---
schema_version: "secwatch.filing_event.v1"
accession: "0000944075-23-000061"
form_type: "8-K"
ticker: "SCKT"
cik: "0000944075"
company_name: "SOCKET MOBILE, INC."
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T16:20:15.496210+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Socket Mobile Q2 revenue falls 15% YoY to $5.1M; operating loss of $292K

## Summary
- Revenue $5.1M, down 15% YoY from $6.0M, up 19% sequentially from $4.3M.
- Gross margin 51.8% improved from 50.2% YoY and 48.1% sequentially.
- Operating loss $292K vs operating income $189K in prior year; operating loss $955K in Q1 2023.
- Raised $1.6M via secured subordinated convertible note; cash $3.4M at June 30 vs $3.0M at March 31.
- CEO cites retail sector weakness; new wearable scanner DuraScan Wear DW930 and FeliCa certification for S550.

## SEC filing metadata
- accession: 0000944075-23-000061
- form_type: 8-K
- ticker: SCKT
- cik: 0000944075
- company_name: SOCKET MOBILE, INC.
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/944075/000094407523000061/0000944075-23-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/944075/000094407523000061/form-8k0802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000944075-23-000061
- JSON: https://secwatch.observer/filing/0000944075-23-000061.json
- Plain text: https://secwatch.observer/filing/0000944075-23-000061.txt

## Key facts
- Earnings Releases
  SOCKET MOBILE, INC. reported Second Quarter 2023 results: revenue $5.1 million.
  - Period: Second Quarter 2023
  - Revenue: $5.1 million
  - Result: reported results
  source text: Revenue decreased 15% to $5.1 million, compared to $6.0 million in the prior-year quarter
  evidence_url: https://www.sec.gov/Archives/edgar/data/944075/000094407523000061/0000944075-23-000061-index.htm

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