SONIM TECHNOLOGIES INC
For the period ended Jun 30, 2025. Filed Aug 8, 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.
Jun 30, 2025 · Filed Aug 8, 2025
SONM$2.35+5.9%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations
SONIM TECHNOLOGIES, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(IN THOUSANDS EXCEPT SHARE AND PER SHARE AMOUNTS)
| Three Months Ended · Six Months Ended | ||||
|---|---|---|---|---|
| June 30, | June 30, | |||
| 2025 | 2024 | 2025 | 2024 | |
| Net revenues | $11,190 | $11,516 | $27,911 | $20,634 |
| Related party net revenues | — | — | — | 7,658 |
| Total net revenues | 11,190 | 11,516 | 27,911 | 28,292 |
| Cost of revenues | 10,345 | 8,547 | 18,710 | 22,421 |
| Gross profit | 845 | 2,969 | 9,201 | 5,871 |
| Operating expenses | ||||
| Research and development | 909 | 557 | 2,542 | 1,013 |
| Sales and marketing | 3,445 | 3,219 | 6,684 | 5,711 |
| General and administrative | 3,223 | 2,446 | 6,062 | 5,089 |
| Impairment of contract fulfillment assets | — | 3,217 | — | 3,217 |
| Total operating expenses | 7,577 | 9,439 | 15,288 | 15,030 |
| Income (loss) from operations | (6,732) | (6,470) | (6,087) | (9,159) |
| Interest expense, net | (389) | (17) | (480) | (17) |
| Other expense, net | (215) | (92) | (179) | (184) |
| Income (loss) before income taxes | (7,336) | (6,579) | (6,746) | (9,360) |
| Income tax expense | (139) | (37) | (271) | (162) |
| Net income (loss) | $(7,475) | $(6,616) | $(7,017) | $(9,522) |
| Net income (loss) per share: | ||||
| Basic | $(0.79) | $(1.41) | $(0.91) | $(2.09) |
| Diluted | $(0.79) | $(1.41) | $(0.91) | $(2.09) |
| Weighted-average shares used in computing net income (loss) per share: | ||||
| Basic | 9,510,601 | 4,685,352 | 7,685,323 | 4,561,741 |
| Diluted | 9,510,601 | 4,685,352 | 7,685,323 | 4,561,741 |
The accompanying notes are an integral part of these condensed consolidated financial statements*.*
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