---
schema_version: "secwatch.filing_event.v1"
accession: "0000944075-23-000030"
form_type: "8-K"
ticker: "SCKT"
cik: "0000944075"
company_name: "SOCKET MOBILE, INC."
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T11:10:49.154720+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Socket Mobile Q1 net loss $993K; revenue $4.3M down 32% YoY

## Summary
- Revenue $4.3M, down from $6.3M in Q1 2022 and $5.2M in Q4 2022.
- GAAP net loss $993K vs net income $342K in prior-year quarter.
- Gross margin 48.1% vs 49.7% a year ago; cash $2.96M (down from $3.62M).
- Distribution inventory adjustments expected to continue through Q2 2023.
- Launched SocketCam C860 (paid upgrade, recurring revenue) and DuraSled for iPhone 14.

## SEC filing metadata
- accession: 0000944075-23-000030
- form_type: 8-K
- ticker: SCKT
- cik: 0000944075
- company_name: SOCKET MOBILE, INC.
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/944075/000094407523000030/0000944075-23-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/944075/000094407523000030/form-8k0427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000944075-23-000030
- JSON: https://secwatch.observer/filing/0000944075-23-000030.json
- Plain text: https://secwatch.observer/filing/0000944075-23-000030.txt

## Key facts
- Earnings Releases
  SOCKET MOBILE, INC. reported the three months ended March 31, 2023 results: revenue $4.3 million, net income GAAP net loss of $993,000.
  - Period: the three months ended March 31, 2023
  - Revenue: $4.3 million
  - Net income: GAAP net loss of $993,000
  - Result: reported results
  source text: of $4.3 million versus $6.3 million for the prior-year quarter and $5.2 million for the preceding
  evidence_url: https://www.sec.gov/Archives/edgar/data/944075/000094407523000030/0000944075-23-000030-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.