Socket Mobile Q1 revenue falls 20% to $4.0M; operating loss widens to $0.9M

SOCKET MOBILE, INC.

2025-Q1 EPS reported -$0.13 revenue$3,965,920

Revenue $4.0M, down 20% YoY from $5.0M and 18% sequentially from $4.8M.
Operating loss of $0.9M vs. $0.5M loss in prior year quarter; cash balance $1.7M.
Began shipping new XtremeScan industrial barcode scanners; targeting $27B mobile handheld market.
Monitors potential tariff impact on supply chain; exploring strategic sourcing and pricing adjustments.

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