SONIM TECHNOLOGIES INC
For the period ended Mar 31, 2025. Filed May 12, 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.
Mar 31, 2025 · Filed May 12, 2025
SONM$2.35+5.9%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Stockholder’s Equity
(IN THOUSANDS EXCEPT SHARE AMOUNTS)
| 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 | 4,426,867 | $4 | $272,324 | $(249,960) | $22,368 |
| Issuance of common stock upon exercise of stock options | 12,500 | — | 53 | — | 53 |
| Stock-based compensation | — | — | 324 | — | 324 |
| Net loss | — | — | — | (2,906) | (2,906) |
| Balance at March 31, 2024 | 4,439,367 | $4 | $272,701 | $(252,866) | $19,839 |
| For the Three Months Ended · Common stock · Additional Paid-in · Accumulated · Stockholders’ Equity | |||||
|---|---|---|---|---|---|
| March 31, 2025 | Shares | Amount | Capital | Deficit | (Deficit) |
| Balance at January 1, 2025 | 4,983,868 | $5 | $277,903 | $(283,608) | $(5,700) |
| Issuance of common stock upon settlement of restricted stock units | 2,149 | — | — | — | — |
| Issuance of common stock, net of issuance costs | 1,347,640 | 1 | 3,536 | — | 3,537 |
| Stock-based compensation related to 2024 bonus accrual | — | — | 336 | — | 336 |
| Stock-based compensation | — | — | 290 | — | 290 |
| Net income | — | — | — | 458 | 458 |
| Balance at March 31, 2025 | 6,333,657 | $6 | $282,065 | $(283,150) | $(1,079) |
| (*) | Adjusted retroactively to reflect the 1-for-10 reverse stock split that became effective on July 17, 2024, 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.