 2024 |
| 4.3 | Promissory note dated as of February 21, 2025 | 8-K | 001-38907 | 4.1 | February 21, 2025 |
| 4.4* | Description of the Registrant’s Securities | ||||
| 10.1† | 2012 Equity Incentive Plan and forms of agreements thereunder | S-1 | 333-230887 | 10.1 | April 15, 2019 |
| 10.2† | Sonim Technologies, Inc. 2019 Equity Incentive Plan, as amended and restated as of January 1, 2025, and forms of agreements thereunder | S-8 | 333-284211 | 99.1 | January 10, 2025 |
| 10.3† | 2019 Employee Stock Purchase Plan | S-1/A | 333-230887 | 10.3 | April 29, 2019 |
| 10.4† | Form of Indemnification Agreement, by and between the Registrant and each of its directors and executive officers | S-1 | 333-230887 | 10.4 | April 15, 2019 |
| 10.5+# | Asset Purchase & Employee Transfer Agreement dated as of December 22, 2020, by and among Sonim Technologies (India) Private Limited and Coforge Ltd. | 8-K | 001-38907 | 10.1 | December 29, 2020 |
| 10.6+# | ODM Services Agreement dated as of February 26, 2021, by and among Sonim Technologies, Inc. and FIH (Hong Kong) Limited | 8-K | 001-38907 | 10.1 | March 4, 2021 |
| 10.7† | Non-Employee Director Compensation Policy dated as of January 1, 2024 | 10-K | 001-38907 | 10.8 | March 27, 2024 |
| 10.8# | Subscription Agreement, dated as of April 13, 2022, by and between Sonim Technologies, Inc. and AJP Holding Company, LLC | 8-K | 001-38907 | 10.1 | April 14, 2022 |
| 10.9†# | Amended and restated letter agreement, dated as of December 8, 2023, by and between Sonim Technologies, Inc. and Clay Crolius | 8-K | 001-38907 | 10.2 | December 11, 2023 |
| 10.10 | Registration Rights Agreement, dated as of July 13, 2022, by and between Sonim Technologies, Inc. and AJP Holding Company, LLC | 8-K | 001-38907 | 10.5 | July 13, 2022 |
| 10.11†# | Amended and restated letter agreement, dated as of December 8, 2023, by and between Sonim Technologies, Inc. and Hao (Peter) Liu | 8-K | 001-38907 | 10.1 | December 11, 2023 |
| 10.12† | Employment Agreement, dated as of August 23, 2022, by and between Sonim Technologies, Inc. and Charles Becher | 10-K/A | 001-38907 | 10.19 | May 1, 2023 |
| 10.13# | Subscription Agreement, dated as of April 29, 2024, by and between Sonim Technologies, Inc. and the purchaser named therein | 8-K | 001-38907 | 10.1 | April 29, 2024 |
| 10.14 | Registration Rights Agreement, dated as of April 29, 2024, by and between Sonim Technologies, Inc. and the purchaser named therein | 8-K | 001-38907 | 10.2 | April 29, 2024 |
| 10.15 | First Amendment to Registration Rights Agreement, dated as of June 2, 2024, by and between Sonim Technologies, Inc. and the investor named therein | 8-K | 001-38907 | 10.1 | June 4, 2024 |
| 10.16 | Lock-Up Agreement, dated as of April 29, 2024, by and between Sonim Technologies, Inc. and the purchaser named therein | 8-K | 001-38907 | 10.3 | April 29, 2024 |
| 10.17+ | Invoice Purchase Agreement, dated as of September 23, 2024, by and between Sonim Technologies, Inc. and LS DE LLC | 8-K | 001-38907 | 10.1 | September 27, 2024 |
| 10.18 | Note Purchase Agreement, dated as of February 21, 2025, by and between Sonim Technologies, Inc. and Streeterville Capital, LLC | 8-K | 001-38907 | 10.1 | February 21, 2025 |
| 19.1* | Insider Trading Policy | ||||
| 21.1* | Subsidiaries of the Registrant | ||||
| 23.1* | Consent of Independent Registered Public Accounting Firm | ||||
| 31.1* | Certification of Principal Executive Officer pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as Adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 | ||||
| 31.2* | Certification of Principal Financial Officer pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as Adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 | ||||
| 32.1** | Certification of Principal Executive Officer pursuant to 18 U.S.C. Section 1350, as Adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 | ||||
| 32.2** | Certification of Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as Adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 | ||||
| 97.1 | Sonim Technologies, Inc. Clawback Policy for Incentive-based Compensation effective as of October 2, 2023 | 10-K | 001-38907 | 97.1 | March 27, 2024 |
| 101.INS* | Inline XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document) | ||||
| 101.SCH* | Inline XBRL Taxonomy Extension Schema Document | ||||
| 101.CAL* | Inline XBRL Taxonomy Extension Calculation Linkbase Document | ||||
| 101.DEF* | Inline XBRL Taxonomy Extension Definition Linkbase Document | ||||
| 101.LAB* | Inline XBRL Taxonomy Extension Label Linkbase Document | ||||
| 101.PRE* | Inline XBRL Taxonomy Extension Presentation Linkbase Document | ||||
| 104* | Cover Page Interactive Data File (formatted as inline XBRL and Contained in Exhibit 101) | ||||
| * | Filed herewith |
|---|---|
| ** | Furnished herewith |
| † | Indicates a management contract or compensatory plan or arrangement |
| + | Portions of this exhibit have been redacted in compliance with Item 601(b)(10)(iv) of Regulation S-K. The Company agrees to furnish supplementally an unredacted copy of the exhibit to the SEC upon its request |
| # | Certain schedules and attachments have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Company agrees to furnish a copy of such schedules and attachments to the SEC upon its request |
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