secwatch.observer — SEC 8-K summary
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Issuer:     SOCKET MOBILE, INC. (SCKT)
CIK:        0000944075
Form:       8-K
Filed at:   2021-07-22T23:59:59+00:00
Accession:  0000944075-21-000056
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Socket Mobile Q2 revenue $6.0M (+119% YoY); operating income $814K vs loss a year ago
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- Revenue $6.0M, up 119% from $2.7M in Q2 2020 and 24% from Q1 2021.
- Gross margin 55% vs 50% a year ago; operating income $814K vs loss of ($810K).
- Net income $2.6M includes $1.9M tax benefit from disqualified ISO dispositions.
- Company cites retail app deployments as key driver; facing supply chain constraints.
- Cash balance and credit lines support investment in new products.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/944075/000094407521000056/0000944075-21-000056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/944075/000094407521000056/form-8k0722.htm
  HTML page:      https://secwatch.observer/filing/0000944075-21-000056

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer